🚀 Nostra Halts Borrowing for Liquid Staking Tokens Amid Price Feed Issue
#Nostra #Starknet #DeFi #LendingProtocol #LiquidStaking #xSTRK #sSTRK #PriceFeed #Cryptocurrency #Ethereum #STRK
According to Cointelegraph, Nostra, a lending protocol on Starknet, has temporarily suspended borrowing for two liquid staking tokens due to a critical issue with its price feeds. On March 24, Nostra identified errors in its price feed that inflated the reported prices of xSTRK and sSTRK, two liquid staking derivatives of Starknet's native STRK token, to nearly three times their actual value. This discrepancy could have led to unnecessary liquidations of otherwise secure positions, potentially affecting users with healthy positions.
In response to the issue, Nostra has disabled further borrowing against xSTRK and sSTRK collateral deposits. The protocol has advised users with existing deposits of these tokens to withdraw their collateral immediately. Nostra acknowledged the absence of a secondary oracle to support these assets, which limits their ability to prevent similar incidents in the future. The protocol emphasized its commitment to safeguarding user funds, stating that without a fallback oracle, the risks outweigh the benefits.
Starknet, a layer-2 scaling chain of Ethereum secured by zero-knowledge proofs, launched its mainnet in late 2021. It currently has a total value locked (TVL) of approximately $575 million, according to data from L2Beat. Nostra, one of the larger DeFi projects on Starknet, has a TVL of around $55 million. The protocol allows users to post collateral in one token to borrow another, with popular collateral options including Ether, STRK, and stablecoins like USDC and Tether.
STRK is designed to be staked in exchange for a portion of the network's fee revenues. The liquid staking tokens xSTRK and sSTRK are issued by independent DeFi protocols Endur and Nimbura, respectively. Nostra's recent actions highlight the challenges faced by DeFi protocols in maintaining accurate price feeds and the importance of having robust systems in place to protect user assets.#Nostra #Starknet #DeFi #LendingProtocol #LiquidStaking #xSTRK #sSTRK #PriceFeed #Cryptocurrency #Ethereum #STRK
🚀 MicroStrategy Executives Invest in New Preferred Stock Offering
#MicroStrategy #PreferredStock #Investments #Executives #StockMarket #Finance #AnnualYield #STRK #STRF #ConvertibleStock
According to PANews, three executives from MicroStrategy have recently subscribed to the company's newly issued preferred stock, priced at $85 with an annual yield of approximately 11.75%. This yield is significantly higher than the company's existing convertible preferred stock, STRK, which offers a 9.2% yield. The latest issuance has raised a total of $711 million, and the new stock is listed under the code STRF. Notably, these shares are not convertible into common stock. It is important to highlight that since 2022, the company's executives have not increased their holdings of common stock.#MicroStrategy #PreferredStock #Investments #Executives #StockMarket #Finance #AnnualYield #STRK #STRF #ConvertibleStock
🚀 MicroStrategy Faces Challenges in Bitcoin Acquisition Strategy
#MicroStrategy #Bitcoin #BTC #StockMarket #Investment #FinancialStrategy #ConvertibleSecurities #ShareIssuance #MarketTrends #AnalystInsights #STRK
According to CoinDesk, MicroStrategy's (MSTR) aggressive acquisition of bitcoin (BTC) has propelled its shares to increase by over 2,500% in the past five years. However, analyst Gus Gala from Monness Crespi has expressed concerns that this trend may reverse. Gala recently downgraded MicroStrategy's stock to sell, just two weeks after initially rating it as neutral. He cited a growing confidence that the company's convertible issuance strategy might be exhausted.
MicroStrategy currently holds 528,185 BTC on its balance sheet and has been consistently purchasing large amounts of bitcoin weekly, primarily funded through common share issuance and sales of its initial preferred series STRK. Gala's price target for MicroStrategy is set at $220, indicating a potential downside of nearly 30% from its current price, which is around $300.
Gala highlighted the increasing difficulty MicroStrategy may face in raising funds to purchase bitcoin through share issuance, suggesting a shift towards fixed income vehicles might be necessary. He warned that if fixed income securities do not become a larger part of the company's issuance strategy, its BTC treasury approach could face significant challenges. Gala also pointed out that MicroStrategy has already utilized $18.6 billion of its $21 billion common share at-the-market offering. Additionally, the company raised $711 million last week through STRF, its second series of preferred stock.#MicroStrategy #Bitcoin #BTC #StockMarket #Investment #FinancialStrategy #ConvertibleSecurities #ShareIssuance #MarketTrends #AnalystInsights #STRK
🚀 Strategy Reports First Quarter Financial Results Amid Bitcoin Price Decline
#Strategy #FinancialResults #Bitcoin #Impairment #Revenue #StockTransaction #BitcoinYield #StockPrice #FiscalYear2025 #BTC #STRK
According to Foresight News, Strategy has released its financial results for the first quarter of the 2025 fiscal year. The company reported a $5.9 billion impairment on its Bitcoin reserves due to a decline in Bitcoin prices. Despite this, Strategy achieved approximately $4.1 billion in Bitcoin revenue, with a Bitcoin yield of 11.0%.
In the same quarter, Strategy successfully executed a $21 billion common stock ATM transaction, adding 301,335 Bitcoins to its balance sheet. Additionally, the company's stock price increased by 50% during this period. In March 2025, Strategy issued and sold up to $21 billion worth of STRK stock. As of April 28, 2025, approximately $20.9 billion remains available under the STRK ATM.#Strategy #FinancialResults #Bitcoin #Impairment #Revenue #StockTransaction #BitcoinYield #StockPrice #FiscalYear2025 #BTC #STRK
🚀 🔥 Bitcoin News Today: Strategy Adds $1.34B in Bitcoin as Holdings Top 568K BTC, Yield Hits 15.5% 🔥
#Bitcoin #BTC #MichaelSaylor #Strategy #Yield #Investment #Crypto #BullMarket #ETFs #MarketMomentum #STRK
Michael Saylor’s firm surpasses 2025 Bitcoin yield target as BTC reclaims $100KMichael Saylor’s Strategy has added another 13,390 BTC to its balance sheet, spending $1.34 billion between May 5 and May 11, according to a filing with the U.S. Securities and Exchange Commission (SEC) published on May 12. The move comes as Bitcoin (BTC) reclaimed the $100,000 milestone on May 8, trading at $104,491 at the time of writing.Key Highlights:Strategy purchased 13,390 BTC at an average price of $99,856Total BTC holdings now at 568,840 BTC, up 2.4%Cumulative investment: $39.4 billion at an average of $69,287 per coinBTC yield has hit 15.5%, exceeding Strategy’s original 2025 targetNew yield target raised to 25% in May 2025Strategy Breaks Past 2025 Yield TargetThe recent purchase pushed Strategy’s BTC yield—a proprietary metric based on BTC held per diluted share—up to 15.5%, surpassing its previous 15% target for 2025.“We’ve reached our 2025 BTC yield goal,”said Michael Saylor in a May 12 post on X (formerly Twitter).Following a 74% BTC yield in 2024, the firm has now raised its 2025 target to 25%, underscoring its long-term commitment to Bitcoin accumulation.Critics Raise Red Flags on Aggressive BTC StrategyDespite the bullish achievement, longtime Bitcoin critic Peter Schiff renewed his skepticism. Responding to Saylor’s post, Schiff warned that:“Your next buy will likely push your average cost above $70,000. A price drop will push BTC below your cost basis — not good considering how much debt you used.”Schiff’s comments reference Strategy’s plan to raise $84 billion—split evenly between equity and fixed-income offerings—to fund continued Bitcoin purchases, a strategy some consider high-risk.Bitcoin Price Momentum Supports Strategy’s TimingWith Bitcoin trading near $104,000, Strategy’s timing appears to align with strong market momentum, supported by:Institutional ETF inflowsU.S.–China trade de-escalationAnticipated U.S. tax relief packageTechnical breakout signals, including a possible bull flag targeting $150K#Bitcoin #BTC #MichaelSaylor #Strategy #Yield #Investment #Crypto #BullMarket #ETFs #MarketMomentum #STRK
🚀 Strategy's Convertible Preferred Stock Outperforms Bitcoin and S&P 500
#Strategy #ConvertiblePreferredStock #Bitcoin #SP500 #Investment #Finance #Diversification #StockMarket #ReturnOnInvestment #BTC #STRK
According to Odaily, Strategy, formerly known as MicroStrategy, has seen its perpetual convertible preferred stock, STRK, rise by 16% since its issuance on February 10, 2025. This performance surpasses the 10% increase in Bitcoin and the 2% decline in the S&P 500 index over the same period. The company recently raised $59.7 million through its weekly at-the-market (ATM) offering program, marking the highest single-week record since the program's inception. The funds are being used to further increase its Bitcoin holdings, which now total 576,230 BTC, with an annualized return of 16.3%. STRK currently offers an effective yield of 8.1% and has a low correlation with Strategy's common stock (MSTR), providing investors with diversified market exposure.#Strategy #ConvertiblePreferredStock #Bitcoin #SP500 #Investment #Finance #Diversification #StockMarket #ReturnOnInvestment #BTC #STRK
🚀 Strategy's Bitcoin Purchase Funded by Preferred Stock Sales
#Strategy #Bitcoin #PreferredStock #SEC #MSTR #STRK #STRF #Investment #BTC
According to Odaily, recent filings with the U.S. Securities and Exchange Commission (SEC) reveal that Strategy did not sell MSTR stock to finance its recent $110 million Bitcoin acquisition. The funding for this purchase was entirely sourced from the market sales of two preferred stocks, STRK and STRF.#Strategy #Bitcoin #PreferredStock #SEC #MSTR #STRK #STRF #Investment #BTC
🚀 Key Developments in Web3 and Global Economic Policies Expected in July
#Web3 #GlobalEconomicPolicies #BlockchainDevelopment #RegulatoryChallenges #CryptocurrencyMarket #InterestRateDecision #MarketVolatility #SUI #APT #STRK #JTO
According to PANews, July is set to be a pivotal month for the Web3 sector, with significant intersections between macroeconomic trends and blockchain developments. Global central bank leaders are scheduled to engage in panel discussions, potentially signaling future policy directions. Meanwhile, Tornado Cash developer Roman Storm is set to appear in court, marking an escalation in regulatory challenges.
Towards the end of the month, the Federal Reserve's FOMC interest rate decision and a press conference by U.S. President Donald Trump are anticipated to influence the cryptocurrency market. Additionally, major projects such as SUI, APT, STRK, and JTO are expected to undergo substantial unlocks, which could lead to market volatility.
These events highlight the importance of monitoring the evolving dynamics within the Web3 space and the broader economic landscape throughout July.#Web3 #GlobalEconomicPolicies #BlockchainDevelopment #RegulatoryChallenges #CryptocurrencyMarket #InterestRateDecision #MarketVolatility #SUI #APT #STRK #JTO
🚀 Legal Action Initiated Against Strategy Over Bitcoin Investment Claims
#LegalAction #ClassActionLawsuit #BitcoinInvestment #StrategyIncorporated #MSTR #STRK #STRF #InvestorClaims #MisleadingStatements
According to Odaily, Portnoy Law Firm has filed a class action lawsuit against Strategy Incorporated, listed on Nasdaq under the ticker symbols MSTR, STRK, and STRF. The lawsuit represents investors who purchased the company's securities between April 30, 2024, and April 4, 2025. The legal action alleges that Strategy exaggerated the expected profitability of its Bitcoin investment strategy while underestimating associated risks.
Previously, renowned U.S. law firms Frank R. Cruz and Pomerantz also announced class action lawsuits against Strategy Incorporated. These lawsuits similarly accuse the company of issuing misleading statements to investors during the same period.#LegalAction #ClassActionLawsuit #BitcoinInvestment #StrategyIncorporated #MSTR #STRK #STRF #InvestorClaims #MisleadingStatements
🚀 zkLend Announces STRK Redemption Process Completion
#zklend #strk #kstrk #redemption #withdrawal #21day #recoveryportal #stakingportal #voyager #endurfi #starknet #layer2 #unstaking #STRK
According to PANews, zkLend, a Layer 2 native currency market protocol based on Starknet, has announced the completion of the kSTRK redemption and withdrawal process. The 21-day unstaking period has concluded, allowing most kSTRK holders to withdraw STRK from the zkLend staking portal.
For those who have not yet claimed kSTRK from the Recovery Portal, users must unstake and wait 21 days to convert it to STRK. The Recovery Portal will remain open for the next six months.
Users who staked directly with zkLend validators through Voyager or Endurfi must manually unstake or delegate to other validators. However, this process does not apply to the exit queue.#zklend #strk #kstrk #redemption #withdrawal #21day #recoveryportal #stakingportal #voyager #endurfi #starknet #layer2 #unstaking #STRK
🚀 Cryptocurrency Market Sees Mixed Performance with Notable Gains and Losses
#cryptocurrency #marketperformance #gains #losses #AR #SATS #AAVE #ILV #GLM #STRK #FET #RON #AEVO #ZK
According to PANews, several cryptocurrencies have experienced significant fluctuations in their market value. Leading the gains, AR is currently priced at $3.94, reflecting a 3.47% increase. SATS follows with a price of $0.0000000178, marking a 3.24% rise. AAVE is trading at $168.33, up by 1.99%, while ILV is at $7.35, showing a 1.41% increase. GLM rounds out the top gainers with a price of $0.198, up by 1.02%.
Conversely, some tokens have seen notable declines. STRK is priced at $0.147, experiencing a 5.26% drop. FET is trading at $0.274, down by 5.08%. RON has decreased by 3.78%, with a current price of $0.185. AEVO is priced at $0.047, reflecting a 2.79% decline, and ZK is at $0.0380, also down by 2.79%.#cryptocurrency #marketperformance #gains #losses #AR #SATS #AAVE #ILV #GLM #STRK #FET #RON #AEVO #ZK
🚀 Significant STRK Transfer from Starknet to L1 StarkGate Bridge
#STRK #Starknet #L1 #StarkGate #crypto #tokentransfer #Arkham #blockchain #cryptocurrency
According to ChainCatcher, data from Arkham indicates that at 16:46, 35 million STRK tokens, valued at approximately $4.8 million, were transferred from Starknet to the L1 StarkGate STRK Bridge.#STRK #Starknet #L1 #StarkGate #crypto #tokentransfer #Arkham #blockchain #cryptocurrency
🚀 StarkWare CEO and Michael Saylor Discuss Bitcoin's Future and Privacy Concerns
#StarkWare #CEO #MichaelSaylor #Bitcoin #Privacy #Zcash #Starknet #OP_CAT #Blockchain #Crypto #Cryptocurrency #PrivacyConcerns #BTC #ZEC #STRK
According to PANews, StarkWare CEO and Zcash co-founder Eli Ben-Sasson recently shared insights from his first conversation with Strategy founder and executive chairman Michael Saylor on the X platform. The discussion centered on Starknet's mission to advance the Bitcoin economy and the topic of privacy.
Saylor expressed his belief that Bitcoin should not incorporate privacy features similar to those of Zcash, as this could provide sovereign states with a reason to ban it. Ben-Sasson disagreed, suggesting that it is possible to balance privacy protection while allowing key visibility.
The conversation also touched on OP_CAT, with Saylor expressing concerns about making changes too rapidly. Ben-Sasson countered this view, arguing that OP_CAT has been extensively debated and researched over the past decade, and further delays are unnecessary.#StarkWare #CEO #MichaelSaylor #Bitcoin #Privacy #Zcash #Starknet #OP_CAT #Blockchain #Crypto #Cryptocurrency #PrivacyConcerns #BTC #ZEC #STRK
🚀 Starknet to Deploy Latest Version with Temporary Downtime
#Starknet #Ethereum #Layer2 #v0.14.1 #mainnet #downtime #maintenance #BLAKE #hashfunction #SNIP34 #blockclosure #STRK #ETH
According to ChainCatcher, Ethereum Layer 2 network Starknet announced on the X platform that its latest version, v0.14.1, will be deployed to the Starknet mainnet in a few hours. As part of this upgrade, the Starknet network is expected to undergo a brief maintenance downtime around 08:30 UTC (16:30 Beijing time), during which transactions on the mainnet will be temporarily halted.
The new version will enable faster block closure during periods of low activity and will implement the BLAKE hash function (SNIP-34).#Starknet #Ethereum #Layer2 #v0.14.1 #mainnet #downtime #maintenance #BLAKE #hashfunction #SNIP34 #blockclosure #STRK #ETH
🚀 Starknet Experiences Outage, Team Works to Restore Services
#Starknet #Outage #PANews #XPlatform #TechIssues #ServiceRestoration #STRK
According to PANews, Starknet announced on the X platform that it is currently experiencing an outage. The team is actively investigating the issue and is working diligently to restore all functionalities as soon as possible.#Starknet #Outage #PANews #XPlatform #TechIssues #ServiceRestoration #STRK
🚀 Starknet Faces Mainnet Disruption Amid Ongoing Reliability Concerns
#Starknet #Ethereum #ZKRollups #Layer2 #MainnetDisruption #Blockchain #Crypto #DecentralizedFinance #SmartContracts #STRK #Outage #ReliabilityConcerns #Grinta #EthereumSecurity #CryptoNews #2025 #ETH
According to Cointelegraph, Starknet, a prominent Ethereum layer-2 network utilizing zero-knowledge (ZK) rollups, is encountering new mainnet disruptions as the project progresses into 2026. The Starknet team announced via an X post that the network was experiencing downtime, with engineers actively investigating the issue to restore full functionality swiftly. However, the root cause of the disruption was not immediately disclosed. At the time of reporting, the network had been down for over two hours.
Starknet operates as a ZK-rollup-based layer-2 solution, designed to batch transactions off-chain and submit cryptographic proofs to Ethereum. This approach aims to enhance throughput and reduce fees for smart contracts, decentralized finance, and gaming applications, while maintaining Ethereum's base-layer security. Despite the current network disruption, the STRK token price remained stable.
The recent incident is not isolated, as Starknet has faced a series of outages throughout 2025, raising concerns about its reliability. In September, a significant upgrade named Grinta (v0.14.0) resulted in prolonged mainnet disruption, halting block production and necessitating two chain reorganizations. This led to approximately an hour of activity being reverted and required users to resubmit affected transactions. Earlier in 2025, Starknet experienced a multi-hour outage linked to sequencer issues, with external trackers documenting several instances of slow or halted block creation during the year.
A Starknet incident report regarding the September event detailed that the Grinta-related downtime lasted around nine hours. The report identified a sequence of issues, including failures in Ethereum RPC providers and bugs affecting sequencer behavior, which prompted the team to commit to architectural changes and enhanced monitoring. A representative from Starknet informed Cointelegraph that efforts are underway to resolve the current incident.#Starknet #Ethereum #ZKRollups #Layer2 #MainnetDisruption #Blockchain #Crypto #DecentralizedFinance #SmartContracts #STRK #Outage #ReliabilityConcerns #Grinta #EthereumSecurity #CryptoNews #2025 #ETH
🚀 Starknet Releases Analysis on Recent Mainnet Outage
#Starknet #Ethereum #Layer2 #MainnetOutage #StateInconsistency #ExecutionLayer #ProofLayer #CrossFunctionCalls #Rollbacks #TransactionErrors #L1Finality #BlockReorganization #OnChainActivity #Downtime #Blockchain #Crypto #STRK
According to BlockBeats, Ethereum Layer 2 network Starknet has released an analysis report regarding the brief mainnet outage that occurred on January 11. The report identifies the cause of the incident as a state inconsistency between the execution layer (blockifier) and the proof layer. This inconsistency arose from a specific combination of cross-function calls and rollbacks, leading the execution layer to incorrectly record a rolled-back state, resulting in transaction execution errors. The affected transactions did not receive L1 finality confirmation.
The incident triggered a block reorganization, causing approximately 18 minutes of on-chain activity to be rolled back. This marks the second major disruption since 2025, with a previous outage in September caused by a sequencer vulnerability that led to over five hours of downtime and a rollback of about one hour of on-chain activity.#Starknet #Ethereum #Layer2 #MainnetOutage #StateInconsistency #ExecutionLayer #ProofLayer #CrossFunctionCalls #Rollbacks #TransactionErrors #L1Finality #BlockReorganization #OnChainActivity #Downtime #Blockchain #Crypto #STRK
🚀 Solana Highlights Starknet's Market Valuation Despite Low Activity
#Solana #Starknet #MarketValuation #Blockchain #Cryptocurrency #DailyActiveUsers #Transactions #MarketCapitalization #FDV #SOL #STRK
According to Odaily, Solana recently commented on X platform about Starknet's market performance. The post noted that Starknet has only 8 daily active users and records merely 10 transactions per day. Despite this low level of activity, Starknet maintains a market capitalization of $1 billion and a fully diluted valuation (FDV) of $15 billion.#Solana #Starknet #MarketValuation #Blockchain #Cryptocurrency #DailyActiveUsers #Transactions #MarketCapitalization #FDV #SOL #STRK
🚀 Starknet Token STRK Launches on Solana Network via Near
#Starknet #STRK #Solana #Near #ChainCatcher #Xplatform #SOL #NEAR
According to ChainCatcher, Solana's official account announced on the X platform that the Starknet token STRK has been successfully launched on the Solana network through Near.#Starknet #STRK #Solana #Near #ChainCatcher #Xplatform #SOL #NEAR
🚀 BlackRock ETF Reveals $471 Million Investment in Bitcoin Treasury Stocks
#BlackRock #ETF #Bitcoin #Investment #TreasuryStocks #STRC #STRF #STRK #STRD #PANews #BTC
According to PANews, BlackRock's iShares Preferred and Income Securities ETF has disclosed its holdings in Bitcoin Treasury company Strategy's stocks, including STRC, STRF, STRK, and STRD, valued at $471 million. This investment represents 3.3% of the ETF's total size, as reported by BitcoinTreasuries.NET.#BlackRock #ETF #Bitcoin #Investment #TreasuryStocks #STRC #STRF #STRK #STRD #PANews #BTC