Crypto News: Here are the most popular stories from across the cryptosphere as featured on BeInCrypto this first week of the new year.
False Pi Listings
Reports that Huobi and XT.com were listing the Pi token sent its valuation soaring. However, the crypto community became skeptical of the listing, as there had been no official announcement from the Pi Network. Some even went as far as calling out Huobi for attempting to scam investors.
The Pi network team announced that they had not been involved with any purported listings. They warned that investors could sustain substantial losses by participating in unauthorized listings. According to the announcement, “Pi is currently in the Enclosed Network and is not approved by Pi Network for listing on any exchange or for trading.”
Trump tokens down
Non-fungible tokens recently launched by former US President Donald Trump have already fallen 80% below their peak value. The floor…