Asia Express – Cointelegraph Magazine
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Asia Express – Cointelegraph Magazine

Our weekly roundup of news from East Asia curates the industry’s most important developments. HTX exchange hacked… again  In the fourth hack affecting the HTX (formerly Huobi Global) ecosystem in just two months, the exchange lost $13.6 million via a hot wallet hack that occurred on November 22.  In its November 23 announcement, the exchange promised to “fully compensate for the losses…

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Ethereum (ETH) price reclaims $2K as data shows a surge in network activity
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Ethereum (ETH) price reclaims $2K as data shows a surge in network activity

Ether (ETH) price is trading slightly higher on Nov. 23, maintaining support above the $2,000 level after briefly retesting $1,930 on Nov. 21. Over the past week, Ether’s price has increased by 2.5%, while the total market capitalization has grown by 0.5%. This uptrend can be attributed to improved decentralized applications (DApps) metrics, increased protocol fees, and Ethereum‘s dominance in…

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Amid Mainstream Boom, AI Skeptics Say the Tech is Over Hyped
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Amid Mainstream Boom, AI Skeptics Say the Tech is Over Hyped

Artificial intelligence tools like ChatGPT have “unequivocally gone mainstream” in 2023, according to a new survey of over 1,500 professionals working in technology and related fields. Yet, despite rapid adoption, most respondents still view AI as overhyped. Just under a quarter called it “fairly rated.” The survey, conducted by Retool, found broad enthusiasm tempered by skepticism. Retool,  founded in June…

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Amid Mainstream Boom, AI Skeptics Say the Tech is Over Hyped
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Amid Mainstream Boom, AI Skeptics Say the Tech is Over Hyped

Artificial intelligence tools like ChatGPT have “unequivocally gone mainstream” in 2023, according to a new survey of over 1,500 professionals working in technology and related fields. Yet, despite rapid adoption, most respondents still view AI as overhyped. Just under a quarter called it “fairly rated.” The survey, conducted by Retool, found broad enthusiasm tempered by skepticism. Retool,  founded in June…

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Formula E: High Voltage Beginner's Guide—Get Started in the Play-to-Earn Racer
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Formula E: High Voltage Beginner’s Guide—Get Started in the Play-to-Earn Racer

Formula E: High Voltage is the first official game for the eco-friendly motorsport, and it’s bootstrapped with play-to-earn functionality. Therefore, winning is important. The more you win, the more tokens you earn. Launching the game can all be overwhelming—but we’re here to make everything clear. Check out our full review, and then read below to get started and pick up…

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XRP price faces Q4 rout and 20% drop
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XRP price faces Q4 rout and 20% drop

XRP (XRP) price has dropped 18.5% from its local high of $0.67 on Nov. 23. And, it appears the cryptocurrency will suffer more selloffs in the coming weeks. XRP technicals hint at extended correction XRP has failed to break above a descending trendline resistance since January 2018. And, it fell short of logging a breakout above in November 2023, as…

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X restricts Changpeng Zhao’s account after name change removes ‘Binance’
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X restricts Changpeng Zhao’s account after name change removes ‘Binance’

Social media platform X — formerly Twitter — restricted the account of former Binance CEO Changpeng “CZ” Zhao without explanation other than suggesting “they may have potentially violated the X Rules.” On Nov. 23, X users could briefly view CZ’s account only after clicking on a button to acknowledge it was “temporarily restricted.” Zhao resigned as CEO of crypto exchange…

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Stablecoins will remain ‘indispensable’ in Argentina under new president — Ripio CEO
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Stablecoins will remain ‘indispensable’ in Argentina under new president — Ripio CEO

President-elect of Argentina Javier Milei ran on a promise of economic change. The shape of the transformation will only become known after his inauguration on Dec. 10, but stablecoins will play an important role in Argentinians’ financial lives no matter what happens, Ripio CEO Sebastián Serrano told Cointelegraph en Español. Argentina’s crypto community has responded with great enthusiasm to the…

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