Wednesday, November 6, 2024
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Starknet Foundation Awards 50M STRK Tokens to Early Contributors

Mandates for the foundation, which is overseen by a seven-member board that includes StarkWare co-founder and President Eli Ben-Sasson, include "fostering the community of Starknet users, developers and researchers" along with "overseeing the continued development of the network and advancing research," according to a blog post at the time. Source

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FDIC Cites Poor Management, Contagion Risk as Key Contributors to Signature Bank Failure

The Federal Deposit Insurance Corporation (FDIC) published a 63-page report outlining issues Signature faced, attributing its failure to “poor management,” saying the bank heavily relied on uninsured deposits, did not have strong liquidity risk management practices and maintained poor risk management in general. These factors were exacerbated by a bank

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Contributors piling into Bitcoin, Ethereum, and Solana since 2018: Report

Despite crypto market turbulence, active contributors across Bitcoin, Ethereum, and Solana’s top projects have increased by an average of 71.6% per year since January 2018, according to a new report.The findings come from an August 2 report sent to Cryptox by technology investment firm Telstra Ventures, which found that Solana had

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