The Protocol: Inside Movement’s Token-Dump Scandal

Welcome to The Protocol, CoinDesk's weekly wrap-up of the most important stories in cryptocurrency tech development. I’m Margaux Nijkerk, the Ethereum protocol reporter on CoinDesk’s Tech team.In this issue:Inside Movement’s Token-Dump Scandal: Secret Contracts, Shadow Advisors and Hidden MiddlemenEthereum Could Supercharge Transaction Speed to 2,000 TPS Thanks to Bold New ProposalBitcoin Debate on Looser Data Limits Brings to Mind the Divisive Ordinals ControversyCoinbase’s Base Network Achieves ‘Stage 1’ Status, Reducing Centralization RiskUnknown block type "divider", specify a component for it in the `components.types` optionNetwork newsMOVEMENT’S TOKEN DUMP SCANDAL: Movement, a buzzy crypto startup supported by Trump’s World Liberty Financial, was rumored to be closing a $100M series B round source: https://www.coindesk.com/tech/2025/04/30/the-protocol-inside-movement-s-token-dump-scandal