Starknet-based ZKX protocol shutters, blaming lack of users
The protocol’s founder cited minimal user engagement, tumbling revenues, and “broader exhaustion” in the DeFi sector. Go to Source
StarkNet
Auto Added by WPeMatico
Significant STRK Transfers: Multi-Sig Wallet Activity Linked To Starknet
In the past 24 hours, a multi-sig wallet (0x22c), potentially associated with Starknet, transferred 2.5 million STRK tokens (approximately $1.74 million) to Binance, FlowTraders, and a new wallet (0x750). This follows a recent transaction in which the wallet received 5 million STRK tokens from Starknet’s team. Shortly after, 750,000 STRK were transferred to Wintermute. Within … Read more
Base TVL surges to $8B just days after overtaking OP Mainnet
Base has topped Ethereum layer 2 leaderboards by transaction count and has been the most profitable Ethereum scaler for three consecutive months. Go to Source
Starknet launches $25M token incentive for top projects
This marks the first installment of Starknet’s Catalyst program, aiming to incentivize blockchain development on the network. Go to Source
Vested crypto tokens worth over $3B to be unlocked in May
Sui, Pyth Network, Avalanche, Arbitrum and Aptos are set to release vested crypto tokens in May, according to data tracker Token Unlocks. Go to Source
Arbitrum Outpaces Ethereum in Daily Transactions Amidst L2 Networks’ Surge
Recent statistics reveal that the layer two (L2) network Arbitrum has experienced a significant increase in daily transactions. On Tuesday, the network’s daily transactions even exceeded those on the Ethereum platform. Additionally, following Ethereum’s Dencun upgrade, other L2 networks such as Optimism have also witnessed an uptick in activity. Arbitrum Transfers Spike Metrics indicate that … Read more
Starknet to hand 10% of network fees to devs, with $3.5M in first distribution
The Devonomics initiative from the Starknet Foundation aims to return a portion of network fees to incentivize developers. Go to Source
Starknet token distribution not yet finalized, despite speculation over portal screenshots
The Starknet Foundation is warning community members to be on the lookout for scams relating to circulating screenshots of early iterations of a token distribution portal. Go to Source
Ethereum L2 Starknet aims to decentralize core components of its scaling network
Starknet has laid out its roadmap to begin decentralizing core components of its Ethereum L2 scaling network to defend against censorship and improve robustness. Go to Source
Starknet and zkSync buck trend as crypto ecosystems shed devs by 28%
Monthly active developers across the crypto ecosystem fell 28% year-on-year in October, though some have managed to buck the trend. Go to Source
