Tag Archives: REN

Ren and UMA launch a Bitcoin-backed yield greenback

Trustless cross-chain bridge Ren and permissionless artificial asset platform UMA have teamed as much as launch a Bitcoin-backed yield greenback referred to as uUSD, along with a joint liquidity mining reward program. The partnership will lead to a product that enables traders to leverage Bitcoin permissionlessly on the Ethereum community. The uUSD is UMA’s second… Read More »

A Large Honeypot: Ren Holds $100M in Bitcoin in Centralized Pockets

RenVM, the burgeoning cross-chain worth switch protocol, is outwardly quite a bit much less decentralized than its customers thought. Safety analysts and renBTC customers began asking questions yesterday in response to an August 26 Medium post by Wanchain editor Ni Li outlining alleged contradictions between the RenVM documentation and the precise operations of the protocol.… Read More »

Inter-Blockchain Liquidity: Minting Artificial Bitcoin Money With the Ren Protocol

The decentralized finance (defi) ecosystem has matured fairly a bit in 2020 and one venture that’s seen some development is the Ren Protocol. The applying that permits folks to entry inter-blockchain liquidity for a variety of defi purposes. The next submit is a step-by-step information on the right way to leverage the Ren Protocol with… Read More »

REN Value Surges With 10,000 Bitcoin Tokenized on RenBTC

Wrapped Bitcoin competitor, renBTC, has made huge beneficial properties over the previous week because the venture’s token’s value, and the overall quantity of Bitcoin tokenized utilizing the protocol surges. Ren is in second place behind Wrapped Bitcoin, or wBTC, which is at present the most well-liked technique of tokenizing Bitcoin to be used with DeFi… Read More »