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JUST IN: StarkWare Cuts Jobs in Reorganization as Starknet Revenue Drops 99% From Peak
Days after unveiling a secure quantum method for bitcoin, a StarkWare researcher was chosen to lead a new applications unit amid declining Layer 2 revenue.
StarkWare is restructuring into two separate business units and reducing staff after revenue on its Starknet network plummeted more than 99% from a peak in late 2023.