By Emir Abyazov Key highlights: A $93M loss sends shockwaves through the DeFi world as Stream Finance suspends operations Its stablecoin XUSD plunges to $0.51, triggering panic across the community Legal and transparency questions arise over “recursive looping” strategies The decentralized finance (DeFi) platform Stream Finance has suspended operations after reporting losses of $93 million. […]
Tag: TVL
By Emir Abyazov Key highlights: $88M stolen from Balancer in a cross-chain hack that’s still unfolding Third major exploit in months raises serious DeFi security questions Investigators track suspicious transfers as Balancer stays silent The DeFi protocol Balancer has suffered a massive exploit, with hackers draining $88 million in assets from its storage. Cybersecurity firm […]
By Emir Abyazov Key highlights: Bitwise CIO sees Solana thriving as tokenization accelerates Hougan says Solana offers investors “two ways to win” Institutional adoption could send Solana soaring in 2025 Bitwise Chief Investment Officer Matt Hougan shared why he’s betting long-term on Solana, calling it a project that gives investors “two ways to win.” In […]