Movement Labs, a community-driven technology company, has completed its pre-seed fundraising round and the launch of a tool from the Movement software development kit (SDK) on the Avalanche blockchain. According to a press release sent to CryptoPotato, Movement Labs raised $3.4 million through the pre-seed round to enable the advancement and adoption of Move, a smart contract development language with safeguards that protect against attack vectors like reentrancy and DoS. Movement Labs’ pre-seed round was led by several industry leaders, including Blizzard — The Avalanche Fund, dao5, Borderless Capital, and Varys Capital. The round also involved angel investors like the co-founders of web3 infrastructure provider Ankr, dao5’s George Lampeth, and Eigenlayer’s Calvin Liu, with participation from Elixir Capital, BENQI, and Interop Ventures.
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Mkt Cap $2.30T
BTC Dom 56.73 %
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$64,979.00
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ETH
$1,919.84
▲ +0.40%
USDT
$0.999419
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BNB
$595.05
▲ +1.00%
USDC
$0.999668
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XRP
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SOL
$74.90
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TRX
$0.328872
▲ +0.30%
FIGR_HELOC
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HYPE
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DOGE
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USDS
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RAIN
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LEO
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ZEC
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ADA
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XMR
$379.60
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WBT
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LINK
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BCH
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USD1
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USDC
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XRP
$1.04
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SOL
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ZEC
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XMR
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WBT
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LINK
$8.32
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XLM
$0.163574
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DAI
$0.999943
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BCH
$216.74
▲ +0.60%
USD1
$0.999762
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USDE
$0.999578
▲ +0.00%
GRAM
$1.36
▲ +2.10%
Mkt Cap $2.30T
BTC Dom 56.73 %
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ETH
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USDT
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BNB
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USDC
$0.999668
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XRP
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SOL
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FIGR_HELOC
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DOGE
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RAIN
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LEO
$9.71
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ZEC
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ADA
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XMR
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WBT
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XLM
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