MarkDAO, the DAI stablecoin issuer, passed a governance proposal to remove renBTC from being used as collateral and reduce exposure to what it described as a risky asset. The contagion effect of the F...
Tag: renBTC
MakerDAO Removes Alameda-linked renBTC As Reserve Collateral
MakerDAO has announced that it has passed a governance vote which will remove Alameda Research-linked renBTC from its stablecoin collateral vaults. The move comes after the team at Ren stated that th...
MakerDAO Disposes of renBTC as Stablecoin Collateral
MakerDAO – the issuer of the decentralized stablecoin DAI – unanimously passed a proposal this week to remove renBTC as a form of reserve collateral. The Bitcoin-pegged token was deemed too risky to ...
MakerDAO votes 100% to remove Alameda’s renBTC from Dai reserve
MakerDAO governance community has agreed to remove renBTC, the Bitcoin token issued by Alameda Research’s Ren Protocol, as a collateral asset for the decentralized stablecoin, Dai. Maker to offload re...
MakerDAO passes vote to close Alameda-linked renBTC as stablecoin collateral
Dai stablecoin issuer MakerDAO passed a governance proposal to remove renBTC from being used as collateral and reduce exposure to what’s deemed a risky asset by the DAO. RenBTC is a wrapped bitcoin as...
FTX hacker swaps millions in ETH for RenBTC Tokens
FTX makes headlines once again. Early on November 20th, whoever was responsible for the $600 million crypto exchange FTX hack began trading millions of dollars worth of ether for Ren Bitcoin (renBTC)....