Ren Protocol

tlm 2020, Infrastructure, Proof of Reserve

Chainlink Brings Onchain Proof of Reserve to RenVM Automated Auditability of RenVM’s Cross-Chain Assets We’re excited to announce that Ren has collaborated with Chainlink on a new Proof of Reserve mechanism (live on testnet and soon mainnet) to improve the transparency and auditability of its cross-chain assets bridged into the DeFi ecosystem, starting with renBTC, renBCH, and renZEC. By leveraging …

BitGo

tlm 2020, DeFi, Proof of Reserve

Chainlink Brings Onchain Proof of Reserve to WBTC With close to $1 billion bridged to the Ethereum blockchain in the form of Wrapped Bitcoin (WBTC), it’s clear that the demand for cross-chain crypto assets within DeFi is very real. To scale WBTC’s reliability and support its growing demand, we are excited to be working with the Chainlink team to streamline the auditability …