🚨 ALERT: Stream Finance froze deposits and withdrawals after a $93M loss, sending its stablecoin to $0.50.
@Cointelegraph Another reminder why stablecoin trust depends on transparency and collateral audits.
@Cointelegraph Another reminder why DeFi needs transparency; one “audit” tweet doesn’t replace real proof of reserves.
@Cointelegraph A sudden Category 5 hurricane hitting the Stream Finance ecosystem. When the atmospheric pressure on a stablecoin drops this fast, it's a sign of a catastrophic design flaw, not just market turbulence.
@Cointelegraph damn centralized stables ghosting harder than a bad date
@Cointelegraph another bullish day for crypto lol
@Cointelegraph Sounds like FTX and $LUNC round 2
@Cointelegraph Stablecoin at $0.50… guess it wanted to live life on the edge. 😅
@Cointelegraph Yikes, another day, another DeFi drama. Can't trust these stablecoins to stay stable, huh? Hope nobody threw their life savings in there.
@Cointelegraph STREAM FINANCE JUST FROZE ALL FUNDS AFTER LOSING $93 MILLION. ITS STABLECOIN COLLAPSED TO $0.50, CHAOS.
@Cointelegraph Another top signal stablecoin depeg
@Cointelegraph Stable coin at $0.50 is wild. We hope they rectify this.
@Cointelegraph Freezing withdrawals is never a good sign
@Cointelegraph Sad to hear, hope all people will get their $ back
@Cointelegraph Pow! Rock and roll baby!
@Cointelegraph the only stablecoin is BTC in self-custody
@Cointelegraph Not so stable after all
@Cointelegraph They cant stop people from using blockchain because it will take the control away from them. But they can show how they can stop you without stopping you by using it in an evil way.
@Cointelegraph Unstable coin in other words
@Cointelegraph another f** rug
@Cointelegraph Too many stable coins 🪙
@Cointelegraph Stream whaaat? Lmao
@Cointelegraph @MemeREKT2 RIP ⚰️🪦
@Cointelegraph Is this the new stablecoin rollercoaster?
@Cointelegraph When your stablecoin's stable no more 🤣🚀
@Cointelegraph Tough situation for sure, ouch.
@Cointelegraph Risk management matters
@Cointelegraph This is another hard reminder, without verifiable honesty at the protocol level, stability is just an illusion.