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via The Block · By The Block Editorial

Following token-dumping scandal, Movement seeks new life as a Layer 1

TB
The Block Editorial
(01:00 PM UTC)
1 min read
DK
Reviewed byDavid Kim
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Movement, the beleaguered Ethereum Layer 2 that was mired in controversy shortly after launch last year, has relaunched as a standalone Layer 1 blockchain with the intent of becoming the stablecoin settlement solution for emerging markets, Move Industries’ new CEO Torab Torabi told The Block. 

On Tuesday, Move Industries announced that over the past several months, it has worked to secure…

COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.

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