ChainCatcher news, according to official sources, the oracle service provider RedStone Oracles has partnered with World Chain to provide oracle services.RedStone stated that its oracle has now begun to provide the highest quality data support in the market for DeFi applications on World Chain. World Chain is an L2 solution built on the OP Stack, designed to prioritize human user needs and scalable to billions of users.

ChainCatcher message, Bitget announced that it will launch RedStone (RED) on the pre-market trading platform today at 18:00 (UTC+8).

ChainCatcher news, RootData has released a price comparison overview for RedStone (RED) on the X platform, showing that the pre-market price of RED on Whales Market is $1.49.It is reported that the pre-trading start time for RED on Binance is February 28 at 6 PM (UTC+8), with a total supply of 1,000,000,000 RED; the initial circulating supply is 280,000,000 RED (28.00%); and the Launchpool supply is 40,000,000 RED (4%).According to the Web3 asset data platform RootData, RedStone is a cross-chain data oracle technology that provides fast and cost-effective data access, complete historical audit trails, and an insurance-backed decentralized dispute mechanism, offering users recourse in case of inaccurate data provision. The Arweave blockchain project is used to store data and track reputation.

ChainCatcher news, according to official information, MEXC will soon list RedStone (RED) in the innovation zone after meeting liquidity requirements, and open the RED/USDT trading market. After the spot trading goes live, the REDUSDT U-margined contract will be launched 10 minutes later, supporting 1-50x leverage, with both full and isolated margin modes.In addition, RedStone (RED) will also be available on MEXC's instant exchange, allowing seamless and instant exchanges with other assets, enjoying a trading experience with zero fees and no slippage. The withdrawal and instant exchange opening time is to be confirmed.To celebrate the launch of RedStone (RED), MEXC has launched the Airdrop+ event, with a total prize pool of 300,000 USDT. Event duration: February 26, 2025, 12:00 -- March 19, 2025, 18:00 (UTC+8).

ChainCatcher message, Binance Launchpool has launched the 64th project RedStone (RED), which is a multi-chain oracle across EVM and non-EVM chains.Users can deposit BNB, FDUSD, and USDC into the RED reward pool to earn RED after 08:00 (UTC+8) on February 26, 2025, with the event lasting a total of 2 days.RedStone (RED) spot trading will open at 18:00 (UTC+8) on February 28, 2025.

ChainCatcher news, DeFi oracle RedStone Oracles has released the RED token economics. The total supply of RED is 1 billion, of which 48.3% will be allocated to the ecosystem and community (10% will be used for protocol development, 28.3% will be used for ecosystem and data providers, 10% will be used for community and genesis distribution), 20% will be allocated to core builders, and 31.7% will be allocated to early supporters.

ChainCatcher news, RedStone officially announced on social media that its oracle service has been launched on the Berachain mainnet.This oracle has been validated on over 70 blockchain networks, supporting price data for more than 1250 types of assets, and will source data from Kodiak to support the quotation services for ecosystem assets such as iBGT and iBERA.

ChainCatcher news, according to Cointelegraph, RedStone co-founder and COO Marcin Kaźmierczak stated in an interview that the incoming Trump administration "could significantly drive the expansion of DeFi," adding that "such a government might support policies that push DeFi from niche to mainstream, catalyzing innovation and an influx of investment."He also noted that a rise in Bitcoin prices "typically" triggers an increase in DeFi service activity, and added, "As BTC continues to rise, it not only climbs in isolation but also boosts the entire DeFi industry."Kaźmierczak claimed that the Trump administration might adopt cryptocurrency-friendly policies, easing regulatory barriers and encouraging innovation. "Under Trump's leadership, a bull market for DeFi platforms is expected, which could rewrite the rules of digital finance," he stated, mentioning that Trump and his team forked Aave and created the crypto project World Liberty Financial (WLFI).

ChainCatcher news, according to Coindesk Japan, RedStone co-founder and COO Marcin Kaźmierczak stated that with the rise of liquid staking derivatives, there is a need to more accurately quantify the staking yields of various platforms and their trends. Kazmierczak emphasized that using standardized on-chain Ethereum Comprehensive Staking Rate (CESR) oracle data sources as a benchmark is crucial for systematically analyzing staking trends. He further pointed out that accurately quantifying staking trends not only helps assess their impact on network security and token economics but also provides Ethereum holders with strategic insights for generating additional yields.With innovations such as Staking-as-a-Service, Pooled Staking, and liquidity re-staking driving the rapid popularization of staking services, data shows that as of July 2024, the Ethereum network security budget has reached $110 billion, accounting for 28% of its total supply. The staking feature is widely used in exchanges and financial applications, attracting holders to participate in network security maintenance. Ethereum co-founder Vitalik Buterin has also partially staked his holdings.

ChainCatcher news, according to The Block, the blockchain oracle service RedStone has completed a $15 million Series A funding round, led by Arrington Capital, with participation from Kraken Ventures, White Star Capital, Spartan Group, Amber Group, SevenX Ventures, and IOSG Ventures, as well as angel investors including Smokey the Bera and Homme Bera from Berachain, Mike Silagadze from Ether.Fi, Jozef Vogel and Rok Kopp, and Amir Forouzani, Jason Vranek, and Christina Chen from Puffer Finance.It is reported that RedStone is a blockchain oracle, similar to popular oracles like Chainlink and Pyth Network, but based on a modular design.

ChainCatcher message, the dark-style global nurturing full-chain game Dear, incubated and developed by the ARPA team, will launch on Redstone at 19:00 Singapore time on May 15.It is reported that Dear aims to explore the boundaries of human nature and complex smart contracts. Players can interact with life forms through simple actions such as Feed, Abuse, Stay, and Transfer, while the form of the life forms will change based on the actions of global players. DEAR is a limited game, and life forms can exist for a limited number of blocks at most. Players need to join the Discord channel to receive tokens to start the game.In addition, a ranking event will be held simultaneously with the launch of DEAR, giving players the chance to earn ARPA token rewards.

ChainCatcher message, Optimistic Rollup L2 project Redstone has announced the migration of its testnet. The Lattice testnet and Redstone Holesky testnet will be officially deprecated in one month. The Redstone team urges users to migrate to the Garnet Holesky testnet, which has been live for several weeks, before that time.To help users check their current network, Redstone has provided the network information for the Lattice testnet and Redstone Holesky testnet.Lattice testnet:RPC Node: testnet-chain.linfra.xyzChain ID: 4242Redstone Holesky testnet:RPC Node: rpc.holesky.redstone.xyzChain ID: 17001The Redstone team emphasizes that in the future, only the Garnet Holesky testnet will be maintained and supported. The migration of the testnet aims to consolidate resources in preparation for the launch of the Redstone mainnet. Users need to promptly adjust the network configuration of their dApps to avoid being affected by the deprecation of the testnet.

ChainCatcher news, the Optimistic Rollup L2 project Redstone recently announced the launch of its mainnet. In May this year, Redstone will release games including Biomes, DEAR, DF Archon, Downstream, GG Quest, Sky Strife, This Cursed Machine, and words3. At the same time, Redstone will also launch a series of events, lasting from May 1 to May 15.In addition to the aforementioned games, Redstone will also gain support from the NFT marketplace Redstone Market, DEX Redswap, as well as support from Safe, Randcast, and Rainbow custom networks, along with support from Privy, Metamask, and Walletconnect.It is reported that DEAR is the FOCG (Full On-Chain Game) experimental project of the ARPA team and is one of the first FOCGs to go live on the Redstone mainnet, scheduled for mid-May. Previously, DEAR was in public beta on the Redstone testnet in March, with over 1,500 users participating. At the same time, the DEAR/ARPA team also participated in the Redstone Genesis Block Inscription.

ChainCatcher news, according to CoinDesk, the oracle protocol RedStone announced a $500 million partnership with liquidity re-staking service provider Ether.Fi. Ether.Fi will invest $500 million to help secure RedStone's data oracle, which is used to transmit information between the blockchain and the outside world. Over 20,000 node operators from Ether.fi will manage RedStone's Active Validation Service (AVS) and use Ether.fi's native liquidity re-staking token eETH to prevent active failures and crypto-economic attacks within the RedStone node provider network.

ChainCatcher message, the first full-chain mobile game DEAR incubated by ARPA Network has launched its public testing on Redstone. DEAR is a digital creature that changes based on the collective actions of all players (feeding, attacking, or accompanying). The DEAR team has innovated in game mechanics, including global cooperative competition, a limited lifespan based on block height, double-spending tokens, transaction-encoded messages, and inscriptions.The official statement indicates that DEAR combines a carefully designed world setting and game mechanics, emphasizing emotional satisfaction within a socio-cultural context, rather than merely focusing on tokens.

ChainCatcher news, game studio Lattice announced the launch of the L2 chain Redstone, which is an Alt-DA (alternative data availability) chain inspired by Plasma, built on the OP Stack, suitable for applications such as on-chain gaming. Lattice stated that through Redstone, it has achieved a Plasma-inspired data availability design that allows any honest participant on the internet to ensure the chain's availability without the need for a new form of consensus outside of Ethereum.

ChainCatcher news, DeFi oracle RedStone has expressed support for the Optimism blockchain and its ecosystem on social media platforms.RedStone will provide oracle solutions for DeFi protocols in the Optimism ecosystem, which can alleviate the burden on builders. RedStone will offer models and customization features to support dApp development.