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
Ethena ENA Short-Term Price Outlook Remains Bearish

The short-term outlook for Ethena ENA indicates continued bearish pressure with significant resistance levels.

Legal and Technical Shifts to Propel Crypto Infrastructure

The report from a16z highlights the importance of legal and technical alignment in advancing crypto infrastructure.

Federal Reserve Adjusts Crypto Oversight Protocols

The Federal Reserve has recently transitioned its crypto supervision to standard protocols, marking a significant shift in regulatory strategy.

Behavioral Science in Live Betting

Neuroimaging studies reveal that the dopamine pathways activated by sports betting are similar to those in high-frequency stock trading, leading to addictive behaviors.

The Rise of MicroMarkets in Sports Betting

Microbetting is becoming a significant growth area, allowing bettors to wager on specific, short-term in-game moments.

Technological Advancements in Live Betting

The transition to real-time data streaming has revolutionized live betting, allowing for immediate odds recalculations and enhanced user experience.

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