Movement Labs has suspended co-founder Rushi Manche following a controversial token incident involving 66 million MOVE tokens being dumped on the open market. The decision comes as the company faces backlash over a market-making deal with Rentech, a shell company linked to Web3Port, which misrepresented its role. A third-party review by Groom Lake is underway to investigate the company’s governance and the events surrounding the token dump, which sparked both internal and public outrage.
The U.S. Department of Justice has indicted a Russian national, Rustam Gallyamov, for leading a…
Billionaire founder and U.S government efficiency advisor Elon Musk has proposed a strategic plan to…
Bitcoin has plunged 4.5% in the last 24 hours as it fell to $108,000 after…
The flagship crypto Bitcoin (BTC) recorded yet another all-time high this week after crossing $111,000.…
In a hype dominated market, legacy altcoins like Litecoin (LTC) might face new competition from…
The crypto market is buzzing with opportunity as altcoins like Dogecoin (DOGE), Mutuum Finance (MUTM),…