Invest In Crypto News
  • Home
  • Latest News
    • Bitcoin News
    • Altcoin News
    • Ethereum News
    • Blockchain News
    • Doge News
    • NFT News
    • Video
    • Market Analysis
    • Business
    • Finance
    • Politics
    • Mining
    • Regulation
    • Technology
  • Top 10 Cryptos
  • Market Cap List
  • IC DAO
  • Donations
  • Contact
  • Buy Crypto
  • IC DAO
No Result
View All Result
Invest In Crypto News
  • Home
  • Latest News
    • Bitcoin News
    • Altcoin News
    • Ethereum News
    • Blockchain News
    • Doge News
    • NFT News
    • Video
    • Market Analysis
    • Business
    • Finance
    • Politics
    • Mining
    • Regulation
    • Technology
  • Top 10 Cryptos
  • Market Cap List
  • IC DAO
  • Donations
  • Contact
  • Buy Crypto
  • IC DAO
No Result
View All Result
Invest In Crypto News
No Result
View All Result

StarkWare downsizes workforce as it pivots from infrastructure to product-driven strategy

CryptoExpert by CryptoExpert
April 13, 2026
in Business
0
StarkWare downsizes workforce as it pivots from infrastructure to product-driven strategy
  • Facebook
  • Twitter
  • Pinterest


You might also like

US Lawmakers Push Permanent CBDC Ban in Housing Bill Debate

Odds against Interest Rate Cuts High as New US Fed Chair to be Sworn in

UK Proposes Near-24/7 Settlement to Prepare Markets for Tokenization

StarkWare is laying off staff and restructuring its operations as the firm pivots from infrastructure toward building its own revenue-generating products, co-founder Eli Ben-Sasson announced in a social post on Monday.

I am sharing here a message I shared with the StarkWare team following things I said at an All Hands meeting:

========StarkWare is adapting its strategy, with a clear goal – to lead blockchain.

So far, we’ve secured our position as technology leaders: we built the best ZK…

— Eli Ben-Sasson | Starknet.io (@EliBenSasson) April 13, 2026

The blockchain company, which pioneered ZK-STARK technology for off-chain computation and on-chain verification, is shifting into a leaner product-focused firm building high-value, revenue-generating applications on its proprietary stack.

Ben-Sasson described the move as necessary to return the company to a “startup mode” mindset and improve product-market fit. He did not disclose the number of layoffs.

“We built the best, safest, most battle-tested ZK tech in blockchain. We’ve redefined blockchain using our technology, but that’s not enough,” Ben-Sasson said. “I’m anticipating with confidence our next chapter, in which we use it to advance exciting novel products that generate revenue and which cannot be built on other blockchains today.”

StarkWare will reorganize into two independently run business units, one centered on monetizable applications and the other on Starknet development. Each unit will oversee its own engineering, product, business development, and go-to-market operations.

Phemex

StarkWare was founded in 2018 by a team that included some of the original inventors of STARK technology, building on decades of academic cryptographic research.

In May 2022, the team announced a $100 million funding round that raised its valuation to $8 billion, more than quadrupling its prior $2 billion valuation in late 2021.

The Ethereum scaling company, backed by investors including Greenoaks Capital, Coatue, and Tiger Global, uses STARK-based zero-knowledge rollups to improve scalability and reduce gas costs while supporting high-usage applications and building StarkNet as a broader developer platform.

Disclosure: This article was edited by Vivian Nguyen. For more information on how we create and review content, see our Editorial Policy.



Source link

  • Facebook
  • Twitter
  • Pinterest
Tags: Ethereum
CryptoExpert

CryptoExpert

Recommended For You

US Lawmakers Push Permanent CBDC Ban in Housing Bill Debate

by CryptoExpert
May 19, 2026
0
Cointelegraph

A pair of Republican lawmakers is calling for a permanent ban on a US central bank digital currency (CBDC) to be enshrined in the 21st Century ROAD to...

Read more

Odds against Interest Rate Cuts High as New US Fed Chair to be Sworn in

by CryptoExpert
May 19, 2026
0
Cointelegraph

Kevin Warsh is set to be sworn in as the next chair of the US Federal Reserve Board of Governors on Friday amid speculation about whether he'll do...

Read more

UK Proposes Near-24/7 Settlement to Prepare Markets for Tokenization

by CryptoExpert
May 18, 2026
0
Cointelegraph

The Bank of England on Monday proposed extending operating hours for its core settlement infrastructure toward near-24/7 availability, part of a broader push with the Financial Conduct Authority...

Read more

Senate Crypto Bill Might Pass as Late as August: NYDIG

by CryptoExpert
May 18, 2026
0
Senate Crypto Bill Might Pass as Late as August: NYDIG

The US Senate’s crypto market structure bill could take until August to pass and risks not advancing at all if lawmakers cannot pass it before the midterms, said...

Read more

Ex-Celsius Exec Sentenced to Time Served after Guilty Plea

by CryptoExpert
May 18, 2026
0
Cointelegraph

A US federal judge has sentenced the former chief revenue officer of defunct cryptocurrency lending platform Celsius to time served after almost three years following his arrest on...

Read more
Next Post
Trump's Crypto Declaration (Banks Are Done)

Trump's Crypto Declaration (Banks Are Done)

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Browse by Category

  • Altcoin News
  • Bitcoin News
  • Blockchain News
  • Business
  • Doge News
  • Ethereum News
  • Finance
  • Market Analysis
  • Mining
  • NFT News
  • Politics
  • Regulation
  • Technology
  • Trending Cryptos
  • Video

Sitemap

  • Market Cap
  • Donations
  • Trading
  • Mining
  • Contact

Legal Information

  • Privacy Policy
  • Anti-Spam Policy
  • Copyright Notice
  • DMCA Compliance
  • Social Media Disclaimer
  • Terms Of Service

Categories

  • Altcoin News
  • Bitcoin News
  • Blockchain News
  • Business
  • Doge News
  • Ethereum News
  • Finance
  • Market Analysis
  • Mining
  • NFT News
  • Politics
  • Regulation
  • Technology
  • Trending Cryptos
  • Video

© Copyright 2024 InvestInCryptoNews.com

No Result
View All Result
  • Home
  • Latest News
    • Bitcoin News
    • Altcoin News
    • Ethereum News
    • Blockchain News
    • Doge News
    • NFT News
    • Video
    • Market Analysis
    • Business
    • Finance
    • Politics
    • Mining
    • Regulation
    • Technology
  • Top 10 Cryptos
  • Market Cap List
  • IC DAO
  • Donations
  • Contact
  • Buy Crypto
  • IC DAO

© Copyright 2024 InvestInCryptoNews.com

This website is using cookies to improve the user-friendliness. You agree by using the website further.

Privacy policy
bitcoin
Bitcoin (BTC) $ 76,781.00
ethereum
Ethereum (ETH) $ 2,115.38
tether
Tether (USDT) $ 0.999111
bnb
BNB (BNB) $ 640.35
xrp
XRP (XRP) $ 1.37
usd-coin
USDC (USDC) $ 0.999807
solana
Solana (SOL) $ 84.56
tron
TRON (TRX) $ 0.355286
figure-heloc
Figure Heloc (FIGR_HELOC) $ 1.04
staked-ether
Lido Staked Ether (STETH) $ 2,265.05

Pin It on Pinterest

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?