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Starknet mainnet hit by fresh downtime as team probes cause

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Starknet mainnet hit by fresh downtime as team probes cause
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TL;DR:

Starknet, an Ethereum ZK‑rollup network used for decentralized finance and gaming, is facing fresh mainnet downtime following previous outages in 2025.

Key Points:

  • Starknet mainnet hit by fresh downtime as team probes cause
  • Involves ETH cryptocurrency

    • Background:

    Decentralized Finance (DeFi) refers to financial services built on blockchain networks that operate without traditional intermediaries like banks. DeFi protocols enable lending, borrowing, trading, and earning yield on cryptocurrency assets through smart contracts.

    Why It Matters:

    DeFi represents a fundamental reimagining of the financial system, offering permissionless access to financial services globally. DeFi developments impact how value is exchanged, stored, and utilized in the crypto ecosystem, driving innovation in financial products and services.