decimation
The Collapse of Stream Finance: $93 Million Loss and the Decimation of XUSD
The decentralized finance (DeFi) ecosystem has been rocked by a catastrophic failure following the disclosure of a massive asset loss by Stream Finance, the issuer of the Staked Stream USD (XUSD) stablecoin. What was marketed as a secure, yield-bearing dollar-pegged asset has plummeted into near-obsolescence after the protocol admitted that approximately $93 million in capital—a […]
