
RedStone Oracles has launched Bitcoin staking oracles, enabling users to stake their Bitcoin (BTC) for liquid staking tokens (LSTs) such as Lombard Staked BTC (LBTC) on the Ethereum network. This development is expected to enhance opportunities for Bitcoin holders by allowing them to utilize their assets in decentralized finance (DeFi) applications. Additionally, the Bitcoin Startup Lab has reported significant growth, expanding from 8 pre-seed investors to 380 over the past two years, and claims that 100% of its graduates who pursued accelerator programs successfully raised capital. Furthermore, the lab highlighted that multiple teams raised millions in funding shortly after joining the program. In related news, the Bitlayer Labs team has secured an additional $9 million in a Series A funding round, following an earlier $11 million round, indicating robust investment interest in the Bitcoin ecosystem.
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Bitcoin Startup Lab Fun Fact: Arch Network, a project created by Bitcoin Startup Lab alumni, was able to secure $7 million in a seed funding round. This funding will help fuel Arch Network's mission to further revolutionize the #Bitcoin ecosystem. We're excited to see what's… https://t.co/HsCZquOvVw






