Starknet-based lending protocol zkLend has confirmed a significant security breach, resulting in the theft of more than $9 million in Ethereum (ETH).
ZkLend lost over $4.9 million in a cyber attack. The ZkLend team gave a bounty for the stolen assets.
ZkLend has lost nearly $5 million in a Starknet exploit, and the protocol has offered the hacker a 10% bounty if the remaining funds are returned before Feb. 14.
ZkLend lost nearly $10 million in a Starknet exploit. The protocol offered the hacker a 10% bounty if the remaining funds were returned before Feb. 14.
In yet another crypto hacking incident, ZkLend Next generation lending protocol has officially confirmed that it was hacked, resulting in the loss of 3,300 ETH. In an unusual move, zkLend publicly addressed the hacker via an X post, offering a 10% white hat bounty if the remaining 90% of the stolen funds are returned.
Strategy's share sales from its at-the-market offering were just below 3% of the total cumulative trading volume.
With a total Bitcoin holdings of 471,107 BTCs, which is worth more than $49 billion, MicroStrategy controls around 2.24% of BTC's total supply.
Michael Saylor, co-founder of the Bitcoin-focused company MicroStrategy, has taken to his official account on the X social media network to make an important announcement. Saylor said that MicroStrategy is pricing its Strike Preferred Stock Offering, planning to raise not $250 million but $584 million.
Michael Saylor's MicroStrategy plans to raise $563 million from its STRK preferred stock offering. This development is significant as it forms part of the software company's plans to acquire more Bitcoin.
Starknet has announced that the second phase of staking for its native token will go live as early as the second quarter of 2025.
MicroStrategy has announced plans to raise additional funds to expand its Bitcoin holdings through a public offering of Strike Preferred Stock (STRK), according to a Jan. 27 statement. The company aims to issue 2.5 million shares of its Series A Perpetual Strike Preferred Stock, subject to regulatory approval and prevailing market conditions.
Michael Saylor previously said MSTR aims to offer investors "both returns and volatility at factors of 1.5x those of bitcoin itself."
Starknet, a zero-knowledge (ZK) layer-2 scaling solution for Ethereum, has announced the launch of a new software called Starknet (SN) Stack, allowing developers to build custom chains using Starknet's zero-knowledge technology.
While the cryptocurrency market suffered a strong pullback this week with top tokens recording a double-digit loss, some low-cap and mid-cap altcoins have experienced a meteoric rise. One such ETH-based project is Strike (STRK), which has come under the spotlight overnight with its 200% rally.
Starknet, a leading zero-knowledge (ZK) layer-2 scaling solution for Ethereum, has unveiled the Starknet Stack (SN Stack), a new suite of tools designed to enable developers to create custom blockchains using Starknets ZK technology. The SN Stack offers three distinct configurations to cater to different needs.
Zero-knowledge technology continues to be a popular method to scale cryptocurrencies while providing quantum-resistant security.
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Ethereum Layer 2 project Starknet launched SN Stack, a modular software suite enabling developers to create custom appchains.
Starknet unveils SN Stack, a versatile toolset enabling developers to create custom appchains. With Madara, Dojo, and StarkWare Sequencer, the suite combines ZK-STARK cryptography for secure and scalable blockchain solutions, addressing on-chain gaming and diverse appchain needs. The post Starknet Releases SN Stack Allowing Devs to Launch Appchains appeared first on Cryptonews.
Starknet has unveiled SN Stack as its go-to solution to accelerate blockchain development.
TL;DR Starknet has launched SN Stack, a tool to develop custom appchains in a modular way. It includes essential components such as Starknet OS, CairoVM, and Blockifier to provide security and scalability. It offers three variants: Madara, Dojo, and StarkWare Sequencer, tailored to the different needs of developers.
The company introduced its “SN Stack,” a developer toolkit. It is designed to help projects build custom blockchains for specific crypto use cases.
Ethereum Layer 2 project Starknet has introduced its software offering, SN Stack, enabling developers to launch appchains.
The “SN Stack” enables developers to create blockchains for specific crypto use cases, potentially bringing StarkWare's technology to a variety of chains.
Crypto airdrops farmers have ten valuable opportunities to receive free cryptocurrency tokens from projects backed by renowned investors.
The altcoin industry has signaled a major bull rally in the near term after consolidating in the past eight months.
The Starknet Network has grown to a vibrant layer-two scaling solution on the Ethereum ecosystem with dozens of DeFi protocols.
Strike (STRK), a blockchain-powered lending and borrowing platform, is gaining significant attention. The live price of Strike currently stands at $10.05, with a market cap of over $54 million.
Starknet (STRK) is a promising blockchain project that has been gaining attention for its role in scaling Ethereum. As a Layer-2 scaling solution, Starknet aims to improve Ethereum's efficiency by enhancing transaction speeds, reducing fees, and maintaining the security Ethereum is known for.
Story Highlights The live price of Strike crypto is . The Strike price is expected to reach $19.12 in 2025. With a potential surge, the price may reach $174 by 2030. Strike is a decentralized finance (DeFi) protocol enabling users to lend and borrow cryptocurrencies without intermediaries.
Story Highlights The live price of Starknet crypto is . The Starknet price is expected to reach a high of $1.912 in 2025. With a potential surge, the price may achieve a top of $14.90 by 2030. Starknet, a Layer-2 scaling solution built on Ethereum, enhances the overall experience of an average Ethereum network user.
Starknet's (STRK) price has recently surged by nearly 80%, catching the attention of traders and analysts alike. This breakout marks a significant shift from a prolonged period of sideways price action, signaling the potential for further upside.
Starknet has officially launched Phase 1 of its staking initiative on the mainnet, marking a milestone in its journey toward full decentralization as the first major Ethereum Layer 2 rollup to implement a staking mechanism directly on L2.
With a newfound rally, the STRK price exceeds a long-standing sideways trend in a bull market. Following the breakout, the bulls anticipate a post-retest reversal on the horizon. Will the post-retest reversal in the STRK price trend result in a jump to the $0.
Starknet, an Ethereum Layer-2 scaling solution, has established the first phase of its staking mechanism
Starknet has launched its staking program for STRK tokens, becoming the first Ethereum layer-2 network to enable staking, according to a Nov. 26 statement shared with CryptoSlate. The program aims to empower token holders to participate in securing the network while earning rewards.
TL;DR Starknet has officially launched its native staking feature. Starting from November 26, users with at least 20,000 STRK tokens can participate in staking, while others can delegate their assets. Staking offers dynamic rewards in STRK tokens and a 21-day lockup period for withdrawing funds.
Starknet has become the first layer 2 network to launch a staking framework, rolling out phase 1 of STRK staking on its mainnet.
Starknet launches staking with a 20,000 STRK minimum requirement for solo staking while enabling delegation for broader participation.
Asset management firm Bitwise is deepening its role in the Ethereum ecosystem with its recent support for Starknet (STRK) layer 2 solution. The recent revealed it will support Starknet as the protocol moves to become the first L2 to enable staking for STRK.
The cryptocurrency market has experienced heightened volatility amidst rising geopolitical tensions between Ukraine and Russia, leaving investors grappling with uncertainty.
Tomorrow, November 15, 2024, Starknet will unlock 64 million STRK tokens, which is about 3.95% of its total circulating supply. This unlock is important because it allows early contributors and investors to access funds that were previously locked away.
StarkWare, the main developer firm behind Starknet, had shared in July that it would introduce a proposal for staking on the blockchain, but had not previously fixed the date of the rollout.
Ethereum's co-founder Vitalik Buterin deposits 2.09 million STRK tokens on Binance.
TL;DR Vitalik Buterin deposited 2.09 million STRK tokens on Binance, resulting in a loss of approximately $714,000. This deposit follows its investment in StarkNet's seed funding round in 2018. The STRK transfer was made when the tokens were worth $799,000, while five months ago they were worth $1.51 million.
As Starknet (STRK) cryptocurrency is getting closer to losing its place in the top 100, Vitalik Buterin sent a massive 2.09 million STRK deposit to Binance (BNB). The asset almost touched a new all-time low before today's crypto surge.
Starknet roadmap is focusing on reducing network fees with upgrades planned through 2025.