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
UBS Demonstrates Reliability in Market Forecasts
UBS Group has a track record of accurate market forecasts, having previously projected that the S&P 500 would reach 6,600 by the end of 2025, a target that was broadly met.
UBS Predicts Significant Growth for S&P 500 by 2026
UBS Group predicts the S&P 500 index will rise to 7,700 points by the end of 2026, driven by strong corporate earnings and monetary policy shifts.
UBS Predicts S&P 500 to Reach 7,700 Points by 2026
UBS Group predicts that the S&P 500 could reach 7,700 points by 2026, driven by a 10% increase in corporate earnings and supportive monetary policy.
Market Reactions to Federal Reserve's Potential Policy Changes
Market sentiment has shifted positively towards cryptocurrencies like Bitcoin and Ethereum following comments from Federal Reserve Governor Stephen I. Miran, with investors anticipating eased monetary conditions due to potential rate cuts.
SOS Limited to Develop Modular Data Center in Texas
SOS Limited plans to develop a next-generation Tier III modular data center in Fort Stockton, Texas, transitioning from cryptocurrency mining to digital infrastructure.
The Rise of Prediction Markets: A New Era in Economic Forecasting
The rise of prediction markets like Kalshi is changing how economic forecasts are made, offering insights that may surpass traditional methods.
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