2025-5-7 10:34 |
Movement Labs has terminated co-founder Rushi Manche in light of a recent market maker scandal and rebranded itself as Move Industries. The protocol will be led by Torab Torabi as the new CEO. On May 7, the network announced that… origin »
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The MOVE token has dropped 22% after Movement Labs suspended co-founder Rushi Manche amid an investigation into a market maker scandal. This follows Coinbase’s delisting announcement and ongoing concerns over internal governance.
2025-5-2 10:15 | |
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Movement Labs has suspended co-founder Rushi Manche as it continues to investigate a scandal involving one of its former market makers. In a post on X dated May 2, Movement Labs confirmed Manche’s suspension as a third-party investigation by Groom…
2025-5-2 09:55 | |
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The Thailand International Digital Business & Finance Center has appointed Movement Labs co-founder Rushi Manche and Dao5 founder Tekin Salimi as advisors to advance its blockchain technology. According to local media Kaohoon International, Director of the TIDC, Wai Man Raymond…
2025-2-6 13:12 | |
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Movement Labs is a startup project that raised $38 million in Series A funding earlier this year and its Layer 2 blockchain called Movement has recently gained global attention. The two founders, Rushi Manche and Cooper Scanlon used to be the students of Vanderbilt University.
2024-9-15 02:00 | |
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Binance has announced that it is supporting the upcoming network upgrade and hard fork of Cardano, which is set to take place tomorrow, on Jan. 29, 2025, at around 21:45 UTC.
Large holders of Ethereum, also called Ethereum whales, have been on an accumulation trend for a while now, with on-chain data revealing a fascinating increase in their collective holdings. Particularly, data from blockchain analytics firm IntoTheBlock shows that Ethereum whales now hold about 43% of the total circulating supply of ETH.
The Ethereum network has recently witnessed a resurgence in activity, with new wallet addresses hitting an eight-month high. On-chain data shows that an average of 130,200 new Ethereum addresses are being created daily in December, a level of network activity not seen since April.
Meme coins have ballooned to new prices since the beginning of March, boosting blockchain activity in the process. This recent frenzy has seen Ethereum gas fees surging to two-year highs this week. IntoTheBlock, a leading on-chain analytics provider, announced this new milestone in a recent post on social media platform X. Data from ITB indicates […]
Ethereum (ETH) is experiencing a remarkable trend as its balance on cryptocurrency exchanges hits a five-year low, currently standing at just 14,580,091. 144 ETH. This significant decrease in the amount of Ethereum held on exchanges is a clear indicator of a growing “diamond hands” sentiment within the cryptocurrency community.
It was the first time the Celo mainnet had gone down in more than two years.