Token PI triumphs in significant ETP listing, overcoming exchange rejections and controversies
In the world of technology and cryptocurrency, there's always something new happening. Here's a roundup of some recent developments:
FBI's Botnet Takedown Targets Seized by Hackers
A concerning turn of events has occurred as hackers have managed to seize the targets of the FBI's botnet takedown operation and have used them to build a stronger cyberweapon.
Valour Inc. Launches PI Token ETP
Valour Inc., a major issuer of digital asset exchange-traded products (ETPs) in Europe, has announced the launch of a PI Token ETP. With over 85 ETPs listed across several European exchanges, Valour continues to expand its offerings.
PI ETP Listing and Performance
The new PI ETP will be listed on Sweden's Spotlight Stock Market, offering a regulated exposure to the PI token. However, the PI ETP has seen a significant drop in value over the past few months, with a 22.93% drop in the last 30 days alone. Other tokens launched as ETPs by Valour today are performing better, with Cronos CRO leading the pack with a 33% gain.
PI Network's Testnet Upgrade
Meanwhile, Pi Network, the digital currency project, is preparing for its mainnet transition with the final Testnet1 upgrade. Despite controversies, the launch of the PI ETP could potentially boost the PI Network's price as it continues to gain adoption.
Cryptocurrency Market Movements
In the crypto market, Solana (SOL) led the resurgence over the last 24 hours, with an 8% gain. Other notable mentions include the upcoming launch of XRP and Dogecoin ETPs this week.
Stock Market News
In the stock market, Nvidia has seen a 3% crash following accusations by China of breaching anti-monopoly law. On the other hand, BYD, a leading player in the EV market, has lost $45 billion in value amid rising doubts over its China dominance.
Miscellaneous Updates
Larry Ellison, the co-founder of Oracle, is now involved with OpenAI, Paramount, Warner Bros., and TikTok. Monero, the privacy-focused cryptocurrency, faces a double-spending threat after a block reorganization. Next Technology is planning a $500M common stock offering to buy more Bitcoin. Santander's Openbank is rolling out Bitcoin, Ether, and more for European users.
These updates provide a snapshot of the dynamic and ever-evolving landscape of technology and cryptocurrency. Stay tuned for more news and updates as these sectors continue to grow and evolve.
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