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Pi Network’s Pi Token Surges Over 2%, Reaching $34.05 Amidst Growing Adoption



The Pi Network’s native token, Pi, has witnessed a significant surge in price, reaching $34.05 per PI token. This represents an impressive 2.37% increase in the last 24 hours, indicating a growing interest and adoption of the Pi Network project.

While the Pi Network’s market capitalization remains at $0, the increasing price of its token suggests that investors are placing value on the project’s potential. The 24-hour trading volume of $266,798.45 further highlights the growing engagement with the Pi token.

The Pi Network is a decentralized peer-to-peer platform that aims to make cryptocurrency more accessible and user-friendly. Unlike many other cryptocurrency projects, Pi Network allows users to earn tokens simply by engaging with the platform on their smartphones.

Source: Binance 

This user-centric approach has attracted a massive community of over 30 million users worldwide, creating a robust network of individuals who are already engaged with the Pi ecosystem. The recent price surge could be attributed to the growing recognition of the Pi Network’s potential to disrupt the traditional financial landscape and redefine the way people interact with money.

As the Pi Network continues to develop and expand its features, it is likely to attract more users and gain wider recognition within the cryptocurrency community. The recent price increase could serve as a catalyst for further growth and adoption, potentially placing Pi Network among the leading decentralized finance (DeFi) projects.

Investors and enthusiasts alike are closely watching the Pi Network’s progress, eager to see how it will shape the future of cryptocurrency and DeFi. With its innovative approach, large user base, and growing adoption, the Pi Network is poised to make a significant impact on the global financial landscape. 

Bitcoin: Two Simultaneously Produced Blocks - Why?

Bitcoin, in addition to being the world's most popular cryptocurrency, is also a decentralized digital currency that operates on a blockchain network.



The Bitcoin network's unique features make it highly secure and reliable, but like any technology, it is not immune to occasional hiccups. Recently, a rare event occurred on the Bitcoin network, with two different blocks being produced simultaneously. In this article, we will explore the causes and consequences of this unusual situation.

The Event Detected by ForkMonitor

According to the ForkMonitor node monitoring tool, the Bitcoin network at block height 783426 experienced the production of two blocks simultaneously. This event was noticed by BitMEX Research, who shared it on Twitter.

The simultaneous production of two blocks on the Bitcoin blockchain means that a temporary fork occurred, with two different miners producing different blocks at the same time.

BitMEX Research Findings

One of the blocks produced during this event was an invalid block that appeared to violate the BIP66 protocol rule. This rule requires that all signatures in a block be strictly DER-encoded. The invalid block was eventually rejected by the network and replaced with a valid block. F2pool, a well-known cryptocurrency mining pool that supports mining for Bitcoin and over 40 other cryptocurrencies, was responsible for producing the invalid block. The reason for F2pool producing an invalid block is still unknown and under investigation.

According to BitMEX Research, the invalid block produced by F2pool may have been due to faulty signature transactions. However, the exact cause is still being investigated.

F2pool's Invalid Block

The consequences of producing an invalid block are that it will be rejected by other nodes that follow the Bitcoin network's consensus rules. The miner who produced the invalid block will not receive any reward for it, and will have wasted their computing power and electricity.

Arbitrum Airdrop 2.0: Claim Your Share of 75 Million $ARB Tokens in The Arbitrum Odyssey 2.0



Greetings, Plebs and fellow airdrop Pirates! I’m thrilled to share some exciting news from the world of Arbitrum with you. There’s been some recent development in the Arbitrum ecosystem that has caught my attention, and it involves a significant opportunity.

It appears that a staggering 69 million unclaimed $ARB tokens from the previous Arbitrum airdrop have made their way back to the Arbitrum DAO treasury. You can verify this in the tweet screenshot provided below

Crypto Exchange Associated With Binance Seeking License in Hong Kong: Report

Rhodilee Jean Dolor

A digital asset exchange platform with ties to crypto titan Binance has reportedly announced its intention to apply for a license in one of Asia’s leading finance hubs.

According to the HKVAEX was created as a separate entity under the company BX Services Limited, but Binance is behind it.

How Long Will the Bitcoin Drop Continue?

Crypto Mining - After the last rise of Bitcoin (BTC) in mid-October, it is likely to reach $100,000 by the end of 2021.



Crypto Mining - After its last rise in mid-October, Bitcoin (BTC) is likely to reach $100,000 by the end of 2021. Bitcoin felt its sharpest falls of all time in early December and is currently trading above $40,000. Shiba Inu, Dogecoin (DOGE), and HUH Token stand out as altcoins that aim to compete with this giant coin and have serious daily volume.

Bitcoin became the world's most widespread and accepted first cryptocurrency. Using decentralized Bitcoin and blockchain, people can directly and securely transfer digital currencies to each other over the internet. Any two people anywhere in the world can transmit Bitcoin to each other without involving a bank, government, or other financial institution.

As Bitcoin holders remain bullish on the digital currency, many central banks and major financial institutions have also come to believe in Bitcoin, providing their clients with the opportunity to trade or invest in Bitcoin through exchange-traded funds (ETFs) and other types of exchanges.

Binance Will List 8 Cryptocurrencies Today

Dimitar Dzhondzhorov
Oct 19, 2023 07:25
Binance will embrace certain trading pairs involving the stablecoin FDUSD from October 19.
Binance Will List 8 Cryptocurrencies Today
TL;DR

Binance is introducing six new spot trading pairs, such as ATOM/FDUSD, and enabling trading bots for NTRN/USDT and PENDLE/USDT. FDUSD trading pairs will have zero maker fees for an unspecified duration.
Issued by First Digital Limited in Hong Kong, FDUSD is pegged 1:1 with the US dollar. Binance added the XRP/FDUSD pair recently.
Binance removed multiple BUSD trading pairs, citing reasons like low liquidity. They will stop supporting BUSD by early 2024, advising users to shift their holdings before February of the coming year.

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