StarkWare walks back upgrade that locked users’ funds
StarkWare, the company behind the Starknet blockchain, faced backlash after implementing an upgrade that made users’ funds inaccessible. Users took to X (formerly Twitter) to complain that their wallets had been zeroed out unfairly. The issue affected users who did not update their Argent or Braavos wallets in time for the upgrade. StarkWare responded to the frustration by re-enabling the upgrade and allowing users to regain access to their funds. However, it may take some time for the funds to reappear due to technicalities. Earlier this month, users were warned to upgrade their wallets to avoid any issues.
Key Points:
- StarkWare implemented an upgrade that locked users’ funds.
- Users complained on X that their wallets were zeroed out unfairly.
- Users who did not update their wallets in time were affected.
- StarkWare re-enabled the upgrade to restore access to funds.
- It may take time for the funds to reappear due to technicalities.
Hot Take:
StarkWare’s decision to walk back on the upgrade shows the importance of user feedback and responsiveness in the crypto industry. It is crucial for companies to listen to their users and address their concerns promptly to maintain trust and credibility.
By
By
By