Pi Network’s token surged 38% as talk of an AI partnership with Google spread ahead of the project’s upcoming Pi2Day event announcement on Saturday.
Pi Network News
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Pi Network has launched a $100 million fund, Pi Network Ventures, to invest in startups and businesses that drive the adoption and utility of its blockchain ecosystem.
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Pi Network’s token price is nearing its all-time low as over 126.6 million PI tokens are set to be unlocked this month, increasing supply and pressuring demand.
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Pi Network told Cointelegraph that a Chinese police report was directed at bad actors impersonating the project.
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Bybit CEO Ben Zhou challenged Pi Network to prove its legitimacy by addressing a Chinese report that called the project a “scam” targeting elderly people.
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