$BTC briefly broke the $100K mark for the first time since June. As of now, $BTC is trading at $101,504 and $ETH at $3,289, with Bitcoin dominance standing at 60.77%.
Stream Finance disclosed a $93 million loss after an external fund manager mishandled assets, prompting the firm to suspend deposits and withdrawals and engage Perkins Coie LLP for a full investigation. The incident has created ripple effects across DeFi, with major stablecoins and vaults like Elixir’s deUSD and Treeve’s scUSD showing indirect exposure.
A few other headlines include: Sequans announced the redemption of 50% of its convertible debt funded through the sale of 970 Bitcoin, and the Berachain Foundation confirmed that approximately $12.8 million from the BEX / Balancer v2 exploit has been fully recovered.
During the last 24 hours, the top three gainers were $MMT, $ICP, and $DCR, while the top three losers were $TAO, $MORPHO, and $SPX.
