Elixir sunsets deUSD stablecoin in reaction to Stream’s $93M loss
Elixir said it will sunset its deUSD stablecoin after $75 million worth of the token became entangled in Stream Finance’s $93 million loss.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Elixir said it will sunset its deUSD stablecoin after $75 million worth of the token became entangled in Stream Finance’s $93 million loss.
Why this matters
This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
Hyperscale Data sits on $71 million in Bitcoin with a $56 million market cap – Here is why its not a bargain
The market values Hyperscale Data’s common equity below its disclosed Bitcoin holdings. Whether that gap belongs to common shareho...
7 Crypto Risk Controls Traders in South Korea Apply
Multiple studies of retail trading activity have reached the same conclusion: most active traders lose money over time, largely be...
Stablecoin firm Brale says new protocol can remove a major hurdle to scaling custom tokens
Today's bridge model won't scale as hundreds of companies issue their own stablecoins, fragmenting liquidity, Brale CEO Ben Milne...
Mark Zuckerberg Meta AI Predicts Bitcoin Will Cross This Price by Next 60 Days
Mark Zuckerberg Meta AI predicts in weeks here rather than months. From $64,800, the price prediction is a 60 day breakout with a...
Visa outlines stablecoin strategy during Q3 earnings call
Visa said it is investing across the stablecoin stack, highlighting OpenUSD, tokenized deposits and AI-powered commerce during the...
“There’s no free money forever”: Twenty One Capital’s new CEO warns the Bitcoin treasury playbook is dying
Raphael Zagury, the newly appointed CEO of Bitcoin-focused public company Twenty One Capital, says the premium-funded model behind...