Bitcoin (BTC) $76,676.64 -0.54%
Ethereum (ETH) $2,124.82 0.26%
Tether (USDT) $1.00 -0.01%
Solana (SOL) 84.935901 -0.10%
Dogecoin (DOGE) $0.10 -2.33%
Cardano (ADA) $0.25 0.26%
Chainlink (LINK) $9.62 1.19%
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Cryptocurrencies: 28960

Markets: 114116

Market Cap: $2,557,594,794,866

24h Vol: $95,209,059,350

CoinGape

2022-11-19 14:54:21

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

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 .

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