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news-imageNovember 6, 2024

Vitalik Buterin Dumps 2M STRK Tokens on Binance, Swallowing a $714K Loss

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.
Publisher: Crypto Economy
Sentiment: Negative
STRK

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Starknet announces first phase of staking

Starknet has commenced the first phase of staking as it moves towards transitioning to a fully decentralized proof-of-stake network. On Sept. 25, the zero-knowledge rollup layer 2 network announced that Starknet (STRK) staking had begun.

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