Search results for RedStone
Crypto
Ocero raises $13.5 million led by Sky for stablecoin yield infrastructure
Stablecoin yield infrastructure project Ocero has raised $13.5 million. The funding round was co-led by the Sky ecosystem and Plasma, with participation from USDT0, Maple, Accountable, Four Pillars, RedStone, The Rollup, and angel investors from Kairos Research. Ocero, backed by Stablewatch and Sorter Labs, offers products aimed at letting platforms attach Sky Savings Rate yields to services and enabling access across multiple chains.
Crypto
Blockchain oracle RedStone to support open-source Tempo mainnet
Decentralised oracle provider RedStone will support Tempo, a global payments blockchain jointly developed by Stripe and Paradigm, The Block reported on March 18. With the launch of the Tempo mainnet, RedStone will provide continuous foreign exchange data to the new blockchain, helping applications price and settle transactions in local currencies. RedStone will also provide real-time data feeds for Tempo’s native payments token, pathUSD, and its native foreign exchange DEX.
Crypto
Chainlink acquires Atlas transaction-ordering solution to accelerate MEV expansion
Chainlink has acquired the intellectual property of Atlas, a transaction-ordering tool, to accelerate expansion of maximal extractable value (MEV) in the decentralised finance ecosystem, The Block reported on Jan. 22. The terms of the acquisition were not disclosed, but Chainlink recruited key Atlas personnel, the report said. Atlas will be integrated into Chainlink’s data technology project SVR and will end its relationship with Chainlink rival RedStone.