blockchain

March 11, 2025 9:35 PM

India set to become the world’s largest web3 developer hub by 2028: report

India is fast emerging as a global leader in the Web3 sector, with a recent report projecting the country will become the largest hub for Web3 developers by 2028. The 'India Web3 Landscape' report, released by Hashed Emergent on Tuesday, highlighted India's rapid growth in this space, with over 4.7 million developers joining GitHub in 2024 alone. This surge accounts for 17 percent of all new Web3 developers worldwide, positioning India as the second-largest base for crypto developers globally. ...

India leads in crypto adoption for second straight year, report shows

India led the way in global adoption of cryptocurrencies for the second straight year as investors braved the country's tough regulatory stance and steep trading taxes, a report from blockchain analytics company Chainalysis showed on Wednesday. The report, which tracks adoption across four sub-categories in 151 countries, showed India ranked high on usage of centralized exchange and decentralized finance assets from June 2023 to July 2024. India has taken a tough stance against cryptocurrencie...