🚀 RedStone Integrates Price Feed Solutions Into TON Blockchain
#RedStone #TON #blockchain #oracle #pricefeed #DeFi #GameFi #socialecosystem #liquidstaking #restaking #Web3 #investment
According to Cointelegraph, RedStone, a blockchain oracle provider, has announced the integration of its price feed solutions into The Open Network (TON) blockchain. This integration will allow developers and projects on TON to access real-time and accurate asset prices, which is crucial for executing complex financial protocols.
In a Q&A with Cointelegraph, Marcin Kazmierczak, the chief operating officer at RedStone, highlighted that this would be the first oracle integration on TON. He noted that the integration presents unique technical challenges compared to Ethereum-based systems due to the design of the TON blockchain. Kazmierczak explained that as the first oracle on TON, there were no examples to follow, making the process truly innovative. The technical integration with TON is more challenging than with EVM due to its dedicated sharding mechanism. Unlike other blockchains, TON relies on a technically complex message transmission system rather than smart contracts, requiring particular attention to security measures.
Kazmierczak also discussed the broader implications of the oracle integration for TON’s ecosystem, emphasizing the potential for further expansion of decentralized finance (DeFi) on the network. He stated that incorporating Oracle price feeds and real-time data on TON would support its rich GameFi and social ecosystem. The opportunity to mix these areas with DeFi applications could have a multiplying effect. Looking ahead, Kazmierczak mentioned that RedStone is considering additional sectors, including the liquid staking and restaking oracle sector.
On July 3, RedStone completed a $15 million Series A funding round to expand its Oracle products, exemplified by becoming the first oracle integrated with the TON blockchain. The funding round was led by Arrington Capital, with participation from other investment firms such as Spartan, SevenX, and IOSG Ventures. Michael Arrington, the founder of Arrington Capital, explained that the firm’s decision to invest in RedStone was based on the oracle provider’s ability to advance Web3 infrastructure.#RedStone #TON #blockchain #oracle #pricefeed #DeFi #GameFi #socialecosystem #liquidstaking #restaking #Web3 #investment
🚀 Ethereum Re-Staking Protocol Renzo Launches redETH on Sei
#Ethereum #ReStaking #Renzo #redETH #SeiNetwork #Hyperlane #Redstone #YieldIntegrations #ETH
According to Foresight News, Ethereum re-staking protocol Renzo has officially launched redETH on the Sei network. This new product is supported by Hyperlane and Redstone, offering users the opportunity to access re-staking yield integrations within the ecosystem.#Ethereum #ReStaking #Renzo #redETH #SeiNetwork #Hyperlane #Redstone #YieldIntegrations #ETH
🚀 🔥 Binance Launchpool and Pre-Market Trading to Launch RedStone (RED) 🔥
#Binance #Launchpool #RedStone #RED #Airdrop #BNB #FDUSD #USDC #PreMarket #Trading #Crypto
Binance is excited to announce the 64th project on Binance Launchpool RedStone (RED). The webpage is estimated to be available in 12 hours, before the Launchpool starts.Users will be able to lock their BNB, FDUSD and USDC to receive RED airdrops over two days, with farming starting from 2025-02-26 00:00 (UTC). Binance Pre-Market will then list RED at 2025-02-28 10:00 (UTC) and open pre-market trading for the RED/USDT trading pair. Pre-Market end time and spot listing time will be announced at a later date. Participation in Binance Pre-Market is subject to eligibility based on the user's country or region of residence.#Binance #Launchpool #RedStone #RED #Airdrop #BNB #FDUSD #USDC #PreMarket #Trading #Crypto
🚀 🔥 Binance to List RedStone (RED) Following Pre-Market Conclusion 🔥
#Binance #RedStone #RED #CryptoListing #TradingPairs #Ethereum #SpotTrading #MarketIntegration #PreMarket #Deposits #Withdrawals
Binance has announced the conclusion of RedStone (RED) Pre-Market trading and its official spot listing, set for March 6, 2025. The exchange will open trading for RED against multiple pairs, marking the token’s next market integration phase.Key Details of RedStone (RED) ListingPre-Market Closure: March 6, 2025, at 09:00 (UTC).Spot Trading Launch: March 6, 2025, at 13:00 (UTC).Trading Pairs Available: RED/BTC, RED/USDT, RED/USDC, RED/FDUSD, and RED/TRY.Deposits Open: March 6, 2025, at 10:00 (UTC).Withdrawals Open: March 7, 2025, at 13:00 (UTC).Transfer Function Resumption: Before March 6, 2025, at 10:00 (UTC).Listing Fee: 0 BNB.Smart Contract Address: Ethereum Network (0xc43C6bfeDA065fE2c4c11765Bf838789bd0BB5dE).#Binance #RedStone #RED #CryptoListing #TradingPairs #Ethereum #SpotTrading #MarketIntegration #PreMarket #Deposits #Withdrawals
🚀 🔥 Binance to Continue Listing RedStone (RED) Amid Airdrop Allocation Adjustments 🔥
#Binance #RedStone #RED #Airdrop #Cryptocurrency #Blockchain #Trading #Community #Ecosystem
Binance has confirmed that it will proceed with listing RedStone (RED) despite a temporary suspension caused by last-minute changes to the project's community airdrop distribution plan. The trading start time, initially scheduled for March 6, 2025, at 13:00 UTC, has now been adjusted to 16:00 UTC.RedStone (RED) Airdrop Allocation UpdateThe delay was prompted by unexpected modifications made by RedStone (RED) regarding the allocation of its community airdrop. Key updates to the airdrop distribution include:Initial Airdrop Commitment: RedStone (RED) initially committed 9.5% of its total supply to the community. Of this, 5% has already been distributed, while the remaining 4.5% will be allocated to partners’ users after six months. (For details on partner distribution, refer to RedStone’s official statement.)Additional Allocation: RedStone (RED) will allocate an extra 2% of the total supply from the "Ecosystem & Data Providers" pool to compensate community members who were missed in the initial airdrop distribution.#Binance #RedStone #RED #Airdrop #Cryptocurrency #Blockchain #Trading #Community #Ecosystem
🚀 RedStone Acquires Security Token Market and Conference Business
#RedStone #SecurityTokenMarket #oracleSolutions #tokenization #realWorldAssets #stocks #realEstate #bonds #funds #STMConference #acquisition #RED
RedStone, a provider of oracle solutions, has acquired the Security Token Market platform along with its conference business. According to NS3.AI, this acquisition allows RedStone to access data from more than 800 tokenized real-world asset products, which include stocks, real estate, bonds, and funds. Additionally, the deal includes the rights to the STM tokenization conference brand.#RedStone #SecurityTokenMarket #oracleSolutions #tokenization #realWorldAssets #stocks #realEstate #bonds #funds #STMConference #acquisition #RED
🚀 RedStone Deploys Price Oracle on Stellar Network to Enhance Security
#RedStone #PriceOracle #StellarNetwork #Security #DecentralizedApplications #Blockchain #NS3AI #DataReliability
RedStone has launched a price oracle on the Stellar network in response to a recent $10 million oracle exploit. According to NS3.AI, this deployment is intended to bolster security and data reliability within the Stellar ecosystem. The initiative offers developers a reliable source of pricing information, supporting the development of decentralized applications on Stellar.#RedStone #PriceOracle #StellarNetwork #Security #DecentralizedApplications #Blockchain #NS3AI #DataReliability
🚀 Tempo Integrates RedStone for Enhanced Forex and Stablecoin Data
#Tempo #RedStone #Forex #Stablecoin #DataFeed #DEX #pathUSD #CryptoIntegration #FinancialTechnology #DecentralizedExchange
Tempo has integrated RedStone as its main data feed provider, offering sub-second updates for foreign exchange and stablecoin prices. According to NS3.AI, this integration aims to facilitate pricing and settlement of transactions in local currencies. The update includes the first native feed for pathUSD and infrastructure for direct non-USD settlements. Tempo anticipates that this will support its native Forex decentralized exchange (DEX) from its launch.#Tempo #RedStone #Forex #Stablecoin #DataFeed #DEX #pathUSD #CryptoIntegration #FinancialTechnology #DecentralizedExchange
🚀 Significant Token Unlocks Scheduled for Aptos, Babylon, and Linea
#Aptos #Babylon #Linea #RedStone #TokenUnlock #Cryptocurrency #CryptoNews #Blockchain #CryptoUpdate
This week, several cryptocurrencies are set for substantial token unlocks, releasing a total value exceeding $10 million. According to Foresight News, data from Token Unlocks indicates that Aptos (APT), Babylon (BABY), and Linea (LINEA) are among the tokens involved.
Aptos will unlock 11.31 million tokens on April 12, valued at approximately $9.65 million, representing 0.68% of its circulating supply. Babylon is scheduled to unlock 612 million tokens on April 10, with a value of around $7.56 million, accounting for 37.77% of its circulating supply. Linea will also unlock 1.38 billion tokens on April 10, valued at about $4.68 million, making up 5.32% of its circulating supply.
Additionally, RedStone (RED) will unlock 40.85 million tokens on April 6, valued at approximately $4.25 million, which constitutes 13.89% of its circulating supply.#Aptos #Babylon #Linea #RedStone #TokenUnlock #Cryptocurrency #CryptoNews #Blockchain #CryptoUpdate