The post DeFi Protocol Stream Finance Halts Withdrawals, Reports $93M Loss, xUSD Depegs appeared on BitcoinEthereumNews.com.

Crime Uncertainty is rising across decentralized finance after a leading protocol revealed significant losses linked to an external fund manager. Key Takeaways: Stream Finance has suspended all withdrawals and deposits following a reported $93 million loss. The loss was disclosed by an external fund manager overseeing part of Stream’s portfolio. Law firm Perkins Coie has been appointed to investigate the incident. Stream’s stablecoin, Staked Stream USD (xUSD), has sharply depegged to around $0.50. Stream Finance Suspends All User Activity Decentralized finance protocol Stream Finance has temporarily frozen all user withdrawals and deposits after one of its external fund managers reported a significant loss totaling approximately $93 million. The company announced the suspension late Monday on X (formerly Twitter), saying the decision was made to protect user funds and allow time to assess the situation. In its statement, Stream said it is in the process of withdrawing all remaining liquid assets held under external management and expects to complete the retrieval soon. “Until we are able to fully assess the scope and causes of the loss, all withdrawals and deposits will be temporarily suspended,” the company wrote, noting that pending deposits will not be processed during this period. Yesterday, an external fund manager overseeing Stream funds disclosed the loss of approximately $93 million in Stream fund assets. In response, Stream is in the process of engaging Keith Miller and Joseph Cutler of the law firm Perkins Coie LLP, to lead a comprehensive… — Stream Finance (@StreamDefi) November 4, 2025 The protocol assured users that updates will be shared periodically as the investigation unfolds and encouraged patience while the internal and external reviews are conducted. Legal Team to Lead Investigation To determine how the loss occurred and who may be responsible, Stream Finance has engaged the services of law firm Perkins Coie…

---

Filed under: News - @ November 4, 2025 12:26 pm