PANews February 26 News, according to the official blog, Starknet announced the launch of a new wrapped asset, strkBTC, designed to provide optional privacy protection for Bitcoin. strkBTC is an asset issued on Starknet that can be exchanged bidirectionally with native Bitcoin, aiming to address privacy leaks caused by Bitcoin’s transparent ledger.
strkBTC supports two modes: in “non-shielded mode,” it operates as a standard ERC-20 token with publicly visible balances and transfers; in “shielded mode,” the asset balance and transaction details are hidden. This privacy mechanism is based on a pragmatic design, defaulting to confidentiality for the public but supporting compliance auditing through Viewing Keys, ensuring it can operate in regulated environments. With strkBTC, users can participate in DeFi staking or settlement without exposing their positions and strategies. Starknet stated that strkBTC will be officially launched soon and will gradually expand its privacy features in the future.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Strategy plans to sell preferred stock to raise $300 million for increased Bitcoin holdings
Gate News Report, March 9 — Strategy, a company under Michael Saylor, may raise $300 million in the coming weeks by selling preferred shares STRC to purchase more Bitcoin. STRC was launched in July 2025 as a yield-generating financing instrument, maintaining its share price close to a $100 face value through a variable monthly yield, currently offering an annualized return of 11.50%. This instrument has helped Strategy accumulate a Bitcoin holding worth approximately $50 billion.
GateNews7m ago
Starcloud supported by Nvidia announces that it will conduct Bitcoin mining in space this year.
Starcloud announces that later this year it will mine Bitcoin through space mining, becoming the first company to mine outside of Earth. CEO Philip Johnston mentioned that operating ASIC miners in space costs less than GPUs, and this industry is expected to grow rapidly. Starcloud's data center consists of 88,000 solar-powered satellites.
GateNews15m ago
Last week, Bitcoin spot ETF saw a net inflow of $568 million, and BlackRock IBIT had a net inflow of $660 million.
Last week, Bitcoin spot ETF net inflows reached $568 million, with BlackRock's IBIT leading with a weekly net inflow of $660 million, bringing the total historical net inflows to $62.47 billion. Fidelity's FBTC experienced a net outflow of $153 million. The current total net asset value of Bitcoin spot ETFs is $87.07 billion.
GateNews29m ago
Trader pension-usdt.eth 3x long 1,000 BTC, 10 consecutive profits since March 1
Gate News Report, March 9th: According to Lookonchain monitoring, trader pension-usdt.eth opened a 3x leveraged long position on 1,000 BTC, worth $67.26 million, two hours ago. Currently, this trade has an unrealized profit of $970,000. Data shows that this trader has made 10 consecutive profitable trades since March 1st, with no losses, accumulating a total profit of $27.22 million, and a win rate of 85%.
GateNews30m ago
Bitcoin-Tech Stock Correlation Is Overblown, NYDIG
Bitcoin’s recent price action has traced the footsteps of US software equities, driven more by macro liquidity conditions than a lasting structural link to the tech sector. In a note issued on Friday, Greg Cipolaro, NYDIG’s head of research, argued that the visual fit between BTC and software
CryptoBreaking51m ago
Peter Brandt: The potential target price for crude oil futures is $214
Gate News Announcement, March 9th, renowned trader and chart analyst Peter Brandt, who successfully predicted the 2018 Bitcoin crash, released a chart indicating that the potential target price for WTI crude oil futures (international benchmark price) is $214. If this target is reached, it will cause a surge in airline fuel costs, severely impacting profits.
GateNews57m ago
