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

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

The Sandbox

Zcash

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

Weekly Cryptocurrency Market Analysis: Altcoins Consolidate Near Recent Highs In Preparation For An Uptrend

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.

These 7 Cryptocurrencies Are ISO 20022 Compliant - Are They The Future Of Payments?

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.

Here Are Two Use Cases for Hedera Hashgraph (HBAR), According to Its Co-Founder Mance Harmon

South Korea-based LG Electronics has chosen the enterprise blockchain Hedera (HBAR) to power its non-fungible token (NFT) platform for smart TVs.  LG's newly launched NFT platform, LG Art Lab, allows users to buy, sell and trade NFTs on their LG smart TVs running webOS 5.0 or later.

Mid-Cap Ethereum Rival Selected by Electronics Giant LG for NFT Partnership

LG Display Co, Ltd (NYSE: LPL) has launched its NFT platform LG Art Lab which will enable users to buy, sell, and display digital artwork right from their living rooms.  The news comes just after Samsung Electronics Co, Ltd's (OTC: SSNLF) stride into the NFT space with the release of an NFT marketplace for its smart TVs.

LG Begins Rolling Out NFTs to Consumer TVs - Following In The Footsteps Of Samsung

The electronics giant has launched its own NFT marketplace—the second South Korean television manufacturing titan to do so this year.

LG Electronics Launches New NFT Marketplace ‘LG Art Labs'

LG Electronics, the Seoul-based television company, launched a new NFT platform with the help of the Hedera blockchain. The post TV maker LG Electronics launches NFT platform with Hedera appeared first on The Block.

TV maker LG Electronics launches NFT platform with Hedera

The consumer electronics company, which has served on The Hedera Governing Council since 2020, is bringing NFTs to television screens through a platform built on the Hedera network.

LG Picks Lesser-Known Hedera Blockchain for Television NFTs

LG, the South Korean electronics giant, is currently developing a cryptocurrency wallet app that will be launched later this year. The wallet, called Wallypto, will be part of a new business phase for the company, which recently abandoned its mobile hardware business and pivoted to software solutions.

LG to Launch Crypto Wallet Wallypto Later This Year

Bitcoin

Polygon

Shark Tank star Kevin O'Leary is revealing that he took advantage of the market downturn to add to his crypto holdings. In a new interview with Stansberry Research, O'Leary says that his crypto portfolio suffered a double-digit drawdown, but he took that as an opportunity to buy the dip. “We took a hit.

News for Hedera Crypto (HBAR)