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
South Korean Employee Sentenced for Espionage Involving North Korean Bitcoin Payments

A South Korean cryptocurrency exchange employee has been sentenced to four years in prison for accepting 487,000 in Bitcoin from North Korea to recruit officers for espionage activities.

Transparency Challenges in Blockchain Projects Highlighted by PROVE Succinct

The challenges of transparency in blockchain projects are underscored by the PROVE Succinct initiative's lack of verified information.

PROVE Succinct Aims to Scale Ethereum by 2025

The PROVE Succinct initiative aims to enhance Ethereum's scalability by 2025, but lacks verified details on its execution.

Community Optimism Tempered by Lack of Verification for PROVE Succinct

Market and community reactions to PROVE Succinct are cautiously positive, but the lack of primary confirmations tempers enthusiasm.

Leading Brokers Enhance MetaTrader Platforms for Bitcoin Trading

In 2026, leading brokers refined their MetaTrader setups specifically for Bitcoin trading through CFDs, providing professional-level tools in a familiar layout trusted by millions of traders worldwide.

Ripple's Legal Battle with SEC Officially Ends

The SEC has officially dropped its appeal against Ripple, concluding a lengthy legal battle that began in December 2020.

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