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Alameda-backed Ren warns users of losses as it plans to wind down protocol

www.theblock.co

Ren Protocol warned its users of potential risk of losses after it shuts down its existing product.  The post Alameda-backed Ren warns users of losses as it plans to wind down protocol appeared first on The Block.

Read in Full: www.theblock.co
Bitcoin REN
$ 0.064388

Timeline of Ren


REN Price Jumps 32% Following Binance Acquisition Rumors - BeInCrypto

Rumors that Binance was looking to acquire multichain protocol Ren caused the protocol's native REN token to soar 32% to $0.1061. The post REN Price Jumps 32% Following Binance Acquisition Rumors appeared first on BeInCrypto.


Ren Bridge announces open source community led Ren 2.0 in response to Alameda fallout - CryptoSlate

The Ren Bridge project announced in its ‘Ren Community' Medium blog on November 18 the ways in which it plans to move forward with Alameda Research. The post Ren Bridge announces open source community led Ren 2.0 in response to Alameda fallout appeared first on CryptoSlate.


FTX Crisis: Ren Left With $160K In Funding To Survive - Coingape

The crypto project Ren seems to be in a state of limbo for not having enough funds for its development following the FTX crisis. Alameda Research, FTX's trading arm, was funding Ren's development with $700,000 every quarter.


Alameda-owned RenVM confirms it's ‘impossible to launder any assets' through Ren Bridge, debunking claims of $540M in money laundered - CryptoSlate

Elliptical Connect, a blockchain data analytics firm, released a report Wednesday — widely covered in both the crypto and  news media — entitled “Cross-chain Crime: More Than Half a Billion Dollars has Been Laundered Through a Cross-chain Bridge.


REN's Weekly RSI Drops to Lowest Ever Level as Price Hits New Yearly Low - BeInCrypto

REN has shown several bullish signs on the daily time frame, and it is possible that the price will initiate a strong bounce as a result. The post REN's Weekly RSI Drops to Lowest Ever Level as Price Hits New Yearly Low appeared first on BeInCrypto.

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