MOVE Token Crash: Movement Labs Rebrands as Move Industries With New Team

Quick Summary:

A significant restructuring announcement has been made by the Movement Labs – the developer behind the layer 2 blockchain platform Movement Network.

In a latest X post update today, the company has now rebranded as Move Industries.

This comes one day after the company terminated the co-founder Rushi Manche on Tuesday.

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Article Details

Author / Journalist: Sneha Agrawal

Category: Crypto

Markets: IndiaMali

Topics: Token Market Leadership Blockchain Crash Movement Move Labs Million Crypto Company

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-07 @ 06:39:38 (5 days ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 442 words

Reading Time: 3 minutes read

Sentences: 49 lines

Sentence Length: 10 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGape

News ID: 28462197

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Main Topics: Crypto

Official Website: coingape.com

Update Frequency: 9 posts per day

Year Established: 2017

Headquarters: India

News Last Updated: 9 hours ago

Coverage Areas: India

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