Skip to main content

Starkware CEO Uri Kolodny Steps Down Due to Family Health Issues

Starkware Sees CEO Change as Uri Kolodny Resigns, Citing Family Health

Starkware faces a leadership transition as CEO Uri Kolodny resigns over pressing family health issues. While stepping down, Kolodny leaves the company in the hands of co-founder and friend Eli Ben-Sasson.

Starkware Sees CEO Change as Uri Kolodny Resigns, Citing Family Health

Uri Kolodny, CEO of Starkware, announced his resignation from the company’s top position due to pressing family health concerns. Kolodny, who co-founded the Ethereum scaling and privacy technology firm in 2008 with Eli Ben-Sasson, made the announcement via X.

In the announcement post, Kolodny expressed both pride in Starkware’s achievements and sorrow at stepping back from day-to-day involvement. “I am so very proud of what we’ve built. First and foremost: the people who have joined us in building Starkware and Starknet,” he wrote, acknowledging the talented team behind the company’s success. Despite stepping down as CEO, Kolodny will remain active as a board member of both Starkware and the Starknet Foundation, ensuring his continued influence in the company’s strategic direction.

Assuming the CEO role is co-founder Eli Ben-Sasson, the co-inventor of STARKs and current president of Starkware. Ben-Sasson’s appointment is a natural transition, given his deep involvement in the company’s technological advancements and long-standing partnership with Kolodny. “Eli is many wonderful things… and we have been the closest of friends for 35 years, and closer still these past six years,” Kolodny noted.

In his statement, Kolodny expressed confidence in the company’s future under Ben-Sasson’s leadership. “I am sure he will lead Starkware forward with talent and devotion, to great heights,” he remarked.

Ben-Sasson replied to Kolodny’s post on X, acknowledging and thanking Kolodny for his kind words as well as wishing him and his family well. About becoming CEO, Ben-Sasson said to Kolodny,

These are mighty large shoes I need to fill. What fills me with hope is the amazing team you leave behind, and the fact that the ethos and values of StarkWare are things we all share. Your vision will continue and stay true.

Best wishes go out to Uri Kolodny and his family. Share your thoughts and opinions in the comments section below.



from Bitcoin News https://ift.tt/epfOi3c

Comments

Popular posts from this blog

Deep Web Roundup: Dream Adds Monero and Bitcoin Tumbler “Chip Mixer” Launches

The darknet has been quiet of late, which is the way it’s meant to be. No news means no mega busts, honeypots, or mass market shutdowns. Even when it’s out of the spotlight though, the deep web is quietly making news, whether trialling the latest privacy coins or the newest coin mixers that promise to restore a little of the privacy that’s being stripped away from bitcoin users on a daily basis. Also read: U.S. Agency ICE Conducts Investigations That Exploit Blockchain Activity The Battle for Privacy Heats Up Privacy is all relative, but of late there’s been relatively little privacy to be enjoyed by bitcoin users. Blockchain monitoring software is becoming more sophisticated and more common, with U.S. law enforcement agencies using it to profile and hunt down deep web users. Chip Mixer is a relatively new bitcoin tumbler that’s designed to restore some of that privacy. Available on both the clearnet and darknet, the service uses a variety of techniques to obfuscate blockchain m

International Crypto Exchange Luno Adds Bitcoin Cash Trading

Luno exchange has added bitcoin cash trading to the platform following feedback from its client base. BCH is now only the third cryptocurrency available for trading on the exchange, in addition to BTC and ETH , but more options could be on the way once Luno determines that they are credible enough. Also Read: Bitflyer Adds Bitcoin Cash Trading Across Europe and the US Luno Adds Bitcoin Cash Trading Luno, the London-headquartered company formerly known as Bitx, recently announced that bitcoin cash was made available on its cryptocurrency exchange. Starting from Monday, September 23, customers at Luno are now able to store, buy and sell BCH on the platform. The reason given for adding BCH to the exchange is feedback from users in developing markets that convinced Luno to expand their offering from previously just BTC and ETH . Marcus Swanepoel, CEO of Luno, said , “We are in a new and exciting financial era. Developing economies are leading the large-scale adoption and appli

Ombudsman Receives Complaints About Crypto Investments in Spain

The Spanish ombudsman has been receiving complaints about cryptocurrency and how some Spanish citizens investing in these vehicles have lost everything. In his annual report, Angel Gabilondo recognized the rise of cryptocurrencies as a new problem due to the little or no regulation crypto sees in the country. In the same way, the EU has also warned about these assets recently. Spanish Ombudsman Gives His Take on Crypto Angel Gabilondo, the Spanish ombudsman, has given his take regarding cryptocurrencies and the effects they have on citizens investing in some of these projects. Gabilondo said in his yearly report that cryptocurrencies have become “a new problem” during the year examined, with many people having lost all of their funds invested. The report states : Cryptocurrency exchange companies or platforms are not regulated in the legal system, are not subject to any public supervision system, nor do they benefit from deposit guarantee systems. The affected users that sought