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 .