Starknet Foundation CEO Diego Silva to step down

The Starknet Foundation announced that Diego Oliva, who had served as CEO since March 2023, has resigned.

The Starknet Foundation, responsible for developing Starknet (STRK), the zero-knowledge layer-2 scaling solution for Ethereum (ETH), announced an upcoming leadership change on August 6.

The first CEO of the Starknet Foundation to resign

Diego Oliva will step down after leading the Starknet Foundation as its first CEO since March 2023. The outgoing chief executive leaves having established a strong team and structure for the Foundation.

“Under Diego’s leadership, the Foundation has driven the Provisions project and launched numerous ecosystem development projects including DeFi Spring, Seed Grants, and the Catalyst and Propulsion programs,” the announcement reads.

James Strudwick will assume the role of executive director and continue to drive Starknet’s growth and adoption. Diego will remain with the Foundation next month to ensure a smooth transition and continued platform operations. Strudwick has been with SNF since January 2024, initially serving as head of ecosystem growth.

Starknet sees growth

Starknet completed the STRK airdrop earlier this year and recently announced plans to scale Bitcoin using STARK technology. StarkWare stated that the achievement would make Starknet the first Layer 2 network to achieve simultaneous settlement and scaling for both Ethereum and Bitcoin.

Additionally, Starknet has integrated both Chainlink and Pyth oracles as part of its ZK aggregation network, aiming to tap into the growing decentralized application ecosystem.