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Starknet staking will hit mainnet in Q4

During the Ethereum Community Conference (ETHCC), StarkWare has announced plans to launch the mainnet for StarkNet staking in the fourth quarter of this year. This development marks a significant milestone for the blockchain scalability solution provider, aiming to enhance the functionality and adoption of decentralized applications (dApps) on Ethereum.

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During the Ethereum Community Conference (ETHCC), StarkWare has announced plans to launch the mainnet for StarkNet staking in the fourth quarter of this year. This development marks a significant milestone for the blockchain scalability solution provider, aiming to enhance the functionality and adoption of decentralized applications (dApps) on Ethereum.

StarkWare’s StarkNet has gained attention for its innovative approach to scaling Ethereum through zero-knowledge technology, promising improved transaction throughput and reduced costs. The upcoming mainnet release is anticipated to enable users to stake tokens, participate in network governance, and earn rewards, thereby contributing to the security and decentralization of the network.

The announcement at ETHCC underscores StarkWare’s commitment to advancing blockchain scalability solutions and supporting Ethereum’s transition to Ethereum 2.0. By introducing staking capabilities on StarkNet, the platform aims to empower developers and users to build and interact with dApps more efficiently, while leveraging the benefits of Ethereum’s decentralized ecosystem.

StarkWare’s initiative aligns with broader efforts within the Ethereum community to address scalability challenges and enhance the platform’s capabilities for handling a diverse range of decentralized applications. The anticipated launch of StarkNet staking in Q4 signifies a pivotal moment in the evolution of Ethereum’s infrastructure and highlights ongoing innovations in blockchain technology.

As the Ethereum ecosystem continues to evolve, stakeholders and developers are eagerly anticipating the rollout of StarkNet’s mainnet staking, poised to contribute to Ethereum’s growth and adoption as a leading blockchain platform. The integration of staking functionality is expected to further incentivize participation in network security and governance, reinforcing Ethereum’s position as a pioneering force in decentralized finance and beyond.

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Bitcoin price risks drop to $71K as Trump tariffs hurt US business outlook

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Bitcoin is setting its sights on the $71,000 mark as market conditions shift in response to geopolitical and economic developments, including a new tariff agreement and weakening U.S. business sentiment.

Recent market activity suggests that Bitcoin is benefiting from concerns over traditional economic indicators, with investors turning to digital assets as a hedge against economic uncertainty. A rare slump in U.S. business outlook has fueled speculation that risk assets, including Bitcoin, could see increased inflows.

Additionally, ongoing global trade negotiations and tariff adjustments have contributed to market volatility, prompting investors to seek alternative stores of value. Analysts suggest that if macroeconomic pressures persist, Bitcoin could continue its upward trajectory, potentially testing the $71,000 resistance level.

Despite short-term fluctuations, Bitcoin remains a focal point for investors navigating inflation concerns, regulatory shifts, and global economic trends. The coming weeks will be critical in determining whether Bitcoin can sustain its momentum and break through key price barriers.

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Crypto donations top $1B in 2024, gain traction after Myanmar, Thailand quake

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Changpeng “CZ” Zhao, the former CEO of Binance, has donated 1,000 BNB to aid relief efforts following a powerful earthquake that struck the Thailand-Myanmar border region. The donation, valued at approximately $600,000, aims to support those affected by the disaster and assist in recovery operations.

The earthquake caused significant damage in several areas, displacing residents and impacting local infrastructure. CZ’s contribution highlights the growing role of cryptocurrency in humanitarian aid, providing fast and transparent relief funding.

The donation will be distributed to organizations working on the ground to deliver emergency assistance, including shelter, food, and medical supplies. Crypto-based aid is increasingly being utilized in disaster response efforts due to its efficiency in reaching affected communities without the delays of traditional banking systems.

As the affected regions begin the recovery process, the crypto community continues to demonstrate how blockchain technology can play a meaningful role in global humanitarian initiatives.

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Hackers are selling counterfeit phones with crypto-stealing malware

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Security researchers have uncovered a wave of counterfeit Android devices preloaded with malware designed to steal cryptocurrency, posing a significant threat to users worldwide. The infected devices, which mimic popular smartphone brands, contain malicious software capable of hijacking digital wallets and siphoning funds.

The malware, embedded at the firmware level, allows attackers to gain remote access, intercept sensitive data, and execute unauthorized transactions. Because the malicious code is deeply integrated into the device’s operating system, it is difficult to detect and remove, making it a persistent threat.

Cybersecurity experts warn that unsuspecting buyers may unknowingly expose their crypto holdings to risk by purchasing these compromised devices from unverified sellers. Users are urged to exercise caution by only purchasing smartphones from trusted retailers and manufacturers.

The discovery highlights the growing sophistication of cybercriminals targeting the cryptocurrency sector. As mobile-based crypto transactions become more common, security measures such as hardware wallet usage and multi-factor authentication are increasingly essential to safeguard digital assets from emerging threats.

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