Starknet

Foundation

Chainlink

James

<p class="is-style-lead">The Starknet Foundation has announced that Diego Oliva, who has served as the chief executive officer since March 2023, is stepping down.</p> 
<p>The Starknet Foundation, responsible for developing Starknet (<a href="https://crypto.news/price/starknet/">STRK</a>), a zero-knowledge powered layer-2 scaling solution for Ethereum (<a href="https://crypto.news/price/ethereum/">ETH</a>), revealed the impending leadership change via an <a href="https://www.starknet.io/blog/leadership-transition-at-starknet-foundation/" target="_blank" rel="">announcement</a> on Aug. 6.</p> 
<h2 class="wp-block-heading" id="starknet-foundation-s-first-ceo-to-step-down">Starknet Foundation’s first CEO to step down</h2> 
<p>Diego Oliva will step down after leading the Starknet Foundation as its first CEO since March 2023. The outgoing chief executive departs having established a strong team and structure for the Foundation.</p> 
<p>“Under Diego’s leadership, the Foundation itself has executed on the Provisions project, and jump-started multiple ecosystem development projects such as <a href="https://crypto.news/starknet-allocates-additional-50-million-strk-to-defi-program/">DeFi Spring</a>, Seed Grants and the Catalyst and Propulsion programs,” the announcement continued.</p> 
<p>James Strudwick will assume the role of executive director and continue Starknet’s growth and adoption. Diego will remain at the Foundation for the next month to help ensure a smooth transition and that platform activities continue uninterrupted. Strudwick has been with the SNF since January 2024, initially as head of ecosystem growth.</p> 
<p> You might also like: <a href="https://crypto.news/ryan-selkis-steps-down-as-messari-ceo-following-twitter-storm/"> Ryan Selkis steps down as Messari CEO following Twitter storm </a> </p> 
<h2 class="wp-block-heading" id="starknet-seeing-growth">Starknet seeing growth</h2> 
<p>Starknet completed its <a href="https://crypto.news/starknet-strk-trading-airdrop/">STRK airdrop</a> earlier this year and recently <a href="https://crypto.news/starknet-to-scale-bitcoin-without-forking-or-making-new-token-starkware-says/">announced plans to scale Bitcoin</a> using STARK technology. StarkWare noted that success will see Starknet become the first Layer 2 network to achieve simultaneous settlement and scaling for both Ethereum and Bitcoin.</p> 
<p>Additionally, Starknet has integrated both Chainlink and Pyth oracles as the ZK rollup network aims to tap into the growing decentralized applications ecosystem.</p> 
<p> Read more: <a href="https://crypto.news/starknet-token-staking-to-start-by-the-end-of-2024/"> Starknet token staking to start by the end of 2024 </a> </p>

Starknet Foundation CEO Diego Oliva to step down

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