The filing comes after months of upheaval that included a controversial market-making agreement, an internal investigation into its MOVE token launch and a Binance ban tied to its market maker.
- Movement Labs, the developer of the Movement blockchain, has filed for Chapter 11 bankruptcy.
- The project came under scrutiny after a market-making deal enabled the rapid sale of 66 million MOVE tokens, triggering a steep price drop and prompting investigations and a token buyback.
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Beyond the Risk-Free Rate: Diversified Real World Yield in Productive Stablecoins
Diversified RWA stablecoins sustain 5-7% yield from real credit as crypto funding compresses to ~4%. GENIUS pushes yield off-chain; TAM grows to $4B in 3 years.
Why it matters :
Diversified RWA stablecoins sustain 5-7% yield from real credit as crypto funding compresses to ~4%. GENIUS pushes yield off-chain; TAM grows to $4B in 3 years.
U.S. Clarity Act failure gives Asia and Middle East a competitive edge, says Apex Group CEO
Senate's top Democratic investigator looking into Tether payments to Bo Hines' firm
Irish central bank fines Coinbase Ireland $3.6 million over fund safeguarding failures
Strategy, Strive face balancing act between bitcoin buying and preferred stock dividends
Block's new voice AI sounds eerily human, sparking awe and scam fears
Crypto under weekend pressure, bitcoin slides below $80,000 on U.S. Middle East evacuations
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