Days after unveiling a quantum-safe bitcoin method, a StarkWare researcher was tapped to lead a new applications unit as Layer-2 revenue dries up. StarkWare is restructuring into two independent business units and cutting staff after revenue on its Starknet network fell more than 99% from a late-2023 peak. CEO Eli Ben-Sasson told employees the company will pivot from a pure Ethereum-scaling infrastructure focus to building in-house, revenue-generating products that competitors cannot easily rep…
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