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	<title>Pi Network - Coinfea</title>
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	<title>Pi Network - Coinfea</title>
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	<item>
		<title>CiDi Games Roadmap Puts Pi Network Gaming Push in Focus</title>
		<link>https://coinfea.com/cidi-games-roadmap-puts-pi-network-gaming-push-in-focus/</link>
		
		<dc:creator><![CDATA[John Palmer]]></dc:creator>
		<pubDate>Mon, 04 May 2026 11:20:52 +0000</pubDate>
				<category><![CDATA[Cryptocurrency News]]></category>
		<category><![CDATA[Pi Network]]></category>
		<guid isPermaLink="false">https://coinfea.com/?p=21475</guid>

					<description><![CDATA[<p>CiDi Games published a May 3 roadmap that places Pi Network deeper into blockchain gaming before Consensus 2026.&#160; The plan outlines a developer SDK, a browser gaming hub, and integration tools for outside studios, adding Pi payments to games. The update arrived before Pi co-founders Chengdiao Fan and Nicolas Kokkalis spoke at the Miami event, [&#8230;]</p>
<p>The post <a href="https://coinfea.com/cidi-games-roadmap-puts-pi-network-gaming-push-in-focus/">CiDi Games Roadmap Puts Pi Network Gaming Push in Focus</a> first appeared on <a href="https://coinfea.com">Coinfea</a>.</p>]]></description>
										<content:encoded><![CDATA[<p class="wp-block-paragraph"><strong>CiDi Games published a May 3 roadmap that places Pi Network deeper into blockchain gaming before Consensus 2026.&nbsp;</strong></p>



<p class="wp-block-paragraph">The plan outlines a developer SDK, a browser gaming hub, and integration tools for outside studios, adding Pi payments to games. The update arrived before Pi co-founders Chengdiao Fan and Nicolas Kokkalis spoke at the Miami event, which runs from May 5 to May 7.</p>



<h2 class="wp-block-heading">CiDi Builds Around Browser Access</h2>



<p class="wp-block-paragraph">CiDi Games began trial operations in Q1 2026, but it has not shared player numbers, engagement data, or payment volume. That leaves the project without public evidence of adoption, even as its roadmap shows a clearer product direction.</p>



<p class="wp-block-paragraph">The studio plans to use HTML5 games that run in browsers without downloads. The SDK is designed to support wallet connections, payments, and on-chain features through Pi login and wallet systems. This structure could lower entry barriers for casual users who do not want separate apps or gaming hardware.</p>



<p class="wp-block-paragraph">The roadmap also expands the earlier Pi Network and CiDi Games partnership, which centered on an H5 browser platform for casual games. Pi Network Ventures, the $100 million fund linked to the ecosystem, backed CiDi as one of its early investments.</p>



<h2 class="wp-block-heading">Pi Tests A Different Gaming Strategy</h2>



<p class="wp-block-paragraph">CiDi enters a crowded blockchain gaming market led by platforms such as Immutable, Ronin, and Sui. Immutable supports gas-free <a href="https://www.cryptopolitan.com/news/nft/">NFT </a>activity on Ethereum Layer 2, while Ronin focuses on gaming infrastructure, wallets, and marketplace tools. Sui promotes speed and flexible asset design for developers.</p>



<p class="wp-block-paragraph">Pi Network is taking a different route through mobile access and browser-based play. Its user base grew through mobile mining and social features, not through conventional gaming communities. However, rival networks often publish daily active users and transaction data, while Pi has not provided comparable figures.</p>



<p class="wp-block-paragraph">That gap remains important because developers usually look for clear user activity before committing resources. CiDi’s roadmap may attract attention, but adoption will depend on real usage, monetization terms, and technical performance.</p>



<h2 class="wp-block-heading">Consensus Timing Raises Market Attention</h2>



<p class="wp-block-paragraph">The roadmap landed during a busy period for Pi Network. Consensus 2026 begins on May 5, and Pi Network has set May 15 as the mandatory <a href="https://coinfea.com/dex-volume-decline-extends-to-april-as-outflows-extend/">deadline </a>for mainnet nodes to complete Protocol 23. The upgrade is expected to unlock native smart contract support, while non-compliant nodes will lose validation rights.</p>



<p class="wp-block-paragraph">About 184.5 million PI tokens are scheduled to unlock in May. That places the roadmap, Consensus appearance, Protocol 23 deadline, and token unlocks in the same window.</p>



<p class="wp-block-paragraph">CiDi’s plan gives Pi Network a clearer gaming narrative. Still, the project needs trial results, developer terms, and scalability details before the roadmap can be judged as more than an early-stage strategy.</p><p>The post <a href="https://coinfea.com/cidi-games-roadmap-puts-pi-network-gaming-push-in-focus/">CiDi Games Roadmap Puts Pi Network Gaming Push in Focus</a> first appeared on <a href="https://coinfea.com">Coinfea</a>.</p>]]></content:encoded>
					
		
		
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		<title>Pi Network AI upgrade accelerates the Standard KYC system</title>
		<link>https://coinfea.com/pi-network-ai-upgrade-accelerates-the-standard-kyc-system/</link>
		
		<dc:creator><![CDATA[John Palmer]]></dc:creator>
		<pubDate>Thu, 11 Dec 2025 07:33:08 +0000</pubDate>
				<category><![CDATA[Cryptocurrency News]]></category>
		<category><![CDATA[Pi Network]]></category>
		<guid isPermaLink="false">https://coinfea.com/?p=18313</guid>

					<description><![CDATA[<p>Pi Network has continued to implement artificial intelligence on its Standard Know Your Customer system as the project makes efforts to accelerate the speed of migration to the Mainnet.&#160; The update, which requires months of testing in the Fast Track KYC channel, will help minimize the verification delays of millions of users who were planning [&#8230;]</p>
<p>The post <a href="https://coinfea.com/pi-network-ai-upgrade-accelerates-the-standard-kyc-system/">Pi Network AI upgrade accelerates the Standard KYC system</a> first appeared on <a href="https://coinfea.com">Coinfea</a>.</p>]]></description>
										<content:encoded><![CDATA[<p class="wp-block-paragraph"><strong>Pi Network has continued to implement artificial intelligence on its Standard Know Your Customer system as the project makes efforts to accelerate the speed of migration to the Mainnet.&nbsp;</strong></p>



<p class="wp-block-paragraph">The update, which requires months of testing in the Fast Track KYC channel, will help minimize the verification delays of millions of users who were planning to transfer their accounts. According to developers, AI support already reduces the number of review queues by 50%, with the system clearing catch-up in areas with low validator traffic.</p>



<h2 class="wp-block-heading">Artificial intelligence enhances Standard KYC processing</h2>



<p class="wp-block-paragraph">The Standard KYC route has been used as the primary way of identity verification in the network. It used to have a 30 mining session prerequisite to the application. In September, Fast Track KYC reversed that regulation by enabling early verification for users whose mining sessions were lower. The same AI engine has been integrated into the larger Standard KYC workflow by the team to create capacity with positive outcomes of the trial period.</p>



<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"><div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="550" data-dnt="true"><p lang="en" dir="ltr">Integrating more AI into the Standard KYC process has multiple benefits. Learn more <a href="https://t.co/IVpGUe3BlJ">https://t.co/IVpGUe3BlJ</a> <a href="https://t.co/RRSwtIleP8">pic.twitter.com/RRSwtIleP8</a></p>&mdash; Pi Network (@PiCoreTeam) <a href="https://twitter.com/PiCoreTeam/status/1998893066032476214?ref_src=twsrc%5Etfw">December 10, 2025</a></blockquote><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
</div></figure>



<p class="wp-block-paragraph">The system applies AI to serve low-availability areas of validators. It also minimizes the amount of data to be displayed to human reviewers. Sensitive data had already been disguised, and even less is shown now, and yet it maintains accuracy. The team says that the AI is conservative so as not to falsely approve. In it are the cases that are not absolutely clear, which are sent to human validators to ensure that the cases are not wrongly rejected, as well as to ensure quality.</p>



<h2 class="wp-block-heading">Human validators are also not deprived of important functions</h2>



<p class="wp-block-paragraph">Complex identity checks will still be done by humans. Automated reviews occupy a portion of the validator pool of fresh work within the ecosystem. These may involve formal feedback in AI training. The team <a href="https://minepi.com/blog/kyc-ai-integration/">observes </a>that this change must aid in the bettering of tomorrow and ease the burden on the validation community.</p>



<p class="wp-block-paragraph">The third million or so of the users that have been Tentatively KYCed have also been requested to undergo a liveness check by the project. The latest data indicates that 17.5 million users have gone through KYC, and 15.7 million users have migrated to Mainnet.</p>



<h2 class="wp-block-heading">Validator rewards in 2026</h2>



<p class="wp-block-paragraph">The validator reward system remains under work with engineers expanding on massive amounts of data gathered since 2021. The audit incorporates the beta phase and testing period and presents scaled environment tasks. The project will have a distribution model that indicates the volume and quality of work in all the categories of tasks. It is projected that the reward system will be launched at the end of the first quarter of 2026.</p>



<p class="wp-block-paragraph">According to market data, the PI token has fallen below its simple moving average over the past 30 days and is approaching one of its main supporting levels. The token has dropped some 5% in the last day and over ten percent in the week.</p>



<p class="wp-block-paragraph">The parent company, <a href="https://coinfea.com/pi-network-expands-developer-tools-with-new-code-customization-features/" title="">Pi Network</a>, is also experiencing a lawsuit in the Northern District of California. It concerns the allegations of illegal transfer of tokens and losses associated with the significant decrease in PI price.</p><p>The post <a href="https://coinfea.com/pi-network-ai-upgrade-accelerates-the-standard-kyc-system/">Pi Network AI upgrade accelerates the Standard KYC system</a> first appeared on <a href="https://coinfea.com">Coinfea</a>.</p>]]></content:encoded>
					
		
		
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		<title>Pi Network expands developer tools with new code customization features</title>
		<link>https://coinfea.com/pi-network-expands-developer-tools-with-new-code-customization-features/</link>
		
		<dc:creator><![CDATA[John Palmer]]></dc:creator>
		<pubDate>Tue, 25 Nov 2025 13:36:57 +0000</pubDate>
				<category><![CDATA[Cryptocurrency News]]></category>
		<category><![CDATA[Pi Network]]></category>
		<guid isPermaLink="false">https://coinfea.com/?p=17990</guid>

					<description><![CDATA[<p>Pi Network has added new functions to allow developers to download application source code and edit it on-premises, and upload changed versions into Pi App Studio.  The announcement came as a revised blog post on the Pi Core Team and was a significant move towards the creation of flexible apps on the platform. The team [&#8230;]</p>
<p>The post <a href="https://coinfea.com/pi-network-expands-developer-tools-with-new-code-customization-features/">Pi Network expands developer tools with new code customization features</a> first appeared on <a href="https://coinfea.com">Coinfea</a>.</p>]]></description>
										<content:encoded><![CDATA[<p class="wp-block-paragraph"><strong>Pi Network has added new functions to allow developers to download application source code and edit it on-premises, and upload changed versions into Pi App Studio. </strong></p>



<p class="wp-block-paragraph">The announcement came as a revised blog post on the Pi Core Team and was a significant move towards the creation of flexible apps on the platform.</p>



<p class="wp-block-paragraph">The team claimed that the upgrade provides creators with access to the code generated by Pi App Studio through visual development. These files can now be developed in the preferred coding environment and then uploaded with revised versions. </p>



<p class="wp-block-paragraph">The Pi Core Team <a href="https://minepi.com/blog/app-studio-code/">observed </a>that the feature makes the studio an effective prototyping platform that makes integration and deployment to Pi easy.</p>



<h2 class="wp-block-heading">App Studio updated for flexible coding workflows</h2>



<p class="wp-block-paragraph">Pi Network asserted that the new system will enable creators to switch between the visual and technical creation processes without losing progress. It allows an iterative process to build, so a user can modify layouts, add functionality, or implement their own design features once the edited code is imported.</p>



<p class="wp-block-paragraph">The new workflow also has a hybrid development. Developers can begin with the visual tools and invite technical co-workers to enhance or enlarge the code. According to the team, developers can export an app, work on individual features off-platform, and re-import the enhanced version to Pi App Studio to keep on making the app look better. Users are also encouraged to post existing projects on the platform in case they are compatible with the platform.</p>



<h2 class="wp-block-heading">New interface tools enhance app management</h2>



<p class="wp-block-paragraph"><a href="https://coinfea.com/pi-network-hits-100%e2%80%91day-open-mainnet-milestone-while-price-stays-flat/" title="Pi Network">Pi Network</a> also reported that Pi App Studio has a new, modernized app management dashboard. The panel has better editing features and new sharing options provided so that it can be easily organized. Users have the option to post preview images on the description page of the app on the Pi Browser or PiNet. These trailers enable the developers to introduce their apps to their prospective clients.</p>



<p class="wp-block-paragraph">The update also introduced a special sharing feature that provides the app logo in case it was posted on the Fireside Forums Pi App Studio channel. The My Apps has new sorting and search functionality to assist users in navigating expanding portfolios. Pi Network also removed the limitation of 10 applications created per person, which was increased to 100 applications created per person.</p>



<h2 class="wp-block-heading">PI token steadies as regulatory optimism grows</h2>



<p class="wp-block-paragraph">PI had a favorable beginning of the week following a slip of close to 3% over the weekend to support around $0.221. The token came close to resistance at approximately $0.247 as trader mood enhanced. The latest device speculation about X indicated that the attempts of Pi Network to match the MiCA framework of the EU might be beneficial to its market stance.</p>



<p class="wp-block-paragraph">The community leaders also reported that the network had over 60 million users. The milestone failed to curb a short-term pullback of prices that saw the token decline by approximately 2% on the day before. Coingecko and TradingView data revealed that PI was trading at $0.23, and the Relative Strength Index was close to 52, which indicated a neutral momentum. Buy signals were recorded in most short-term moving averages, such as the 10-day and 20-day exponential and simple moving averages.</p><p>The post <a href="https://coinfea.com/pi-network-expands-developer-tools-with-new-code-customization-features/">Pi Network expands developer tools with new code customization features</a> first appeared on <a href="https://coinfea.com">Coinfea</a>.</p>]]></content:encoded>
					
		
		
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		<title>Pi Network Hits 100‑Day Open Mainnet Milestone While Price Stays Flat</title>
		<link>https://coinfea.com/pi-network-hits-100%e2%80%91day-open-mainnet-milestone-while-price-stays-flat/</link>
		
		<dc:creator><![CDATA[John Palmer]]></dc:creator>
		<pubDate>Sat, 21 Jun 2025 09:59:03 +0000</pubDate>
				<category><![CDATA[Cryptocurrency News]]></category>
		<category><![CDATA[Pi Network]]></category>
		<guid isPermaLink="false">https://coinfea.com/?p=14737</guid>

					<description><![CDATA[<p>Pi Network has completed 100 days since it launched its Open mainnet on February 20, 2025, following more than six years of development. The launch allowed external integration with the Pi blockchain, granting access to developers, merchants, and over 13 million mainnet users globally. Despite these milestones, the price of Pi Coin (PI) has remained [&#8230;]</p>
<p>The post <a href="https://coinfea.com/pi-network-hits-100%e2%80%91day-open-mainnet-milestone-while-price-stays-flat/">Pi Network Hits 100‑Day Open Mainnet Milestone While Price Stays Flat</a> first appeared on <a href="https://coinfea.com">Coinfea</a>.</p>]]></description>
										<content:encoded><![CDATA[<p class="wp-block-paragraph"><strong>Pi Network has completed 100 days since it launched its Open mainnet on February 20, 2025, following more than six years of development. The launch allowed external integration with the Pi blockchain, granting access to developers, merchants, and over 13 million mainnet users globally. Despite these milestones, the price of Pi Coin (PI) has remained sluggish, currently trading below $0.60.</strong></p>



<h2 class="wp-block-heading">Price movement remains limited</h2>



<p class="wp-block-paragraph">Since the Open Network launch, PI&#8217;s performance has shown little upward momentum. The coin has failed to surpass the $0.61 resistance, which aligns with its 50-period exponential moving average. Trading volumes have dropped significantly, standing at around $77 million, reflecting a 35 percent decrease from the weekly average. The 100-day milestone did not trigger any significant movement in the coin’s market behavior.</p>



<figure class="wp-block-image"><img decoding="async" src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXcs0Xa4Sobw-rmmTnGtL9T7LvUv05UhHXIKrdX0cYpOHz_0Zy2K224vJNBLOgDp9WWoJWm167D1IkcO1Kcl9joV4slfvmCcXRtbAtm4pbgHBUMcRPrfaTO6QnH3xoEWim9F6fo?key=jrxsER5hs6HDGmDnffvEpA" alt="" /></figure>



<h2 class="wp-block-heading">Ecosystem Growth Through Funding and Events</h2>



<p class="wp-block-paragraph">In the same period, the Pi Foundation introduced Pi Network Ventures, a $100 million venture fund allocated in both Pi and USD. The fund is designed to support <a href="https://minepi.com/blog/100-days-open-network/">projects </a>that aim to integrate the Pi <a href="https://www.cryptopolitan.com/china-says-blockchain-drives-stablecoins/">blockchain </a>and promote real-world utility. The foundation stated that priority would be given to projects that drive commercial use of the PI token.</p>



<p class="wp-block-paragraph">The ecosystem also welcomed FruityPi, a fruit-matching mobile game. Additionally, Pi Day 2025 marked the start of the PiFest, which ran from March 14 to March 21. The event attracted over 125,000 registered merchants and 58,000 active sellers. The foundation noted this as a successful demonstration of real-world utility within the Pi Network.</p>



<h2 class="wp-block-heading">Domain auction and developer tools see active engagement</h2>



<p class="wp-block-paragraph">The ongoing auction of .pi Domains has recorded more than 123,000 active bids from 57,000 unique participants. Over 69,000 domains have current bids, with more than 3 million Pi staked in total. The Pi Foundation noted that these domains enhance user experience through easier app discovery and personalization.</p>



<p class="wp-block-paragraph">The development process is simplified because developers can now register the applications in the Developer Portal without the required prior approval. It has also introduced the Pi Ad Network that helps monetize apps, so there are already apps that make money out of ad revenue. These changes will create a sustainable economic system of the Pi ecosystem. Ever since the Open Network was rolled out, the mainnet is the location of more than 3 million additional users. The network has attained more than 13 million users, 7.4billion Pi migrated, 5.2 locked, and 2.2 unlocked. It has more than 400,000 active nodes running in the mainnet and test nets.</p><p>The post <a href="https://coinfea.com/pi-network-hits-100%e2%80%91day-open-mainnet-milestone-while-price-stays-flat/">Pi Network Hits 100‑Day Open Mainnet Milestone While Price Stays Flat</a> first appeared on <a href="https://coinfea.com">Coinfea</a>.</p>]]></content:encoded>
					
		
		
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		<title>Pi Network Under Fire as Token Price Plummets and Insider Wallet Activity Raises Concerns</title>
		<link>https://coinfea.com/pi-network-under-fire-as-token-price-plummets-and-insider-wallet-activity-raises-concerns/</link>
		
		<dc:creator><![CDATA[John Palmer]]></dc:creator>
		<pubDate>Sun, 18 May 2025 10:23:51 +0000</pubDate>
				<category><![CDATA[Cryptocurrency News]]></category>
		<category><![CDATA[Pi Network]]></category>
		<guid isPermaLink="false">https://coinfea.com/?p=14175</guid>

					<description><![CDATA[<p>After the value of its token declined sharply, many are questioning the fairness of insider decisions in Pi Network.&#160; Individuals from the community have mentioned a rug pull could occur, as many sell-offs have been caught on the blockchain. The controversy began when well-known community figure Dr Picoin claimed insiders sold millions of tokens shortly [&#8230;]</p>
<p>The post <a href="https://coinfea.com/pi-network-under-fire-as-token-price-plummets-and-insider-wallet-activity-raises-concerns/">Pi Network Under Fire as Token Price Plummets and Insider Wallet Activity Raises Concerns</a> first appeared on <a href="https://coinfea.com">Coinfea</a>.</p>]]></description>
										<content:encoded><![CDATA[<p class="wp-block-paragraph"><strong>After the value of its token declined sharply, many are questioning the fairness of insider decisions in Pi Network.&nbsp;</strong></p>



<p class="wp-block-paragraph">Individuals from the community have mentioned a rug pull could occur, as many sell-offs have been caught on the blockchain. The controversy began when well-known community figure Dr Picoin claimed insiders sold millions of tokens shortly after updates were announced at Consensus 2025.</p>



<h2 class="wp-block-heading">Community split over insider activity</h2>



<p class="wp-block-paragraph">Dr <a href="https://x.com/Dr_Picoin/status/1923607100837490945">Picoin </a>suggested that the developers of Pi Core sold millions of PI tokens while optimizing trading volume with marketing. He explained that the updates strongly increased the price, allowing people close to the project to sell when others were focused on what it might do. As proof of his claim, blockchain data reveals that a wallet under Core Team management sent out 12 million PI in a single day. At the same time, some people from the community challenged the accusations against Zodiac. The Pinewszone account said the wallet sends funds to the public mainnet wallet. They urged users not to sell their tokens due to false information.</p>



<figure class="wp-block-image"><img decoding="async" src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXfaleI-ixyazxsjOAsfCLq8fSVPZAsqs-LFKck_PxPnJZrr5TnNS6hByPrULWKXCY3xM9FBC5HLL_wHJ9w9fhJ20mSUyApvWbod49QI6R_p-3DZ9JtB7A5Fw9VnzXSIDwh2ksCT?key=iwDwJ0BaexeoEOr2_KUkUA" alt="" /></figure>



<h2 class="wp-block-heading">PI token sees major price drop</h2>



<p class="wp-block-paragraph">The price of PI has fallen by more than 50% over the last week. Once it hit $1.60 on May 12, the token quickly dropped to $0.679 which was 58% lower. More users are getting angry because they felt the significant milestone <a href="https://x.com/Dr_Picoin/status/1923666735372099795">promised </a>at the recent announcement did not occur. Many users were expecting the announcement of the start of the switch to the mainnet. Nevertheless, the news was focused on the Pi Network Venture Fund which plans to award $100 million to help the Pi Network expand. Because of this, more people became disappointed and sold their assets contributing to the panic. There is less trading taking place on PI. The market value of all cryptocurrencies decreased by 34% in 24 hours, falling far from the May 13 top value of $2.03 billion.</p>



<figure class="wp-block-image"><img decoding="async" src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXeoLwyK-ZrDGuY9IE95oB7KGWqva7ieRygwZo3ZUnKBDOftrFmrN9hDzPs-_vLBG2LugQZaFz_4-5CC6mbjdlA4CsCXpcL8lq4ZWKceUuskW_PB35MJaRKCTeEFZQWuMEH8XUM?key=iwDwJ0BaexeoEOr2_KUkUA" alt="" /></figure>



<h2 class="wp-block-heading">New upgrades unveiled at consensus 2025</h2>



<p class="wp-block-paragraph">Despite growing tension, Pi Network continues to introduce updates. Founder Dr Nicholas Kokkalis announced that the network has disabled its central node, a step toward decentralization. He also introduced Horizon, a new node software version that improves security and performance.</p>



<p class="wp-block-paragraph">Kokkalis said Pi Network would integrate artificial intelligence and encouraged AI developers to build on the platform. He added that technical upgrades will continue as the project works toward its mainnet launch.</p><p>The post <a href="https://coinfea.com/pi-network-under-fire-as-token-price-plummets-and-insider-wallet-activity-raises-concerns/">Pi Network Under Fire as Token Price Plummets and Insider Wallet Activity Raises Concerns</a> first appeared on <a href="https://coinfea.com">Coinfea</a>.</p>]]></content:encoded>
					
		
		
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		<title>Pi Network Surpasses 4 Million Followers on X, Closing in on Dogecoin</title>
		<link>https://coinfea.com/pi-network-surpasses-4-million-followers-on-x-closing-in-on-dogecoin/</link>
		
		<dc:creator><![CDATA[John Palmer]]></dc:creator>
		<pubDate>Fri, 07 Mar 2025 09:19:54 +0000</pubDate>
				<category><![CDATA[Cryptocurrency News]]></category>
		<category><![CDATA[Pi Network]]></category>
		<guid isPermaLink="false">https://coinfea.com/?p=12907</guid>

					<description><![CDATA[<p>Pi Network, a mobile-based cryptocurrency, has reached a new social media milestone, surpassing 4 million followers on X (formerly Twitter).&#160; This achievement places Pi Network closer to Dogecoin, with only a 300,000-follower gap between the two. The Pi Network team acknowledged the milestone by thanking the community for its continued support. Pi Network’s growing influence [&#8230;]</p>
<p>The post <a href="https://coinfea.com/pi-network-surpasses-4-million-followers-on-x-closing-in-on-dogecoin/">Pi Network Surpasses 4 Million Followers on X, Closing in on Dogecoin</a> first appeared on <a href="https://coinfea.com">Coinfea</a>.</p>]]></description>
										<content:encoded><![CDATA[<p class="wp-block-paragraph"><strong>Pi Network, a mobile-based cryptocurrency, has reached a new </strong><a href="https://beincrypto.com/pi-network-reaches-4-million-followers/"><strong>social media</strong></a><strong> milestone, surpassing 4 million followers on X (formerly Twitter).&nbsp;</strong></p>



<p class="wp-block-paragraph">This achievement places Pi Network closer to Dogecoin, with only a 300,000-follower gap between the two. The Pi Network team acknowledged the milestone by thanking the community for its continued support.</p>



<h2 class="wp-block-heading">Pi Network’s growing influence on social media and app downloads</h2>



<p class="wp-block-paragraph">The increasing number of followers highlights <a href="https://x.com/PiCoreTeam/status/1897065139213623785">Pi Network&#8217;s</a> expanding reach within the crypto space. Alongside social media growth, the project has gained significant traction on the Google Play Store, accumulating over 113.2 million downloads. Over the past month, an average of 270,000 new users have installed the app daily.</p>



<p class="wp-block-paragraph">Pi Network has also made its mark on CoinGecko, ranking among the top five &#8220;Made in USA Coins.&#8221; It has outperformed several well-known altcoins, including Chainlink (LINK), Hedera (HBAR), and Stellar (XLM). Its rising popularity was further reinforced by securing a position in CoinMarketCap’s top rankings, strengthening its credibility in the industry.</p>



<h2 class="wp-block-heading">Community pushes for Binance listing amid growing support</h2>



<p class="wp-block-paragraph">Pi Network has yet to secure a listing on Binance, one of the world&#8217;s largest cryptocurrency exchanges, despite its increasing influence. A recent Binance community poll revealed that 86% of participants supported an official Pi Coin (PI) listing. However, Binance has not taken action, leading to growing impatience among Pi supporters.</p>



<p class="wp-block-paragraph">Some community members have actively rallied for Binance to list the token, urging the broader crypto community to voice their support. In response to the rising pressure, Pi Network co-founder Chengdiao Fan encouraged supporters to remain focused on building and innovating within the ecosystem. Fan reassured the community that market acceptance would follow in due time.</p>



<h2 class="wp-block-heading">Pi Network gains momentum as market interest increases</h2>



<p class="wp-block-paragraph">Regulatory concerns, including anti-money laundering (AML) compliance, have previously limited Pi Network&#8217;s ability to secure mainstream exchange listings. Trading has largely been confined to peer-to-peer (P2P) and over-the-counter (OTC) markets.</p>



<p class="wp-block-paragraph">However, recent developments have sparked renewed interest in Pi Network, especially following regulatory changes in the United States. As a result, speculation about potential listings on major exchanges such as Bitget has increased.</p>



<p class="wp-block-paragraph">This week Pi Coin produced a major development about its CoinMarketCap listing. After the news announcement Pi Coin achieved a 3% increase that moved its price to $1.74 with a market capitalization of $12.1 billion at the time of reporting.</p><p>The post <a href="https://coinfea.com/pi-network-surpasses-4-million-followers-on-x-closing-in-on-dogecoin/">Pi Network Surpasses 4 Million Followers on X, Closing in on Dogecoin</a> first appeared on <a href="https://coinfea.com">Coinfea</a>.</p>]]></content:encoded>
					
		
		
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		<title>Vietnam police warn traders about Pi Network</title>
		<link>https://coinfea.com/vietnam-police-warn-traders-about-pi-network/</link>
		
		<dc:creator><![CDATA[Owotunse Adebayo]]></dc:creator>
		<pubDate>Mon, 03 Mar 2025 11:09:54 +0000</pubDate>
				<category><![CDATA[Cryptocurrency News]]></category>
		<category><![CDATA[Pi Network]]></category>
		<guid isPermaLink="false">https://coinfea.com/?p=12827</guid>

					<description><![CDATA[<p>The police in Vietnam have warned the public about Pi Network, issuing an advisory that classifies its use for payments as illegal. In a recent post on Facebook, the authorities noticed the rapid rise in its everyday usage for transactions, noting that it could attract sanctions and criminal prosecution. According to the police, virtual currencies [&#8230;]</p>
<p>The post <a href="https://coinfea.com/vietnam-police-warn-traders-about-pi-network/">Vietnam police warn traders about Pi Network</a> first appeared on <a href="https://coinfea.com">Coinfea</a>.</p>]]></description>
										<content:encoded><![CDATA[<p class="wp-block-paragraph"><strong>The police in Vietnam have warned the public about Pi Network, issuing an advisory that classifies its use for payments as illegal. In a recent post on Facebook, the authorities noticed the rapid rise in its everyday usage for transactions, noting that it could attract sanctions and criminal prosecution.</strong></p>



<p class="wp-block-paragraph">According to the police, virtual currencies cannot be <a href="https://www.cryptopolitan.com/vietnam-police-warning-pi-network/" title="used">used</a> as a means of payment as it breaches the existing laws of the country. The authorities noted that any organization accepting cryptocurrency as a means of payment could be liable to face sanctions under Clause 6 Article 26 of Decree 88/2019/ND CEP.</p>



<p class="wp-block-paragraph">The police added that the sanction could see the affected individuals pay fines of up to 100 Vietnamese dollars, with the entities prosecuted under the regulation of banking activities. The recent statement is in response to the wide usage of the token as a means of payment by individuals and firms. Vietnam has one of the highest crypto adoption rates globally, and Pi has gained momentum in the country since it was listed on several exchanges.</p>



<h2 class="wp-block-heading">Vietnam police say Pi is not an asset</h2>



<p class="wp-block-paragraph">According to the authorities, Pi does not have the makeup of a real asset as its value is based solely on speculation. Also, Pi and other digital assets are not considered as assets under the law in the country, therefore users should be aware of the risks of investing in these tokens. The authorities noted that some of the risks associated with these assets include scams, rug pulls, and other vices that have ravaged the crypto industry.</p>



<p class="wp-block-paragraph">The police also mentioned that posting information about Pi and other tokens could also violate the laws of the country. “It is not allowed to give, transmit, post false and unverified information on cyberspace related to virtual currencies, cryptocurrencies in general and Pi coins in particular, causing public confusion or causing cases of violating the law,” the statement said.</p>



<p class="wp-block-paragraph">The Department of Cybersecurity and Crime Prevention has also urged investors in the token to ensure they get adequate information about the token before they put their funds in it “to avoid the risk of property damage and encountering unfortunate events.”</p>



<h2 class="wp-block-heading">Pi falls 17% in 24 hours</h2>



<p class="wp-block-paragraph">Pi token has seen a massive plunge in the last 24 hours, dropping 17.6% to $1.73. According to data from CoinGecko, the token still boasts a 21% gain over the last seven days, with the gain attributed to its listing on exchanges like <a href="https://coinfea.com/okx-warns-users-about-malicious-firefox-extension/" title="OKX Warns Users About Malicious Firefox Extension">OKX</a>, Bitget, and MEXC. However, the project has seen criticism in the industry, with most people saying it is a fraudulent project. Most of them attribute the lack of listing on major exchanges and transparency as major factors.</p>



<p class="wp-block-paragraph">Some of the users on the platform have also called the project out due to their inability to pass the Know Your Customer (KYC) stage, a stage compulsory for users to migrate their mined tokens to the mainnet. In response, the Pi Core team has extended the deadline for migration to March 14 as it gives people enough time to move their tokens to the mainnet or they are lost forever.</p><p>The post <a href="https://coinfea.com/vietnam-police-warn-traders-about-pi-network/">Vietnam police warn traders about Pi Network</a> first appeared on <a href="https://coinfea.com">Coinfea</a>.</p>]]></content:encoded>
					
		
		
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