cryptocurrency widget, price, heatmap
Search icon
Search icon
Telegram iconTwitter icon
Share icon
Share page
Cryptocurrencies/Coins/Hedera Hashgraph (HBAR)
Hedera Hashgraph price, market cap on Coin360 heatmap

Hedera Hashgraph(HBAR)

Arrow icon
Add to watchlist
$0.057066
(-0.94%)
0.00000297 BTC
Market Cap (Rank#44)
$1,310,710,545
68,236 BTC
Vol 24h
$10,972,530
571.231 BTC
Circulating Supply
22,968,168,350.94
Max Supply
50,000,000,000
4 days agocointelegraph
Pro sports league Karate Combat to launch DAO for fan, athlete governance
Karate Combat’s DAO will be launched as part of a three-year sponsorship deal with Hedera’s HBAR Foundation, expected to go live in December 2022.
47 days agocryptodaily
Smart Investing for 2022: Chronoly.io (CRNO) and Hedera (HBAR)
Conventional blockchain technologies are often surrounded by controversies pertaining to their performance, security, governance, and energy in-efficient protocols. This often leaves investors confused about the best option they can invest in. Further, the 2022 bear market has pulled down the value of some of the most noteworthy names in the crypto space, like Bitcoin and Ethereum. To survive this bear market and to emerge profitable by the end of it, the best way forward is to diversify one’s portfolio and stick around till the very end. This article will give you two smart investment options that can potentially survive the ongoing “crypto winter”: Chronoly.io (CRNO) which is up 560% in the last two months and Hedera (HBAR). Chonoly.io (CRNO): Watch NFT Investment Chronoly (CRNO), an innovative watch NFT platform is quickly gaining investor attention. Launched during one of the worst bear markets in history, Chronoly’s (CRNO) value increased to 560% in its presale stage. Experienced cryptocurrency market analysts predict that Chronoly.io (CRNO) could be the next 1,000x token, considering that its price has increased from $0.01 to $0.066 in the past few weeks. Chronoly is the world's first watch NFT platform that provides its investors with NFTs backed by high-end timepieces from luxury brands like Rolex, Richard Mille, Audemars Piguet, amongst many others. Chronoly.io users can invest in a fraction of the watch NFT for a price as low as $10. They can even buy the entire NFT and redeem the physical watch from one of Chronoly’s depository vaults. The watch NFT can be sold in secondary, ethereum compatible marketplaces. Chronoly.io breaks the barriers of the luxury watch market, by allowing users of different demographics to invest in this space. Currently, in the third presale stage, Chronoly.io aims to further launch “Chronoverse'' as a rival to the metaverse. The team also aims to list CRNO, the token of this platform, on top 10 crypto exchanges. CRNO is used as a reward towards the project’s community and investors. Moreover, CRNO tokens can be staked to generate a passive income, or be used to access exclusive monthly rewards and cash prizes. Hedera (HBAR): Carbon Negative and Energy Efficient HBAR is the cryptocurrency of the Hedera hashgraphblockchain platform. Hedera, owned and backed by some of the biggest names like Google and IBM, enables users to complete cryptocurrency transactions in seconds, and even create smart contracts and distributed apps (DApps). The Hedera ecosystem is carbon negative and is capable of conducting 10,000 HBAR cryptocurrency transactions in 3-5 seconds, with a cost per transaction as low as $0.0001. Hedera follows an energy efficient “Gossip” protocol, in which every node on the network communicates with every other node, to record and authenticate transactions. Powered by hashgraph consensus mechanism, this network follows a “asynchronous Byzantine Fault Tolerance (aBFT)” security mechanism, which provides the highest degree of security that a consensus algorithm can provide. HBAR, the native cryptocurrency of the public Hedera network, is used to pay application transaction fees and network service fees that compensates validator nodes for their bandwidth, computation, and storage capabilities. Hedera (HBAR) price today is $0.081. It has increased 2.19% in 24 hours ($0.079) with a market rank of #38. By 2024, the HBAR price is expected to reach $0.31. By 2028, the token is expected to increase to $1.45. For more information about Chronoly.io presale Website: https://chronoly.io/ Telegram: https://t.me/Chronolyio Presale: https://presale.chronoly.io/register Twitter: https://twitter.com/Chronolyio Disclaimer: This is a sponsored press releaseand is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
87 days agocryptodaily
Here's why Chronoly (CRNO) will Surpass Hedera (HBAR) in Market Cap
Hedera (HBAR) has seen its market value drop from almost $7bn to $1.5bn in the recent crypto market crash. Despite the move downwards in price the project has interest from some of the biggest companies in the world. HBAR is looking to provide a more reliable smart contracts blockchain with faster speeds and predictable gas fees. That could see its price recover in the next few months. Chronoly is bringing luxury watch investments to the blockchain with NFTs minted for rare timepieces. The CRNO token shrugged off the recent bear market woes with a 500% gain over the last few weeks. Hedera (HBAR) Links Up with Dropper for NFTs The HBAR foundation recently announced that it will be partnering with Dropper to support the platform’s gaming launchpad and marketplace on the Hedera blockchain. The plan is to move the gamers and developers from Web2 into Web3. The platform has a wide range of use cases and sees an opportunity to add fairness to gaming and e-sports. Dropper then announced that it will hand out $5 million in grants to developers for NFT launches on the ecosystem. Hedera can still be a top project in the future with its plan for ‘smart contracts, done smarter’. The project claims to be 10x faster than alternative chains and offers more predictable gas fees. Some of the world’s best-known companies are involved in ownership or governance of Hedera with Google, IBM, and Boeing among the names. Those firms will likely have Hedera working on some secret projects in the background. Chronoly (CRNO) Can Outperform HBAR Chronoly (CRNO) could eventually surpass the HBAR project due to its NFT and metaverse plans. Chronoly will mint NFTs for each watch that it holds in one if its secure vaults around the world and investors can buy them on a decentralised trading platform. Trading in NFTs will speed up the market for watch investing and provide greater liquidity. The watch market is also more stable than traditional art NFTs and will provide a good foundation for development. Investors will be able to buy fractions of the timepiece, which will lower the barrier to entry for new buyers where investors can invest from as little as $10. The big growth could come later when the project realises its metaverse ambitions. The virtual reality worlds are attracting fashion brands alongside other retailers that want to sell digital products. Chronoly is likely to attract the world’s top watchmakers who will want to sell their limited-edition watches and they could collaborate for NFT drops. Investors can earn a passive income while they wait for the project to mature by staking the CRNO token and there is also a lending protocol to provide collateral. All this has led to analysts expecting a 4,000 to 5,000% rise once the token officially releases on the 27th of September on Uniswap. More information on Chronoly Presale here Website: https://chronoly.io/ Presale: https://presale.chronoly.io/register Telegram: https://t.me/Chronolyio Twitter: https://twitter.com/Chronolyio Disclaimer: This is a sponsored pressrelease, andis for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
98 days agocryptodaily
Bulls Back Hedera (HBAR) And Stellar Lumens (XLM), Chronoly.io Surges 400% In Pre-Sale
Investors looking for the right coins to buy after the recent bear market should consider Hedera (HBAR) and Stellar Lumens (XLM). Both projects have got the backing of corporate giants in the technology and payments world and that could be a launchpad for future partnerships. Hedera and Stellar have both seen the market cap of their projects hurt by the recent downturn and could provide value for investors at current prices. Chronoly.io is also one to look out for, they have created an NFT marketplace for rare luxury watches which looks set to revolutionize the market and reward Chronoly believers in the process. Hedera (HBAR) Signs Interesting Partnerships Hedera (HBAR) has struggled after the crypto downturn that began in 2021. Hedera’s HBAR has seen its value drop from highs near $0.50 to only $0.07 at the time of writing. Corporates are still keen to back Hedera and the project has the backing of some of the world’s top companies with Google, Boeing, and IBM amongst the names. The Hedera project has also recently signed a partnership with video game publishing firm Ubisoft, which will support the Hedera plans for entertainment and gaming. Investors should follow the lead of these corporate titans and get involved in HBAR. Stellar Lumens (XLM) is also in Demand Stellar Lumens (XLM) is another project that is in demand for partnerships after the recent tie-up with MoneyGram. MoneyGram serves millions of customers in global cross-border payments and Stellar will assist the project with digital payments using the USDC stablecoin. Stellar has seen a lot of movement with its price currently priced at $0.17 at the time of writing and bargain hunters could consider this long-standing project. Chronoly (CRNO) Could See Later Partnerships with Watchmakers Chronoly.io is the world’s first fractional watch investment platform on the Etheruem blockchain and will start off with its asset-backed NFT marketplace that is already attracting investor attention. Buyers will be able to buy fractions of high-end luxury watches that will be minted into NFTs. Not only that but, the project also has ambitions to enter the metaverse later with its Chronoverse platform and that could see the project in high demand from luxury brands. Dolce & Gabbana and Nike are two brands that have made early moves into the metaverse and brands such as Rolex could follow suit. Watchmakers may want to utilize the Chronoly.io trading platform, but they could also seek to link up for virtual stores and other digital collaborations. Chronoly.io is currently in a presale but it native token (CRNO) has already seen a 400% return from the first phase of the presale. Investors in the early coin drop will also get access to an exclusive members club. Discounts for trading and regular prize draws will also be available for buyers of the CRNO token. The token can be staked for an annual return in order to earn an asset-backed passive income. Industry insiders estimate that the Chronoly.io project could kick start a new trend in the cryptocurrency market which is asset-backed projects with real-world utility. For more information about the Chronoly.io Pre-Sale: Website: https://chronoly.io/ Presale: https://presale.chronoly.io/register Telegram: https://t.me/Chronolyio Twitter: https://twitter.com/Chronolyio Disclaimer: This is a sponsored press release, and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
98 days agocryptodaily
Three Promising Coins to Explore: Parody Coin (PARO), Solana (SOL) and Hedera (HBAR)
There are a growing number of cryptocurrencies on the market, and it can be difficult to decide which ones to buy into. This article looks at three promising coins to buy into Parody Coin (PARO), Solana (SOL) and Hedera (HBAR). Each of these coins has unique features that make them attractive options for possible purchases. Parody Coin (PARO) Offers Passive Income with A Different NFT Market Experience Parody Coin (PARO), which has been in the presale process for a while, has managed to attract attention with the value it offers to its holders. Despite being a newer project, the PARO token, which performed quite profitably in presale figures, gave great hope to its holders in the long run. Analysts state that the token will reach its true potential as of 2023 and that the presale figures are a complete buying opportunity. Parody Coin (PARO) has a long-term financial stability policy. A deflationary financial map is followed to keep token prices valuable and generate income for token holders. Accordingly, the token supply is reduced by burning in certain periods. Parody Coin (PARO) holders can earn passive income with the Paroflection mechanism. Thanks to the ParoRewards algorithm, it is ensured that the revenues can be obtained on any BEP-20 token. Parody Coin (PARO) also offers a different NFT market. In this market, it is aimed to create parody versions of existing NFTs. Designed to protect digital content artists, the platform also offers token holders the chance to earn additional income. Fast and Resilient: Solana (SOL) The fact that Solana has a high-speed transaction capability has attracted the attention of individual and institutional investors since its launch. The fact that a large number of investors invested in the network with interest has brought the project to a strong position. The project, which has multiplied its value since its debut, has become one of the strongest cryptocurrencies in a short time. The project is a protocol that provides the same quality service to all its users. Every 1 million transactions that occur within the ecosystem results in a cost of $10. In addition, the Solana (SOL) network is secure against censorship. Being fast and resilient are among the other advantages of the network. Hedera (HBAR) Ensures Security Hedera algorithm can seamlessly process more than 10,000 cryptocurrencies per second. The project team also states that the processes will be completed in an average of 3 to 5 seconds. The project's native token, HBAR, is the primary asset in services such as file storage and smart contracts on the platform. HBAR token holders additionally support the network’s security by staking their coins. Hedera’s primary goal is to develop decentralised applications (DApps) and create interpersonal payment models. It is among the platform's goals to increase the network's security to the next level. According to the developers, there is a governing council of 39 organisations that changes regularly. This council votes on changes to Hedera's code structure and new proposals. The council is also responsible for running the nodes in the public Hedera network. These nodes are called "Nodes.” The ecosystem includes a Proof-of-Stake (PoS) algorithm that allows members to maintain the integrity of the network and lock their tokens. It’s important to do your research before purchasing any cryptocurrency, but it seems that Parody Coin (PARO) is a promising buy. The coin has a strong team behind it and a clear roadmap for the future. With Solana (SOL) and Hedera (HBAR) also performing well in the market, now may be a good time to buy into cryptocurrencies. Links: Parody Coin Presale: https://presale.parodycoin.io/register Website: https://parodycoin.io/ Telegram: https://t.me/PARODYCOIN_OFFICIAL Disclaimer: This is a sponsored press release, and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
153 days agocryptopotato
NFTs Will Play a Critical Role and Translate into Transferable Credentials: HBAR’s Alex Russman (Interview)
Alex Russman is the Director of the Consumer Engagement Fund at the HBAR Foundation. He advises industry movers and shakers on global strategy for Web3, non-fungible tokens (NFTs), and Metaverse.
155 days agocointelegraph
VC Roundup: Gaming, crypto fintech and blockchain infrastructure dominate venture capital rounds
HBAR Foundation, bloXroute, GamerGains, Spruce, Venly, Playmint and Oasis.app headline the latest funding deals from the world of blockchain.
164 days agocryptodaily
Join the crypto millionaire community with Quitriam Finance (QTM), Hedera (HBAR) and Monero (XMR)
A growing interest in cryptocurrencies has awarded many beginner investors millions of dollars in profits. Most of us heard of someone or know someone who dipped their toes in the crypto market and became rich without huge sacrifices. If you do not want to wait 30-40 years until you can enjoy your financial freedom, why not invest in cryptocurrencies? Investing in crypto can be confusing with so many different and new coins joining every day. Research and analysis of potential investment choices can definitely reduce your stress. Presale coins are another great chance for many new and experienced crypto enthusiasts. Here is why Quitriam Finance (QTM) is expected to bring impressive profits to early investors. Quitriam Finance (QTM) Quitriam Finance (QTM) is a multi-chain decentralised AMM, Incubator, Yield Farming, and NFT Launch platform. Quitriam Finance aspires to create an inclusive DeFi (Decentralised Finance) environment powered by a fairer, less expensive, and more convenient multi-chain AMM. The crypto project intends to overcome the scalability issues of DEXs and blockchains by enhancing multi-chain transactions. Quitriam Finance users will be able to conduct peer-to-peer (P2P) transactions utilising liquidity provided by other people in the community. The platform will allow QTM token holders to obtain the finest possible stаking and farming rеwаrds. Quitriam Finance will function as a crypto savings and lending service, with customers earning interest on deposited cryptocurrency, resulting in a passive income stream. This innovative decentralised exchange will enable users to execute smаrt contract-based trаdеs instаntlу at competitively low rates. The QTM team expects its DEX to facilitate more than 50,000 transactions per second at a cost of less than $0.00001 per transfer. Quitriam Finance’s native token QTM has experienced increases of more than 54% since the start of the presale. With great potential to rise further, early investors may gain exceptional amounts of profit if invested now. Hedera (HBAR) Hedera (HBAR) is a sustainable, enterprise-grade public cryptocurrency that enables anyone to deploy powerful decentralised applications (dApps). Hedera isn’t built on a conventional blockchain but rather utilises Hashgraph, a unique ledger technology that allows improving speed, costs and scalability. The platform assures to manage 10,000 transactions per second. Hedera’s native token HBAR serves two purposes within the ecosystem. HBAR powers Hedera services, such as smart contracts, file storage and regular transactions, while also securing the network and maintaining the integrity of the platform. Hedera is experiencing a growing adoption and popularity in the crypto industry. Monero (XMR) Monero (XMR) was developed in 2014 and is regarded as a privacy crypto. Its explicit goal is focused on assuring transaction security and anonymity. Monero is a decentralised cryptocurrency that stands out in the market because of encryption techniques that disguise the identity of senders and recipients. Monero, in contrast to other blockchain networks, is particularly concerned with privacy protection technology and censorship-resistant transactions. Monero makes guarantees that all users are anonymous by default. Unlike, for example Bitcoin, which has a unique serial number that allows its usage to be monitored, XMR is totally fungible. All information regarding the XMR exchange is hidden, and its use cannot be monitored. For more information about Quitriam Finance (QTM): https://presale.quitriam.io/register https://quitriam.io/ https://t.me/QUITRIAMFINANCEOFFICIAL https://twitter.com/quitriamfinance https://www.instagram.com/quitriam_finance Disclaimer: This is a sponsored press release, and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice
173 days agocryptodaily
Ubisoft Bets On White Star Capital For Web3 Funding
White Star Capital’s funding effort for its $120 million crypto fund was led by the game development company Ubisoft. Ubisoft Support Draws In Investors Ubisoft is strengthening its presence in the crypto space by investing heavily. It has recently invested primarily in a digital assets fund by White Star Capital, intending to raise around $120 million to support small and medium-sized companies working to achieve mainstream crypto adoption. The gaming company, which has created popular games like Assassin’s Creed, Far Cry, and more, led the funding round by contributing $60 million to the Digital Asset Fund. The investment from Ubisoft has attracted other institutional investors and entrepreneurs to finance the remaining half of the fund. White Star’s Digital Assets Funds White Star Capital is a technology investment company. Highlighting the role of its Digital Asset Fund, the company’s website states, “The Digital Asset Fund is our dedicated strategy for investing in crypto networks and blockchain-enabled companies at each layer of the tech stack. Our team takes a deeply research-driven approach and applies both a crypto native and traditional VC lens to the sector, to partner with global founders across Seed, Series A, and token rounds.” Ubisoft had also contributed to the company’s first Digital Asset Fund, where it raised $50 million back in 2020 to support crypto startups like Ledn, Alex, Multis, Paraswap, Exlusible, and Rally. The latest funding from Ubisoft puts the total capital under White Star’s management at just over $1 million. The second Digital Asset Fund will continue its efforts to bring crypto adoption to the mainstream, with a special focus on DeFi and blockchain gaming. Ubisoft Ventures Into Blockchain Gaming As such, videogame giant Ubisoft is an ideal partner since it is keen on exploring the role of blockchain technology in gaming. The company’s CFO, Frederick Duguet had previously stated, “[Blockchain] will enable more play-to-earn that will enable more players to actually earn content, own content, and we think it’s going to grow the industry quite a lot. We’ve been working with lots of small companies going on blockchain, and we’re starting to have a good know-how on how it can impact the industry, and we want to be one of the key players here.” Ubisoft has already embarked on this path by investing heavily in Animoca Brands, which is the parent company behind The Sandbox game and metaverse. Continuing its blockchain ventures, in December 2021, Ubisoft also launched its first-ever NFT collection, Digits, which sold out within just half an hour. The company has also invested heavily in DOGAMÍ for the Petaverse and partnered with The HBAR Foundation to support the Hedera network. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
175 days agocryptodaily
Crypto Weekly Roundup: Bitcoin Miami Conference, Binance To Reimburse Users, Terra & Avalanche Join Forces, And More
This week's leading story in crypto is the Bitcoin 2022 conference, which has attracted prominent crypto industry experts and enthusiasts who are flocking to Miami, further establishing the city as a leading hub for cryptocurrency in the US. Additionally, Binance has conducted successful funding round to raise capital to reimburse the users who fell prey to the Ronin Validator Hack. Let’s find out more. Bitcoin The Bitcoin 2022 conference in Miami welcomes thousands of cryptocurrency enthusiasts worldwide as the city seeks to cement itself as one of the top cryptocurrency hubs in the US. DeFi Binance joined hands with investors to close a $150 million funding round to reimburse the users affected in the Ronin Validator Hack. A routine security audit turned into a potential nightmare for Convex Finance as OpenZeppelin’s security team discovered a vulnerability during a security review of the Convex Finance protocol. Altcoins Terra Luna and Avalanche join forces for a $100 million treasury swap between LFG (Luna Foundation Guard) and the Avalanche Foundation. American investment firm Tiger Global leads the $350 million fundraising round for blockchain developer NEAR Protocol. Technology Intel launched a new ASIC designed for mining proof-of-work blockchains that use SHA-256 encryption, such as Bitcoin and Ethereum. Business The HBAR Foundation launched a $250 million Metaverse Fund to attract luxury brands to interact with the Hedera metaverse ecosystem through multiple avenues. The blockchain security firm, CertiK raised $88 million in its latest round of funding, pushing its valuation to $2 billion. CEO Howard Schultz announced that Starbucks would soon be entering the Metaverse by making its NFT debut in 2022. Adidas is launching the first personality-based AI-generated avatar creation platform in collaboration with the cross-game avatar platform, Ready Player Me. Following a MailChimp data breach, a phishing attack targeted Trezor wallet users via their registered email addresses. Regulation Treasury secretary Janet Yellen recently signaled that a US CBDC might be further off than thought. Two US House members have proposed a new bill in order to ‘mitigate the risks’ of El Salvador’s adoption of Bitcoin as legal currency. HM Treasury has announced that London will welcome cryptocurrency, with City Minister John Glen stating in a speech stating that the UK is open to crypto businesses. ESPN partnered up with NFL legend Tom Brady to launch an NFT collection on Polygon based on Brady’s docuseries. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
177 days agocryptodaily
$250M Fund Launched To Promote Hedera Metaverse
The HBAR Foundation launched the fund to attract luxury brands to interact with the Hedera metaverse ecosystem through multiple avenues. Metaverse Fund Launched On Thursday, The HBAR Foundation (THF) announced the allocation of a new $250 million fund (called the THF Metaverse Fund) to encourage both brands and their consumers to interact with the Hedera Hashgraph metaverse ecosystem. The announcement published on its website pointed out, “If the metaverse is the next iteration of human experience then an unprecedented number of individuals will be onboarded into the applications and platforms that make up this realm. The THF Metaverse Fund was launched to bring consumers into the Hedera ecosystem at scale and accelerate the development of applications in high-growth target areas.” Targeting High-Growth Areas For Development The four main avenues of funding will be Gaming and Virtual Worlds, Consumer Brands and Collectibles, Sports Platforms and Fan Engagement, and Enterprise Metaverse. According to the announcement, the fund will focus on drawing in both B2C and B2B organizations to scale up its user integration into Web3. Furthermore, the fund will also be utilized to develop and advance the virtual ecosystem. Game developers interested in building within the ecosystem will receive extra support, as will those looking to create and introduce non-fungible tokens (NFTs). Sayl - One Of The First Grantees One of the first companies to benefit from the fund will be the customer relationship management platform Sayl. An undisclosed portion of the fund has been already earmarked for this company, which is aiming to blend customer relationship management with the functionalities of Web3 as the first Owner Relationship Management platform for Web3. Sayl co-founder Geert Roete commented on the company’s decision to participate in the Hedera ecosystem, saying, “We chose to build on Hedera for its carbon negative and enterprise-grade blockchain, tailored for security and regulatory compliance. This is exactly what brands and consumers are looking for when they enter this space.” DeFi Fund Launched In March Last month, THF launched a decentralized finance (DeFi) incentive program featuring a $155 million Crypto Economy Fund to integrate its DLT technology into DeFi supported use-cases. The fund’s director, Alex Russman, had said, “The metaverse will require robust infrastructure that champions decentralization while remaining intuitive for consumers, brands, and developers.” By launching the Crypto Economy Fund and the Metaverse Fund, THF is focusing on growing the Hedera ecosystem by supporting organizations that are developing the DeFi and NFT spaces. The HBAR Foundation is also helping organizations scale up through integrated support across technical, marketing, business development, and other operational fields. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
178 days agocointelegraph
HBAR Foundation launch $250M metaverse fund to enhance consumer brand adoption
This is the largest fund the HBAR foundation has launched to date, a statement of intent for their aspiration in the tokenized economy and metaverse space.
178 days agocoindesk
HBAR Foundation Commits $250M to Drawing Metaverse Apps to Hedera
The announcement follows a $155 million DeFi fund launched at the end of March.
182 days agocryptodaily
Crypto Weekly Roundup: Ronin Bridge Hack, Blockchain.com’s $14B Valuation, Solana NFTs On OpenSea, And More
It has been an eventful week in the global crypto space. While the Ronin sidechain of Axie Infinity faced an exploit, robbing it of millions of dollars, crypto exchange Blockchain.com raised its valuation to a whopping $14 billion. Let’s find out more. Bitcoin Kraken exchange users have reported that functionalities for Bitcoin Lightning Network are already available on the platform, despite the crypto exchange targeting the launch for said functionalities at an earlier date. Anticipation is rising for Apple CEO to announce BTC payments at the upcoming Bitcoin Conference in Miami scheduled for 6 to 9 April. Michael Saylor’s MicroStrategy announces that one of its subsidiaries has taken out a loan of $205 million to buy more BTC. Grayscale is currently strategizing on launching an ETF for Bitcoin, and reports indicate that it is willing to challenge the SEC should its application for a spot ETF become denied. DeFi DeFi protocol Ola Finance suffered a re-entrancy attack that saw some $3.6 million worth of crypto drained from its protocol. Wave Financial announced the launch of a new fund designed to boost liquidity options for newly created DeFi platforms built on the Cardano ecosystem. Axie Infinity's Ronin Sidechain has been exploited, with a threat actor stealing away an estimated $625 million in USDC and ETH. Hedera Hashgraph opened a DeFi incentive program through the HBAR Foundation, the developers behind its tech. Technology Banking giant Citi has signaled that it is quite bullish around the metaverse, predicting that it could grow to anywhere between $8 trillion and $13 trillion by 2030. LayerZero Labs closed a $135 million Series B investment round led by Andreessen Horowitz, FTX Ventures, and Sequoia Capital. Shiba Inu developers launched its latest update with "SHIB: The Metaverse," which it previously announced last month. Opera launched multichain compatibility with Bitcoin, Solana, and Polygon, through its Crypto Browser project initiative. The state government of Maharashtra recently announced that it has joined hands with Polygon to issue verifiable caste certificates on its blockchain platform LegitDoc. Crypto wallet firm MetaMask updated its iOS app, enabling iPhone users to buy crypto with Apple Pay. Business Binance became the first-ever official crypto exchange partner of the Grammy Awards for music. After raising an undisclosed amount in funding from several global VC firms, Blockchain.com’s valuation soars to a staggering $14 billion. Dubai’s Citizens School announced that it would accept school fee payments in BTC and ETH, becoming the first school in the Middle School. The development team behind the Helium decentralized wireless network (HNT) announced that it would change its trade name to Nova Labs going forward. Football legend Lionel Messi signed a $20 million deal with Socios.com to become the fan token site’s global brand ambassador. The NFL announced that Detroit would host the 2024 draft and revealed that teams would be able to seek out blockchain partnerships with platforms such as Coinbase and FTX. Australian crypto exchange BTC Markets is opening up debit, prepaid, and credit card payment options for its customers through the partnership with Mastercard. A local newspaper reported that Coinbase Global is in talks to acquire 2TM, the parent company of Brazil’s largest crypto exchange - Mercado Bitcoin. Regulation A senior Bank of Japan official commented on the need for a common framework to regulate cryptocurrencies before they “upend” the global settlement system. According to sources, the Indian government is waiting to devise any set cryptocurrency law till a global consensus emerges on regulating such assets. The EU vote could oblige crypto exchanges to report crypto transactions above $1000 from “unhosted cryptocurrency wallets” and collect personally identifiable information. South Korea’s incoming president Yoon Suk-yeol has vowed to loosen crypto regulations and introduce pro-crypto measures. The FCA moved its March 31st deadline for select crypto firms under its jurisdiction in line with some revisions to its guidelines on the registration process. Vietnam’s Ministries of Finance, Justice, and Information & Communications are coming together to assist the State Bank of Vietnam in developing a legal framework for cryptocurrencies. FCA’s high standards for regulatory approval forced multiple UK-based crypto companies to move abroad. The UK's finance ministry will release new regulations for cryptocurrencies and blockchain tech across its jurisdiction. The Austin City Council has passed two resolutions related to crypto assets and blockchain technology. NFT Samsung announced that it is launching the world’s first-ever Smart TV NFT Platform in partnership with Nifty Gateway, the NFT marketplace owned by Gemini. OpenSea teases support for Solana by hinting that Solana NFTs could be coming to the OpenSea NFT marketplace. Payments technology firm Visa launched its Creator Program to support select small business owners and educate them on NFTs. Ukraine's Ministry of Digital Transformation launched the Meta History Museum of War alongside an NFT collection titled "Warline." Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
187 days agocryptodaily
Hedera Hashgraph Opens $155m DeFi Fund
Hedera Hashgraph, an enterprise-focused distributed ledger technology (DLT) firm, has opened a decentralized finance incentive program through HBAR Foundation, the developers behind its tech. Dubbed the "Crypto Economy Fund" the $155 million investment will be pooled to focus on projects leveraging Hedera's DLT technology and integrating it with decentralized finance (DeFi) use cases. While Hedera has been around since at least 2017 in the blockchain space, its latest foray into DeFi can be considered as a new beginning. Hedera's chain, with HBAR as its native token, is currently valued at $50 million in TVL (total value locked). The contention here is that Hedera cannot be ranked among other DeFi protocols since its core technology is not necessarily built on top of existing blockchain technologies with the same tech stack as popular DeFi protocols. "I would hesitate to call it a pivot, but it’s broadening our scope and taking what we’ve learned in the last two years and reshaping it in a way that’s meaningful and usable by the average retail user,” said HBAR Foundation Director Elaine Song. According to Song, $60 million out of the $155 million fund will be allocated for liquidity mining rewards for decentralized exchanges, with the remaining funds going to infrastructure grants. "Hedera has always been focused on enterprise, and even within enterprise focused on a discrete use case, which is efficient distributed ledgers and throughput. There is another exciting part of the industry focused on retail and adoption, however," explains Song. Hedera, though, is fully compatible with the Ethereum Virtual Machine, with the recent launch of this integration back in February, enabling smart contract functionalities on-chain through Solidity. This update from Hedera has integrated the Hedera Token Service (HTS) with Hedera Smart Contract Service. Hedera has also committed to make its hashgraph technology open source, with the whole codebase to be made available as a public resource. The Crypto Economy Fund is a clear indication that Hedera is looking to make inroads into the DeFi space. While it doesn't have the same track record as some of the more popular DeFi protocols, Hedera's hashgraph technology has proven to be scalable and reliable. With a $155 million incentive fund in place, the DeFi sector could see some exciting projects coming out of Hedera in the near future. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
187 days agocoindesk
Hedera, Newly EVM-Compatible, Woos DeFi With $155M HBAR Fund
The network wants to attract decentralized finance projects in a shift toward retail traders.
192 days agocoindesk
Emissions Tracking Project Goes Live on Hedera as HBAR Stands Up $100M ESG Push
Meeco looks to track carbon credits and renewable energy certificates in the form of ledger-based tokens.
206 days agocointelegraph
HBAR Foundation launches $100M climate-focused impact fund, declaring DOVU as inaugural grantee
According to the announcement, the fund is "designed to strengthen accountability and transparency in ecological markets", with an inherent adherence of contributing towards the 2030 UN Sustainable Development Goals.
206 days agocointelegraph
FTX joins other crypto goliaths to promote autonomy over sensitive information
FTX and Alkemi add to the list of 14 crypto companies partnered with Verite, including Coinbase, Circle, Hedera Hashgraph, Ledger, Solana Foundation and more.
206 days agocoindesk
Hedera’s HBAR Foundation Launches $100M Sustainable Impact Fund
The fund will target projects that focus on sustainable development, such as carbon offsets.
241 day agocryptosrus
Ubisoft Partners With Hedera Hashgraph For Play-To-Earn Development
Hedera Hashgraph makes its bold entrance into the play-to-earn space with this partnership announcement. For Ubisoft, it’s the second such partnership from the gaming giant. Covered: Hedera Hashgraph Partners With Ubisoft Ubisoft’s Continued Push Into Play-To-Earn Tezos’ Partnership With Ubisoft Hedera Hashgraph Partners With Ubisoft Welcome to the $HBAR economy and ecosystem @Ubisoft! Pumped for […] The post Ubisoft Partners With Hedera Hashgraph For Play-To-Earn Development appeared first on CryptosRus.
256 days agocointelegraph
Hedera Governing Council to buy hashgraph IP, and open-source projects code
Distributed ledger service, Hedera Hashgraph is expected to deploy a panoply of upgrades in 2022 in line with their long-term pursuit of decentralization.
265 days agocryptopotato
Hedera Hashgraph Partnered With UK Air Traffic Company to Track Drones
Hedera Hashgraph and Neuron worked together to track drones and record data using the former's blockchain tech.
268 days agocointelegraph
UK air traffic tech firm uses Hedera Hashgraph to track drones
The multi-drone trial was held in Port Montrose, Scotland, and Cranfield University in Bedfordshire in April and October of 2021 respectively.

About Hedera Hashgraph

The live price of Hedera Hashgraph (HBAR) today is 0.057066 USD, and with the current circulating supply of Hedera Hashgraph at 22,968,168,350.94 HBAR, its market capitalization stands at 1,310,710,545 USD. In the last 24 hours HBAR price has moved 0.000322 USD or 0.01% while 11,785,091 USD worth of HBAR has been traded on various exchanges. The current valuation of HBAR puts it at #44 in cryptocurrency rankings based on market capitalization.

Learn more about the Hedera Hashgraph blockchain network and how it works or follow the price of its native cryptocurrency HBAR and the broader market with our unique COIN360 cryptocurrency heatmap.

HBAR is the native cryptocurrency of Hedera Hashgraph, used to power smart contracts and decentralized applications (DApps) on the Hedera network.

Hedera came into inception in 2018 with the combined efforts of Leemon Baird, a computer scientist, and Mance Harmon, a technology executive. The entity was later renamed to Hedera Hashgraph, the distributed ledger technology (similar to a blockchain) on which the Hedera network operates.

The general mission of Hedera is to provide a decentralized economy with fast, fair, secure applications, with its energy-efficient cryptocurrency HBAR.

Hedera, unlike most other cryptocurrencies, is governed by the Hedera Governing Council which consists of 39 global enterprises such as Boeing, Google, IBM, LG, and 11 different industries.

HBAR price

According to the HBAR live price chart, the coin saw its first major pump in February 2020 when Google announced it would be joining the Hedera Hashgraph network as a validator.

During that time, HBAR price in USD terms peaked at nearly $0.08 from $0.0099 — a 700%+ increase — between Jan. 2 to Feb. 12, 2020, setting a new all-time high. However, this trend was short-lived as HBAR followed a steady decline in the coming months — falling close to $0.01 again in March 2020.

HBAR price continued to show volatility throughout 2020, printing some promising spikes — going up to $0.05 and $0.06 In August, attempting to recapture its all-time high. 

However, Hedera started 2021 with a bang, going from around $0.03 to over $0.45 between Jan. 1 to March. 15, 2021 — a gain of over 1,300%.

While HBAR price hit a rough patch mid-year, along with the entire crypto market, it found its footing again when Hedera Hasgraph announced that it would be expanding its ecosystem by bringing on new partners, introducing non-fungible token (NFT) integration and minting capabilities. 

Subsequently, HBAR coin price reached a new all-time high of $0.5 on Sep. 15, charting a growth of 150% in just 15 days. At its 2021 all-time high HBAR's fully diluted valuation stood at $25 billion.

How HBAR works

HBAR, unlike most cryptocurrencies, does not use traditional blockchain technology. Instead, it uses hashgraph technology, which is patented by Hedera. 

Consequently, instead of using the common proof-of-stake (PoS) or proof-of-work (PoW) consensus protocols, Hedera uses ‘gossip about gossip’ or simply, the gossip protocol. This means, all the information is passed from one node to another based on random selection. Ultimately, all nodes end up syncing, ensuring that the information has been distributed to all network members.

The use of hashgraph technology has allowed Hedera to reduce costs and increase speed significantly.

The typical transaction fee for HBAR is around $0.0001, and the network can process up to 10,000 transactions per second (TPS), with a verification time of 3 to 5 seconds.

HBAR news, updates, and highlights

On Feb. 11, 2020, Google announced that it would be joining the Hedera Hashgraph Governing Council as a node member. The announcement also mentioned that Hedera had chosen Google Cloud as its cloud service provider. This had a significantly positive impact on HBAR price.

HBAR saw another big development in May 2020, when LG joined the Hedera Governing Council as a validator.

More recently, in February 2022, Hedera announced the launch of "Smart Contracts 2.0" which supported Ethereum Virtual Machine (EVM), allowing DApps on Ethereum to be deployed on the Hedera network.

In March 2022, the HBAR foundation made another big announcement, pledging $155 million to attract DeFi projects and retail users.

Frequently asked questions about HBAR

  • Can I mine or stake HBAR?

Since Hedera has its own consensus mechanism you cannot mine HBAR. However, according to the Hedera website, coin holders will be able to proxy stake them in the near future.

  • What are some of the best HBAR wallets?

HBAR has a wide range of wallets to choose from including Atomic Wallet, Coinomi and edge. If you are looking for a hardware wallet, Ledger is a great option. It is worth noting that Trezor does not support HBAR.  

  • What can you do with HBAR?

HBAR can be used to pay for network services, including value transfer and smart contracts. According to the Hedera website, you will also be able to use HBAR to run network nodes and vote on transactions in the near future.

  • How to buy HBAR?

You can buy HBAR by exchanging your BTC, ETH, and USDT tokens on exchanges like HitBTC and MEXC Global. 

Hedera Hashgraph Price0.057066 USD
Market Rank#44
Market Cap1,310,710,545 USD
24h Volume10,972,530 USD
Circulating Supply22,968,168,350.94 HBAR
Max Supply50,000,000,000 HBAR
Yesterday's Market Cap1,323,240,700 USD
Yesterday's Open / Close0.05729 USD / 0.057612 USD
Yesterday's High / Low0.057814 USD / 0.056925 USD
Yesterday's Change
0.01% ( 0.000322 USD )
Yesterday's Volume11,785,091 USD
Select...
/
Select...
Powered by  Cryptocurrency prices in USD, market cap, volume
Sorry, no liquidity for this pair
Community
Arrow icon