ZachXBT Labels Ripple, Cardano, and Hedera as ‘Insider Enrichment Schemes’
The operational model of Ripple, Cardano, and Hedera resembles financial pyramids, according to on-chain investigator ZachXBT.Hedera Hashgraph is a blockchain platform using the ABFT consensus algorithm, positioned as a business platform. Its native cryptocurrency is HBAR.
ZachXBT Labels Ripple, Cardano, and Hedera as ‘Insider Enrichment Schemes’
The operational model of Ripple, Cardano, and Hedera resembles financial pyramids, according to on-chain investigator ZachXBT.
Hashgraph Unveils Blockchain-Based ID Solution
Hashgraph Group has launched the IDTrust sovereign identity (SSI) platform on the Hedera network, as reported by Cointelegraph. The solution employs artificial intelligence technology, enabling users to securely transfer, manage, and verify credentials without the involvement of centralized authorities. The product launch coincides with the acceleration of SSI programs by governments and corporations, including the […]
OnlyFans Founder’s Startup Bids for TikTok Acquisition
Zoop, a startup founded by OnlyFans creator Tim Stokely, along with HBAR Foundation, the developer of Hedera, have submitted a joint bid to acquire TikTok from the Chinese company ByteDance, according to Reuters. Zoop co-founder R. J. Phillips told the agency that a consortium of investors was involved in crafting the proposal. He declined to […]
Hedera Team Launches New Corporate EVM Blockchain
On March 31, developers of the Hedera Hashgraph network unveiled the beta version of a new EVM-compatible blockchain, HashSphere, aimed at corporations in regulated industries. This was announced in a press release. The solution is positioned as a private, permissioned protocol designed to offer blockchain services to asset managers, banks, and payment service providers for […]
BlackRock Denies Partnership with Hedera as HBAR Plummets 38%
BlackRock is not directly involved in Archax and Ownera’s decision to tokenize shares of the ICS US Treasury money market fund (MMF) on Hedera. A company representative clarified this, as reported by Cointelegraph. On April 23, the HBAR Foundation, the blockchain developer for Hedera, released a statement accompanied by images and videos featuring company logos. […]
HBAR Token Surges 110% Following Misunderstood BlackRock Fund Tokenization
On April 23, the HBAR Foundation, the developer behind the Hedera blockchain, announced the tokenization of BlackRock’s US Treasury Money Market Fund (MMF). Following the announcement, the HBAR token surged by 110%. Today we witness #RWA history as @BlackRock’s ICS US Treasury money market fund (MMF) is tokenized on @Hedera with @ArchaxEx and @OwneraIO, marking […]
Hedera and Saudi Arabia to Support Tech Startups with $250 Million
The Hashgraph Association, affiliated with Hedera, and the Saudi Arabian Ministry of Investment have signed a memorandum worth $250 million. Under this agreement, a DeepTech venture studio will be established to support local and international startups interested in operating in the Kingdom. The initiative will focus on developing innovative solutions in AI, blockchain, robotics, the […]
Shinhan Bank and Hedera test cross-border payments via stablecoins
South Korea's Shinhan Bank has successfully completed a proof of concept for using stablecoins for international money transfers. Hedera Hashgraph served as the base for the experiments.
Hedera Hashgraph Network Integrates ChatGPT Plugin
The Hedera Hashgraph blockchain team has added support for a ChatGPT-based plugin.
Hedera hacked for an undisclosed amount
The Hedera Hashgraph platform team reported an unauthorized withdrawal of assets from the Hedera Token Service following a breach by an unnamed mainnet smart-contract service.We use cookies to improve the quality of our service.
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