renBTC News

The Alameda-backed protocol, Ren, warned users that its version 1.0 is winding down, and there is a potential risk of losing assets. The Alameda-backed protocol, Ren, announced in a Twitter thread that their version 1.0 is winding down, and there…

MarkDAO the Dai stablecoin issuer passed a 100% governance vote to remove the Alameda backed renBTC collateral.

MakerDAO offboards the renBTC vault from its platform as a risk management procedure. It urges the vault users to close their positions before Dec 7 to avoid liquidation.

A hacker took advantage of FTX’s financial woes and looted roughly $600M worth of cryptocurrencies on Friday. Since then, the looter has been trying effortlessly to move the funds to an untraceable chain, but blockchain’s transparency has already caught up.…

Badger DAO, an Ethereum-based decentralized finance (DeFi) protocol on absorbing Bitcoin liquidity, recently announced its partnership with Yearn.finance. Work in Progress Launched in December, BadgerDAO is a project that promotes bitcoin adoption (i.e., tokenized bitcoin iterations such as WBTC and…

Decentralized Finance (DeFi) projects Ren Protocol, Synthetix, and Curve, are launching Bitcoin liquidity incentives to rival Ethereum-centric DeFi frameworks, reported Decrypt on June 25. Yield Farming Frenzy Yield farming has been the flavor of cryptocurrency since May 2020, ever since…