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HBAR Token Price Soars 96% After Misinterpreted Blackrock Announcement

April 24, 2024
in Bitcoin
Reading Time: 1 min read
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HBAR Token Price Soars 96% After Misinterpreted Blackrock Announcement
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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 […]
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