Pi Network news today has issued a fresh warning to its community about scam emails and fake messages. The Pi team said it will never contact users by email aboutPi Network news today has issued a fresh warning to its community about scam emails and fake messages. The Pi team said it will never contact users by email about

Pi Network Warns Users Against Email Scams and Passphrase Theft

3 min read

Pi Network news today has issued a fresh warning to its community about scam emails and fake messages. The Pi team said it will never contact users by email about wallet migration. It will also never ask for a passphrase. The alert appears as more users approach mainnet and complete KYC. Scammers are trying to copy official messages to deceive users into getting access. Pi leaders asked Pioneers to be cautious and report any strange requests.

Pi Says It Will Never Ask for Your Passphrase

Pi community says that Pi Network doesn’t send emails about wallet migration. They don’t ask for private keys or passphrases. Any message which claim that is a scam. The Pi team said some scammers pretend to be support staff. They send links that look real but once users click and enter details, the wallet is lost.

Because many people are now moving to mainnet, scammers see a chance. They target those who are unsure about the process itself. Pi team requested that users should only check their messages via the official app. Additionally, they asked the community to warn the users.

Palm Print KYC Moves Into Beta Testing

Will this the Pi Network is testing a new feature for palm print verification. This tool adds another way of identity verification, it doesn’t take the place of all checks. But it can be useful in situations where additional security is required. The goal is to increase privacy and reduce account theft. Palm print checks can help with account recovery and password reset. In the future, they might also support two-factor security.

For now, only a small group of KYC users can test it. The team will study results before wider use. Additionally, Pi Network said that KYC validator rewards are currently on schedule. The system is now being tested and if everything goes well. The rewards will be sent by the end of March 2026.

More Users Get Access to KYC and Mainnet

Pi Network also shared an update about migration progress. Around 2.5 million previously blocked users can now access the mainnet. These users passed the new security and compliance checks. If they are active and meet the criteria. Their balances will automatically move.

Over 700k more users will be able to submit KYC forms in the coming weeks. Some accounts may still need more review. This depends on prior activities and regional laws. Pi team stated that it lifts blocks in batches, each batch requires its own technical fix. This slow method adds to the network’s protection against abuse.

Why This Update Matters for Pioneers

These updates show two sides of Pi Network. One is growth, more users are joining the mainnet and KYC spots are opening. On the other hand it is safety. When major updates happen, scams become more frequent. Pi wants users to rely on the app, not on private messages or emails. The lesson is clear for Pioneers. Never click on unknown links or share your passphrase and check the Pi app for updates. As the network grows, security will become more important than speed.

The post Pi Network Warns Users Against Email Scams and Passphrase Theft appeared first on Coinfomania.

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact [email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

The Next “Big Story” in Crypto: Crypto Credit and Borrowing, Says Bitwise CEO

The Next “Big Story” in Crypto: Crypto Credit and Borrowing, Says Bitwise CEO

Bitwise CEO has recently predicted a major growth for the crypto borrowing and credit sector, calling it the next “big story.” The post The Next “Big Story” in Crypto: Crypto Credit and Borrowing, Says Bitwise CEO appeared first on Coinspeaker.
Share
Coinspeaker2025/09/18 22:16
SEC New Standards to Simplify Crypto ETF Listings

SEC New Standards to Simplify Crypto ETF Listings

The post SEC New Standards to Simplify Crypto ETF Listings appeared on BitcoinEthereumNews.com. The United States Securities and Exchange Commission (SEC) approved a new standard for crypto ETF listings on Wednesday. The standard is created to simplify the working of exchanges in terms of the process followed for crypto ETP listings. This makes it possible to to avoid the cumbersome route of case-by-case approval being followed so far. With this change, exchanges can bypass the 19(b) rule filing process. It is a review that can stretch up to 240 days and demands direct SEC approval before an ETF can launch. Instead of going through the tedious and lengthy review process, the SEC has set up a system that allows exchanges to act more quickly. Now, when an ETF issuer presents a product idea to exchanges like Nasdaq, NYSE, or CBOE, the exchange can move ahead as long as the proposal meets the generic listing standard. This means that strategies based on a single token or a basket of tokens can be listed without waiting for individual approval. New Standards Will Ease Crypto ETF Listings: SEC Chairman According to the Chairman of the SEC, Paul Atkins, this move is aimed at making it easier for investors to access digital asset products through regulated U.S. markets. He noted that by approving generic listing standards, the agency is helping U.S. capital markets remain a global leader in digital asset innovation. At the same time, the SEC approved the Grayscale Digital Large Cap Fund, a fund made up of Bitcoin, Ethereum, XRP, Cardano and Solana. Furthermore, the SEC also approved a new type of options linked to the Cboe Bitcoin U.S. ETF Index and its mini version. This step further expands the range of crypto-linked derivatives available in regulated U.S. markets. How Will SEC General Listing Standard Impact Altcoin Crypto ETF Market? The SEC’s updated listing standards could clear…
Share
BitcoinEthereumNews2025/09/18 21:38
Victra Named 2025 Recipient of Verizon’s Best Build Compliance Award

Victra Named 2025 Recipient of Verizon’s Best Build Compliance Award

Verizon Recognizes Victra for Industry-Leading Excellence in Store Design and Brand Compliance. RALEIGH, N.C., Feb. 3, 2026 /PRNewswire/ — Verizon has named Victra
Share
AI Journal2026/02/03 20:49