A massive startup network supported by global investment and local adoption has positioned India to spearhead Web3 innovation, according to a report on the country’s Web3 landscape. India currently hosts over 1,000 Web3 startups across the finance, infrastructure and entertainment sectors, according to a Hashed Emergent report released on Dec. 4 at the India Blockchain…

Bitcoin’s historic price milestone on Dec. 5, surpassing $100,000 for the first time, is ushering in a new era of digital wealth creation. This milestone may provide a potential solution to bridge the growing wealth gap, but it also raises concerns over its role in exacerbating wealth inequality. The Bitcoin price rose to a record…

An Emurgo executive says Blockchain networks must embrace interoperability to thrive. At India Blockchain Week 2024, Cointelegraph’s Arijit Sarkar spoke with Emurgo’s global head of business development, Amarpreet Singh, who highlighted the necessity of interconnected blockchain systems and stablecoins to drive widespread Web3 adoption. Singh said no matter what road a blockchain takes, it will…

Venture capital firm Andreessen Horowitz (a16z) has named key sectors within the crypto industry for the upcoming year, highlighting use cases for tokenization and the integration of artificial intelligence with blockchain technology as potential growth drivers. According to a16z’s report, applications based on AI and running onchain are expected to deliver at least three emerging trends across…

Mastercard announced on Dec. 4 that it had issued a license to Hong Kong-based cryptocurrency exchange Crypto.com to begin offering its pre-paid payments card services on the Mastercard network in the Gulf Cooperation Council (GCC) region, beginning with Bahrain in January of 2025. According to a blog post from Mastercard, once issued, cardholders will be…

Bitcoin has surged past the critical $100,000 level, marking a psychological milestone for crypto traders and vindication for hodlers and true believers. The price has been surging skywards ever since the Republican victory in November’s election signaled an end to the war on crypto declared by the Biden administration and its appointed SEC Chair Gary…

The global uranium trade could soon adopt blockchain technology, thanks to a new platform built on the Tezos blockchain. Uranium.io the world’s first blockchain-based decentralized application for uranium trading, aims to lower the barriers to entry for investors. The platform will launch in partnership with Curzon Uranium, a leading uranium trading company that traded over…

Coinbase CEO Brian Armstrong said the cryptocurrency exchange will not work with law firms that hire individuals involved in what he described as anti-crypto actions during their tenure in government. On Dec. 3, Armstrong said in an X post that Coinbase will avoid law firms that hire people who tried to “unlawfully kill” an industry without clarifying…

The Tron token has surpassed a record $20 billion in market capitalization, flashing another bullish signal for altcoins leading into 2025. The Tron price hit a new all-time high of $0.23 after the token rose over 13% in the 24 hours leading up to 10:20 am UTC on Dec. 3, Cointelegraph data shows. TRX is…

As Ethereum’s Beacon Chain reached its fourth anniversary, researcher Justin Drake reflected on its achievements and its role as the foundation of the blockchain network. The Beacon Chain was launched on Dec. 1, 2020, as part of the network’s transition to Ethereum 2.0. The introduction of the Beacon Chain marked the blockchain’s shift toward a proof-of-stake…