Draft:Hex (cryptocurrency)
| Submission rejected on 7 December 2023 by S0091 (talk). This topic is not sufficiently notable for inclusion in Wikipedia. Rejected by S0091 11 months ago. Last edited by Auric 5 months ago. |  |
Comment: Sources are either not reliable or not about the cryptocurrency. Nothing suggests this can even meet the verifiability policy much less notability. S0091 (talk) 22:20, 7 December 2023 (UTC)
Hex is a cryptocurrency created by Richard Heart. It was launched on the Ethereum blockchain in December 2019[1] and later forked to another blockchain, Pulsechain, in 2023.[2]
Advertising
[edit]Hex is one of several cryptocurrency projects to engage in mass advertising. In 2020 British newspaper The Economist published a controversial advert about Hex.[3]
Diamond renaming
[edit]In February 2022, British-founded auctioneer Sotheby's sold a one billion year old diamond known as The Enigma for £3.16m. In 2006 it had been named the world’s largest cut diamond by Guinness World Book of Records.[4] Although Sotheby's did not identify the purchaser, Heart claimed that he was the buyer, and that it would been renamed the "HEX.com diamond". [5]
Movie
[edit]A movie about Hex and Heart was released in summer 2023. The Highest of Stakes[6] features Heart along with both fans and critics of himself and Hex. Later the same year it was made available on AppleTV[7] and Amazon Prime Video.
Books
[edit]Several books have been published about Hex.[citation needed]
Lawsuits
[edit]In September 2021, an Arizona resident took legal action against popular website Coinmarketcap, claiming they did not list Hex in its correct location. The case was dismissed in February 2023.[8]
Later that year, the US Securities and Exchange Commission (SEC) charged Heart with raising funds illegally initially for Hex and later for Pulsechain and PulseX.[9]
References
[edit]- ^ "SEC.gov | SEC Charges Hex Founder Richard Heart with Misappropriating Millions of Dollars of Investor Funds from Unregistered Crypto Asset Securities Offerings that Raised more than $1 Billion". www.sec.gov.
- ^ "PulseChain · GitLab". GitLab.
- ^ Brad Michelson [@BradMichelson] (August 2, 2020). "Check out this HEX ad in @TheEconomist. Yikes... 😬" (Tweet) – via Twitter.
- ^ McKeever, Vicky (February 10, 2022). "Billion-year-old black diamond bought with cryptocurrency for $4.3 million". CNBC.
- ^ "The Enigma: Billion-year-old black diamond sold for £3.16m". February 10, 2022 – via www.bbc.com.
- ^ "The Highest of Stakes". www.thehighestofstakes.com.
- ^ Moreau, Patrick; Peelle, Grant (August 4, 2023). "The Highest of Stakes - Apple TV". Apple TV.
- ^ "Class Action Alleges CoinMarketCap.com, Binance Gamed Rankings to Artificially Suppress Price of HEX Cryptocurrency". www.classaction.org. September 15, 2021.
- ^ Stempel, Jonathan (July 31, 2023). "US SEC says Hex crypto founder defrauded investors, spent money on 'Enigma' diamond". Reuters – via www.reuters.com.