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In the context of the partnership between Starknet and Chainlink, the data from the oracles arrives on layer-2.

This past week has been marked by a surge in the values of Layer 2(L2) tokens. For example, the prices of leading L2 tokens such as Optimism (OP), Arbitrum (ARB), and Polygon (MATIC) have risen by 35%, 17%, and 14%, respectively.

Starknet, a ZK rollup Layer 2 on Ethereum, has announced that Chainlink Data Feeds are live on its mainnet. The integration of Data Feeds allows Starknet developers to build scalable and secure decentralized finance (DeFi) applications on the Validity Rollup network.

TL;DR Chainlink and Starknet will integrate Data Feeds into STRK mainnet, significantly enhancing its DeFi capabilities. The integration will address limitations in accessing external data for complex DeFi applications. Additionally, Chainlink's SCALE program subsidizes oracle nodes to ensure reliability in STRK's Data Feeds.

The integration of Chainlink Data Feeds on Starknet is set to enhance DeFi application development, driving ecosystem growth and adoption. The post Chainlink Data Feeds go live on Starknet appeared first on Crypto Briefing.

Vitalik Buterin discusses hypothetical Ethereum 51% attacks, StarkWare proposes Starknet token staking and more.

StarkWare, the driving force behind the zero-knowledge-based layer 2 network Starknet, has unveiled its plans to introduce staking by the end of 2024. This move aims to enhance the blockchain's resilience and decentralization.

Eli Ben-Sasson, CEO of StarkWare, announced at EthCC that Starknet plans to introduce staking by the end of 2024.

Starknet plans to introduce staking through a new protocol launching on the testnet before a mainnet release in Q4.

Pending community approval, Starknet staking may go live on testnet soon before a planned mainnet launch in Q4 2024.

Layer-2 network Starknet will open staking on its ecosystem by the end of 2024, the developer firm StarkWare shared on Wednesday. The news was announced at the Ethereum Community Conference in Brussels, Belgium, by the company's CEO Eli Ben-Sasson.

Amid the minor uptick in trading activity in the general cryptocurrency market in the past 24 hours, the Layer 2 (L2) ecosystem has witnessed some growth. The market capitalization of all crypto assets in that category has risen by 1.42% during that period.

Worldcoin's value has fallen about 80% since its peak, but the project will soon begin to double its rate of daily token unlocks.

The Starknet Foundation has announced an additional 50 million STRK allocation to its DeFi Spring program, according to details published on Monday. DeFi Spring 2.

The Starknet Foundation DeFi Spring 2.0 has been supplemented with 50 million STRK to the, raising the total budget to 90 million STRK.

In terms of fees per user, Starknet and Arbitrum excelled, second only to zkSync Era.

The cryptocurrency market remains in a state of flux, with the global market cap hovering around $2.47 trillion, reflecting a modest 0.8% change in the past 24 hours. Trading volume has surged to $48.8 billion, indicating high investor activity and interest.

As the second half of 2024 begins, the cryptocurrency market continues to experience a significant downturn, impacting the market capitalization of numerous digital assets.

StarkWare will introduce Layer 3 on StarkNet this year with support from technologies like Rollup and Validium.

Token Unlocks data shows major releases for APT, IMX, and others, totaling over $240 million.

Starknet's innovations are intended to benefit both the Ethereum and Bitcoin communities equally.

StarkWare says its plan to expand its scaling technology to the Bitcoin network won't result in forking Starknet or making a new token.

Seventeen of the twenty assets in the CoinDesk 20 Index (CD20) booked gains, underscoring the uptrend in the broader crypto market.

As June approaches, notable token unlock events are set to influence the market. BeInCrypto has identified the top five token unlocks that could potentially impact market dynamics, providing traders and investors with both opportunities and challenges.