**News Flash: RedStone Oracles Introduces Bitcoin Staking Oracles**

RedStone Oracles has launched Bitcoin staking oracles, enabling users to stake their Bitcoin (BTC) for liquid staking tokens (LSTs) like Lombard Staked BTC (LBTC) on the Ethereum blockchain.

Announced by co-founder Marcin Kaźmierczak, this marks the first time BTC LSTs are available for decentralized finance (DeFi) applications, including lending.

Staking oracles bridge real-world data with blockchains, crucial for verifying staking rewards and other data. Without them, BTC LSTs could only provide liquidity on decentralized exchanges.

This innovation is expected to significantly boost DeFi adoption around Bitcoin LSTs, similar to Ethereum's ecosystem.