No New RLUSD Minted This Week — What’s Behind the Pause?

Pi Coin price has continued to fall due to the absence of any positive catalyst despite the broader crypto market resting in the green. The Pi Network community has blamed the delay in Binance listing as one of the prime reasons behind the continuing downturn momentum in the asset. However, some argue this delay could actually be a strategic win for Pi’s long-term growth.

Pi Network’s Binance Listing Delay: A Positive Sign?

While most crypto tokens rush to secure exchange listings, Pi Network seems to be playing a longer game. A recent post by Pi-focused X account PiNewsLast24Hrs argued that not listing the asset on Binance just yet might be a smart move.

According to the post, many newly listed tokens experience price dumps and volatility shortly after listing. This pattern often harms long-term holders and attracts short-term traders. By delaying its Binance debut, Pi Coin is keeping the focus on real-world utility rather than price speculation.

The ecosystem is currently centered around merchant adoption and use cases, instead of just attracting traders looking to flip the token. This helps Pi Network avoid becoming another pump-and-dump target.

In addition, the delay gives the team tighter control over tokenomics. Without a major exchange listing, Pi can manage its circulating supply more efficiently. This prevents early whales from accumulating large volumes and manipulating the market later.

Meanwhile, the post also mentioned that Pi Network is working to build a closed ecosystem where users can actually spend the token. From in-app purchases to future decentralized apps and payment use cases, the goal is to create actual demand. This foundation could lead to stronger price action once Pi lists on major platforms.

Long-Term Goal Vs Short-Term Gains

Another key reason for the delay is to create a committed and patient community. Without instant liquidity on Binance, users are encouraged to stay involved with the project. This helps build a strong, mission-driven user base focused on utility, not hype.

Simultaneously, regulatory readiness is a concern. Taking the time to align with legal frameworks in different countries positions Pi Network for smoother future listings. It also adds credibility, especially among institutional investors and global users.

However, Pi Coin price today continued to slip and was down more than 3% to $0.58. Notably, the token has hovered between the $0.6087 and $0.56 range over the last 24 hours. However, a recent report highlighted when the Pi price may continue to move towards the north.

Despite the bullish speculations, investors should exercise due diligence while putting their bets into the asset. Besides, a recent Pi price prediction also showed that currently the bears are dominating and the value may fall to as low as $0.54 through next month.

The post Is Pi Network’s Binance Listing Delay A Bullish Sign For Pi Coin Price? appeared first on CoinGape.

While investors are bracing themselves for a Pi Network Price pump, one expert has predicted a start date for the rally. Cryptocurrency analyst Dr Altcoin says Pi Coin price will spike during the upcoming Consensus Summit, with Pi Network founder billed to deliver a keynote address.

Pi Network Price Eyes Massive Rally In May

According to an X post, cryptocurrency analyst Dr Altcoin is forecasting the start of a Pi Coin rally in mid-May. Dr Altcoin notes that investors can expect the start date of the Pi Network price during the Consensus Summit scheduled for May.

Dr Altcoin’s predictions differ from previous projections that tip the start of a Pi Coin rally toward late August. Investors previously hinged their hope for a price rally after the end of the Pi unlocking event, set to release 212 million Pi Coins.

However, Dr Altcoin is predicting the rally to begin much earlier in May, triggered by the momentum around the Consensus event. Dr Altcoin has previously revealed why Consensus 2025 will be pivotal for the Pi Network, given the sheer volume and calibre of attendees.

“I am fairly confident that the price pumping of Pi might start during the Consensus Summit (May 14-16, 2025) rather than at the end of August when Pi unlocking significantly reduces,” said Dr Altcoin.

Several Factors May Delay The Start Date Of The Price Rally

Dr Altcoin’s prediction for the launch of the Pi Network price rally in May faces a raft of challenges. Right out of the bat, the Pi Core Team (PCT) is racing against the clock to approve KYB applications before the start of Consensus 2025.

Furthermore, Dr Altcoin says the launch of decentralized applications (DApps) on the network before Consensus 2025 will support a price rally. While the PCT achieves the milestones before Consensus 2025, other external factors are angling to adversely affect Pi Network prices.

Dr Altcoin has raised alarm over shady activity on Banxa that may trigger artificial volatility for Pi Coin Price. Keen on playing its part to stabilize prices, the PCT has begun purchasing Pi Coins on centralized exchanges, mopping up over 48 million coins.

Currently, Pi Network trades at the $0.6 mark, holding the price level for over a week as investors scan the charts for signals of a seismic rally.

Furthermore, Dr Altcoin is hinging his resolve for a rally on seven Pi Network pros, including accessibility and sustainability perks. The cryptocurrency expert name-checks its security features, low gas fees, and regulatory compliance.

The post Expert Predicts Start Date For Pi Network Price Pump, Here’s When appeared first on CoinGape.

Amidst increasing crypto hacks, experts caution against a newly identified malware campaign. North Korean hackers, linked to the notorious Lazarus Group, have reportedly created three shell companies, including two in the US, to spread malware targeting crypto developers.

Through phony job interviews, these scammers trick people into compromising their crypto wallets and stealing credentials, which enables further attacks on legitimate businesses.

North Korean Hackers Target Developers: Know the Crypto Hack Risks

Cybersecurity firm Silent Push recently released a warning against the increasing crypto hacks orchestrated by the notorious North Korean hackers. The Lazarus-linked group has set up three fake companies to deliver malware to the targeted victims. These companies include BlockNovas, Angeloper Agency, and SoftGlide.

Via fake interviews, these scammers send malware to crypto developers, which will help them steal credentials and attack the businesses. The cybersecurity firm stated, “These websites and a huge network of accounts on hiring / recruiting websites are being used to trick people into applying for jobs.” Further explaining the procedures involved in the hacking, the firm added,

During the job application process an error message is displayed as someone tries to record an introduction video. The solution is an easy click fix copy and paste trick, which leads to malware if the unsuspecting developer completes the process.

Fake Employees via AI

An interesting part of the North Korean hackers’ crypto hack is the use of artificial intelligence to create fake employees. The hackers use AI to generate images and profiles for fake employees for the three front companies.

In some cases, the hackers have even stolen real images of crypto developers working in prominent firms. Silent Push noted,

There are numerous fake employees and stolen images from real people being used across this network…In one of the examples, the threat actors took a real photo from a real person, and then appeared to have run it through an AI image modifier tool to create a subtly different version of that same image.

Earlier this year, crypto exchange Deribit released a similar warning against crypto job scams. The platform identified scammers attracting job seekers by impersonating prominent crypto platforms.

FBI Seizes Fake Companies to Tackle Crypto Hacks

Though the Federal Bureau of Investigation declined to comment on the two fake companies in the US, they revealed the seizure of the Blocknovas domain as part of a law enforcement action against North Korean hackers. The bureau is targeting not only the actors but also those facilitating their schemes. An FBI official described North Korean cyber operations as “one of the most advanced persistent threats” facing the US.

This development comes following Australia’s increased scrutiny over companies involved in pig butchering crypto scams. Australia’s Securities and Investments Commission has taken the initiative to shut down 95 firms that reportedly facilitate crypto hacks.

The post Crypto Hack Alert: North Korean Hackers Target Developers With New Campaign appeared first on CoinGape.