{"id":50921,"date":"2025-03-10T12:33:50","date_gmt":"2025-03-10T12:33:50","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=50921"},"modified":"2025-03-10T12:33:50","modified_gmt":"2025-03-10T12:33:50","slug":"critical-warning-concerning-all-pi-network-pi-users","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=50921","title":{"rendered":"Critical Warning Concerning All Pi Network (PI) Users"},"content":{"rendered":"

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

Pi Network extended its KYC deadline to March 14, warning that users who miss it may lose some of their mined tokens.<\/p>\n

The team introduced updates allowing minor name and phone number corrections to improve the KYC process, though restrictions on repeated appeals remain.<\/p>\n

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

The Important Guidance<\/h2>\n

Despite <\/span>launching<\/span><\/a> its Open Network, which made the PI token publicly accessible, Pi Network remains <\/span>quite<\/span> controversial. For instance, it keeps prolonging the deadline for users to complete necessary Know-Your-Customer (KYC) verifications and migrate to the mainnet.\u00a0<\/span><\/p>\n

The process, known as \u201cthe Grace Period,\u201d was initially meant to run until the end of February before being <\/span>moved<\/span><\/a> to March 14. As usual, the extension sparked mixed reactions across the community, with some members appreciating the additional time while others were frustrated and described the project as a scam.\u00a0<\/span><\/p>\n

Most recently, Pi Network\u2019s team <\/span>advised<\/span><\/a> users to pass the procedures before that date \u201cto avoid forfeiting most of your Pi other than Pi mined within the rolling window of the last 6 months before your Pi <\/span>is migrated<\/span>.\u201d<\/span><\/p>\n

The developers further warned that this is the last chance for any Pioneer to complete the required steps to avoid losing their past mobile balances.\u00a0<\/span><\/p>\n

Recently, the team <\/span>assured<\/span><\/a> that<\/span> this would be the last deadline extension. However, some community members find this hard to believe, given Pi Network\u2019s habit of prolonging such development for years.\u00a0<\/span><\/p>\n

Additional Advice<\/span><\/h2>\n

Besides giving more time to users, the team behind the project<\/span> also issued some key updates to improve the KYC process.<\/span><\/p>\n

Last month, it <\/span>said<\/span><\/a> people whose Pi account name and KYC name do not match would usually have their applications rejected due to their failure to prove their ownership. To fix the problem, users should resubmit their applications with corrected details or update their Pi account name with a penalty of forfeiting part of their Mobile Balance.\u00a0<\/span><\/p>\n

\u201cEligible Pioneers include those whose KYC applications\u00a0<\/span>were rejected<\/span> due to name mismatches. However, Pioneers are eligible only if they have appealed exactly\u00a0<\/span>one time<\/span> due to this rejection reason, and that single appeal\u00a0<\/span>was denied<\/span>,\u201d\u00a0the team stated at the time.<\/span><\/p>\n

Additionally, Pi Network allowed people who have made minor typos when putting their phone numbers into their Pi account to edit up to two digits.\u00a0<\/span><\/p>\n

\u201cAllowing only up to two digits to change is to make sure the phone number change will not\u00a0<\/span>be exploited<\/span> by policy violators such as account transfers and sales or hackers taking over\u00a0someone\u2019s account,\u201d\u00a0the disclosure reads.<\/span><\/p>\n

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

TL;DR Pi Network extended its KYC deadline to March 14, warning that users who miss it may lose some of their mined tokens. The team introduced updates allowing minor name and phone number corrections to improve the KYC process, though restrictions on repeated appeals remain. The Important Guidance Despite launching its Open Network, which made […]<\/p>\n","protected":false},"author":0,"featured_media":50922,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-50921","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\/50921"}],"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=50921"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/50921\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/50922"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=50921"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=50921"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=50921"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}