Ant Group launches a new blockchain brand for Web3 developers

Ant Group, the owner of the world's largest mobile payment platform Alipay, revealed its new sub-brand under the name ZAN. The brand will focus on blockchain development and services for both institutional and individual Web3 developers. The official press release, published on Sept. ...

Tech giant Alibaba announces crypto-friendly chair following Daniel Zhang stepping down

Joe Tsai, the soon-to-be former executive vice chair of China-based technology giant Alibaba, will replace Daniel Zhang as company chair.In a June 20 announcement, Alibaba said Zhang would be stepping down as chair of the company and CEO effective Sept. 10, whereupon he will continue to se ...

Chinese tech giant Alibaba partners with Avalanche to develop meta universe

Chinese tech flagship Alibaba will develop a meta universe with Avalanche, one of Etherium's main competitors. The project will be called Cloudverse. The Avalanche team in its blog announced a partnership with Alibaba Cloud, a subsidiary of the Alibaba Group that focuses ...