StarkWare Restores Crypto Access for Delinquent Wallet Updaters, After Complaints on X

After users complained on X, StarkWare walked back on a move in which it implemented an upgrade that made users' funds inaccessible.

AccessTimeIconAug 30, 2023 at 7:45 p.m. UTC
10 Years of Decentralizing the Future
May 29-31, 2024 - Austin, TexasThe biggest and most established global hub for everything crypto, blockchain and Web3.Register Now

Feedback, for the win.

StarkWare, the company behind the Starknet blockchain, agreed to restore access to some users’ crypto, after users flooded X (formerly Twitter) with complaints that their wallets had been unfairly zeroed out after a tech upgrade.

The matter appeared to affect the balances of users who did not update their Argent or Braavos wallets in time for the upgrade.

Earlier Wednesday, X posters had complained on the social media platform that their account balances were cleared since their wallets were not compatible with Starknet's new 0.12.1 upgrade.

“StarkWare just zero'd all user balances on old wallets that didn't upgrade to latest contracts - equivalent of having the money in your bank account disappear if you don't get the latest software package,” @0xSisyphus wrote.

In response to the frustration, StarkWare announced that the upgrade has been re-enabled, allowing users to regain access to their funds. The team added that it might take a day for the funds from these wallets to reappear, due to technicalities.

Users had been warned earlier this month to upgrade their wallets. The StarkNet account on X wrote on Aug. 7: “If you haven’t upgraded your wallet already, now is the time to ensure access to your funds.”

Edited by Bradley Keoun.

Disclosure

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.

CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as an independent subsidiary with an editorial committee to protect journalistic independence. CoinDesk employees, including journalists, may receive options in the Bullish group as part of their compensation.

Margaux Nijkerk

Margaux Nijkerk reports on the Ethereum protocol and L2s. A graduate of Johns Hopkins and Emory universities, she has a masters in International Affairs & Economics. She holds a small amount of ETH and other altcoins.


Learn more about Consensus 2024, CoinDesk's longest-running and most influential event that brings together all sides of crypto, blockchain and Web3. Head to consensus.coindesk.com to register and buy your pass now.