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Cryptocurrencies remained in a tight range last week even as concerns about the US economy following the Fitch credit rating downgrade continued. Most coins and tokens were also barely moved after the mixed non-farm payrolls (NFP) data published on Friday. Despite all this, Chancer, the new betting and prediction platform, continued raising cash.
In a groundbreaking move that promises to reshape the landscape of digital finance, Hedera (HBAR) has announced a strategic partnership with FreshSupplyCoAu to integrate with the Continuity API. This integration will enable seamless connections to banks and the Mastercard Network, bridging the gap between decentralized blockchain technology and conventional financial infrastructure.
Hyundai and Kia, two major automakers, have embraced the Hedera network, indicating an increase in blockchain adoption.
HBAR, the native cryptocurrency of Hedera Hashgraph, has garnered attention with its recent price movements. Despite facing market volatility, HBAR experienced a 2.74% price increase over the past 24 hours, reaching $0.05303.
HBAR's Q2 performance was better than most cryptocurrencies as per Messari's quarterly report. However, HBAR's price indicators didn't stand with the network's performance.
EMTECH releases the CBDC Innovation Kit for fintechs to test new solutions and business models with Central Bank Digital Currency. Leverages public distributed ledger technology.
These high potential cryptocurrencies have received tangible boosts of late that will result in regulatory pressure declining.
Investing in cryptocurrencies should incorporate buying lesser-known projects for their substantial long-term upside potential.
Hedera Network (HBAR) has been adopted by Shinhan Bank and Siam Commercial Bank for a distributed ledger technology-powered stablecoin remittance solution.
Known for its great innovations, the Hedera blockchain is becoming a platform with a diversified and multifaceted protocol for different applications. In one of its latest ventures, the protocol has been tapped by a top South Korean financial institution Shinhan Bank as the primary base for the testing phase of its stablecoin innovation.
South Korea's Shinhan Bank completed a feasibility test for stablecoin remittance payments using Hedera's distributed ledger technology.
Shinhan Bank, SCB TechX, and Taiwan's largest financial institution have successfully completed a stablecoin remittance proof-of-concept (PoC) pilot on the Hedera network, as announced on July 18th, 2023.
Shinhan Bank, SCB TechX have completed a successful proof-of-concept pilot for stablecoin remittance on the Hedera open-source network.
Hedera, a proof-of-stake distributed ledger, is set to receive a network security upgrade.
The collaboration will give startups access to a grant program and support in areas such as technology, marketing and business development.
It is built on its own particular blockchain based on Proof-of-Stake and compatible with EVM (Ethereum Virtual Machine), and its own cryptocurrency called HBAR.
ChatGPT, an advanced natural language AI implementation, has been coupled with Hedera, the decentralized network supporting the $HBAR cryptocurrency. This unique integration is projected to facilitate secure and streamlined interactions between the AI tool and Hedera's various services.
A significant milestone connecting blockchain technology and Artificial Intelligence (AI) had the Hedera network integrating the ChatGPT plugin. The AI launch on the cryptocurrency project will allow users to manage their accounts seamlessly.
Users can view account balances through a Network Explorer or programmatically retrieve them via the mirror node REST API, which the plugin will utilize.
In an exciting development at the intersection of AI and blockchain technology, a ChatGPT plugin has been introduced that seamlessly interacts with the Hedera network. This integration allows users to access their HBAR (Hedera Hashgraph's native cryptocurrency) and token balances effortlessly.
Hedera is seeing benefits from its focus on growth, especially now that the market is in a bullish recovery phase.
Hedera shared some good news with the community as it completed 12 billion transactions. However, a lower demand for HBAR may go against the ongoing bullish trend over the weekend.
The Q1 2023 report from Messari highlights the continued dominance of Ethereum in terms of revenue generation among Layer 1 blockchains. However, the report reveals a notable standout: Hedera Hashgraph (HBAR), which demonstrated remarkable revenue growth fueled by its Consensus Service.
Hedera (HBAR) has joined the altcoin uptrend for today as the broader digital currency ecosystem pushed for a sustained price recovery. The HBAR token is trading at a spot price of $0.04653, up by 5.20% over the past 24 hours in a frantic effort to pare off the losses it has accrued in the trailing seven-day period.
