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.
Open sourcing our Sui arbitrage bot that made $200k+: https://t.co/RJmJY9C8Ys
The bot can arb between DEX like @CetusProtocol@navi_protocol@AftermathFi@DeepBookonSui@Turbos_finance@KriyaDEX. We also built a MoveVM simulator in Rust that can fork the chain and simulate tx faster.
Due to lack of engineers and competition onchain, it was no longer maintained. Specifically, it lacks a bellman-ford algo implementation to be profitable again. Feel free to do whatever you want with the code.