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...
Tag: ren protocol
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...