Blockchain firm Movement’s public mainnet is set to launch in beta, continuing the progress toward deploying Movement Virtual Machine (MoveVM) on Ethereum.
The mainnet will roll out Monday with over $233 million worth of BTC, ETH, and native assets, MOVE, in liquidity raised through Movement’s Cornucopia program.
Read more: Movement Labs Unveils Developer Mainnet Ahead of February’s Public Launch
Movement’s mainnet will allow smart contract deployment and allows anyone to build on and use the network for the first time, the Movement Network Foundation announced via email on Monday.
Move was developed by Facebook as part of its plans to develop its own digital currency, which was abandoned in early 2022.
The technology was subsequently used to create layer-1 networks Sui and Aptos, as well as Movement Labs extending the programming language to develop an Ethereum layer 2.
Read More: Ethereum Developers Postpone Pectra Upgrade Following Buggy Tests
XRP whale transactions moved more than $165 million worth of tokens off major cryptocurrency exchanges…
The debate over whether XRP can eventually overtake Bitcoin has resurfaced amid a broader market…
Bitcoin could be well on its way to a new high, according to data from…
Bitcoin proponent Jeff Swanson has tweeted about why the premier cryptocurrency still has its fair…
TL;DR Bitget Wallet is adding more than 1,700 tokenized stocks and ETFs through Reality. The…
TL;DR Cairo v2.19.5 has been released by Starkware. The update contains compiler and code-generation fixes.…