{"id":23558,"date":"2024-11-26T10:32:09","date_gmt":"2024-11-26T10:32:09","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=23558"},"modified":"2024-11-26T10:32:09","modified_gmt":"2024-11-26T10:32:09","slug":"important-pi-network-pi-update-concerning-all-pibridge-users","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=23558","title":{"rendered":"Important Pi Network (PI) Update Concerning All PiBridge Users"},"content":{"rendered":"

TL;DR<\/strong><\/p>\n

PiBridge scheduled a maintenance on its Pi withdrawal portal.<\/span>
\nThe Pi Network team recently emphasized completing additional steps beyond KYC for mainnet migration, urging users to act within the Grace period to avoid losing access to their tokens.<\/p>\n

<\/a><\/h2>\n

\u2018Ensuring the Best User Experience\u2019<\/span><\/h2>\n

PiBridge \u2013 a decentralized finance platform connecting Pi Network with other blockchains \u2013 recently <\/span>announced<\/span><\/a> that the Pi withdrawal portal will undergo maintenance. The team claimed that the <\/span>effort\u2019s<\/span> goal is \u201cto enhance service quality and ensure the best user experience.\u201d\u00a0<\/span><\/p>\n

Pi withdrawals will be temporarily unavailable during the process (scheduled for November 26). \u201cWe are committed to completing the maintenance as soon as possible and will notify you immediately when the portal reopens,\u201d PiBridge assured.\u00a0<\/span><\/p>\n

As promised, the initiative did not last long. Approximately an hour ago, the team <\/span>said<\/span><\/a> it had been completed, and users could resume withdrawals and all platform features as usual.\u00a0<\/span><\/p>\n

\u201cThank you for your patience and unwavering support during this time. We remain committed to delivering the best possible experience for our community,\u201d PiBridge added.<\/span><\/p>\n

Recent Pi Network Developments<\/span><\/h2>\n

The controversial cryptocurrency project, which aims to enable users to mine digital assets directly from their smartphones, is among the hottest topics in the space. <\/span>It has been around for over five years and its community <\/span>comprises<\/span> millions <\/span>of people<\/span>.<\/span>\u00a0<\/span><\/p>\n

However, those are still waiting for the official launch of Pi Network\u2019s native token and its open mainnet. Earlier this year, the team indicated that <\/span>those milestones could be reached<\/span> once all users pass necessary Know-Your-Customer (KYC) procedures. Initially, people had until September 30 to complete verifications, while later, the deadline\u00a0<\/span>was\u00a0<\/span>extended<\/span><\/a> to November 30.\u00a0<\/span><\/p>\n

The developers also stated that the Open Network will <\/span>see the light of day<\/span> once 15 million people have passed KYC procedures.<\/span> Not long ago, the social media channel Pi News <\/span>revealed <\/span><\/a>that just 1 million individuals <\/span>are<\/span> needed to complete the target.<\/span><\/p>\n

Most recently, Pi Network <\/span>provided<\/span><\/a> key<\/span> instructions for mainnet migration, emphasizing that completing verifications is just one step in the <\/span>whole<\/span> process. Users\u00a0<\/span>are urged<\/span> to\u00a0set up and confirm the wallet, sign the token confirmation agreement, and conduct other checklist steps.\u00a0<\/span><\/p>\n

\u201cThese steps can be completed before KYC<\/span>,\u00a0<\/span>no need to wait. Please complete the migration within the grace period<\/span>,\u00a0<\/span>otherwise your Pi may be considered abandoned and unusable,\u201d the team alerted.<\/span>\u00a0<\/span><\/p>\n

Meanwhile, the community is waiting for December, when the Pi Core Team is <\/span>supposed<\/span><\/a> to provide more details on the open mainnet roadmap, which would allow official Pi token transactions.<\/span><\/p>\n

We <\/span>have yet<\/span> to see if everything will go as promised or if there will be another delay.<\/span><\/p>\n

The post Important Pi Network (PI) Update Concerning All PiBridge Users<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

TL;DR PiBridge scheduled a maintenance on its Pi withdrawal portal. The Pi Network team recently emphasized completing additional steps beyond KYC for mainnet migration, urging users to act within the Grace period to avoid losing access to their tokens. \u2018Ensuring the Best User Experience\u2019 PiBridge \u2013 a decentralized finance platform connecting Pi Network with other […]<\/p>\n","protected":false},"author":0,"featured_media":23559,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-23558","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/23558"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=23558"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/23558\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/23559"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=23558"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=23558"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=23558"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}