Stellar Ecosystem
News

IBM's global blockchain head Jesse Lund has departed the company. Lund led IBM's Stellar-based World Wire payment network, which connected six banks across 72 countries. Stellar co-founder Jed McCaleb said the departure won't impact the platform.

Stellar network halted for nearly two hours Wednesday when enough validator nodes stopped, preventing consensus. The incident highlighted risks of rapid decentralization, though SDF nodes remained operational.

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.

Paysend, a London-based fintech serving over 1 million users, is launching a stablecoin on Stellar to enable instant global payments without cross-border fees for expats and multi-currency account holders.

Stellar Development Foundation announces ZkVM, an experimental zero-knowledge virtual machine for scalable and confidential smart contracts. The research explores sidechain architectures to enhance Stellar with privacy features and flexible contract capabilities.

The Stellar Development Foundation announces the release of a new Go SDK for the Stellar network, featuring horizonclient for Horizon server access and txnbuild for transaction construction. This is the third official SDK alongside JavaScript and Java, designed with Go-specific idioms and improved developer experience.

Wirex launched 26 fiat-backed stablecoins on Stellar and added Lumens support to its crypto debit card, enabling users to spend USD, EUR equivalents via VISA. The circular process of converting fiat to stablecoin and back raises questions about practical utility.

Stellar suffered a critical inflation bug in April 2017 where an attacker exploited the merge function to create 2.2 billion XLM (worth ~$10M at the time). The SDF patched the bug, disclosed it in release notes, and burned equivalent XLM from reserves to prevent dilution.

Stellar launched as Coinbase Earn's largest partner, committing 1 billion XLM to reward users for educational videos about the platform. Users can earn up to $50 in XLM by completing lessons and referring friends.

Currency Matters joined IBM Blockchain World Wire, a real-time payments network built on Stellar protocol, enabling cross-border transactions across 50+ countries with access to stablecoins and XLM.

IBM launched World Wire, a real-time global payments system built on Stellar that connects regulated financial institutions and replaces legacy correspondent banking. Supporting 47 currencies across 72 countries, it represents a major enterprise adoption milestone for the Stellar network.

IBM Blockchain World Wire, built on Stellar, now operates in 72 countries with 47 currencies and 44 banking endpoints. IBM signed letters of intent with six global banks to issue stablecoins on the network and partnered with Stronghold to enable USD stablecoin settlement.

Danelle Dixon, former Mozilla COO, has been appointed as the new Executive Director and CEO of the Stellar Development Foundation, effective May 1st. Jed McCaleb, SDF's co-founder, will transition to chief architect focusing on protocol and adoption.

Coinbase Pro added support for Stellar (XLM), enabling deposits and trading. The listing follows Stellar's recent logo redesign and could lead to XLM being added to the main Coinbase exchange, historically boosting cryptocurrency prices.

Coinbase Pro announced it is listing Stellar Lumens (XLM), accepting deposits immediately with trading to follow once liquidity is established. XLM is not yet available on Coinbase's retail platforms. The listing comes after Coinbase identified XLM as a candidate asset last December.

Stellar announced a redesigned logo replacing its cartoon rocketship with a sleek, professional symbol resembling a currency mark. The new design, created by Stockholm-based agency Kurppa Hosk, aims to position Stellar as a mature cryptocurrency suitable for institutional and business use.

Stellar Development Foundation unveiled a new logo and brand identity, replacing the iconic rocket ship with a versatile double-curved design that works as a currency symbol and reflects the network's openness and inclusivity.

The Stellar Development Foundation announces a new roadmap organizing 2019 projects across five teams: Horizon, Stellar Core, Product, Ecosystem, and Organization. The roadmap will eventually become a living document tracking progress on multiple initiatives.

SatoshiPay received a $1 million grant from the Stellar Development Foundation to expand micropayments adoption beyond publishing into gaming, tipping, and other industries through a marketing program offering up to $100,000 grants to companies implementing paywalls.

A 2019 blog post explaining Stellar's Surge Pricing mechanism during a period of high network congestion. The post clarifies that the network is functioning as designed, describes how fees work during peak activity, and outlines SDF's scaling efforts.