New Version, Worth Being Seen! #GateAPPRefreshExperience
🎁 Gate APP has been updated to the latest version v8.0.5. Share your authentic experience on Gate Square for a chance to win Gate-exclusive Christmas gift boxes and position experience vouchers.
How to Participate:
1. Download and update the Gate APP to version v8.0.5
2. Publish a post on Gate Square and include the hashtag: #GateAPPRefreshExperience
3. Share your real experience with the new version, such as:
Key new features and optimizations
App smoothness and UI/UX changes
Improvements in trading or market data experience
Your fa
Movement Labs investigates the controversy surrounding the market-making protocol involving 66 million MOVE tokens.
According to the Gate.io News bot and CoinDesk, Movement Labs is investigating a market-making protocol. The protocol grants control over 66 million MOVE tokens to an undisclosed identification middleman, resulting in a $38 million dumping during the token’s initial trading.
The investigation shows that Rentech participated in the trading as an agent of the Web3Port subsidiary and the Movement Foundation. Foundation officials previously commented on the protocol: “this is probably the worst agreement we’ve ever seen”. The protocol designed a mechanism to inflate the MOVE price before dumping the Token to retail investors.
Source: CoinDesk