Trump’s WLFI adds MOVE to portfolio amid reports of Movement Labs’ discussions with Elon Musk

World Liberty Finance (WLFI), the DeFi protocol backed by President Donald Trump’s family, acquired implicit $1.9 cardinal of MOVE tokens connected Jan. 28.

The determination comes amid abstracted reports that Movement Labs is among the firms discussing blockchain usage with Elon Musk’s Department of Government Efficiency, besides known arsenic DOGE.

Bloomberg News reported connected Jan. 25 that Musk is pushing for blockchain usage to trim authorities costs arsenic portion of his Department of Government Efficiency (DOGE) effort.

Based connected on-chain data, WLFI acquired 2.4 cardinal MOVE tokens, which are worthy implicit $1.9 cardinal astatine existent prices and correspond 0.5% of its full portfolio.

The quality caused MOVE’s terms to leap 27% successful the past 24 hours, reaching astir $0.90. As of property time, the token is priced astatine $0.80.

Movement announces developer mainnet

The Movement Network Foundation besides officially launched its developer mainnet (devnet) connected Jan. 28, marking the 2nd signifier of its roadmap. 

The devnet enables prime developers to statesman deploying decentralized applications (dApps) connected the Movement Network and provides entree to caller features, method documentation, and developer resources.  

This phase, expected to past until mid-February, introduces captious developer tools and resources to guarantee a seamless improvement experience.  

The devnet deployment follows Movement’s mainnet beta motorboat successful aboriginal December, introducing infrastructure components specified arsenic follower nodes, RPC nodes, indexers, permissioned astute contracts, and a artifact explorer.

According to the announcement, Movement Network plans to motorboat the Public Mainnet Beta pursuing the extremity of the devnet phase. 

This 3rd signifier volition unfastened the web to afloat permissionless app deployment and idiosyncratic onboarding, making it accessible to the broader community.

The station Trump’s WLFI adds MOVE to portfolio amid reports of Movement Labs’ discussions with Elon Musk appeared archetypal connected CryptoSlate.