Stream Finance meltdown: winners and losers in DeFi ‘risk curator’ reckoning •
The recent depeg of Stream Finance’s xUSD has led to concerns over the health of an interwoven ecosystem of similar high-yield vaults.
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Live reporting •
Stream Finance halts withdrawals after $93M loss, xUSD depegs 75%
DeFi platform Stream Finance has halted deposits and withdrawals in response to the loss of $93M of “Stream fund assets.”
DeFi projects under fire for inflated TVL and murky lending loops
Critics of DeFi yield farming projects claim they created a “daisy chain” by recursively lending funds between one another to inflate TVL.
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Dathon Ohm: the dev who wants to fork Bitcoin—by Protos Staff
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How Jim Chanos outplayed Michael Saylor: short MSTR, long BTC—by Protos Staff
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Strategy’s preferred shares spell out an unfortunate acronym: FCKD—by Protos Staff
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Justin Sun’s Poloniex and HTX withdraw huge amounts from AAVE—by Protos Staff
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Stream Finance meltdown: winners and losers in DeFi ‘risk curator’ reckoning—by Protos Staff
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Strategy needs to pay $689M a year to not sell bitcoin—by Protos Staff
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China is sentencing pig butchering scammers to death—by Protos Staff
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Stream Finance halts withdrawals after $93M loss, xUSD depegs 75%—by Protos Staff
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Balancer exploit drains $129M in DeFi disaster—by Protos Staff
