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Japanese financial group, Sumitomo Mitsui moves forward with SBTs to explore Web3

Sumitomo Mitsui (SMBC), a popular Japanese financial group, is now set to use Soulbond Tokens to explore the benefits of Web3 Technologies. Soulbond Tokens were proposed by the founder of Ethereum, Vitalik Buterin. These tokens refer to digital identity to conserve representing the reputation or characteristics of an entity, person, or a ‘soul’. These tokens…

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Stablecoins: What They Are, Where to Store, and the Main Risks

Stablecoins are used on the crypto market as an analog of the U.S. dollar. It is believed that they are pegged to the U.S. dollar in the ratio of 1:1. Therefore, Stablecoins are considered by many to be a kind of digital dollar. Stablecoins are used both for money transfers and as savings tools. Crypto traders and…

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Reddit NFT Marketplace: More Than 2.5 Million Crypto Wallets Created Since Launch

Reddit has grown over the years, with over 50 million daily users and 8 billion pageviews per month. The social media platform has always been popular among the cryptocurrency community, with many early adopters using it to find information and have discussions about Bitcoin (BTC) and other digital assets.  To carry out crypto transactions and…

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What Is Bitcoin Dominance And Does It Really Matter?

In the crypto world, Bitcoin (BTC) is still the boss. Even though there are about 1800 different types of coins today, Bitcoin still has a ruling reputation. So, if you’re stepping into the crypto world for the very first time, we recommend educating yourself about Bitcoin dominance and its power. It’ll help you make some…

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Blockchain Technology in Education: The Mathematics Behind the Basics

You have probably heard of Bitcoin more than you can remember in the past few years. Some people even use it interchangeably with cryptocurrency. Well, it is a form of cryptocurrency that is part of blockchain technology. This became very popular in 2009 after Satoshi Nakamoto developed its first database. The industry has witnessed a…

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What are the pros and cons of staking crypto?

With the rise of crypto and blockchain technology, a new way of earning rewards through investment has been born — staking. While staking can be a great way to earn rewards and support a network you believe in, there are also some risks involved. In this article, we’ll explore the pros and cons of staking…

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Google Collaborates With Coinbase to Bring Crypto Payments to Cloud Services

Google is one of the world’s leading cloud computing and data management services providers. For a long time, Google has been planning to bring crypto to its consumer base as a legitimate payment option. On Tuesday, Google announced it would utilize digital currencies in its payment modules for cloud services. Google has been planning on…

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Blockchain Council Partners With World Blockchain Summit, Dubai

Blockchain Council partners with World Blockchain Summit, Dubai, 17-19 October 2022, Atlantis, The Palm, Dubai. Our team will be present at the premier event, and you can schedule your appointment with our team members, Rohan Kulshreshtha, AVP Events & Partnerships, and Nitish Srivastava, AVP Sales & Strategic Alliances. Click here to book your appointment now….

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6 Features Of The Best Crypto Exchange App

If you’re a crypto trader, you’ll likely require exchanging your cryptocurrency for another type or buying more using cash. Likewise, you may also require converting your crypto into regular currency. Finally, you’ll also need safe yet easily accessible storage for cryptocurrency and regular cash so you can have your funds at your disposal anytime. For…

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Circle CEO says blockchain sector is shifting from dial-up to broadband phase

Allaire considers identity and confidentiality the two main pillars of a future Web3. Jeremy Allaire, CEO of stablecoin issuer Circle, stated that the world is finally transitioning from the hypothetical value stage of cryptocurrency to the operational phase at the Converge22 conference in San Francisco. He said, drawing comparisons to the early days of the…