- Over six million PI domains had to be deleted after a password leak, which led to significant doubts about system security.
- The auction of Pi-Domains of the PI network Wins on swing, but is controversial due to speculation purchases of domain names.
PI-Network customers have to worry after a barn-size password leak triggered the sale of over six million PI tokens. PIChain Global hat published an explanationthat account information had become known, What to one unauthorized access to the PI browser.
This hack exposed many customers to the risk of losing their money and demanded Immediate protective measures. The users Was advisedto secure your PCM accounts immediately by blocking your emails with the PCM wallet and carrying out a know-your-customer verification (KYC).
We’ve received reports of leaked Pi account passwords, which may allow unauthorized access to your Pi Browser and lead to asset theft. To secure your PCM account, please bind your email by following these steps:
1. Download PCM Wallet from the official website… pic.twitter.com/xeoU1Rjcrf
— PiChain Global (@pichainmall) June 16, 2025
The safety precautions contained the Transmission of identity authentication data directly an PiChain Mall per E-mail. Although Restoration processes have been set upspread quickly in the community as well Many act quickly to more losses to avoid .
However, the security violation had previously clouded the mood in the PI community, especially among the original supporters.
Pi-Domain auction controversy
While the community recovers from the security violation excited the new project von PI-Networkdie Auction of .pi domainsthe attention of the community. The auction that started on the PI-Day 2025 is a bid platform on which individuals domestic names of their choice with one custom .pi–Expansion be able to buy
This should create web3 identities that are usable and connected to companies, applications and personal projects within the PI system. Initially, the community was euphoric, but now a course correction can be seen.
The .pi Domains Auction continues to see strong engagement across the Pi ecosystem. Recent updates include a new statistics page showing domains with the most bids, highest price, and recent trending bids. https://t.co/yD13KYexu7
The Auction is also now a Pi app instead of being…
– Pi Network (@picoreteam) June 15, 2025
Instead of promoting active use, the majority of members decide on domain occupations in order to secure domains, the brands or popular brands Understood belongwith the aim of resale. This draws attention from the actual Goal the company ab, namely that Use and practical application.
As a solution to this problem, PI-Network has a special app for the Auction with a live statistics page introducedwhich offers an insight into the highest commandments and the most popular Domai Names. All of this is part of a more comprehensive initiative to make the auction more transparent and to do justice to its original task.
PI Network improves auctions with email warnings and UI-upgrades
One better use To enablelead the developers of PI Network functions How Email notifications About the bid progress and improvements in the user interface a .
The extended Mainnet access now enables more users to participate in the auction process. There arehowever Still fearsthat the Direction of the auction too much geared towards speculative activities.
The PI team is working on the development of tools that are intended to simplify the use of domains and the creation of applications, so that .pi-domains are not only digital awards, but the focus is on real benefits.
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