Movement Labs raises $3.4M to further develop smart contract language Move

Movement Labs said it raised  $3.4 million in pre-seed funding to boost the security and adoption of its Web3-based Smart Contract Language, Move.

According to a Sept. 13 statement shared with CryptoSlate, Move is a programming language with embedded safeguards that protects projects from common attack vectors like reentrancy that have cost the industry billions of dollars.