Starknet Foundation’s CEO, Diego Oliva, will step down after leading the organization since March 2023, as announced on August 6. Oliva established a solid team and executed key projects such as Provisions, DeFi Spring, Seed Grants, and the Catalyst and Propulsion programs. James Strudwick will take over as executive director to continue Starknet’s growth. Oliva will assist in the transition for the next month. Starknet has made significant strides, including completing a STRK airdrop and plans to scale Bitcoin using STARK technology, becoming the first Layer 2 network for simultaneous settlement and scaling of Ethereum and Bitcoin. The network has also integrated Chainlink and Pyth oracles to enhance its decentralized applications ecosystem.
