Pi Network has issued a stern security alert to its global community, reminding Pioneers that in the wild west of an open mainnet, wallet safety is no joke. The team emphasized that Pi wallets are non-custodial—meaning you, and only you, hold the keys. Lose your password or passphrase, and your Pi is gone forever, as blockchain transactions are irreversible. Think of it like a digital black hole—once your crypto falls in, not even a supernova can bring it back.
The warning, shared via official channels and echoed by community leaders, highlighted a surge in phishing scams. Scammers are creating fake websites, apps, and social media accounts impersonating Pi staff or support teams to trick users into surrendering their credentials. Once they get your passphrase, they can drain your wallet faster than a degen chasing a 100x meme coin. Pi Network explicitly stated it will never ask for your password or passphrase. If someone claiming to be "Pi Support" slides into your DMs asking for your keys, they’re not helping—they’re hustling.
Common scams include fake Pi pages, deceptive ads, and messages promising free Pi or wallet verification. Some fraudsters even create fake browser extensions or send official-looking links leading to phishing sites. The advice is simple: if it looks suspicious, close it. No one can unlock your Pi faster or double your coins—any offer claiming otherwise is a scam. If it sounds too good to be true, it’s probably a rug pull in disguise.
Pi Network stressed that the only safe wallet access is through the official Pi Browser at http://wallet.PiNet.com. Bookmark it, avoid random links, and never enter your passphrase elsewhere. The project is still in a gradual decentralization phase and not fully open-source, making users extra vulnerable during this transition. Full decentralization will only come after testing is complete. Until then, treat your seed phrase like the nuclear codes—don’t hand them over to anyone.
On a lighter note, Pi also launched a "2025 Review" feature in the app, letting users tap the button next to the chat icon to see their mining milestones and achievements from last year—a fun way to reflect on their journey. It’s like a crypto-themed yearbook, but instead of "Most Likely to Succeed," you get "Most Likely to HODL Through the Bear Market."
The core message remains: Never share your password or passphrase, and only use official Pi links. As Pi edges toward full decentralization, staying safe is the first step to protecting your future Pi. Remember, in the crypto world, your security is your responsibility—don’t let your Pi vanish into the void because you trusted the wrong link. Stay sharp, Pioneers.