Addresses who held thousands to millions of REN were instrumental in the token price rise. While network growth fell, investor sentiment remained high. As many cryptocurrencies lingered in consolidati...
Tag: Ren
FTX-backed Projects Plunge as ‘Sam Coins’ Underperform
The collateral damage caused by Sam Bankman-Fried’s downfall continued Wednesday as tokens the disgraced FTX founder has backed slid further. Here’s what’s going on with four major Bankman-Fried...
Orbeon Protocol (ORBN) Aims 6000% ROI While Ren (REN) and STEPN (GMT) Remain Level
The allure of impressive Return on Investment is one of the major reasons why cryptocurrency enthusiasts invest in several digital currencies. Unfortunately, while some crypto projects such as Orbeon ...
Ren separates from Alameda, token activity increases
Project Ren (REN) was acquired by Alameda Research LLC — a sister company of the bankrupt crypto exchange — in early 2021, but due to the Chapter 11 filing, Ren’s development team has decided to “move...
Ren protocol to mint 180m tokens to fund a network upgrade
Ren DAO has voted in favor of a proposal that sought to allow the minting of 180 million tokens. The tokens will fund the network’s upgrade to a new version. Ren community has voted for minting 180M t...
Ren to mint 180 million tokens to fund transition to new version
The governance members of Ren, a project that oversees a tokenized bitcoin called renBTC, voted to mint 180 million REN tokens ($10.8 million). They will be used as fresh capital to fund a new Ren 2.0...
Ren Protocol Plans to Launch New Network With Millions at Risk
Ren Protocol, which had backing from Alameda Research to shut down, and the millions in Total Value locked are at risk of being lost forever. Yet again, millions of dollars are at risk due to the dire...
Alameda Bankrupted Bitcoin Tokenizer to Print Ren For Bailout – Trustnodes
renBTC, a project that tokenized bitcoin on ethereum in a somewhat decentralized protocol manner, is suddenly in financial difficulties following the bankruptcy of Alameda. That’s because this ‘decent...
Ren Protocol’s imminent shutdown likely, $15 million still at risk
Ren Protocol may shut down at any moment, taking $15 million of funds remaining on the network with it — hence the project’s warnings on Twitter. What’s unique here is that the project’s team do...
True Value Tokens, Under $100m Cap: Oryen Network (ORY), Ren (REN), And Nervos Network (CKB)
The bear market has caused many coins to become unstable. In contrast, investors flock to the currencies that offer the highest returns. Tokens like Oryen, Ren, and Nervos networks, which value their ...
Ren DAO to plan on minting new funding tokens
Ren DAO, at present, is deliberating on whether to go in for the minting of fresh funding tokens following the collapse of Alameda. According to their belief and understanding, with the aid of these m...
Ren DAO to vote on plan to mint new funding tokens after Alameda collapse
The Ren community, which oversees a DeFi protocol that issues wrapped crypto assets, is considering the minting of new tokens to raise capital after the collapse of Alameda Research left the project w...
Ren Protocol Urges Users To Burn Tokens Prior To Ren 2.0 Upgrade
13 seconds ago | 2 mins read Blockchain News The Ren 2.0 update to the current product (Ren 1.0) could not be backwards compatible. Ren 2.0 upgrade is to make Ren an open-source and community-controll...
Ren protocol warns users to unwrap tokens or risk losses as upgrade looms
The developers of bridging platform Ren have warned users to unwrap their tokens and bridge them back to their native chains “ASAP,” or risk losing them. 1) Important notice ⚠️ As announced previously...
Ren Warns Of Potential Losses As Upgrade Looms On The…
Alameda Research-backed Ren Protocol has warned users of a potential risk of losses as it winds down its current Ren Version 1.0. The Ren team stated that once version 1.0 is retired, users may not b...
Alameda-backed Ren protocol shuts down, alerts users to unwrap tokens
The Alameda-backed protocol, Ren, warned users that its version 1.0 is winding down, and there is a potential risk of losing assets. The Alameda-backed protocol, Ren, announced in a Twitter thread tha...
Ren Protocol Users Face Potential Losses During Post-Alameda Wind Down
Users of the Alameda-backed Ren Protocol risk losing their money if they don’t take immediate action, warned the project team over Twitter on Thursday. The cross-chain bridge said the upcoming upgrade...
Alameda-Funded Ren Tells Users to ‘Bridge Back to Native Chains’ as It Sunsets 1.0 Platform – Bitcoin News
According to the team behind the open protocol Ren, developers are winding down the Ren 1.0 network following the FTX and Alameda Research collapse. Last year, under previous Ren leadership, Alameda a...
Alameda-backed Ren warns users of losses as it plans to wind down version 1.0
Ren Protocol, an Alameda-funded issuer of a wrapped bitcoin asset called renBTC warned its users of the potential risk of losses after it shuts down its existing product. The Ren team said that...
Ren Protocol (REN) Spikes 40% in Three Hours, Here’s Why
Vladislav Sopov REN, core native cryptocurrency of veteran DeFi Ren Protocol, outperforms all mid-caps, here’s how Contents REN rocketing on Binance acquisition rumors Ren Protocol (REN) almost ...
REN Price Jumps 32% Following Binance Acquisition Rumors
Rumors that Binance was looking to acquire multichain protocol Ren caused the protocol’s native REN token to soar 32% to $0.1061 at press time. REN/USD | Source: TradingView Ren had received quarterly...
FTX Hacker Turns Millions in Ether to Ren Bitcoin Tokens
Join Our Telegram channel to stay up to date on breaking news coverage The hacker behind the exploit on the FTX exchange has been exchanging millions of dollars worth of ETH to Ren Bitcoin (renBTC). r...
Ren Protocol (REN) ‘Only Has Funding’ for Five Weeks Left, Here’s Why
Vladislav Sopov Ren Protocol (REN), one of oldest decentralized protocols, shares sad announcement for its community Contents Ren Protocol (REN) almost out of money What’s next for Ren 2.0? Laun...
Ren Bridge announces open source community led Ren 2.0 in response to Alameda fallout
The Ren Bridge project announced in its ‘Ren Community’ Medium blog on Nov. 18 the ways in which it plans to move forward with Alameda Research. Following the acquisition by Alameda early last year as...
Ren Left With $160K In Funding To Survive
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...
Funding for DeFi protocol Ren in limbo after Alameda collapse
Ren is in danger of not having enough funds for its development following the collapse of Alameda Research. Ren is an Ethereum-based DeFi protocol that uses the token wrapping process to issue t...
REN Attempts to Swing Above $0.05
Join Our Telegram channel to stay up to date on breaking news coverage Ren (REN) Price Prediction – November 13 In the wake of completing a downward-trending motion that prevails in the REN/USD trade ...
Ren Prediction for Today, November 14: REN/USD Retraces $0.093
Join Our Telegram channel to stay up to date on breaking news coverage The bearish price reversal started when Ren bulls market hits $0.14 resistance. And the trend was with very strong moves. However...
REN Is Trying to Break Out of Indecision
Join Our Telegram channel to stay up to date on breaking news coverage The Ren market price went flat from the 11th to the 15th of October. During those times of market indecision, the price experienc...
Ren Price Prediction for 7th of October: Bears Fail To Hinder The Bullish Progress
Join Our Telegram channel to stay up to date on breaking news coverage The overall market performance of REN/USD from August to the 22nd of September forms a descending triangle candlestick trend patt...
Ren Protocol Breaks Out, Is This Be A Relief Bounce?
REN price could be ready to break out from the downtrend as price gears up for a short-term recovery creating more bullish sentiment. REN looks strong on both low and high timeframes. The price of RE...
Ren Price Analysis for 12th of September: REN/USD Regains Strength To Continue Above The Moving Average
Join Our Telegram channel to stay up to date on breaking news coverage On the 9th of September, the REN/USD market broke above the 9-day moving average. This bullish daily market session confirms the...