DeFi Platform Elixir Halts Support for deUSD After Stream Finance’s $93M Loss

Elixir has halted support for its deUSD stablecoin following a significant loss incurred by Stream Finance. The platform suffered a $93 million loss, which directly impacted deUSD, causing its value to crash to just $0.015.

This development marks a critical moment for the DeFi ecosystem, as the stability and trust in stablecoins like deUSD are essential for decentralized finance platforms. The decision by Elixir to suspend support underscores the challenges faced amid recent market turmoil.

For more details on this incident, stay tuned to Cryptonews.
https://cryptonews.com/news/defi-platform-elixir-halts-support-for-deusd-after-stream-finances-93m-loss/

“A big joke”- Internet reacts as former Teen Top member Bang Min-soo reported to lead South Korea’s Idol Union amidst past controversies

On Friday, November 7, Seoul Economic Daily reported that Bang Min-soo, a former member of Teen Top, will be serving as the president of a new venture called Idol Union.

This announcement marks an exciting new chapter for Bang Min-soo as he takes on a leadership role in the entertainment industry. Idol Union aims to make a significant impact under his guidance.
https://www.sportskeeda.com/us/k-pop/news-a-big-joke-internet-reacts-former-teen-top-member-bang-min-soo-reported-lead-south-korea-s-idol-union-amidst-past-controversies

Netherlands, The Consumer Spending Volume fell from previous 1.1% to 0.8% in September

Netherlands: Consumer Spending Volume Falls to 0.8%

The latest data indicates that consumer spending volume in the Netherlands has declined, falling from the previous figure of 1.1% to 0.8% year-on-year.

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https://bitcoinethereumnews.com/finance/netherlands-the-consumer-spending-volume-fell-from-previous-1-1-to-0-8-in-september/

Canada poised to lose measles elimination status, a possible harbinger of more disease outbreaks

Canada is poised to lose its measles elimination status after nearly three decades.

Public health experts are raising concerns about potential outbreaks of other preventable diseases as vaccination rates continue to fall.

The decline in immunization coverage threatens to reverse years of progress in controlling infectious diseases across the country.
https://www.allsides.com/news/2025-11-06-0800/healthcare-canada-poised-lose-measles-elimination-status-possible-harbinger-more-disease-outbreaks

Family turns grief into scholarships for Northwest High seniors

The annual event has successfully raised nearly $300,000 in scholarships for Northwest High School.

This significant achievement highlights the community’s generosity and commitment to supporting student education. The funds raised are dedicated to providing valuable opportunities for deserving students, helping them pursue their academic goals with less financial burden.

Thanks to the continued efforts and support of organizers, sponsors, and attendees, Northwest High School students can benefit from these scholarships each year, paving the way for a brighter future.
https://fox2now.com/news/missouri/family-turns-grief-into-scholarships-for-northwest-high-seniors/

Tesla Shareholders Approve $1 Trillion Pay Package for Elon Musk

Tesla Inc. shareholders have approved a potential $1 trillion compensation package for Chief Executive Officer Elon Musk, marking the largest payout ever awarded to a corporate leader.

The massive payout is contingent upon Musk meeting specific performance goals set by the company. These targets are designed to ensure that the compensation aligns with Tesla’s growth and achievements over time.

Bloomberg’s Ed Ludlow reports on this unprecedented agreement, highlighting its significance in the corporate world. This milestone underscores Tesla’s confidence in Musk’s leadership as the company continues to expand.
https://www.bloomberg.com/news/videos/2025-11-06/tesla-shareholders-approve-elon-musk-pay-package-video

Here’s what to know about shutdown-related flight cancellations at O’Hare

With a 10% cut in flights coming this Friday, O’Hare International Airport is preparing for a challenging day for thousands of passengers.

The airport’s two major carriers have offered advice to help travelers navigate the disruptions.

Passengers are encouraged to stay informed and allow extra time for their journeys as the reduced flight schedule may lead to increased crowding and potential delays.

Staying updated with airline communications and arriving early at the airport can help ensure a smoother experience on what is expected to be a busy travel day.
https://www.dailyherald.com/20251106/transportation/heres-what-to-know-about-shutdown-related-flight-cancellations-at-ohare/

Scores of Palestinian Militants Still in Israeli-Controlled Parts of Gaza, Officials Say

At least some of the fighters are believed to be located within the enclave’s vast tunnel network. These fighters remain marooned behind the so-called “yellow line,” the position to which Israeli forces withdrew as part of the cease-fire agreement.
https://www.nytimes.com/2025/11/06/world/middleeast/hamas-militants-trapped-gaza-israel.html