Elixir deUSD News

Bitcoin drops under $100K, $1.7B liquidated, JPMorgan flips bullish, ETFs rebound, and new global crypto policies shake the market.

Bitcoin drops under $100K, $1.7B liquidated, JPMorgan flips bullish, ETFs rebound, and new global crypto policies shake the market.

deUSD has collapsed after Stream Finance lost $93M. Elixir shuts down the stablecoin as users rush to redeem holdings amid its dollar peg failure.

Following Stream Finance’s collapse, Elixir has shut down its deUSD stablecoin after a 97% crash, highlighting how opaque collateral exposure can destabilize DeFi ecosystems and synthetic assets. The post Elixir Shuts Down deUSD Stablecoin After...

Decentralized finance platform Elixir halted support for its synthetic stablecoin, deUSD, after the collapse of Stream Finance.

A Chainlink price feed’s alleged malfunction led to more than $500,000 in liquidations on May 29, sparking fresh debate over the reliability of oracles in DeFi. According to reports, Chainlink’s price oracle for the deUSD stablecoin inaccurately...