s retweeted
We are releasing the first liquid way to trade Anthropic.
For far too long, frontier assets have only been accessible to a select few. We are here to bring them to the masses.
Introducing EntropyIO. We’ve raised $14M led by Ribbit Capital and a $40M HYPE stake to build both improved and entirely new markets, the first of which are live on Hyperliquid today.
i actually had a lot of my net worth with @StreamDefi
lost 7figs recently and was going to withdraw my funds last month
i'm not on CT much, so i did not see previous fud, but its time to come back and run it up tenfold like i did before
i trade all day everyday but am quite risk-off with my port, so i thought parking my stables was responsible and chose Stream as i trusted the team wholeheartedly and it ended up being one of my biggest losses this year (that is not @0xlawlol 's fault via post below)
very hard but necessary lessons to learn as a first cycler. but i fell in love with trading crypto and i've progressed so much that the only option left is to win
hope the team + those who were affected manages to recover financially and mentally and we get updates soon, don't give up hope and we will make it back
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 investigation into the incident.
We are actively withdrawing all liquid assets and expect this process to be completed in the near term
To keep our stakeholders informed, we will provide periodic updates as additional information becomes available. Until we are able to fully assess the scope and causes of the loss, all withdrawals and deposits will be temporarily suspended. Any pending deposits will not be processed at this time.
Our decision to retain Perkins Coie LLP reflects Stream’s unwavering commitment to transparency and robust corporate governance.
