Pi Network Warning: Hack fears grow after dubious post on X

Is there a reason for concern?

A recent message about X (formerly Twitter) suspected that the co-founder of the PI network, Nicolas Kokkalis, may have become a victim of a hacking attack. In the following rules we will investigate what happened and what each member of the community needs to know.

Hack or not?

Earlier this week, one of the co-founders of Pi Network, Dr. Chengdiao Fan, that the project new decentralized Exchange (DEX) and Automated Market Maker (AMM) has deployed liquidity pool functions. The tools (initially only available on Testnet) enable pioneers to experiment directly with Token Waps and offer education about Defi before participating in a mainnet and interaction with real PI -Tokens.

The update aroused enormous enthusiasm throughout the community, where many members X flooded to celebrate the news. One dubious account, which is not the official behind the crypto project, also emphasized the most important benefits of development.

Interesting is that co-founder of Pi Network Nicolas Kokkalis has forwarded the post, spark speculation That hackers have violated X account.

PI users are highly advised to stay careful and to prevent them from falling for misleading updates or not -rejected announcements. To remain safe, they must only rely on trusted information sources, such as the official PI network account on X and other communication channels that has been managed by the team.

Pi Price Outlook

Despite the large PI network update and the substantial revival of the cryptomarket, the native token of Pi Network remains on red territory. It has plashed by 25% on a monthly scale and is currently traded at around $ 0.26 (per data from Coingecko).

Many members of the community have started to lose the hope that it can actively reclaim its peak levels at the beginning of 2025, while some important statistics suggest that the pullback could intensify in the short term.

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