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The Starknet Foundation has announced that Diego Oliva, who has served as the chief executive officer since March 2023, is stepping down.

Leadership changes at Starknet Foundation may impact its strategic direction and community relations amid ongoing controversies and criticisms. The post Diego Oliva resigns as CEO of Starknet Foundation appeared first on Crypto Briefing.

James Strudwick will take over as executive director of Starknet Foundation while Oliva stays on briefly to aid with the transition.

The StarkNet's ZKX Protocol, a decentralized trading platform, abruptly closed without prior notice, shocking investors and market makers.

The crypto market exhibited mixed signals in the month of July: many altcoins noted exceptional growth while other suffered.

Starknet is the latest crypto project to face a social media hack.

The Starknet Discord server was hacked, and users were warned to avoid its compromised Discord server and prevent phishing and data theft.

Ethereum layer-2 scaling solution Starknet issued an urgent warning to its community on July 1 regarding a compromise of its Discord server.

Starknet's ZKX Protocol is closing because it wasn't being used much and its token value dropped

Starknet-based ZKX Protocol will shut down with all markets delisted and funds returned to users due to financial challenges.

ZKX Protocol, a derivatives protocol on Ethereum Layer 2 scaling solution StarkNet, has made the tough decision to suspend its operations. The protocol founder Eduard Jubany Tur acknowledged the lack of economic viability as the reason behind the latest development.

The public mainnet of modular infrastructure platform Lava Network is live, having launched on July 30 with support from some of the industry's top players and projects.

Lava Network's mainnet launch, supported by major ecosystems, enhances decentralization and interoperability, fostering broader Web3 adoption. The post Lava Network launches mainnet with Filecoin, Starknet, Cosmos support appeared first on Crypto Briefing.

Just months after Wormhole's airdrop in April, the cross-chain project will unlock a third of its token's circulating supply this month: 600 million tokens at a current value of about $180 million.

StarkWare, one of the leading companies in the field of blockchain scalability and security, has announced its collaboration with Informal Systems to integrate the Inter-Blockchain Communication (IBC) protocol based on Cosmos into Starknet.

STRK, the native token of the ZK-Rollup platform Starknet, has witnessed a decline in its value in the past week due to falling buying pressure, which has persisted over the past few weeks.

StarkWare will be integrating the Cosmos-based IBC protocol on Starknet in collaboration with Informal Systems.

The sizable price surge that Starknet has recorded this past week contributed significantly to growth in activity in the derivatives market.

The past week saw a significant surge in the value of Layer 2 (L2) tokens. Leading assets such as Optimism (OP) and Arbitrum (ARB) experienced double-digit price increases.

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.