StarkWare has amended its Starknet (STRK) token unlock schedule following concerns that the original plan would allow the network’s investors to dump on retail Starknet users. The changes will see a “more gradual” token unlock schedule for its early contributors and investors, implementing smaller, periodic token drops over three years instead of a larger drop…
The two-day-old token of Ethereum layer-2 network Starknet has more than halved in price as Ethereum infrastructure firm Nethermind and airdrop farmers dumped millions of dollars worth of the airdropped token. Starknet’s (STRK) price has dropped nearly 60% and is trading under $1.90 from a Feb. 20 top of $4.41, when it was airdropped to…
Stablecoin issuer Tether didn’t provide a definitive answer on whether or not it would cease support for the Tron network after its rival Circle ceased minting its stablecoin on the blockchain on Tuesday. “Tether tokens are issued on several blockchains, which are simply transport layers for such tokens,” Tether said in a statement to Cointelegraph…
Central bank digital currencies (CBDC) have received quite a bit of attention in recent years, sparking a fierce debate about the benefits and possible drawbacks of the technology. A digital form of a country’s fiat currency, CBDCs are centralized and backed by a nation’s central bank. In contrast, cryptocurrencies like Bitcoin are decentralized and not controlled…
The cries are loudening for a potential “altseason” as Ether approaches the $3,000 level; however, analysts have cautioned it may not come so soon. On Feb. 19, Ether prices hit an intraday and 22-month high of $2,980. The last time the asset traded above $3,000 was in April 2022. The price movement has seemingly led many…
Starknet’s active users have dropped significantly over the past seven days amid growing grievances over its Starknet Provisions Program airdrop. The Ethereum layer-2 blockchain’s active users climbed from under 20,000 on Feb. 9 to a nearly three-month high of over 220,500 on Feb. 14, Starkscan data shows, as users and airdrop farmers flocked to the network hoping to get…
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