Stream Finance confirmed a major loss of about $93 million in fund assets managed by an external partner. The project has hired top law firm Perkins Coie LLP to lead an independent investigation and has suspended all deposits and withdrawals pending review. The news comes just a day after its staked stablecoin, XUSD, depegged by 22.6% in 24 hours, sparking wide concern across the DeFi community. $93 Million Loss Disclosed In an official statement shared on X (Twitter), Stream Finance said an external fund manager overseeing part of its portfolio reported a loss of approximately $93 million. According to the
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