Alibaba Cloud and Avalanche Collaborate to Enable Metaverse Deployment on Blockchain
Alibaba Cloud, the cloud computing subsidiary of Alibaba Group, has joined forces with Avalanche, a smart contract layer-1 blockchain platform, to launch a metaverse on the blockchain. The partnership aims to bring new p...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
The partnership aims to bring new possibilities to the metaverse world by creating decentralized, secure, and scalable virtual worlds....
Read More: Alibaba Cloud and Avalanche Collaborate to Enable Metaverse Deployment on Blockchain
Why this matters
This blockchain story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CryptonewsRelated market context
XRP Rallies on Ripple SEC Push as ETF Outflows Cloud Evernorth Debut
Ripple’s latest news on US crypto regulation is putting XRP back in the spotlight, with the company backing a proposed SEC framewo...
Cardano Foundation joins five other blockchain groups urging SEC to lock in digital commodity definition
The push for a formal digital commodity definition could stabilize regulatory environments, fostering innovation and clarity in th...
Nectar Group raises $5 million seed round for HoneyB Bitcoin yield platform
Nectar Group's funding for HoneyB could reshape institutional Bitcoin use, but success hinges on market conditions and strategy pe...
Tether backs Tenstorrent’s $1.5 billion raise to widen access to AI computing
Tether's investment in Tenstorrent signals a strategic shift towards diversifying AI infrastructure, potentially decentralizing co...
Crypto Industry Group Asks Treasury To Clarify GENIUS Act Rules For DeFi
TL;DR: The Blockchain Association has urged the US Treasury to draw clearer lines around DeFi software, foreign stablecoin issuers...
Smashed Quantum Computing Record Raises Stakes for Bitcoin Security
Quantum computing firm Quantinuum has announced a major breakthrough in error correction, achieving a record 99.9995% logical fide...