Elixir said it will sunset its deUSD stablecoin after $75 million worth of the token became entangled in Stream Finance’s $93 million loss.
Story Tags

Latest news and analysis from Cointelegraph
CointelegraphElixir said it will sunset its deUSD stablecoin after $75 million worth of the token became entangled in Stream Finance’s $93 million loss.

Latest news and analysis from Cointelegraph

Tech industry leaders invest $1 billion in AI startups to expand technological capabilities. Investments aim to foster innovation, enhancing operational efficiencies and creating new models. Continue ...

IREN moved from near collapse to a massive $9.7 billion agreement with Microsoft, according to Bloomberg. The company was founded by Daniel Roberts and Will Roberts, two former Macquarie Group bankers...

Decentralized finance liquidity provider Elixir has suspended support for its synthetic stablecoin deUSD following the fallout from Stream Finance’s $93 million loss earlier this week. Key Takeaways: ...