Starknet said that five independent institutions will support strkBTC infrastructure at launch, helping move BTC between Bitcoin and Starknet. The Federation includes Twinstake, NEAR Intents, Luganodes, UTXO and Xverse, each operating infrastructure for minting, burning and bridging BTC and strkBTC without custody of user assets.
StarkWare shifts focus to real-world products as Starknet's privacy infrastructure goes live on Mainnet.
Binance has integrated USDC on Starknet and USD1 on AB Chain, opening deposits and withdrawals for both stablecoin-network routes and giving users two additional transfer rails for moving stablecoins on and off the exchange.
Uncovering the key drivers behind Starknet's price rally in the past 24 hours.
The upgrade introduces in-protocol proof verification, shielded assets, and new economic controls.
Starknet launched v0.14.2 on mainnet, introducing native infrastructure for private transactions through in-protocol proof verification. The update introduces STRK20, a framework for assets with encrypted balances, and strkBTC, the first asset to operate under that scheme. SNIP-37 rebalances the network's economic model by raising storage costs and reducing the base gas price on L2.
StarkWare co-founder and CEO Eli Ben-Sasson said the firm building on Ethereum slashed its headcount in a move to prioritize revenue.
Starkware is restructuring and cutting staff after Starknet revenue fell more than 99% from its peak. The company is shifting focus toward building its own revenue-generating products. Key Takeaways: Starkware revenue fell from close to $6 million in 2023 to $48 in April 2026, forcing layoffs and restructuring.
StarkWare announced a restructuring with staff cuts and the creation of two independent business units to generate their own revenue. Starknet network revenue dropped more than 99% from its peak of nearly $6 million per month in 2023, to around $48,000 in the first half of April 2026.
StarkWare has implemented workforce reductions and initiated a comprehensive organizational restructuring following a dramatic decline in Starknet revenue that has significantly impacted the company's growth trajectory. The blockchain infrastructure provider is now pivoting its strategic focus toward proprietary product development to stabilize revenue streams and broaden its market applications.
Days after unveiling a quantum-safe bitcoin method, a StarkWare researcher was tapped to lead a new applications unit as Layer-2 revenue dries up.