apxUSD Hits $0.93, Apyx Says Depeg Is A Feature
Apyx’s apxUSD slipped to $0.93 as Bitcoin fell and STRC dipped below par. The protocol calls the depeg a feature. Here is the equity risk behind the yield.
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$2.8M StablR Multisig Exploit Pushes EURR, USDR Off Peg
A 1-of-3 multisig compromise drained $2.8M from StablR by minting 8.35M USDR and 4.5M EURR. EURR fell 23%, USDR fell 30%. Both trade on Ethereum and Solana.
