{
  "id": 14379493,
  "title": "Starknet introduces wallet privacy feature for DeFi activity",
  "url": "https://urgent.news/2026/10/14/starknet-introduces-wallet-privacy-feature-for-defi-activity",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-14T05:32:14.000Z",
  "source": {
    "name": "Cointelegraph",
    "slug": "cointelegraph",
    "url": "https://cointelegraph.com/news/starknet-introduces-wallet-privacy-feature-for-defi-activity"
  },
  "original_language": "en",
  "account": "Starknet, an Ethereum layer-2 network, has introduced a wallet privacy feature called Shadow Accounts. This new functionality allows users to engage with decentralized finance (DeFi) applications while keeping their onchain activity separate from their main wallets. StarkWare, the company behind Starknet, explains that Shadow Accounts establish distinct, persistent addresses for each application used. Users can fund these accounts through shielded balances stored in Starknet's STRK20 privacy pool. This allows them to hold lending, trading, or other DeFi positions under separate onchain identities, with their Shadow Accounts' connections to their primary wallets obscured. However, it's important to note that while the Shadow Accounts maintain privacy, their balances, transactions, and positions remain publicly visible on the Starknet blockchain. Once integrated into a DeFi application, users can switch between public and private modes, deposit assets into a vault, and maintain their positions until withdrawing funds back into a shielded balance. The company has plans to expand this feature beyond vaults to encompass other DeFi activities such as liquidity provision, lending, borrowing, staking, derivatives trading, prediction markets, and NFT marketplaces. This launch follows StarkWare's broader efforts in blockchain privacy. In June, the company unveiled the STRK20 privacy framework, enabling private transfers and shielded token balances on Starknet. Additionally, StarkWare demonstrated a Private Know Your Customer system in the same month, allowing users to verify personal information without revealing their complete identity documents.",
  "summary": "Starknet’s Shadow Accounts allow users to obscure connections between their main wallets and DeFi activity, though transactions remain visible onchain.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}