Cointime

Download App
iOS & Android

Movement: MoveDrop will be delayed due to recent investigation into market makers

Movement posted on X platform that, due to the ongoing investigation into abnormal market makers, governance changes, and the continuous investigation of the MoveDrop witch attack, MoveDrop must be postponed. Movement added that sybil tokens can be heavily recycled, so after MoveDrop is completed, these sybil tokens will be reallocated to the ecosystem and community rewards. At the same time, the Movement Foundation is implementing governance changes to ensure that this situation does not happen again, and DeFi Spring incentive measures will continue to be implemented throughout the ecosystem.

Comments

All Comments

Recommended for you

  • ETH Surpasses $2500

    Market data shows that ETH has surpassed $2500, currently priced at $2500.39, with a 24-hour increase of 2.31%. The market is experiencing significant fluctuations, so please ensure proper risk management.
  • ETH Surpasses $2500

    Market data shows that ETH has surpassed $2500, currently priced at $2500.39, with a 24-hour increase of 2.31%. The market is experiencing significant volatility, so please ensure proper risk management.
  • BTC Surpasses $79,000

    Market data shows that BTC has surpassed $79,000, currently priced at $79,001.99, with a 24-hour increase of 1.85%. The market is highly volatile, so please ensure proper risk management.
  • BTC Surpasses $79,000

    Market data shows that BTC has surpassed $79,000, currently priced at $79,001.99, with a 24-hour increase of 1.85%. The market is experiencing significant volatility, so please ensure proper risk management.
  • BTC Falls Below $79,000

    Market data shows that BTC has fallen below $79,000, currently priced at $78,897.69, with a 24-hour increase narrowing to 2.21%. The market is experiencing significant volatility, so please ensure proper risk management.
  • BTC Falls Below $79,000

    Market data shows that BTC has fallen below $79,000, currently reported at $78,897.69, with a 24-hour increase narrowing to 2.21%. The market is experiencing significant fluctuations, so please ensure proper risk management.
  • BTC Reaches $80,000

    Market data shows that BTC has reached $80,000, currently priced at $79,793.99, with a 24-hour increase of 3.42%. The market is highly volatile, so please ensure proper risk management.
  • BTC Reaches $80,000

    Market data shows that BTC has reached $80,000, currently priced at $79,793.99, with a 24-hour increase of 3.42%. The market is experiencing significant fluctuations, so please ensure proper risk management.
  • BTC Surpasses $79,000

    Market data shows that BTC has surpassed $79,000, currently priced at $79,022.89, with a 24-hour increase of 2.08%. The market is experiencing significant volatility, so please ensure proper risk management.