HBAR Token Price Soars 96% After Misinterpreted Blackrock Announcement
Submitted by Anonymous (not verified) on Wed, 04/24/2024 - 10:30
A 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 […]