Hacking News
Pi Network's PI Token Defies Market Crash
Pi Network's PI Token experienced a slight increase of nearly 3% despite the significant market crash triggered by a hack on Binance, a major cryptocurrency exchange. The hack, linked to North Korean actors, resulted in over $6 billion in stolen funds, with $3 billion frozen by partners. Despite the market turmoil, Pi Network's token reached a market cap of over $880 million, making it the 64th largest digital asset.