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Cryptocurrency News Articles
Movement Labs Deploys Developer Mainnet to Bring Facebook (META)'s Move Virtual Machine (MoveVM) to Ethereum
Jan 29, 2025 at 12:00 am
The developer mainnet's launch will begin the deployment of Movement's core infrastructure and allow selected partners to start implementing
Movement Labs, a blockchain firm, has deployed a developer mainnet to further its goal of bringing Facebook (META)'s Move Virtual Machine (MoveVM) to Ethereum.
The developer mainnet will begin the deployment of Movement's core infrastructure and allow selected partners to start implementing decentralized finance (DeFi) protocols, according to an emailed announcement on Tuesday.
The launch follows the initial mainnet launch of Movement in December and precedes the planned public mainnet beta release next month.
Move was created as part of Facebook's ill-fated digital currency project Diem, which was shelved at the start of 2022. The technology was used to create the Sui and Aptos layer-1 networks.
Movement Labs, armed with a $38 million Series A funding round led by Polychain Capital, is extending the programming language to an Ethereum layer 2 for the first time.
Coinciding with the public mainnet's deployment, Movement will also unveil a multi-asset liquidity program to provide the foundation for decentralized finance (DeFi) applications.
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- Silver Price Prediction: Market Brace for Volatility Amidst Wild Forecasts and Key Support Levels
- Oct 05, 2026 at 12:05 am
- Silver is navigating a volatile landscape, with an analyst predicting an audacious climb to $1,100 by 2031 while near-term focus remains on critical support at $46-$50 and resistance at $67.543, following recent weak US jobs data and a reported $850 billion precious metals sell-off.
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- Microsoft X Account Hijack: Fake Clippy Comeback Fuels Crypto Scam Amidst AI Fraud Surge
- Oct 04, 2026 at 03:55 pm
- Microsoft's official X account was recently hijacked, promoting a fraudulent Clippy token through a fake revival promise, highlighting an alarming trend of sophisticated crypto scams and AI impersonation fraud.
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- Crypto Crossroads: Bitcoin & Ethereum Price Predictions Amidst ETF Inflows and Shifting Market Dynamics
- Oct 04, 2026 at 03:55 pm
- Bitcoin and Ethereum navigate a complex landscape of institutional demand and technical resistance. Recent ETF inflows signal bullish sentiment, yet market predictions remain cautious, emphasizing key support and resistance levels for the week ahead.
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- Federal Reserve Reserves Fluctuate: H.4.1 Data Reveals Bank Reserve Balances Dip on Wednesday Snapshot, Average Rises
- Oct 04, 2026 at 12:05 pm
- Analysis of Federal Reserve H.4.1 data shows bank reserve balances decreased significantly on a specific Wednesday, yet the weekly average edged higher, highlighting measurement nuances.
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- ZEC Spot ETF Faces Hefty $93.56M Outflows: A Closer Look at Market Dynamics
- Oct 03, 2026 at 04:05 pm
- The ZEC Spot ETF experienced a significant $93.56 million in net outflows over a single week, sparking conversations about investor sentiment and broader market implications for Zcash-linked investment products.
