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Breaking: StarkWare downsizes staff in restructuring as StarkNet revenue drops 99% from peak
Days after revealing a secure quantum computer method for Bitcoin, a researcher from StarkWare was chosen to lead a new application unit amid declining second-layer revenues.
StarkWare is restructuring into two separate business units and reducing staff after its StarkNet network revenue fell more than 99% from its peak in late 2023.
Days after unveiling a secure quantum method for bitcoin, a StarkWare researcher was chosen to lead a new applications unit amid declining Layer 2 revenue.
StarkWare is restructuring into two separate business units and reducing staff after revenue on its Starknet network plummeted more than 99% from a peak in late 2023.