DeFi, payments, tokenization, Soroban, governance, and project launches — curated daily from publications, project blogs, and community channels across the Stellar blockchain ecosystem.
Stellar Development Foundation invested $550,000 in SatoshiPay via convertible loan notes to support development of B2B cross-border payments solutions and digital wallets, marking the foundation's third investment in the London-based company.
Stellar co-founder Jed McCaleb stated at Consensus: Distributed that no crypto projects are currently making a real difference in people's lives beyond speculation. He argued crypto startups should focus on building useful products rather than bank partnerships and business development deals.
The Stellar Development Foundation invested $5 million in crypto wallet provider Abra to expand its products and services on the Stellar network. Abra plans to build next-generation banking infrastructure on Stellar, with product details coming in the coming months.
The Stellar Development Foundation invested $5 million in Abra, a crypto wallet service, to integrate Stellar's blockchain into Abra's payment and investment products. The partnership aims to expand financial services on Stellar and improve access to on and off ramps for traditional finance.
SEP-29 enables exchanges and wallets to solve the "forgotten memo" problem on Stellar. Exchanges can now require memos by setting a simple data entry flag, while wallets upgraded to the latest SDK will automatically prevent memo-less payments to those addresses.
StellarTerm is an open-source trading client for the Stellar Decentralized Exchange (SDEX) with local key storage for enhanced security. It offers instant login via secret key, Ledger hardware wallet support, multisig accounts, and advanced trading features like real-time charts and notifications. Desktop apps are available for Windows, macOS, and Linux.
Franklin Templeton will use Curv's MPC wallet solutions to secure tokenized shares of its government money market fund on Stellar, enabling instant access and client autonomy over $700B+ in assets.
Adam Ludwin is stepping down as CEO of Interstellar to lead Pogo, a new mobile wallet interoperability spin-out. Mike Kennedy, co-founder of Zelle and former Stellar Development Foundation advisor, takes over as Interstellar CEO effective September 15.
Stellar Development Foundation announced a partnership with Keybase for a 2 billion XLM airdrop over 20 months, distributing 100M XLM monthly to authenticated Keybase users. Keybase has integrated Stellar into its chat platform with features like inline XLM sends and phone number payments.
Binance discovered it earned 9.5 million XLM in staking rewards since 2018 and will now officially support XLM staking, distributing accumulated rewards to users starting in 42 days with September payouts worth 10-12 months of typical monthly rewards.
Crypto.com listed Stellar Lumens (XLM) on its Wallet & Card App, enabling users to purchase XLM fee-free via credit card or bank transfer and spend it globally through the MCO Visa Card at 40+ million merchants.
Gab CEO Andrew Torba announced plans to fork Keybase and replace its Stellar wallet integration with Bitcoin Lightning Network, positioning the move as part of Gab's broader strategy to fork open-source projects and remove what he calls 'shitcoins' in favor of Bitcoin.
Coinsquare acquired StellarX, a Stellar-native decentralized exchange, and will rebrand its previously acquired BlockEQ wallet as StellarX's anchor wallet. StellarX will operate as a Bermuda-based subsidiary while continuing development under its own brand.
SatoshiPay, a Stellar-based micropayments startup, partnered with Axel Springer SE to enable blockchain payments for content from major publishers like Business Insider and Rolling Stone, with wallet integration launching January 31.
SDF announces the Stellar Developer Program, replacing the Build Challenge format with monthly funding for long-term projects, plus new wallet guidelines and a developer mailing list to improve ecosystem collaboration.
Blockchain wallet provider is distributing $125 million in Stellar lumens (XLM) to wallet holders, marking Stellar's first major airdrop partnership and an effort to onboard millions of new users to crypto.
A developer created 'stcli', a simple, single-file Python REPL command-line wallet for Stellar-based assets like ETH, BTC, and EURT. It emphasizes code transparency, ease of review, and support for testing Stellar remittance functions including federation and compliance. The wallet addresses gaps in existing options by being Linux CLI-friendly and fully auditable.
The article explores Stellar's federation system for human-readable addresses like anthony*tempo.eu.com, which simplifies payments compared to raw public keys. It discusses QR codes, URIs similar to Bitcoin's bip 0021, and compatibility among Stellar wallets like Lobstr and Papaya. Smart anchors like Flutterwave integrate federation for bank account validation.
Stellar Build Challenge 7 launches with two submission routes: contributing to open-source Stellar projects or building one of four new cornerstone apps (quorum explorer, trade bot maker, social trading, peer-to-peer wallet). Submissions open June 1st with awards based on merit.
Stellar Development Foundation invested in Keybase, a cryptography startup co-founded by OKCupid creators, to build person-to-person cryptocurrency payments using Stellar's lumens blockchain with near-zero fees.
A hacker stole over $400,000 in Stellar lumens by compromising BlackWallet's DNS server, redirecting deposits of 20+ lumens to another wallet. The attacker quickly moved most funds out, with some sent to Bittrex.
Stellar.org announced the Stellar Build Challenge, a grant program offering awards across four categories: Anchors, Applications, Exchanges, and First-Time Submissions. Winners will be announced October 1, 2016, with funding from unclaimed lumens.
Stellar network upgrade launching in November will rebrand stellars to lumens and require user account upgrades. The nine-month development effort delivers a safe, scalable, and accessible network for global financial services.