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
Bitplanet increases its holdings by 35 Bitcoins, reaching a total of 300 Bitcoins.
ChainCatcher News: South Korean listed company Bitplanet (049470.KQ) increased its holdings by 35 Bitcoins, with a total of 300 Bitcoins held. It ranks 77th in the BTC holdings leaderboard.
GateNews14m ago
Bitcoin and Ethereum ETFs have seen over $9 billion outflow in four months! Institutional funds are withdrawing, shaking confidence in the crypto market?
Recently, over $9 billion has flowed out of U.S. spot Bitcoin and Ethereum ETFs, setting a record. The withdrawal of institutional investors indicates increasing market caution, while the prices of Bitcoin and Ethereum have experienced significant pullbacks. This trend shows that ETF capital flows are an important indicator of institutional sentiment. To achieve a price rebound, stable capital inflows are still needed.
GateNews15m ago
Bitcoin "dead" search volume soars! BTC remains in the $62,000 range after dropping 50%, data reveals the real signal
As Bitcoin prices have fallen from the 2025 all-time high to the range of approximately 62,000 to 70,000, market sentiment has become more pessimistic, and related searches have increased. However, on-chain data, network activity, and institutional participation still show resilience. Market analysis indicates that the volatility is mainly influenced by macro liquidity tightening, with institutions believing that the market structure remains stable and investors continue to focus on the impact of geopolitical events on Bitcoin prices.
GateNews16m ago
Strategy raises preferred stock dividend to 11.5% again, Bitcoin holdings surpass 710,000 coins but still face cost pressures
Bitcoin Enterprise Strategy announces an increase in the dividend yield of its preferred stock STRC from 11.25% to 11.50%, positioning it as a short-term high-yield asset. The company plans to reduce common stock financing and increase preferred stock to expand Bitcoin reserves. Despite facing profit pressure, Strategy continues to buy Bitcoin, currently holding 717,722 coins.
GateNews32m ago
The US banking system's unrealized losses reach $306.1 billion, while Bitcoin price remains steady above $66,000.
The US banking system still has a large amount of unrealized securities losses, but the Bitcoin market remains relatively stable with small fluctuations. The FDIC report shows that as of Q4 2025, unrealized securities losses have decreased to $306.1 billion, and three banks are listed as "problem banks." Overall, bank profits are expected to grow, indicating financial stability.
GateNews37m ago
