Euler: DAO-Managed Market Has No Exposure to Stream, Running Smoothly

BlockBeats News, November 8th, the lending protocol Euler posted a statement saying, "The market managed by the Euler DAO has no direct or indirect exposure to Stream, is completely isolated, and continues to operate normally."

Previously reported, on November 4th, Stream Finance posted a statement saying, "Yesterday, an external fund manager responsible for managing Stream funds disclosed that around $93 million of Stream fund assets suffered losses. In response, Stream is currently engaging the law firm Perkins Coie LLP to lead a comprehensive investigation into the incident."