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Hedera shifts toward open-source decentralization, transferring its codebase to Linux Foundation's Decentralized Trust for global collaboration.

A bumpy road ahead for HBAR: can Hedera Hashgraph overcome the reputational hit after the BlackRock scandal?

The news comes just eight months after Tune.FM shared it had raised $20 million in a funding round.

HBAR is navigating a period of correction, influenced by a falling channel pattern observed over the past five months. Currently, the cryptocurrency is facing resistance at a key level of $0.056.

Cardano's development team, Input Output (IOHK), and decentralized network Hedera have become founding members of the Decentralized Recovery Alliance (DeRec Alliance).

Input | Output, the research and engineering entity behind Cardano, along with Hedera, have been named the final founding members of the Decentralized Recovery (DeRec) Alliance, a new coalition aimed at fostering interoperability and enhanced security across the crypto industry.

Story Highlights The live price of Hedera crypto is . HBAR price could end the trade for 2024 with a potential high of $0.065. By the end of 2030, the predicted Hedera price could soar to a peak of $0.859.

Cardano developer Input Output and Hedera are the latest cryptocurrency entities to join the Decentralized Recovery Alliance as founding members. The alliance announced on Sept.

The collaboration among these blockchain entities could significantly enhance digital asset recovery, promoting broader crypto adoption and security. The post Cardano's IOHK, Hedera join Ripple, Algorand Foundation as founding members of Decentralized Recovery Alliance appeared first on Crypto Briefing.

The Decentralized Recovery (DeRec) Alliance Research has welcomed its final Founding Members: research and engineering company and Cardano developer Input|Output, as well as the open-source, proof-of-stake network Hedera.

Cardano and Hedera join the Decentralized Recovery Alliance alongside Ripple and Algorand to shape the future of crypto security standards.

Polkadot gained 2.6% while Hedera rose 2.4%, helping push the index higher.

Hedera's native crypto briefly sank below 5 cents as HBAR Foundation's co-founder and CEO jumped ship.

While the crypto market remains largely negative, Hedera has announced key partnerships as its ecosystem records increased activity. The Telegram bot project BITBOT is attracting numerous integrations despite the recent bearish flip.

Hedera (HBAR) emerged as a standout performer in the second quarter (Q2) of the year, reversing the downward trend faced by many projects. The latest report from research firm Messari highlights Hedera's progress across key financial indicators.

Revenue from transaction fees on Hedera in Q2 2024 reached $1.4M, the second-highest quarterly level.

Despite the challenges across the board, Hedera, a business-focused platform, especially in Q2 2024, continues to build and enhance its ecosystem further. According to a Q2 2024 review shared across X on August 19, analysts noted improvements made in the last quarter, pointing out how the platform performed relative to Q1 2024 and the broader crypto ecosystem.

Prominent analyst Kyren, known on X (formerly Twitter) as noBScrypto, recently highlighted Hedera (HBAR) and Internet Computer (ICP) as undervalued assets amidst the trending narratives in 2024.

Hedera's HBAR token is poised for a bumpy road ahead after expanding its institutional reach.

The HBAR Foundation and digital asset custody provider Copper have announced a collaboration aimed at broadening institutional access to the Hedera ecosystem.

The custodian, chaired by former U.K. Chancellor Philip Hammond, provides platforms to increase liquidity and access to DeFi.

It was a sea of green in the crypto industry as the recent rebound continued. Bitcoin has rebounded back to over $62,000, a remarkable comeback for a coin that crashed to $49,000 earlier this week.

Hedera Hashgraph has experienced a significant downturn over the past five days, reaching a crucial support level amid ecosystem challenges. The price of Hedera Hashgraph (HBAR) has been in a steep sell-off after soaring to $0.1825 in April.

Hedera (HBAR) token has experienced a 10.5% decline over the past two weeks despite significant integrations with Blade Wallet and Karate Combat some few days ago. While the integrations have brought substantial attention to the network, bagging 400,000 new accounts in just one week, the market has not reflected these positive changes in HBAR's price.