Pi Network Updates, Shiba Inu (SHIB) Developments, and More: Bits Recap Dec 27

TL;DR

• The Pi Network’s Open Network launch is delayed again to January 31, 2025, disappointing users awaiting progress.
• Shiba Inu’s “SHIB: The Metaverse” expands its ecosystem, offering virtual real estate trading and global connectivity.
• Bitcoin (BTC) fell 12% from its $108,000 peak amid possible Federal Reserve policy shifts.

Delays After Delays

Pi Network – the controversial cryptocurrency project that claims to allow people to mine digital assets from their smartphones – continues to raise eyebrows across its community. It was launched more than five years ago, but the open mainnet and native token have yet to be introduced. 

Earlier this year, the team said the first huge target is the release of the Open Network. They also stated this could become possible once users pass necessary Know-Your-Customer (KYC) verifications and…