Cryptocurrencies: 24151
Markets: 92278
Market Cap: $3,597,361,398,400     
24h Vol: $316,655,814,603
CoinGape 2022-11-19 14:54:21

FTX Crisis: Ren Left With $160K In Funding To Survive

The crypto project Ren seems to be in a state of limbo for not having enough funds for its development following the FTX crisis. Alameda Research, FTX’s trading arm, was funding Ren’s development with $700,000 every quarter. Alameda’s Acquisition Proves Costly In order to ensure funds for long-term development, Alameda Research acquired Ren at the The post FTX Crisis: Ren Left With $160K In Funding To Survive appeared first on CoinGape .
esptco-banner img

Videos
  • Top 5 Crypto Exchanges 2022: Best Crypto Exchanges to Work With!

  • Hardware vs Software Wallets: Which One is Better for You?

  • Ethereum Explained: What is Ethereum & How Does it Work? Simply Explained!

  • What is Cryptocurrency? | Everything About Cryptocurrencies!

Our Partners