Hedera

Hedera, also known as Hedera Hashgraph, is a public network that aims to enable individuals and businesses to create decentralized applications (DApps).

Hedera's native utility token, HBAR, plays a dual role within the network, powering services like smart contracts and file storage, and assisting with maintaining the platform's integrity.

Hedera is based on a Proof-of-Stake (PoS) model, which is designed to enhance the efficiency of transaction verification and provide a high level of security. 

source: Coinmarketcap

Both protocols have seen their tokens drop more than ether in daily trading as the next unlocks inch closer.

SUI and HBAR Slump Ahead of Latest Crypto Token Unlocks

The Hedera Hashgraph network-based micropayments platform Dropp has been included in the list of “service provider showcase” on the Federal Reserve's FedNow payment service website.

Hedera-based Dropp Project Featured in FedNow Service Provider List, HBAR Soars 17%

The token has now rallied nearly 50% over the past two months.

HBAR Rallies on FedNow Addition of Hedera-Based Dropp

The Federal Reserve's payment service FedNow has added the Hedera-powered micropayments platform Dropp to its list showcasing service providers.

HBAR Surges 16% as FedNow Adds Hedera Project Dropp to 'Service Provider Showcase'

The latest price moves in bitcoin (BTC) and crypto markets in context for August 2, 2023. First Mover is CoinDesk's daily newsletter that contextualizes the latest actions in the crypto markets.

First Mover Americas: Hedera's Token Gains on Fed Move

South Korea's Shinhan Bank completed a feasibility test for stablecoin remittance payments using Hedera's distributed ledger technology.

South Korea's Shinhan Bank tests stablecoin payments on Hedera network

Bitcoin

A widely followed crypto trader is anticipating bullish price action for Bitcoin (BTC), XRP and one Ethereum (ETH) rival.

Crypto Trader Turns Bullish on Bitcoin (BTC), XRP, and One Ethereum (ETH) Rival

Ethereum

Bitcoin (CRYPTO: BTC) moved lower, but the cryptocurrency prices remained above the key $28,000 level on Friday. Ethereum (CRYPTO: ETH), meanwhile, moved higher, trading above the key $1,800 mark this morning.

Ethereum Trades Above This Key Level; Hedera, Rocket Pool Among Top Gainers

Layer-1 blockchain Hedera (HBAR) had to pause normal activity this week due to a hack on its smart contract service code. The Ethereum (ETH) competitor acknowledged the exploit in a tweet on Thursday.

Hackers Exploit Ethereum (ETH) Rival, Normal Activity Paused To Prevent Theft of More Tokens

The core team at Hedera reported that the attackers targeted liquidity pools on multiple decentralized exchanges (DEXs) to steal assets.

Hedera confirms hackers stole tokens from DEXs, exploiting a bug in ‘smart contract service'

The network's native token, Hedera (HBAR), fell 7% to roughly $.055 on news of the irregularities.

Hedera Turns off Services After 'Network Irregularities'

The HBAR Foundation, the organization working on the Hedera blockchain, said that it had noticed network irregularities affecting various Hedera decentralized applications (dApps) and their users.

Hedera blockchain undergoing technical irregularities, HBAR Foundation says

The founder of proof-of-stake layer-1 blockchain Hedera (HBAR) is revealing the project's ambitions for the year, saying that the network has managed to defy last year's crypto winter. In a new interview on the Paul Barron Network YouTube channel, Hedera co-founder and CEO Mance Harmon lays out his ambitious roadmap for the crypto protocol.

Hedera (HBAR) Founder Reveals Big Ambitions for 2023, Says Network Defying Bear Market With Steady Growth

The council that runs the Hedera public ledger now has up to 39 members, each of which run a node on the network. Other members include Google, IBM Deutsche Telekom, Boeing, DBS and Nomura Holdings.

Dell Joins Hedera Governing Council to Explore Developing Decentralized Applications

Technology giant Dell will join the likes of Google, FIS and Abrdn on the Hedera governing council. It will run a consensus node and explore use cases.

Tech giant Dell joins Hedera's governing council

Lido DAO

Zcash

Altcoins are rising above the moving average lines and climbing to new highs.

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Solana

Blockchain analytics firm Santiment is expressing bullish sentiment on seven crypto assets which are currently being heavily betted against. Santiment says that layer-1 blockchain Solana (SOL), decentralized public network Hedera (HBAR) and privacy coin ZCash (ZEC) are some of the crypto assets that are set to rally amid heavy shorting.

Solana (SOL), Zcash (ZEC), Hedera (HBAR) and Four Under-the-Radar Altcoins Primed for Breakouts: Santiment

A closely followed crypto trader is flipping bullish on one of Ethereum's (ETH) competitors as markets enter a new year. The pseudonymous trader known as Credible tells his 335,000 Twitter followers that he's looking to dollar cost average (DCA) into Hedera (HBAR), which is currently over 93% down from all-time highs.

Popular Crypto Trader Turns Bullish on Hedera (HBAR), Reveals Short-Term Ethereum (ETH) Price Target

Cardano

Algorand

Stellar

First of all, what is ISO 20022? ISO 20022 is an ISO standard for electronic data interchange among financial institutions.

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Top US-based crypto exchange Coinbase is adding Ethereum challenger Hedera (HBAR) to its roster of supported digital assets. Coinbase says that the token of the most widely-used enterprise grade public network for decentralized applications is already live on its platforms. “Hedera (HBAR) is now live on Coinbase.com and in the Coinbase iOS and Android apps.

Exchange Giant Coinbase Lists Major Ethereum Rival, Spurring Short Price Explosion

Quant continued to trade close to an eight-month high on Wednesday, as prices of the token rose for a second straight day. Hedera was another notable mover in today's session, as it rose by as much as 11% earlier in the day. Overall, crypto markets are marginally down as of writing.

Biggest Movers: QNT Remains Near Multi-Month High, HBAR 11% Higher

UK investment firm Abrdn is taking another major leap into digital assets space by joining the Hedera Governing Council. The post Abrdn takes another step into digital assets with Hedera partnership appeared first on The Block.

Abrdn takes another step into digital assets with Hedera partnership

The Edinburgh, Scotland-based company becomes the 27th member of the council that runs the Hedera blockchain-like public ledger.

UK Investment Giant Abrdn Joins Hedera Governing Council to Advance Tokenization Goals

Shark Tank's Kevin O'Leary says the shortcomings of Ethereum (ETH) leave the smart contract platform exposed to competition. In a recent Stansberry Research interview, O'Leary says anything could still happen in the young layer-1 sector. But really, at the end of the day, ETH is slow and it's expensive.

Kevin O'Leary Names Two Ethereum Rivals That He Believes Could Challenge ETH's Dominance

The co-founder of a leading Ethereum (ETH) rival is making the case for his blockchain as the crypto bear market continues.

News for Hedera Crypto (HBAR)