Ren Open Protocol has announced the transformation of all cryptocurrency assets into FTX debtor accounts. Alameda Research acquired this blockchain

The News Crypto

FTX Funds Moved to Special Cold Wallet by Ren Protocol

Ren community members say they were prepared for this event, having warned users to withdraw and redeem their remaining assets.

Decrypt

Alameda-linked Ren Protocol Transfers $13M in Bitcoin to FTX Debtors

Ren Protocol was acquired by Alameda Research in February 2022 to expedite the decentralization of its tech.

CoinTelegraph

Ren Protocol transfers all assets to FTX debtors’ wallet in case of shutdown

FTX’s sister company Alameda Research had previously acquired Ren to provide long-term funding before shutting down.

CoinDesk

FTX Will Receive All of Ren Protocol's Pegged Assets, Including Bitcoin and Dogecoin

In November, following the protocol's loss of funding from Alameda, Ren accelerated its shift from Ren 1.0 to a more efficient, secure version.

Open-Source Protocol Ren Token Surges 18% Amid Rising Interest in Multichain Projects

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 consolidation, Republic Protocol [REN], gained massively. At press time, CoinMarketCap showed that REN’s price had increased 25.93% in the last 24 hours. 🦈📈 #Ren has decoupled from

AMB Crypto

REN decouples from market – did the sharks play a role?

REN Price Predictions 2023-2032 REN Price Prediction 2023 – up to $0.12 REN Price Prediction 2026 – up to $0.36 REN Price Prediction 2029 – up to $1.10 REN Price Prediction 2032 – up to $3.30 On 20 November 2022, Ren development gave instructions to users on how to move their assets from Alameda to … Ren Price Prediction 2023-2032: Is REN a Good Investment? Read More »

Cryptopolitan

Ren Price Prediction 2023-2032: Is REN a Good Investment?

New research indicates being listed on the top crypto exchange by trading volume Binance causes crypto assets to briefly rally by 41% on average. A new study from the crypto researcher Ren & Heinrich analyzed 26 tokens that were listed on Binance in the past 18 months. The study indicates that a 41% average price The post Binance Listings Cause Crypto Assets To Spike an Average of 41%: New Research appeared first on The Daily Hodl .

The Daily Hodl

Binance Listings Cause Crypto Assets To Spike an Average of 41%: New Research

A new study by Ren & Heinrich suggests that Binance's emergence as the dominant global crypto exchange might mean that its individual token listings are now getting a lot more attention – at least among speculators.

'Binance Effect' Means 41% Price Spike for Newly Listed Tokens

The FTX boss allegedly withdrew the funds via a non-KYC platform and Ren Protocol despite court restrictions.

Crypto Potato

Did SBF Just Cash Out $684K?

The blockchain analysis firm, Santiment, shared in a tweet today that there has been some “wild price” action for Ren (REN) in the final days of this year. The tweet added that this price action comes at a time when the rest of the crypto market is quiet. According to the post, Alameda Research had The post REN’s Price Action Goes Wild as 2022 Comes to an End: Santiment appeared first on Coin Edition .

Coin Edition

REN’s Price Action Goes Wild as 2022 Comes to an End: Santiment

Ren has put up a new proposal to mint 180 million tokens worth $10.8 million as a form of funding capital to cover current and future needs The post Ren Protocol to Mint 180M Tokens to Fund its Ecosytem Growth appeared first on Blockchain, Crypto and Stock News .

The Coin Rise

Ren Protocol to Mint 180M Tokens to Fund its Ecosytem Growth

An estimated 180 million Ren tokens will be created with a value of about $10.8 million.

TheBlock

Ren to mint 180 million tokens to fund transition to new version

Leading crypto insights firm Santiment says four altcoins are showing signs of an imminent bounce after getting “hammered” in the market. According to Santiment, metaverse altcoins Decentraland (MANA) and The Sandbox (SAND) along with Chiliz (CHZ) and Ren (REN), are in “opportunity zones” after the crypto market experienced big losses. Santiment says the market-value-to-realized-value (MVRV) The post Decentraland, The Sandbox and Two Ethereum-Based Altcoins in ‘Opportunity Zone’, According to Crypto Analytics Firm appeared first on The Daily Hodl .

Decentraland, The Sandbox and Two Ethereum-Based Altcoins in ‘Opportunity Zone’, According to Crypto Analytics Firm

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________... Read More: Today in Crypto: Israel to Seize All Crypto in 150 Wallets, Nigeria to Recognize Crypto Usage, OneCoin Co-founder Pleads Guilty

cryptonews

Today in Crypto: Israel to Seize All Crypto in 150 Wallets, Nigeria to Recognize Crypto Usage, OneCoin Co-founder Pleads Guilty

Sam Bankman-Fried’s Alameda Research was funding token wrapper Ren Protocol right up until FTX went bankrupt last month

Blockworks

Alameda-backed Ren Warns Crypto Could Be Lost as Platform Shuts Down

A 'decentralized' protocol plans to print its own token after selling out to the now bankrupt Alameda.

TrustNodes

Alameda Bankrupted Bitcoin Tokenizer to Print Ren For Bailout

Ren Protocol still holds $15 million of funds, even though the network is likely about to stop at any moment now.

Ren Protocol’s imminent shutdown likely, $15 million still at risk

The protocol disabled minting last month and the complete shutdown of Ren 1.0 will take place on 20th December. Continue reading renBTC to Shut Down Soon, Impacting Curve Pools – Another Victim of Alameda’s Fall at DailyCoin.com.

Daily Coin

renBTC to Shut Down Soon, Impacting Curve Pools – Another Victim of Alameda’s Fall

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 minted tokens, the Ren Foundation can then duly take advantage of the situation and arrive at a position wherein it can …

CryptoNewsZ

Ren DAO to plan on minting new funding tokens

The Ren DAO is voting to create a foundation that will sell newly minted coins to raise money for the DeFi project after Alameda's collapse.

Ren DAO to vote on plan to mint new funding tokens after Alameda collapse

The CEO of Bitgo stated that the Alameda representative failed the security verification process required to convert Wrapped BTC into BTC.

Alameda tried to redeem 3,000 wBTC days before bankruptcy: BitGo CEO

MakerDAO announced a new proposal that would remove REN BTC vaults Their revenue through real-world assets increased, however, TVL declined In a tweet dated 10 December, MakerDAO revealed that they would be off-boarding various vault types with risk exposure. One of them would be REN-BTC vaults if the new proposal is passed. This is an

MakerDAO’s latest developments could have this effect on MKR and its holders

On Thursday, the Ren Protocol team advised users of the Alameda-backed cryptocurrency that they may lose their funds if they

Ren Protocol Urges Users To Burn Tokens Prior To Ren 2.0 Upgrade

AI platform Fetch.ai’s native token FET surged 80% in the past five days, according to data from CoinDesk Market Index.

AI-Related Tokens Surge as Maple, Ren Fall: CoinDesk Market Index Week in Review

Users of the blockchain bridge are encouraged to quickly redeem their tokens before they potentially lose all value.

Ren Protocol Users Face Potential Losses During Post-Alameda Wind Down

The team stated on Twitter that deposits would be disabled “shortly” and withdrawals within 30 days.

Ren protocol warns users to unwrap tokens or risk losses as upgrade looms

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 acquired Ren and was funding development every quarter. On Dec. 7, 2022, Ren developers warned Ren 1.0 and 2.0 compatibility “cannot be guaranteed” and

Bitcoin.com

Alameda-Funded Ren Tells Users to ‘Bridge Back to Native Chains’ as It Sunsets 1.0 Platform

Ren Protocol warned its users of potential risk of losses after it shuts down its existing product.

Alameda-backed Ren warns users of losses as it plans to wind down version 1.0

REN token has surged to great heights after a rumor surfaced in the market that the project will be bought by Binance. The post REN Token Skyrockets Following Binance Acquisition Rumors appeared first on Blockchain, Crypto and Stock News .

REN Token Skyrockets Following Binance Acquisition Rumors

REN, core native cryptocurrency of veteran DeFi Ren Protocol, outperforms all mid-caps, here's how

U.Today

Ren Protocol (REN) Spikes 40% in Three Hours, Here's Why

Project said it wants to move on from its now-bankrupt owner Alameda Research and is already talking to potential investors. Continue reading Alameda-Owned Ren to Look for New Funding and Go Open Source at DailyCoin.com.

Alameda-Owned Ren to Look for New Funding and Go Open Source

Funds said to be stolen from the now-bankrupt crypto exchange FTX are on the move and likely headed for exchanges as hackers attempt to cash out the proceeds. According to an update from the blockchain intelligence company Chainalysis, the funds have already been converted from Ethereum (ETH) to Bitcoin (BTC) through RenBridge (REN), a protocol that allows for decentralized cross-chain transfers between a number of different blockchains.... Read More: Blockchain Analysts: FTX Hacker Funds Are on The Move, Here’s Where They’re Headed

Blockchain Analysts: FTX Hacker Funds Are on The Move, Here’s Where They’re Headed

Ren Protocol (REN), one of oldest decentralized protocols, shares sad announcement for its community

Ren Protocol (REN) 'Only Has Funding' for Five Weeks Left, Here's Why

The ethereum wallet known as the “FTX Accounts Drainer” has started to offload the ethereum it collected this past week after becoming the 27th largest ether address. On Nov. 19, 2022, the wallet held 250,735 ether, but by 7:44 a.m. (ET) on Nov. 20, the “FTX Accounts Drainer” transferred roughly 50,000 ether out of the

‘FTX Accounts Drainer’ Offloads 50,000 ETH, Entity Uses Ren’s Bitcoin Gateway to Acquire BTC

In addition, the exploiter transferred thousands of ether to a brand-new wallet.

FTX Exploiter Converts Millions in Ether to Alameda-Linked Ren Bitcoin Tokens

The so-called 'FTX Accounts Drainer' is swapping its ether stack for bitcoin — and putting downward pressure on the price of ether in the process.

Ether under pressure as ‘FTX Accounts Drainer’ cashes out for bitcoin

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’s Acquisition Proves Costly In order to ensure funds for long-term development, Alameda Research acquired Ren at the The post FTX Crisis: Ren Left With $160K In Funding To Survive appeared first on CoinGape .

CoinGape

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

Crypto token wrapper Ren only has funding up to the end of December following the collapse of Alameda Research.

Funding for DeFi protocol Ren in limbo after Alameda collapse

Curve, Uniswap, 1inch, and the Ren bridge were the top platforms of choice for laundering illicit crypto, according to Elliptic.

‘New frontier’ of crypto laundering involves cross-chain bridges and DEXs: Elliptic

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 REN breaks out on the daily timeframe after forming an descending triangle. Ren Protocol (REN) has recently shown great recovery after some setbacks as the price has remained downtrend against tether (USDT). Previous weeks in the crypto space have been slow, with most altcoins and major cryptocurrencies such as Bitcoin (BTC) moving in a range. The month appears promising, with altcoins such as Ren Protocol (REN) bouncing off their lows with hopes of a rally with the current trend shift. (Data from Binance) Related Reading: Bitcoin Price Starts Uptober With Record Open Interest Increase, BTC Rally Will Be Short lived? Ren Protocol (REN) Price Analysis On The Weekly Chart The new month has been a relief for most crypto projects, with altcoins such as REN showing bullish strength and BTC leading the market rally from a low of $18,800 to $20,100. With the market looking more promising for crypto assets, we may see more cryptocurrency recovery, as the previous month prevented major altcoins from rallying. In recent weeks, the price of REN has not shown the same strength as seen in other altcoins such as Cosmos, as it has continued to fall to its weekly low of $0.1. Following a rally from a low of $0.1 to a high of $0.11, the price of REN ...

NewsBTC

Ren Protocol Breaks Out, Is This Be A Relief Bounce?

Hackers who drained around $625 million from the Ronin Bridge attack in March have transferred funds from Ethereum to the Bitcoin network using privacy tools. In order to hide their identity, cybercriminals, who are believed to be part of the North Korean cybercrime group, Lazarus, used the Ren protocol, mixers, and several centralized exchanges to ...

Bitcoinist

Ronin Hackers Transferred Stolen Funds To Bitcoin Network Using Privacy Tools

The hackers used Ren Protocol and several centralized crypto exchanges to move the funds to the bitcoin blockchain.

Ronin Hackers Have Moved The Stolen $625M to Bitcoin Network: Report

Plasma.Finance recently announced a partnership with Ren Protocol v3. The collaboration will see the projects offering DeFi cross-chain bridging support for EVM and non-EVM chains. It includes Bitcoin, Dogecoin, Bitcoin Cash, stablecoins, and many more. Plasma.Finance aims to expand its all-in-one DeFi solution, which is why its recent update included DeFi bridging support. The update …

Plasma.Finance & Ren Protocol V3 Partner for DeFi Cross-Chain Bridging

The Sirens NFTs is a female-led project by the famous influencer Alexis Ren that highlights an important fact: &apos;On average, about 5% of NFT sales make up women.&apos; And they want to change that. Disclaimer: The following op-ed represents the views of the author, and may not necessarily reflect the views of Bitcoinist. Bitcoinist is an advocate ...

These NFTs Have Ecological Use Cases, But What About Taste?

There is no limit to the order flow and liquidity that Raydium LPs may access. Ren is meant to help

Top 3 Solana Ecosystem Coins by Social Activity as per CryptoDep

Coinspeaker MyEtherWallet to Boost Interoperability with Aave and Ren&apos;s IntegrationMyEtherWallet is helping to bring more value and interoperability in the decentralized finance ecosystem through strategic integration with Aave and Ren.MyEtherWallet to Boost Interoperability with Aave and Ren&apos;s Integration

CoinSpeaker

MyEtherWallet to Boost Interoperability with Aave and Ren’s Integration

Coinspeaker Coinbase Weighs Option to Provide Support for More Digital AssetsCoinbase may soon add support for a number of digital assets, including Aave, Synthetix, VeChain, SKALE Network, KEEP Network, NuCypher, DigiByte, Aragon, Bancor.Coinbase Weighs Option to Provide Support for More Digital Assets

Coinbase Weighs Option to Provide Support for More Digital Assets

The founder and CEO of Chinese telecommunications giant Huawei, Ren Zhengfei, has dismissed concerns that Facebook&apos;s planned cryptocurrency Libra could dominate the world at the expense of China and its tech firms, Sina reports. Noting that countries have more power compared to internet firms, Zhengfei stated that China could issue its own digital currency that ...The post China Can Crush Facebook&apos;s Libra With Its Digital Currency: Huawei CEO appeared first on CCN Markets

China Can Crush Facebook’s Libra With Its Digital Currency: Huawei CEO

The strong rise of bitcoin from $3,693.85 at the start of 2019 to highs of $13,880 last month has left many altcoins in ruins. Many people have dumped their crypto tokens in favor of the surging bitcoin. While other crypto tokens suffered brutal devaluations against bitcoin, there&apos;s one that has managed to go against the ...The post This Crypto Is Up Over 140% Against Bitcoin &amp; Could Be Just Warming Up appeared first on CCN Markets

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