{"id":7070,"date":"2025-03-20T18:07:42","date_gmt":"2025-03-20T18:07:42","guid":{"rendered":"https:\/\/cryptonewsdesk.com\/?p=7070"},"modified":"2025-03-20T18:07:44","modified_gmt":"2025-03-20T18:07:44","slug":"redstone-refutes-partnership-claims-with-web3port-and-whisper","status":"publish","type":"post","link":"https:\/\/cryptonewsdesk.com\/index.php\/2025\/03\/20\/redstone-refutes-partnership-claims-with-web3port-and-whisper\/","title":{"rendered":"RedStone Refutes Partnership Claims with Web3Port and Whisper"},"content":{"rendered":"\n<p>Modular DeFi oracle <strong>RedStone<\/strong> has officially denied circulating rumors regarding a partnership with <strong>Web3Port<\/strong> and <strong>Whisper<\/strong>, a market-making firm. In a public statement, RedStone clarified that neither entity has any influence on its market activities, nor have they ever provided services to the company.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>RedStone Responds to False Claims<\/strong><\/h3>\n\n\n\n<p>RedStone addressed the misinformation in an official <strong>March 20, 2025<\/strong> announcement, emphasizing that any claims suggesting a partnership with <strong>Web3Port and Whisper<\/strong> were entirely false and made without their <strong>consent or knowledge<\/strong>. The company demanded the removal of these misleading statements, though some references may still be circulating online.<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p><strong>\u201cWe want to clarify that RedStone does not work with these parties, and any partnership announcements were false.\u201d<\/strong><br>\u2014 <em>RedStone Oracles (@redstone_defi), March 20, 2025<\/em><\/p>\n<\/blockquote>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Concerns Over Association with Controversial Entities<\/strong><\/h3>\n\n\n\n<p>RedStone\u2019s strong stance appears to stem from concerns about the reputational risks of being linked to Web3Port and Whisper. Both entities have reportedly been tied to <strong>controversies surrounding trading volume manipulation and price stability violations on Binance<\/strong>.<\/p>\n\n\n\n<p>Although Binance has not publicly disclosed the identity of the market maker involved in these violations, <strong>industry insider AB Kuai Dong<\/strong> suggested potential ties to <strong>May Liu<\/strong>, who is known to run <strong>Whisper<\/strong> and incubate Web3 projects through <strong>Web3Port<\/strong>.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>RedStone\u2019s Verified Market Maker Partnerships<\/strong><\/h3>\n\n\n\n<p>RedStone has emphasized that it exclusively partners with <strong>reputable market makers<\/strong> that meet its strict vetting process. The company collaborates with:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Keyrock<\/strong> \u2013 A leading liquidity provider for major crypto exchanges.<\/li>\n\n\n\n<li><strong>Auros<\/strong> \u2013 A high-frequency trading firm and global liquidity provider with a reported <strong>$1.5 trillion in annual trading volume<\/strong>.<\/li>\n<\/ul>\n\n\n\n<p>Both <strong>Keyrock and Auros<\/strong> are <strong>official partners under RedStone\u2019s Guard Program<\/strong>, which enforces rigorous <strong>legal checks and performance evaluations<\/strong> to ensure only top-tier firms handle market-making activities.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>RED Token Performance Remains Strong<\/strong><\/h3>\n\n\n\n<p>Despite the false rumors, <strong>RedStone\u2019s native token (RED)<\/strong> has seen <strong>positive price action<\/strong>:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>4% increase<\/strong> in the last 24 hours<\/li>\n\n\n\n<li><strong>10% gain<\/strong> over the past week<\/li>\n\n\n\n<li><strong>74% surge<\/strong> over the past month<\/li>\n<\/ul>\n\n\n\n<p>This suggests that either the rumors <strong>had little impact on investor confidence<\/strong>, or RedStone <strong>acted swiftly to clarify the situation<\/strong> before it could affect market sentiment.<\/p>\n\n\n\n<p>By addressing these rumors head-on, RedStone has reinforced its commitment to transparency and regulatory compliance, further strengthening its position as a <strong>trusted oracle provider in the DeFi ecosystem<\/strong>.<\/p>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Modular DeFi oracle RedStone has officially denied circulating rumors regarding a partnership with Web3Port and Whisper, a market-making firm. In a public statement, RedStone clarified that neither entity has any influence on its market activities, nor have they ever provided services to the company. RedStone Responds to False Claims RedStone addressed the misinformation in an&#8230;<\/p>\n","protected":false},"author":3,"featured_media":7071,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[63,70],"tags":[588,128,587],"class_list":["post-7070","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto-news","category-finance","tag-defy","tag-liquidity","tag-redstone"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>RedStone Refutes Partnership Claims with Web3Port and Whisper - Crypto News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptonewsdesk.com\/index.php\/2025\/03\/20\/redstone-refutes-partnership-claims-with-web3port-and-whisper\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"RedStone Refutes Partnership Claims with Web3Port and Whisper - Crypto News\" \/>\n<meta property=\"og:description\" content=\"Modular DeFi oracle RedStone has officially denied circulating rumors regarding a partnership with Web3Port and Whisper, a market-making firm. 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