Re7 Labs is under fire for sharing a report summarizing the events of the past couple of days rather than providing a solution

Re7 Labs, a DeFi risk curation and research arm of the London-based hedge fund Re7 Capital, has taken significant heat after releasing a lengthy thread on X, formerly Twitter, that contained its own version of events stemming from the Stream Finance insolvency. It called the post an “update regarding previous and ongoing efforts to address and mitigate” the current issues. However, rather than soothe already hot tempers, the post has backfired , triggering a new wave of criticism. Details from Re7 Labs’ post The long post from Re7 Labs details the steps the team has been taking to mitigate risk and, where feasible, to prevent or minimize potential losses. The post detailed things like what happened, the actions the team took afterward, and the current status of things in the xUSD Euler Markets, deUSD, and sdeUSD markets on Plume, and sUSDX and USDX markets on BSC. In all three cases,...

https://www.cryptopolitan.com/re7-labs-criticism-from-stream-insolvency/