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Dovu leads HBAR Foundation’s $100M charge into climate conservation efforts

The HBAR Foundation was created last year by distributed ledger firm Hedera Hashgraph Dovu will be the first entity to receive capital from the Fund The HBAR Foundation, a charitable and independent affiliate of distributed ledger network Hedera Hashgraph has received a $100 million boost aimed at climate-focused initiatives as the firm aims to achieve sustainability. The Foundation explained that the Fund launched as there is a massive “need for greater transparency, auditability, and efficiency of industry impact on the global environment.” A climate-focused fund The Sustainable Impact Fund (SIF) will promote environmental consciousness by developing initiatives to work around carbon removal and offsets, carbon emissions, and other environment conservative activities. “We are excited to ...

HBAR Foundation launches $100M climate-focused impact fund, declaring DOVU as inaugural grantee

The HBAR Foundation, a philanthropic and independent subsidiary of distributed ledger firm Hedera Hashgraph, has announced the launch of the environmentally-conscious Sustainable Impact Fund (SIF), conceived to foster the development of climate-conscious solutions within the Hedera ecosystem. The first recipient, a Welsh blockchain company called DOVU, will be granted $100 million to pursue their open-source Guardian technology to develop publicly transparent mechanisms, such as their audit trail, to verify carbon-offsetting data. A supporter of the Crypto Climate Accord, Dovu’s carbon-centric market capitalization platform aggregates an abundance of real-time quantitative data on all Ethereum-based projects, tracking and openly publishing their carbon debt based upon ...

Bitcoin may head to $45k – $47k without CME gap filling, crypto analyst suggests

Market analyst Credible Crypto has set forth that CME gap filling isn’t guaranteed The analyst also pointed out that the bottom is likely in for Hedera (HBAR) Popular crypto trader and market analyst Credible Crypto has given his views on the price movements of Bitcoin and Hedera Hashgraph. The analyst shared the forecast tweets on his page accompanied by respective analysis charts. BTC/USD Credible crypto quoted a tweet shared at the end of last week – when he anticipated Bitcoin to continue sideways trading, at the time, as it would “allow for some final pumps on many ALT/BTC pairings before $BTC drains them.” In his recent tweet, Credible Crypto argued that the flagship cryptocurrency could climb towards $47k without the CME gap and swing lows being filled. BTC/USD tra...

Hedera Governing Council to buy hashgraph IP, and open-source projects code

The Hedera Governing Council has officially voted to purchase the intellectual property rights to the hashgraph consensus algorithm from founding architect and inaugural member of the council, Swirlds Inc, for an undisclosed fee. A Wednesday announcement also details plans to transition their code to an open-source model this year under Apache 2.0 license, in addition to transferring core team members such as CEO Mance Harmon and chief scientist Leemon Baird from Hedera to Swirlds Inc. as the CEO and chief technology officer, respectively, and deploying community staking and node opportunities, among other updates. Hedera Hashgraph is an enterprise-grade distributed ledger technology designed to create decentralized applications in the Web3 sphere. It’s governing council is composed ...