Movement

Movement Labs rebrands as MOVE token faces dramatic plunge and potential Binance delisting

Movement Labs rebrands as MOVE token faces dramatic plunge and potential Binance delisting

Movement Labs has removed co-founder Rushi Manche and restructured under a new name, Move Industries. The company announced Manche’s termination on May 7, saying: “Movement Labs has terminated Rushi Manche. Movement will continue under different leadership. Details on leadership changes and a revamped governance structure will be coming soon.” The decision follows a high-profile investigation […]

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Coinbase delisting sends Movement’s MOVE token to all-time low amid market-making scandal

Coinbase delisting sends Movement’s MOVE token to all-time low amid market-making scandal

The native token of the Ethereum-based Movement Network, MOVE, plunged to a historic low following Coinbase’s delisting amid the ongoing controversy tied to questionable market-making activities. The US crypto exchange announced on May 1 that it would suspend MOVE trading across its platforms by May 15, citing the token’s failure to meet its listing standards.

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