starknet


Tech

The Protocol: Restaking Tokens Are Exploding, and Restaking Isn't Even Live

In this week's issue of our weekly blockchain tech newsletter, Sam Kessler explores how "liquid restaking tokens" or LRTs are remaking decentralized finance. PLUS: Starknet's STRK airdrop, Stellar's smart-contract facelift and bitcoin's supply crunch.

(Alina Grubnyak/Unsplash)

Markets

STRK Tokens Claimed Hit 420M in a Day as On-Chain Metrics Soar

The Starknet blockchain hit a record-high 1.06 million transactions on Tuesday, with a peak of 45.2 transactions per second.

Headshot of Starknet Foundation CEO Diego Oliva

Markets

Starknet’s STRK Drops 53% Amid Token Issuance Criticism

The tokens started trading at around $5 apiece, exchange data shows, and fell ahead of significant token unlocks planned in the months ahead.

Deutsche Bank's survey of retail investors see bitcoin (BTC) price dropping below $20K by year-end (Meg Boulden/Unsplash)

Finance

Starknet Token STRK Begins Trading at $5 After Mammoth Airdrop

Fully diluted value of STRK reached as high as $50 billion with an initial market cap of $3.64 billion.

Pyth issues token airdrop (ian dooley/Unsplash)

Tech

The Protocol: Bitcoin's OP_CAT, Fake Ethereum Tokens, Starknet's Airdrop

CoinDesk's Jamie Crawley takes a look at the suddenly-high-profile proposal to revive Bitcoin's historic "OP_CAT" function as a way of enabling more development on the oldest blockchain. PLUS: the unofficial "ERC-404" tokens driving up fees on Ethereum and highlights from our Protocol Village column over the past week.

(Alexander Sinn/Unsplash)

Markets

Starknet's STRK Could Debut With Market Cap of Over $1B, Aevo's Pre-Launch Futures Suggest

Starknet is set to launch its native token STRK through an airdrop of 728 million coins on Feb. 20.

Trader. (Tumisu/Pixabay)

Tech

Starknet Blockchain Plans Much-Awaited Airdrop of New STRK Tokens Next Week

The airdrop will happen on Feb. 20, and eligible users have until June 20 to claim their tokens

Eli Ben-Sasson, Co-founder and CEO of StarkWare (StarkWare)

Tech

Layer-2 Blockchain Developer StarkWare Plans ‘Cairo’ to Verify Layer-3s

The Cairo Verifier, which the StarkWare and the Herodotus developer team worked on together, is a key piece of technology that verifies proofs and posts them back to the layer-2 blockchain, instead of Ethereum’s mainnet.

Eli Ben-Sasson, Co-founder and CEO of StarkWare (StarkWare)

Tech

Celestia Rival Avail Inks Agreement With Starkware as Blockchain Data Race Heats Up

Avail's new "data availability" solution, currently in testing, and Madara, which is Starkware's sequencer, are both expected to go live in early 2024. They might be used in conjunction to create new application chains or "appchains."

Avail founder Anurag Arjun (Avail)

Tech

StarkWare Distributing $3.5M Fees to Developers in 'Devonomics' Program

The developer firm, together with the Starknet Foundation, said that the program will benefit "dapp" builders and core developers of the Starknet blockchain.

StarkWare co-founders CEO Uri Kolodny and President Eli Ben-Sasson (Natalie Schor/StarkWare)

Pageof 5