The Stream Finance collapse resulted from a $93 million loss by an external fund manager, causing its stablecoin xUSD to depeg and crash 77%, highlighting DeFi vulnerabilities in fund management
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CoinOtagThe Stream Finance collapse resulted from a $93 million loss by an external fund manager, causing its stablecoin xUSD to depeg and crash 77%, highlighting DeFi vulnerabilities in fund management

Latest news and analysis from CoinOtag

The cryptocurrency plunged below $100K, triggering $470 million in liquidations, as long investors racked up the lion’s share of losses. Markets in Turmoil: AI Fears and a Socialist NYC Sink Bitcoin a...

An appeals court did not appear to embrace arguments made by Sam Bankman-Fried's lawyer as to why his 25-year sentence should be overturned....

Sam Bankman-Fried’s appeal for a new trial was heard in federal court, but judges expressed skepticism toward arguments of trial unfairness, focusing on overwhelming fraud evidence from his FTX collap...