Pi Network has issued a final reminder regarding the deadline for users to complete their Know Your Customer (KYC) verification and Mainnet migration, emphasizing that the grace period will conclude on February 28, 2025.
Initially set for January 31, 2025, the deadline was pushed back by a month, giving participants additional time to verify their identity and transition their holdings.
Developers clarified that this extension is unrelated to the anticipated Open Network launch in Q1 2025, meaning the launch could occur before or after the revised deadline.
Users who fail to complete the process by February 28 risk losing a significant portion of their Pi balance.
Only tokens mined within the six months leading up to migration will be preserved, while older holdings will be forfeited.
With multiple extensions already granted, Pi Network urges users to act swiftly to secure their assets.
To finalize KYC and migration, users must open the Pi mining app, access the ‘Mainnet Checklist’ at the top of the screen, and follow the steps to complete the process.
Circle’s arrival on the New York Stock Exchange sent shockwaves through the market, and Cathie Wood’s ARK Invest wasted no time jumping in.
WazirX’s bid to restructure and compensate victims of a $230 million hack has been rejected by the Singapore High Court, putting the exchange’s recovery roadmap in limbo.
Fundstrat’s Tom Lee believes that lingering caution in the stock market could actually be setting the stage for another bullish breakout.
Circle, the company behind the USDC stablecoin, made a dramatic entrance onto the New York Stock Exchange on June 5, with its stock skyrocketing 167% by market close.