Arrington Capital-backed RedStone launches Bitcoin staking oracles
Without Bitcoin staking oracles, BTC-based liquid staking tokens can be used only to provide liquidity on DEXs, according to RedStone co-founder Marcin Kaźmierczak.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Without Bitcoin staking oracles, BTC-based liquid staking tokens can be used only to provide liquidity on DEXs, according to RedStone co-founder Marcin Kaźmierczak.
Why this matters
This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
SoFi Launches 4.40% APY Tokenized Deposit With FDIC Cover and 24/7 Crypto Access
Key Takeaways: SoFi launched a variable 4.40% APY tokenized bank deposit service named SOFIE. Each SOFIE signifies $1 deposited wi...
Aave Says V3.8 Security Proposal Preserves Flash-Loan Liquidations
Aave Labs has clarified that its proposed V3.8 security upgrade would preserve flash-loan liquidations. The October 23 response ad...
Sygnum Launches Bitcoin Loans With Collateral Keys Shared Across Parties
TL;DR: Sygnum and Debifi have launched MultiSYG, a Bitcoin-backed lending service using segregated multisignature wallets. The arr...
Bitwise Dogecoin ETF Reaches Scheduled Liquidation As Holders Face Cash Redemption
TL;DR: Bitwise’s BWOW Dogecoin ETF reached its announced October 22 liquidation distribution date, with remaining shareholders due...
Securitize lists Apple, Nvidia, Tesla as tokens on Solana platform
Tokenizing major stocks on Solana may boost blockchain adoption in traditional finance, potentially enhancing Solana's market posi...
Bitcoin (BTC) Price Prediction: $74K Liquidity Gap Puts $80K Support to the Test
Meanwhile, data from Glassnode and Fasanara Digital show that traditional financial assets are capturing a growing share of deriva...