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Grab deepens stablecoin push with StraitsX Web3 wallet and settlements

Grab deepens stablecoin push with StraitsX Web3 wallet and settlements

Grab, Southeast Asia’s largest super-app, is taking a deeper step into stablecoin infrastructure with a new exploratory agreement with StraitsX, a Singapore-based stablecoin issuer.The two companies announced on Tuesday that they had signed a memorandum of understanding (MOU) to develop a Web3-enabl…

Stream Finance Halts Withdrawals After $93 Million Loss DeFi Investors in Shock

Stream Finance Halts Withdrawals After $93 Million Loss DeFi Investors in Shock

The DeFi world was hit with another shock as Stream Finance, a platform known for its yield and capital efficiency strategies, paused all withdrawals and deposits after suffering a massive $93 million loss. The company said the loss came from an external fund manager responsible for handling a porti…