Movement Network
1 storyAs a Move-based blockchain network, Movement Network is intended for Move applications. Applications on Movement Network use MoveVM execution environment, while ledger agreement relies on Movement validator network. MOVE supports documented network utility within Movement Network. The wider design of Movement Network also incorporates object or resource ownership, Move language asset safety, and parallelized transaction processing. At Movement Network, upgrades and validator participation are covered; Movement Network also includes revisions to object or resource ownership, security incidents and developer-interface changes. The MOVE asset page handles market coverage; Movement Network retains protocol changes involving protocol utility.
Switchboard Oracle Incident Freezes DeFi Vaults on Multiple Networks
A suspected compromise of Switchboard's Move-based oracles led to halted deployments on Aptos, Sui, IOTA, and Movement, triggering liquidations, vault freezes, and user fund restrictions across several DeFi protocols