The CEO of Bitgo stated that the Alameda representative failed the security verification process required to convert wrapped-BTC into BTC.
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The CEO of Bitgo stated that the Alameda representative failed the security verification process required to convert wrapped-BTC into BTC.
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REN stands out among a sea of red altcoins after the launch of Catalog and a pivot toward Polygon blockchain result in a 65% rally.
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Nonetheless, the long-term technical setup and strengthening protocol metrics indicate bullish continuation.
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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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REN, CELR and CVC ignore the market’s bearish reaction to China’s new crypto ban by posting double-digit gains.
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A cross-chain bridge to Arbitrum, protocol upgrades and a steady surge in network activity back REN’s 340% rebound off its July 20 swing low.
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Bitcoin’s surge above $48,000 catalyzed a strong move from REN, KEEP and FRONT.
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The new bridge will allow Ren’s ERC-20 representations of BTC, BCH, DOGE, FIL, LUNA, ZEC, and DGB can now be transferred onto the Polygon network.
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