StarkWare launches the privacy framework STRK20, Sui Network initiates confidential transfer testing

According to Cointelegraph, StarkWare has launched the privacy framework STRK20, enabling ERC-20 token users on Starknet to conceal their balances and transaction information while complying with regulatory requirements. StarkWare co-founder and CEO Eli Ben-Sasson stated that STRK20 is a tool for balancing confidentiality and accountability. At the same time, the Sui network has initiated a public test of confidential transfers, encrypting balances and transfer amounts while keeping metadata visible.