Energy Ledger (ELX) news

Bitget Spot Margin Announcement on Suspension of ELX/USDT Margin Trading Services

Without accountability mechanisms, DeFi will continue to replay failures

An intermediary that charges fees must be responsible for the risks it creates

Unstable Stablecoins

Income without a clear source is not profit, but rather a countdown-powered plunder.

[Long English Thread] "Stablecoins" Are Not Stable at All: Why Do Stablecoins Always Die in the Same Way?

Morpho Delists Elixir’s sdeUSD/USDC Pair After deUSD Collapse, 3.6% Bad Debt

Quick Take Summary is AI generated, newsroom reviewed. Morpho delisted Elixir’s sdeUSD/USDC market after deUSD’s collapse. The action created 3.6% bad debt in the Morpho USDC vault. Elixir retired its deUSD stablecoin after losing 98% of its value. MEV Capital is coordinating recovery efforts for creditors. About 80% of deUSD holders have received USDC compensation.References X Post Reference

MEV Capital: The Ethereum Morpho USDC vault no longer holds any Elixir assets

DeFi’s November Nightmare Exposes Critical Risk For The Crypto Ecosystem

$220 million lost in a day as Balancer and Stream hacks expose DeFi’s composability risks and spark urgent calls for stronger, transparent safeguards.

"The biggest victim of the DeFi collapse" suffers losses of over 100 million USD, with funds still inaccessible

Can we still trust DeFi?

「Biggest DeFi Rug Pull Victim」 Loses Over $100 Million, Funds Currently Unable to Be Withdrawn

Can We Still Trust DeFi?

Re7 Labs affected by stablecoin protocol collapses with total losses exceeding 27 million USD

The Curve community has initiated a proposal to "close all Elixir market Gauges" and plans to stop distributing CRV tokens to the related pools.

Curve community initiates a proposal to "close all Elixir market Gauges," aiming to stop releasing CRV tokens to related pools

Elixir Halts Withdrawals of deUSD Stablecoin Amid Stream Finance $93M Loss, Triggering Market Instability

DeFi faces a potential $8 billion risk, but only $100 million has exploded so far

Elixir Suspends deUSD Following Stream Finance’s $93 Million Loss and Market Turmoil

Elixir Ends deUSD Stablecoin After $93M Stream Loss

Elixir sunsets deUSD stablecoin after $93M loss from Stream Finance, leaving $75M in deUSD trapped.Why Elixir Pulled the Plug on deUSDWhat This Means for Users and DeFi Stability

Trading Strategy: In-depth Review of the Reasons Behind the xUSD Crash

The rule of "high risk, high return" always holds true, but to apply it, you must truly understand the risks involved.

Elixir: The official 1:1 deUSD to USDC redemption channel is now open

DeFi domino effect raises concerns, with potential hidden crises lurking beneath the surface

Stablecoins experience largest weekly outflow since Luna crash, totaling $1 billion

DeFi's potential $8 billion risk, only $100 million has exploded so far

Stream Finance Implosion and Systemic Crisis

Elixir Axes deUSD Stablecoin After Stream Finance’s $93M Loss

Trading Strategy: Deep Dive into the xUSD Flash Crash Cause

The "high risk, high reward" rule always holds true, but to apply it, the precondition is that you truly understand risk.

The aftershocks of the Balancer hack are not over yet—how will the depegging of Stream’s xUSD affect your assets?

SuiLend: Closely monitoring the massive losses at Stream Finance, and has contacted Elixir to request loan repayment.

Berachain: Most key partners are ready to resume blocks

Analyst: Stream Finance's $93 million loss could lead to over $285 million in risk exposure

Analysts map $285M in potential exposure across DeFi after Stream Finance's $93M loss

Quick Take YieldsAndMore analysts have highlighted a possible exposure of more than $285 million tied to Stream Finance’s $93 million loss. The Stream fallout adds to a turbulent week for DeFi, alongside the $128 million Balancer exploit and Moonwell’s $1 million oracle attack.

Stream Finance Freezes Withdrawals After $93M Loss Amid Fraud Concerns

DeFi platform Stream Finance suspended withdrawals following a $93 million asset loss by an external fund manager, potentially affecting $285 million in loans.

LayerZero has officially launched on Sui