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Bank Integration
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Pi Network's Latest Developments: Official Announcements and Rumors of Bank Integration
Pi Network recently announced several protocol upgrades and ecosystem updates, including the Protocol 27 mainnet upgrade plan and App Studio dynamic pricing. However, rumors about its direct integration with multiple banks have been repeatedly clarified as false by official and relevant institutions, stating that Pi coin is not legal tender and cannot be directly exchanged by banks. Although Pi tokens are traded on some CEXs, its mainnet is still in a closed phase, and the project emphasizes building a practical ecosystem. Investors should be wary of related risks.
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Pi Network's Latest Developments: Official Announcements and Rumors of Bank Integration
Pi Network recently announced several protocol upgrades and ecosystem updates, including the Protocol 27 mainnet upgrade plan and App Studio dynamic pricing. However, rumors about its direct integration with multiple banks have been repeatedly clarified as false by official and relevant institutions, stating that Pi coin is not legal tender and cannot be directly exchanged by banks. Although Pi tokens are traded on some CEXs, its mainnet is still in a closed phase, and the project emphasizes building a practical ecosystem. Investors should be wary of related risks.
Bank Integration
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China's futures exchanges to tighten leash on quant trading, defining violations and punishments
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Dutch pensions manager PGGM agrees to take on part of the risk on €5 billion of ING loans backing energy transition
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Iran escalates attacks on "non-compliant" oil tankers, putting crude oil shipments through the Strait of Hormuz under pressure, with multiple empty VLCCs avoiding the Persian Gulf.
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Intel and Broadcom CEOs warn that capital is the biggest bottleneck for AI, with Broadcom's CEO stating some investors are "gambling in a casino"; Musk responds: Don't cry when you're in a casino.
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BlackRock, the world's largest asset manager, has adjusted its core allocation: overweighting short-term U.S. Treasuries, and downgrading U.S. equities and MBS to neutral.
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