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Crypto

Movement reborn as layer1 blockchain from layer2

Movement, an Ethereum layer2 blockchain that drew controversy over a mass token selloff scandal, is restarting as an independent layer1 blockchain. Move Industries\' new CEO Torab Torabi outlined a new vision focused on a stablecoin payments platform targeting emerging markets. The company has partnered with regulated money transmitters and e-money institutions in the United States, Canada and the European Union to gain access to licensed payment networks, and is working with several crypto firms and projects.

Crypto

Cardano sentiment turns bullish as Midnight token NIGHT stays bearish

Investor sentiment in the Cardano community has tilted bullish, but the partner-chain token NIGHT remains in a bearish zone, according to CoinMarketCap user voting. Cardano recorded a 79.5 percent bullish vote share, ranking ninth among cryptocurrencies with the strongest bullish sentiment. NIGHT ranked fifth among tokens with strong bearish sentiment, with a 33.8 percent bearish score. Daily price moves diverged, with Cardano up 0.95 percent and NIGHT up 3.02 percent.