Winners built tools that make Move development easier, delivering polished front-ends and deep protocol-level innovations in just four weeks SAN FRANCISCO, Feb. 05, 2026 (GLOBE NEWSWIRE) — Move Industries, the core contributor of the Movement Network, today announced winners of its M1 Hackathon, the first major hackathon on Movement’s newly launched Layer 1 blockchain. Participants built DeFi applications, games, consumer products, and developer tools that make it easier for builders to build on the Move programming language, with winning submissions demonstrating production-ready quality that would typically require months of specialized development. A Media Snippet accompanying this announcement is available by clicking on this link. The four-week hackathon attracted 100+ teams building across multiple categories. What distinguished these winners was not just what they built, but how: every participant used AI coding assistants to accelerate development. “We actively encouraged developers to build infrastructure tools that benefit the entire ecosystem. In fact, the dev tooling submissions were so strong we added a second winner,” said Rahat Chowdhury, Head of Developer Relations at Move Industries. “Trace and Movehat bring about the Hardhat and Tenderly-level developer experience that developers have been asking for in the Move Ecosystem. AI tools enabled teams to deliver polished front-ends while going deep on protocol-level work. Teams like Trace were able to go much deeper into Protocol level work and deliver developer tooling that can 10x the developer experience. I’ve been using these tools myself for work immediately after I finished judging.” Movement’s partnership with Replit provided developers with one-month access to cloud-based development environments, removing hardware barriers. Multiple winners leveraged Replit to build out polished front-ends while focusing their expertise on core technical challenges. The hackathon awarded $30,000 across six categories, with winners selected based on utility, technical execution, and potential impact on the Move ecosystem: M1 Hackathon

Bitget Posts 45.5% Growth Rate Among Top Crypto Exchanges in 2025 VICTORIA, Seychelles, Feb. 05, 2026 (GLOBE NEWSWIRE) — Bitget, the world’s largest Universal Exchange recorded a 45.5% year-over-year increase in trading volume growth and secured the #6 spot in global market share among centralized crypto exchanges at the close of 2025, according to the latest Market Share of Centralized Crypto Exchanges by Trading Volume report by CoinGecko. The CoinGecko report, a widely referenced industry benchmark, ranks exchanges based on annual trading volume and share relative to the global centralized exchange landscape. Bitget’s 6.4% market share at the end of 2025 reflects significant momentum, driven by its innovative product suite. Bitget’s strong showing in this independent research highlights the exchange’s expanding footprint and competitive differentiation in the digital asset trading landscape. “We’re proud to see Bitget’s continued growth reflected in CoinGecko’s report,” said Gracy Chen, CEO of Bitget. “The trust community has placed in us is attributed to the security we’ve built over the years, holding one of the largest market shares in crypto means we build to scale and with UEX we see this come into real life.” Over the past year, Bitget accelerated its transition toward a Universal Exchange model, expanding beyond crypto-native markets into multi-asset trading. This included the beta rollout of Bitget TradFi, enabling users to trade commodities, indices, FX, and metals such as gold alongside crypto derivatives, as well as the expansion of tokenized stock futures, which saw strong uptake during global earnings cycles. These additions complemented Bitget’s core strengths in spot and derivatives liquidity, allowing traders to respond to macro events without leaving a crypto-native environment. CoinGecko’s report positions Bitget’s performance within a broader trend of users gravitating toward platforms that combine depth, flexibility and resilience. As trading activity increasingly spans crypto, macro assets,