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
2 years ago

Other news
ZachXBT Uncovers Insider Trading Allegations at Axiom Exchange

Blockchain investigator ZachXBT uncovers allegations of insider trading and data abuse at Axiom Exchange involving employee Broox Bauer.

Morgan Stanley to Enhance Bitcoin and Crypto Services

Morgan Stanley is set to enhance its Bitcoin and crypto services, including spot trading on ETRADE and plans for custody and lending services.

XRP Investors Warned Against Panic Selling

Max Avery warns XRP investors against panic selling during the market downturn, highlighting potential losses and tax implications.

Negotiations on Stablecoin Interest Payments Continue

Ongoing discussions about whether stablecoin issuers can offer interest on unused token balances, with a focus on user engagement rewards.

Oppenheimer Analyst Upgrades Oracle Stock Rating

Oppenheimer analyst Brian Schwartz upgraded Oracle's stock rating to 'buy' with a target price of $185, indicating a potential 25% return on investment over the next 12 months.

Oracle Stock Surges After Nvidia Earnings Call

Oracle's stock price increased significantly following Nvidia's positive earnings report, which alleviated concerns about the AI market.

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