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.
Vitalik Buterin has expressed disappointment over what he sees as a shift in values within the crypto industry, particularly in relation to Ethereum’s cautious stance on blockchain gambling.
MANSA, a cross-border payments company, has secured $10 million in funding, with Tether leading the investment.
Jamie Coutts, a leading digital asset strategist at Real Vision, believes that the crypto market’s bullish momentum is far from reaching its peak.
Crypto adoption in the UAE surged in 2024, with app downloads seeing a dramatic rise, according to data from AppsFlyer.