Overview
- Deposits and withdrawals are suspended until further notice, and pending deposits will not be processed.
- Perkins Coie has been retained to lead the probe, with attorneys Keith Miller and Joseph Cutler overseeing the investigation.
- The team says it is withdrawing remaining liquid assets and expects that process to complete soon.
- Analysts estimate more than $280 million in loans across Euler, Morpho, and Silo use Stream-related collateral on Plasma, Arbitrum, and Plume.
- Other Stream synthetic tokens such as xBTC and xETH have also been affected following the disclosure of losses.