Source: Coindesk.com
Hedera's HBAR token rallied Tuesday after the project announced that BlackRock's U.S. Treasury money market fund had been tokenized on the Hedera blockchain. The token gave back some of its gains when investors realized that BlackRock was not directly involved.
Sometimes the use of the passive voice is just clumsy writing;
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The post "Hedera's HBAR Doubles on Misinterpretation of BlackRock Announcement, Then Falls 25%" appeared first here Coindesk.com.
Source: Coindesk.com
