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

A widely followed cryptocurrency analyst and trader is turning bullish on one Ethereum (ETH) layer-2 project. The analyst pseudonymously known as Credible Crypto tells his 379,100 followers on the social media platform X that Optimism (OP) is now in the midst of price discovery and could move much higher.

Trader Says Altcoin That's Near All-Time High Could ‘Accelerate Quickly,' Updates Outlook on Hedera and Kaspa

The Digital Euro Association (DEA) has entered into a partnership with the HBAR Foundation. This collaboration aims to bolster its comprehension of central bank digital currencies (CBDCs) and stablecoins. Although this partnership marks a significant milestone in the digital currency landscape it nevertheless does not amount to an endorsement of any ideologies or products.

Digital Euro Association Partners With HBAR Foundation to Boost Understanding of CBDCs and Stablecoins

The company will use the Hedera Hashgraph technology to improve business efficiencies.

Food Company Mondelēz International Joins Hedera Council to Experiment With DLT

The Hedera Council announces an allocation of 4.86 billion HBARs, primarily focused on bolstering initiatives like the HBAR Foundation, Hashgraph Association, and DLT Science Foundation. Hedera Council Commits 4.86 Billion HBARs In a move towards enhancing its network and decentralized governance, the Hedera Council has approved an allocation of funds amounting to 4.

Hedera Council Boosts Blockchain Innovation With Billions in HBAR

The Hedera Global Governing Council has approved 4.86 billion Hedera (HBAR) tokens, worth approximately $389 million, to support the growth and development of the Hedera ecosystem.

Hedera Approves $389M Worth of HBAR To Fund Ecosystem Growth

For Hedera (CRYPTO: HBAR) CFO Betsabe Botaitis, the goal isn't just to build a state-of-the-art network to support decentralized applications (DApps) and digital assets. Sustainability, she says, is key.

How Hedera's Betsabe Botaitis Champions Sustainability: A Future Of Digital Assets Spotlight

Betsabe Botaitis is a CFO at Hedera – a DeFi-oriented company providing enterprise blockchain solutions. She's responsible for all financial and accounting activities, including token economics and strategy.

Meet Hedera's CFO Betsabe Botaitis: True DeFi Success 'Would Be That I'm Completely Not Needed'

Ethereum

Bitcoin (CRYPTO: BTC) traded higher, with the cryptocurrency prices trading above the $26,400 level on Thursday. Ethereum (CRYPTO: ETH), also moved higher, trading above the key $1,600 mark this morning.

Ethereum Tops This Key Level Following PPI Data; Hedera Emerges As Top Gainer

Bitcoin

The latest price moves in bitcoin (BTC) and crypto markets in context for Sept. 14, 2023. First Mover is CoinDesk's daily newsletter that contextualizes the latest actions in the crypto markets.

First Mover Americas: BTC Holds $26K; Hedera's HBAR Jumps

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

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

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

Zcash

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

News for Hedera Crypto (HBAR)