Pi Network Strengthens Security Protocols Amid Migration Bottlenecks
Pi Network has released updated migration protocols as its PI token experiences an 8% weekly decline. The Core Team now requires mandatory two-factor authentication (2FA) for wallet security prior to processing any token transfers, directly addressing widespread user complaints regarding verification delays.
Despite 119,000 users completing secondary migrations by the end of March, KYC processing delays continue to persist network-wide. This security enhancement rollout coincides with PI trading around $0.17, reflecting mounting pressure from both operational challenges and broader market skepticism.