HBAR Token Price Soars 96% After Misinterpreted Blackrock Announcement

News Bytes - HBAR Token Price Soars 96% After Misinterpreted BlackRock AnnouncementA misinterpreted announcement by the HBAR Foundation suggested that Blackrock’s ICS US Treasury Fund was tokenized on the Hedera blockchain in partnership with Archax and Ownera, leading to a significant misunderstanding and a 96% increase in the HBAR token price within 24 hours. However, Blackrock had no direct involvement in the tokenization process, as clarified […]

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HBAR Foundation Launches $250 Million Metaverse Fund to Entice Developers to Build on Hedera

HBAR foundationThe HBAR foundation, a nonprofit organization designed to accelerate the development of the Hedera Hashgraph ecosystem, has announced the launch of a new Metaverse fund. The fund, which launches with $250 million, will serve to entice builders and programmers to bring their metaverse products to the Hedera network and make use of its decentralized ledger […]

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NBA Star Spencer Dinwiddie’s Crypto-Fueled Social Media App Raises $7.5 Million

NBA Star Spencer Dinwiddie's Crypto-Fueled Social Media App Raises $7.5 MillionAccording to an announcement revealed on Thursday, Spencer Dinwiddie’s token application called Calaxy has raised $7.5 million in funding. The American professional basketball player for the NBA’s Brooklyn Nets has been a fan of blockchain technology for quite some time, as the point guard raised $1.3 million tokenizing his contract on the Ethereum blockchain. Hedera […]

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