Binance Founder Changpeng Zhao Steps Down as CEO and Pleads Guilty in $4 Billion Settlement
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A Look at Pi Snake from Pi Chain Mall
January 12, 2023
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Pi-Snake allows Pioneers to control their little snakes and compete with other players to earn Pi.
Pi-Snake GameFi Gains Traction
On Monday, January 10, BSC News reported the addition of the first-ever combat Play-To-Earn (P2E) GameFi, Pi-Snake, on PiChain Mall’s gaming suite.
While the game is still in its Beta Phase, it has attracted many Pioneers in the GameFi space. The protocol’s core team member, Edwin, confirmed the significant number of gamers playing Pi-Snake to BSC News.
“Since our announcement on Twitter, a huge number of pioneers are rushing into the game, and so the server is a bit overcrowded. That's why some pioneers report the game is lagging and they cannot play it. We will continue to scale up the gaming server to ensure a smoother gaming experience,” Edwin told BSC News.
Pioneers can play Pi-Snake with their friends and earn Pi. The game is available on the PiChain Mall gaming portal for interested Pioneers.
Pi-Snake Ecosystem
Pi-Snake features three game modes: Endless Mode, Limited Time Mode, and Bounty Mode. Currently, only the Endless Mode is available in the Beta phase. Edwin stated that the Pi-Snake team is working on releasing the Bounty Mode, which will allow users to compete against each other for Pi rewards.
“Bounty mode will be released soon. So pioneers can use Pi to purchase entry tickets for the game. And users will compete against each other. The winners will get the Pi as the prize!” Edward wrote.
In the Endless mode, players control their little snakes and eat fruits to increase their length or kill other opponents. The more fruits the snakes eat, the more points (length) accumulate. Players will win the grand prize as they reach a specific accumulated length within the game.
The game also has a shopping mall, which allows players to customize their snake avatars. Further, a ranking list showcases the top players with the highest accumulated lengths.
The Pi-Snake team will continue to update the game to attract more Pioneers and improve the gaming experience for lovers of the game.
How to Play Pi-Snake
- Download Pi Browser on your mobile phone and link your Pi Wallet.
- Visit the PiChain Mall gaming suite: http://pcm.games and open Pi-Snake.
- You can also visit the updated PiChain Mall mainpage with the new URL: https://pipcm.com
- Click Login to link your Pi Wallet and play the game.
- Explore Pi-Snake and earn rewards!
What is Pi Network:
Pi Network is a mobile blockchain mining project on a mission to give everyone access to the cryptocurrency revolution. The project was founded by a team of Stanford University Ph.D. candidates who designed a mobile-friendly blockchain mining algorithm.
Pi Network has evolved over the years and has organized a hackathon, built a couple of working Pi blockchain apps, and is now in the final stages of transition to public mainnet.
Where to find Pi Network:
Website | Twitter | LinkedIn | Facebook | Instagram
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Related News
Binance VIP Traders Informed of $4B Settlement Back in September
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December 1, 2023
The exclusive gathering took place at a luxurious Singapore night club in September, where attendees engaged with Binance executives and probed about the potential settlement.
Binance reportedly hosted an exclusive dinner for its most significant market makers in September. The gathering, held at a prestigious Singapore nightclub, was an intimate setting where select VIP traders gained insights into the impending $4 billion settlement with the U.S. Department of Justice, according to a recent report from Bloomberg.
The private dinner, organized for Binance's top traders, unfolded in the upscale 1880 members-only club. Attendees, consisting of market makers and traders, engaged in discussions with Binance executives about the company's legal challenges. The conversations revolved around the potential $4 billion fine, leaving attendees convinced that Binance could afford and would settle such a substantial amount.
Attendees' Perspectives
Reports suggest that attendees, after breaking into smaller groups, sought clarification on Binance's legal troubles. They left the dinner with a heightened expectation of the $4 billion settlement, emphasizing the significant financial impact it would have on the exchange.
Former CEO Changpeng Zhao was notably absent from the gathering, with the then-head of regional markets, Richard Teng, representing the company.
In response to the reports, a Binance spokesperson disputed certain aspects of the event's depiction while refraining from specifying the inaccuracies, as per The Block. This discrepancy in accounts raises questions about the transparency surrounding Binance's legal challenges and its communication with stakeholders.
Implications of the Settlement
Binance’s $4 billion settlement with U.S. authorities, including the Department of Justice, Department of the Treasury, and the Commodity Futures Trading Commission, marked one of the largest corporate settlements in U.S. history.
The resolution concluded a criminal investigation into allegations of money laundering and sanctions violations, settling many of Binance's legal troubles in the U.S. However, Binance.US and Changpeng Zhao still face a lawsuit filed by the U.S. Securities and Exchange Commission.
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Disclaimer: Overall it is vital to proceed with caution when purchasing tokens that have just been listed. For those who have not already read our articles on safety in the BSC it is crucial to reference the following items, HERE and HERE.
This is a paid press release, BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement article for $1500. Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.
This is a paid press release, BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement article for $1500. Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.
Disclaimer: Overall it is vital to proceed with caution when purchasing tokens that have just been listed. For those who have not already read our articles on safety in the BSC it is crucial to reference the following items, HERE and HERE.
This is a paid press release, BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement article for $2500. Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.
This is a paid press release, BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement article for $2500. Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.
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