Pi Network Warns on Passphrase Scams as EU Status and Apps Advance
Pi Network issued a warning against a surge in phishing, while the community remains focused on unconfirmed claims of EU MiCA Layer-1 status.

Quick Take
Summary is AI generated, newsroom reviewed.
Pi Network issued an urgent warning about a surge in passphrase scams and advised Pioneers to report losses immediately.
The core rule remains: never share your passphrase; stolen funds are virtually impossible to recover due to the non-custodial wallet design.
Community figures are claiming, without official core team confirmation, that Pi has achieved EU MiCA compliance as a Layer-1 digital asset.
The utility narrative is advancing with the expansion of Mobix delivery services that now accept Pi payments.
Pi Network has issued an urgent warning to its community after a surge in passphrase related scams. Security focused Pi accounts urged users to report any stolen balances immediately through Pi’s official reporting portal. Victims were told to gather screenshots, usernames, wallet addresses and any contact details linked to the scam.
The warning repeats a simple but critical rule. Never share your passphrase. Once exposed, control of the wallet is lost. That makes recovery nearly impossible. Users who suspect compromise were also advised to create a new wallet as quickly as possible. As Pi’s ecosystem grows and expectations rise, scammers are becoming more aggressive. Community leaders say awareness is now the strongest line of defense.
Pi Users Claim New EU Status as a Layer-1 Digital Asset
Alongside security concerns, Pi Network is also seeing fresh claims about regulatory recognition in Europe. Several community figures stated that a European government-linked framework has registered Pi as a Layer-1 encrypted digital asset. These posts linked the status to digital identity standards and ISO-level classification, rather than direct MiCA approval.
Supporters argue that this recognition sets Pi Network apart from typical crypto projects. They claim it gives Pi a legal and technical foundation that could support future real-world use cases. However, the discussions remain highly speculative. There has been no detailed confirmation from the Pi Core Team through official press channels. Still, the topic has fueled major excitement ahead of the expected November 28 update.
November 28 Builds Hype as GCV and DEX Debates Intensify
November 28 continues to dominate Pi Network community discussions. Some users claim that Pi Network has already embedded the long-rumored Global Core Value of $314,159 into the ecosystem. Others argue that no real market price can form until a decentralized exchange opens. There is also debate over whether public listings will involve Pi itself or tokenized versions first.
Several community voices expect internal trading systems to activate before any wider external exchange exposure. Despite the growing hype, confusion remains high. Many pioneers are unsure about what exactly Pi Network will launch, price, or unlock after November 28. That uncertainty is helping excitement and misinformation spread at the same time.
Pi Payments Expand as Mobix Rolls Out Delivery Services
Beyond speculation, Pi Network’s utility narrative continues to grow. Mobix, a Pi-integrated commerce platform, announced the rollout of new delivery services that accept Pi payments. The service promises fast shipping, doorstep delivery and seamless Pi transactions. This is one of several real-world payment use cases tied to the Pi ecosystem in recent months. Supporters see it as proof that Pi is slowly moving from mining and holding toward active spending adoption.
With more Pi-based platforms launching and rumors of major system updates approaching. The activity across the ecosystem is clearly accelerating. At the same time, the rising buzz has also drawn in bad actors. Currently, Pi Network’s message is split between progress and protection. The tools are expanding. The risks are rising and all eyes remain locked on November 28.
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