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Rails has launched an "Institutional-Grade Vault" on the Stellar network to provide secure, scalable, and reliable storage solutions for organizations. This new feature aims to enhance asset security and streamline management processes for institutional users, supporting the growing demand for enterprise-grade financial infrastructure on the Stellar blockchain.
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Euler: The DAO-managed market has no exposure to Stream and is operating normally.
BlockBeats News, November 8 — The lending protocol Euler stated that “Euler DAO-managed markets have no direct or indirect exposure to Stream, are completely isolated, and continue to operate normally.” Previously, on November 4, Stream Finance announced that “yesterday, the external fund manager responsible for managing Stream funds disclosed that approximately $93 million of Stream fund assets suffered losses. In response, Stream is hiring law firm Perkins Coie LLP to lead a comprehensive investigation into the incident.”