Tag Archives: Ren Protocol

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 (Ren 2.0) to its existing product (Ren 1.0) may not be compatible with the prior version.  Disconnecting From Alameda Ren encouraged users to quickly burn tokens issued by their bridge service in return for their underlying assets or to “risk losing them,” as a result of the...

Altseason is booming. Data from the popular monitoring resource Coin Market Cap shows that the total capitalization of all alternative cryptocurrencies currently stands just shy of $600 billion. This has reduced Bitcoin’s market dominance to 60%.With this said, we’ve selected five altcoins to keep a close look at in the following week.Yearn Finance (YFI)YFI needs no introduction. It’s the governance token for the Yearn Finance ecosystem, and it’s one that definitely made history....

Bitcoin Bitcoin saw a 4.3% price surge over the past seven days. The cryptocurrency was trading slightly above $11,000 last Friday as it started to push higher. Throughout the week, it managed to spike as high as $11,730 (1.414 Fib extension) but was never able to close a daily candle above resistance at $11,537 (provided by a 1.272 Fib Extension). Today, with the announcement that OKEx had halted their withdrawals, BTC took a tumble. It spiked into the support at $11,200 –...