The partnership between the Aptos Foundation and Alibaba Cloud has ignited a series of Alcove initiatives aimed at propelling the adoption of the Move smart contracts programming language in Asia. Through a Move developer meetup co-hosted by OKCoin Japan and Alibaba Cloud, Aptos Foundation is paving the way for developers to explore the benefits of Web3 and showcase their capabilities. This strategic collaboration is set to enhance the impact and adoption of the Move programming language, which offers unparalleled security, scalability, and speed advantages. The joint effort between Aptos Foundation and Alibaba Cloud is poised to revolutionize the Web3 landscape in Asia, starting with Japan as the primary focus. Japan's conducive regulatory environment for blockchain and cryptocurrencies positions it as an ideal hub for steering Web3 innovations on a global scale. The recent positive market response, with a 2.96% increase in the value of Aptos' native crypto, APT, underscores the significance of this collaboration. Through Alcove initiatives such as hackathons and developer meetups, Aptos Foundation aims to foster talent and inspire the next generation of Web3 developers and innovators in the region and beyond.
Collaboration Between Aptos Foundation and Alibaba Cloud Sparks Alcove Initiatives in Asia

by Giorgi Kostiuk
a year ago

Other news
Russell 2000 Index Signals Potential Rise in Risky Assets

The Russell 2000 index indicates growing interest in risk assets, potentially benefiting cryptocurrencies.

Bitcoin Price Fluctuates Amid Holiday Trading

Bitcoin's price fluctuated around 88,000, while trading volumes dropped significantly due to the holiday week.

Growing Institutional Interest in Solana

Solana is experiencing increased institutional interest, with significant net inflows into SOL ETFs totaling $119 million.

Japan's 19 Billion AI Initiative Raises Questions

A reported 19 billion national AI project in Japan lacks primary source confirmation, raising concerns about its scope and objectives.

US Bitcoin ETFs Face Nearly $500 Million in Outflows

US-based Bitcoin ETFs faced significant outflows, totaling nearly $500 million in a week due to a decline in cryptocurrency prices.

BlackRock's Bitcoin ETF Sees $25 Billion Net Inflows in 2025

In a challenging year for the cryptocurrency market, BlackRock's iShares Bitcoin Trust has recorded a net inflow of approximately $25 billion, showcasing strong investor interest and potential for future growth.

Be the first to know about crypto news every day
Get crypto analysis, news and updates right to your inbox! Sign up here so you don’t miss a single newsletter