Movement
MOVEA Network of Modular Move-Based Blockchains
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Project Overview
Movement is a modular framework to build and deploy Move-based infrastructure, applications, and blockchains in any distributed environment. The team is building a suite of products and services that empower non-Move protocols to leverage the power of the Move Programming Language without writing a single line of Move code. The team’s first release, M1, redefines the L1 as a Vertically Composable and Horizontally Scalable Layer 1 Framework that is Solidity-compatible, connects EVM and Move liquidity, and lets builders customize modular and interoperable app-chains with a diverse base of users and liquidity accessible out of the box.
Non-custodial crypto wallet Sorted Wallet raises $4.4M in seed funding, co-led by Tether and Gnosis
non-custodial crypto wallet Sorted Wallet has completed a $4.4 million seed funding round, co-led by Tether and Gnosis with a $3.4 million equity investment. Vox Solutions provided an additional $1 million in strategic support, with angel investors including Movement, Angel Invest Group, and the founder of RWA.io also participating. (The Block)
Sorted Wallet, a non-custodial crypto wallet, has closed a $4.4 million seed funding round co-led by Tether and Gnosis.
According to The Block, non-custodial crypto wallet Sorted Wallet has raised $4.4 million in seed funding. Tether and Gnosis co-led a $3.4 million equity financing round, while Vox Solutions provided $1 million in strategic support. Angel investors—including Movement, Angel Invest Group, and the founder of RWA.io—also participated in the round.
Movement Labs files for Chapter 11 bankruptcy protection, previously scrutinized over rapid sale of 66 million MOVE tokens
Movement Labs, the developer of the Movement blockchain, has filed for Chapter 11 bankruptcy protection. The project had previously come under scrutiny due to a market-making agreement that allowed for the rapid sale of 66 million MOVE tokens, leading to a sharp decline in MOVE's price, followed by investigations and a token buyback. Movement Labs recently pivoted to cross-border payments and stablecoin settlement services. The future arrangements for its blockchain network, partnerships, and payment expansion plans remain unclear during the Chapter 11 proceedings, although operations can continue during the restructuring period.
Bitcoin treasury company Exodus sues W3C in Delaware to compel fulfillment of the acquisition agreement
According to Stocktitan, U.S.-listed Bitcoin treasury company Exodus Movement has filed a lawsuit in the Delaware Court of Chancery, seeking to compel service provider W3C Corp and its CEO Garth Howat to fulfill the share acquisition agreement signed in November 2025 and complete the transaction. Exodus Movement stated that it has already classified its loan to W3C as “immediately payable” and exercised related security rights, expecting the court to issue an order compelling the counterparty to complete the closing as stipulated in the agreement. Previously, on April 8, 2026, Exodus obtained approval from the UK’s Financial Conduct Authority (FCA), removing a key regulatory hurdle for the acquisition. The company said it will accelerate completion of this acquisition by advancing both the litigation and enforcement of its security rights.
Exodus Resumes Accumulating BTC, ETH, and SOL in April, with Nearly $350 Million in Transaction Volume
According to GlobeNewswire, cryptocurrency wallet provider Exodus Movement released its April operational data report. After selling over 1,000 BTC from its reserves in Q1 to fund the acquisition of a payment business, the company resumed accumulating BTC, ETH, and SOL in April. Its holdings of all three assets increased compared to the end of March, standing at 629 BTC, 1,872 ETH, and 19,234 SOL. Additionally, Exodus processed $347 million in transactions in April, while its monthly active users remained stable at 1.5 million—nearly unchanged from March.
BIT: ETF Fund Outflows Dominate ETH Price Movement; Staking Yield Advantage Narrows
According to chart analysis released by independent analyst Markus Thielen on May 18, the 30-day moving average of daily net inflows into ETH ETFs over the past year has been highly synchronized with Ethereum’s price movement, making institutional fund flows a core driver of ETH’s price. However, as U.S. 10-year Treasury yields rise above 4.6% and inflation accelerates again, Ethereum’s ~2.5% net staking yield is losing appeal relative to risk-free assets. Since May, ETH ETFs have seen renewed net outflows; if this trend persists, Ethereum’s price is highly likely to remain in a range-bound consolidation pattern.
Exodus Releases June Treasury Data: Holds 600 BTC, 457 ETH, 17,749 SOL
crypto financial platform Exodus Movement has released its June 2026 treasury reserves and monthly operational metrics. As of June 30th, the company's crypto asset inventory stood at 600 BTC, 457 ETH, and 17,749 SOL. In terms of transactions, the total exchange volume across the platform in June reached $399 million, up from $383 million in May. Its XO Swap business contributed $93 million, accounting for 23% of the total volume. User metrics remained stable, with monthly active users (MAU) at 1.5 million in June, flat compared to the end of May. (Globenewswire)
Exodus Announces June Crypto Treasury Data: Holds 600 BTC, 467 ETH, and 17,749 SOL
据 Globenewswire 报道，加密金融平台 Exodus Movement 发布 6 月资金储备及业务运营数据。截至 6 月 30 日该公司数字资产储备包括：600 枚比特币、457 枚以太坊、以及 17,749 枚 SOL。
Trump Financial Disclosure: Crypto-related Income Over $300 Million, Mainly from World Liberty Financial
According to The Block, Trump's annual financial disclosure report (totaling 927 pages) released by the U.S. Office of Government Ethics shows that Trump received significant crypto-related income through his family crypto company World Liberty Financial (WLF), including over $65.6 million from the sale of WLF Holdco equity and approximately $236.25 million from WLF token sale allocations. Additionally, the report disclosed his cold wallets holding various crypto assets such as Bitcoin, Ethereum, USDC, LINK, AAVE, ENA, MOVE, and ONDO, and that he received approximately $1.8 million in Ethereum staking rewards. Trump also holds up to $100,000 in Coinbase stock and multiple investments in Strategy (formerly MicroStrategy). In contrast, Vice President JD Vance's annual financial report is only 17 pages, disclosing that he holds Bitcoin valued at up to $500,000.
Exodus Resumes Accumulating BTC, ETH, and SOL in April, with Nearly $350 Million in Transaction Volume
According to GlobeNewswire, cryptocurrency wallet provider Exodus Movement released its April operational data report. After selling over 1,000 BTC from its reserves in Q1 to fund the acquisition of a payment business, the company resumed accumulating BTC, ETH, and SOL in April. Its holdings of all three assets increased compared to the end of March, standing at 629 BTC, 1,872 ETH, and 19,234 SOL. Additionally, Exodus processed $347 million in transactions in April, while its monthly active users remained stable at 1.5 million—nearly unchanged from March.
Non-custodial crypto wallet Sorted Wallet raises $4.4M in seed funding, co-led by Tether and Gnosis
non-custodial crypto wallet Sorted Wallet has completed a $4.4 million seed funding round, co-led by Tether and Gnosis with a $3.4 million equity investment. Vox Solutions provided an additional $1 million in strategic support, with angel investors including Movement, Angel Invest Group, and the founder of RWA.io also participating. (The Block)
Sorted Wallet, a non-custodial crypto wallet, has closed a $4.4 million seed funding round co-led by Tether and Gnosis.
According to The Block, non-custodial crypto wallet Sorted Wallet has raised $4.4 million in seed funding. Tether and Gnosis co-led a $3.4 million equity financing round, while Vox Solutions provided $1 million in strategic support. Angel investors—including Movement, Angel Invest Group, and the founder of RWA.io—also participated in the round.
Related news
Move Industries CEO: No Connection with Movement Labs That Filed for Bankruptcy, Advancing Stablecoin Settlement Channel Deployment
Torab, CEO of Move Industries, the development team for the Movement ecosystem, stated that Move Industries is the development team for the Movement ecosystem and has no affiliation with Movement Labs, which has filed for bankruptcy, and therefore Move Industries was not involved in the related bankruptcy matters.
Movement Labs 申请破产，联合创始人索赔超 160 万美元
据 The Block 报道，Movement 区块链原核心开发公司 Movement Labs 已于 7 月 15 日向美国特拉华州破产法院申请第 11 章破产保护。文件显示，该公司申报资产为 10.0001 万至 50 万美元，负债最高达 1000 万美元，债权人最多 299 家。
Movement Labs files for Chapter 11 bankruptcy protection, previously scrutinized over rapid sale of 66 million MOVE tokens
Movement Labs, the developer of the Movement blockchain, has filed for Chapter 11 bankruptcy protection. The project had previously come under scrutiny due to a market-making agreement that allowed for the rapid sale of 66 million MOVE tokens, leading to a sharp decline in MOVE's price, followed by investigations and a token buyback. Movement Labs recently pivoted to cross-border payments and stablecoin settlement services. The future arrangements for its blockchain network, partnerships, and payment expansion plans remain unclear during the Chapter 11 proceedings, although operations can continue during the restructuring period.
Crypto Wallet Company Exodus Lays Off 25%, Bets on Stablecoin Payment Sector
According to CoinDesk, crypto wallet company Exodus Movement (EXOD) announced it is laying off approximately 25% of its global workforce. This layoff is part of its strategic transformation — the company is shifting its business focus to stablecoin payments and card infrastructure, aiming to build a full-stack payment platform. The restructuring is expected to incur pre-tax expenses of $2.5 million to $3.5 million, primarily for severance pay and employee-related expenses, while simultaneously expected to save $10 million to $13 million in operating costs annually, with full benefits realized by 2027. Amid this restructuring, Exodus is continuing to integrate its two acquisitions — electronic money institution Monavate and crypto payment company Baanx. EXOD's stock price rose 2.2% in early trading on Monday, but remains down approximately 85% compared to the same period last year.
Exodus Releases June Treasury Data: Holds 600 BTC, 457 ETH, 17,749 SOL
crypto financial platform Exodus Movement has released its June 2026 treasury reserves and monthly operational metrics. As of June 30th, the company's crypto asset inventory stood at 600 BTC, 457 ETH, and 17,749 SOL. In terms of transactions, the total exchange volume across the platform in June reached $399 million, up from $383 million in May. Its XO Swap business contributed $93 million, accounting for 23% of the total volume. User metrics remained stable, with monthly active users (MAU) at 1.5 million in June, flat compared to the end of May. (Globenewswire)
Exodus Announces June Crypto Treasury Data: Holds 600 BTC, 467 ETH, and 17,749 SOL
据 Globenewswire 报道，加密金融平台 Exodus Movement 发布 6 月资金储备及业务运营数据。截至 6 月 30 日该公司数字资产储备包括：600 枚比特币、457 枚以太坊、以及 17,749 枚 SOL。