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Scammers Are After Your Pi: Core Team Shares Safety Guidelines

Scammers are after your Pi. In this regard, the Pi Core Team has published a safety guide. You can find more detailed information on this topic in the CDS.

Scammers Are After Your Pi Core Team Shares Safety Guidelines
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Scammers Are After Your Pi: Here’s How to Stay Safe

Users are being reminded by the Pi Network to be vigilant about wallet security. Pioneers are reminded in a shared community update to only trust emails that use two-factor authentication (2FA). [email protected] and other official Pi addresses are the source of that. The warning comes as phishing techniques are still making the rounds in the cryptocurrency world. The most trustworthy source for verifiable information, according to the Pi Core Team, is the Pi Safety Center. Official notices and links to safe resources are kept in the Safety Center. It provides instructions for safeguarding digital assets. It now serves as the main forum for raising user awareness for the project.

Safeguard Your Pi Wallet: Why Is Passphrase Protection Critical?

A thread detailing how to safeguard wallets was made public by the Pi Open Mainnet account. Pi wallets are non-custodial, as the message reminded users. Holders are now solely responsible for protecting their passphrases and private keys. Reversals are not permitted on blockchain networks, in contrast to conventional financial systems. Recovery is impossible if credentials have been compromised or funds have been transferred out.

Pi Price Holds Steady as Wallet Safety Takes Center Stage

Pi Price Holds Steady as Wallet Safety Takes Center Stage

The community upgrade focused mostly on security, but Pi’s market performance remained muted. Pi was trading at $0.3456 on September 7. According to CoinMarketCap, it saw a minor increase of 1.28% in a day. The 24-hour range of the token was limited. The price of Pi peaked at $0.3489 and fell to $0.3419. Calm conditions were implied by such tight movement.

The silent market activity and the wallet protection advice together show two facets of Pi Network‘s development. On the one hand, the project aims to remind users of their responsibility to safeguard digital assets in order to strengthen their community. On the other hand, the price chart illustrates how challenging it is to recover from steep drops.

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Scammers Are After Your Pi: Core Team Shares Safety Guidelines
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