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Starknet, Layer-2 Chain on Ethereum, to Open Staking By End of Year
Layer-2 network Starknet will open staking on its ecosystem by the end of 2024, the developer firm StarkWare shared on Wednesday. The news was announced at the Ethereum Community Conference in Brussels, Belgium, by the company’s CEO Eli Ben-Sasson. Ben-Sasson submitted a Starknet Improvement Proposal to the community which suggests that users can choose whether they would like to become a staker, with rewards for participation to be proportional to the amount of STRK tokens staked. Stakers will have to lock their tokens for a 21-day period before being allowed to withdraw their funds, according to a press release shared with CoinDesk. If the proposal is approved by the community, a testnet for staking on Starknet will go out soon, with staking coming to mainnet by the last quarter of 2024.
Wallets Linked to Global Scams on Cambodia's Huione Guarantee Collect $11 Billion: Report
Huione Guarantee, a Cambodian online financial platform linked to the nation's ruling family, is a marketplace enabling the global scam economy, particularly pig-butchering scams, to the tune of $11 billion, a report by Wired alleges.
Trump's New Crypto Enthusiasm Could Help Him Win More Votes: Poll
Former President Donald Trump's recent embrace of cryptocurrency after his long-standing skepticism may win him some votes among reluctant Republicans as he seeks a return to the White House in November, according to an industry-sponsored poll released on Wednesday.
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