San Francisco-based blockchain development team, Movement Labs, has raised $38m in Series A funding led by Polychain Capital and featuring participation from a range of investors. The funds will be used to bring Facebook’s Move Virtual Machine to Ethereum, addressing smart contract vulnerabilities and enhancing transaction throughput. Movement Labs aims to tackle smart contract vulnerabilities within the Ethereum ecosystem while introducing a novel execution environment designed for 30,000+ transactions per second.
Welcome Back
Click “Sign in” to agree to Cointime’s Terms of Service and acknowledge that Cointime’s Privacy Policy applies to you.
Join CoinTime
Already have an account?
Click “page.Sign up” to agree to Cointime’s <a class="underline" href="#term-of-service">Terms of Service</a> and acknowledge that Cointime’s a class="underline" href="#privacy-policy">Privacy Policy</a> applies to you.
Sign in with email
Sign up with email
Your email
Check your inbox
Click the link we sent to to sign in.
Click the link we sent to to sign up.
Movement Labs raises $38m to enhance Ethereum ecosystem with Facebook's Move Virtual Machine
-
Wechat scan to share
Recommended for you
-
Sui Network addresses claims about its token supply
Sui maintains that its tokenomics are sound and that it uses reputable third parties to handle token storage.
-
Is Bitcoin price going to crash again?
Strong technical resistance levels and a high number of profitable traders pose the risk of modest pullbacks in the Bitcoin market.
-
What are tokenized commodities?
Tokenized commodities, which include energy resources, agricultural products, precious metals and other tangible things, are digital representations of real-world assets.
-
Bitcoin opens $63K futures gap as thin liquidity threatens BTC price
Bitcoin market participants are doubting the staying power of the ongoing BTC price relief bounce.
-
More than half of the Fortune 100 uses Apple’s Vision Pro headset
Spatial computing in the industrial metaverse appears to be paying off for the company that Steve Jobs built.
-
‘Sell in May and Go Away’: The Seasonality of Crypto-asset Returns
The summer months, between June and September, have historically brought significantly lower investor returns than other months of the year, says André Dragosch, head of research at ETC Group.
-
What happens to lost Bitcoin?
Bitcoin is considered lost on the blockchain when the owners of the assets are unable to exercise control over it.
-
The Dollar Won, but Might the U.S. Lose Control of the Dollar?
We have a world currency already: it's the dollar. Do we want to keep it that way?
-
How to short Bitcoin on Binance and Coinbase
Shorting Bitcoin on Binance and Coinbase is akin to a high-stakes gamble where mastering margin trading and futures contracts is key to tilting the odds in your favor.
-
How to determine crypto cost basis for accurate tax filings
Calculating the cost basis of cryptocurrency for tax purposes involves considering purchase prices, transaction fees and events such as hard forks or staking rewards.
Daily Must-Read
-
What are tokenized commodities?
-
Bitcoin opens $63K futures gap as thin liquidity threatens BTC price
-
More than half of the Fortune 100 uses Apple’s Vision Pro headset
-
US Court to hear proposed remedies from Terraform Labs, Do Kwon in May
-
Bitcoin’s ‘euphoria phase’ cools, but a BTC bottom could be near — Glassnode
-
BlackRock's BUIDL becomes the world’s largest tokenized treasury fund
All Comments