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

'FTX Accounts Drainer' Offloads 50,000 ETH, Entity Uses Ren’s Bitcoin Gateway to Acquire BTCThe 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 […]

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Ren Price Up 34% After VarenX Launch

Ren Price is up over 34% today, making it the biggest gainer on Crypto.com. With a 24-hour trading volume of $299 million and a market cap of $652 million, REN has got the market’s attention. Let’s look at Ren and see why the price is rising. What Is Ren? Ren features the RenVM, an open protocol providing access to inter-blockchain liquidity for all dApps. In other words, Ren allows developers to bring BTC, BCH, ZEC, and more to their Ethereum apps. One of Ren’s features is the RenBridge, making it easy to transfer assets between blockchains. Currently, RenBridge supports eight

The post Ren Price Up 34% After VarenX Launch appeared first on The Merkle News.

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