Pi Network News: Users Struggle with KYC as March 14 Deadline Nears

Monicah W

The post Pi Network News: Users Struggle with KYC as March 14 Deadline Nears appeared first on Coinpedia Fintech News

As Pi Day is just one day away, panic is growing among Pi Network users, known as Pioneers. Many fear they could lose their Pi coins due to issues with the Know Your Customer (KYC) verification process. With the final deadline set for March 14, 2025, frustration is at an all-time high as users struggle to get verified in time.

Users Face KYC Challenges

Tap to Earn Pi Network has recently announced that any user who does not complete KYC and transfer their balance to the Mainnet by 8:00 AM UTC on March 14, 2025, will lose most of their mobile balance. The team says this is necessary to keep the network clean from unverified accounts.

However, many users say they have tried to complete KYC multiple times without success. Crypto enthusiast Rod Thompson has called this one of the biggest issues in crypto, claiming he could lose over 10,000 Pi coins because some of his referrals have not completed KYC. 

He also pointed out that Pi Network profits from ads shown during daily mining, making the situation feel unfair.

Others have also shared their frustration, saying their KYC applications have been pending for over two years. Some users have no option to reapply, leaving them in limbo and raising concerns about the fairness of the system.

Concerns Over Rewards and Balance Transfers

Aside from KYC problems, users have reported balance inconsistencies. Some claim their unverified balance continues to grow, but their transferable balance remains small. This has led to doubts about the transparency of the platform.

Another complaint is unfair reward distribution. Some long-term miners with referrals have received fewer Pi coins than others who mine irregularly, causing frustration.

Additionally, many users struggle to move their Pi coins to the Mainnet, even after completing all the steps. Due to long lock-up periods, some have even started selling their accounts on unofficial platforms, raising concerns about the project’s credibility.

Pi Coin Price Rises Despite Frustration

Despite these issues, Pi Coin’s price has surged by nearly 7% in the past 24 hours as investors prepare for Pi Day. Some analysts believe this rise is driven by speculation about potential announcements on March 14.

However, with the final KYC deadline approaching and many users still unable to verify their accounts, the future of Pi Network remains uncertain. 

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Best Coin to Buy in July 2025, One DeFi Token Got a CertiK Audit and Is Ready to 3x

mutuum-finance-crypto (1)

The post Best Coin to Buy in July 2025, One DeFi Token Got a CertiK Audit and Is Ready to 3x appeared first on Coinpedia Fintech News

With July approaching fast, investors looking for the next breakout token are starting to shift their focus to security-first DeFi platforms. Mutuum Finance (MUTM), priced at just $0.03, is gaining traction as a leading pick among early movers. Now in Phase 5 of its presale, the project has already raised over $11.3 million and attracted more than 12,600 holders. Nearly 50% of tokens allocated for this round have been sold, and with the next price increase expected in Phase 6, the current entry point of 0.03 will not last long.

What separates Mutuum Finance (MUTM) from the flood of whitepaper-based ideas is its institutional-grade approach to security. Backed by a full CertiK audit and a live $50,000 Bug Bounty Program, the protocol is showing the kind of preparation expected from major protocols. For investors looking to earn passive income, tap collateralized borrowing, and enter before a projected 3x breakout, Mutuum Finance (MUTM) is emerging as a standout choice.

$50K Bug Bounty and CertiK Review Signal Institutional Readiness

The crypto space is no stranger to flashy launches, but few early-stage DeFi protocols put security at the forefront. Mutuum Finance (MUTM) has taken a different path—starting with a comprehensive audit from CertiK that produced a Skynet Score of 77 and a Token Scan Score of 95. The team followed this by launching a live Bug Bounty Program, setting aside $50,000 in rewards to strengthen code resilience. Each bug tier—critical, major, minor, and low—has specific rewards, showing that every potential risk is being taken seriously.

This focus on secure infrastructure will be key when the platform moves into beta. By the time the token goes live, the beta platform will already be in use—providing early utility experience for borrowers, lenders, and passive income seekers. The lending model will include both P2C (peer-to-contract) and P2P (peer-to-peer) options. Through the P2C system, users will deposit major assets like USDT or ETH and receive mtTokens—on-chain representations of deposits that grow in value with interest.

join-mutuum

For example, depositing $20,000 in USDT will issue 20,000 mtUSDT. If average pool APY is around 15% (depending on pool utilization), that user will earn $3,000 per year without actively managing the position. Since mtTokens accumulate interest automatically, this is a hands-free income model.

On the borrower side, Mutuum Finance (MUTM) offers flexible liquidity options without requiring users to sell their holdings. A user who holds $5,000 worth of PEPE can borrow against it directly in the P2P market, retaining their asset exposure while still accessing usable funds. Because all loans are overcollateralized, the platform will maintain stability while providing flexible, on-chain credit.

Why are investors rushing in at $0.03?

Investors waiting on the sidelines are already seeing their cost of entry increase. Back in Phase 1, $10,000 would have secured over 500,000 MUTM tokens. At the current Phase 5 price of $0.03, the same investment buys 333,333 tokens. Once Phase 6 begins, this number will drop further. Those who lock in now and hold through launch are preparing for 3x gains—turning that $10,000 into $30,000. Waiting until the next phase means buying fewer tokens and seeing smaller multipliers on the same capital.

Unlike hype-based tokens, the price drivers for Mutuum Finance (MUTM) are fundamentally tied to adoption and protocol usage. With lending, mtToken staking, and treasury-driven buybacks built into the token model, value creation scales with the platform’s growth. Each roadmap phase—from beta launch to stablecoin, Layer-2 integration, and taking—adds new layers of utility for users.

To reward early believers, the team is also running a $100,000 giveaway. Ten participants will be selected to receive $10,000 worth of MUTM tokens, reinforcing that early supporters will get more than just price upside. For many investors, this is a rare opportunity to join a security-audited, income-generating protocol before the wider market takes notice.

With smart contracts reviewed by CertiK, a live bug bounty program, and borrower functionality set to go live in beta, Mutuum Finance (MUTM) stands out as one of the few DeFi projects ready for real adoption. As Phase 5 nears completion, now is the time to act—because once this token enters Phase 6, its $0.03 price tag will be history.

For more information about Mutuum Finance (MUTM) visit the links below:

Website: https://mutuum.com/

Linktree: https://linktr.ee/mutuumfinance

The post Best Coin to Buy in July 2025, One DeFi Token Got a CertiK Audit and Is Ready to 3x appeared first on Coinpedia Fintech News
With July approaching fast, investors looking for the next breakout token are starting to shift their focus to security-first DeFi platforms. Mutuum Finance (MUTM), priced at just $0.03, is gaining traction as a leading pick among early movers. Now in Phase 5 of its presale, the project has already raised over $11.3 million and attracted …

Tether Mints $8 Billion USDT in Short Time, Crypto Market Rally Soon?

Tether Mints $8 Billion USDT in Short Time, Crypto Market Rally Soon?

Over the past week, Tether has been on a strong USDT minting spree, adding $8 billion worth of stablecoins over the past eight days on the Tron and Ethereum blockchain networks. This fresh supply of USDT stablecoins can provide fresh ammunition for the broader crypto market rally, helping it break out of the current consolidation phase.

Tether Mints 1 Billion USDT on Tron Blockchain

In a notable development, Tether has minted an additional $1 billion worth of USDT on the Tron blockchain, just four hours ago. This marks a continuation of the company’s aggressive issuance strategy.

On-chain data further reveals that since April 28, the firm has expanded its stablecoin supply by a massive $8 billion across both – Tron and Ethereum blockchain networks. This helps USDT extend its lead over other competitors like USDC, BUSD, RLUSD, etc. Furthermore, the development also underscores move underscores the increasing demand for liquidity and stablecoin usage across decentralized finance (DeFi) and trading ecosystems.

Source: SpotOnChain

As per the Tether transparency report, the total USDT issued on Tron has surged to $71.4 billion. Currently, $72.8 billion USDT is in circulation on the Ethereum network. With just an additional $1.4 billion USDT on Tron, it could once again surpass Ethereum as the leading network for the world’s largest stablecoin issuer, a position it has held at various times over the past two years.

Apart from Tron and Ethereum, the third-largest network for the USDT stablecoin is Solana, with a $1.9 billion circulating supply. USDT’s total circulation has reached an all-time high of $149.4 billion USDT, reflecting an 8.6% increase since the start of the year.

As a result, it captures a staggering 61% of the total stablecoin market as of now. Furthermore, Tether CEO Paolo Ardoino believes that the crypto-friendly Trump administration could help the firm gain further market share over the next few years.

Additionally, Ardoino also teased the launch of an artificial intelligence (AI)-powered product designed for decentralized applications. Named “Tether AI,” the innovation is expected to drive a surge in Bitcoin and USDT transaction volumes upon release.

Crypto Market Rally Ahead?

With Bitcoin price flirting around $94,500 level over the past week, and altcoins entering strong consolidation, the recent minting of USDT could provide a catalyst for a further crypto market rally ahead.

Additionally, U.S. Treasury Secretary Scott Bessent called on the Federal Reserve to reduce interest rates, while fueling speculation of a major bull run in the crypto market.

Moreover, U.S. President Donald Trump has announced plans to lower tariffs on China. Citing the current 145% levy as excessively high and a barrier to trade, Trump expressed an intent to ease the restrictions.

The post Tether Mints $8 Billion USDT in Short Time, Crypto Market Rally Soon? appeared first on CoinGape.

Cardano (ADA) Traders Face $20 Million Liquidations if Price Rises 9%

Cardano (ADA) has been experiencing a period of fluctuating price action. Despite efforts to recover, ADA has faced challenges in maintaining its upward momentum. 

While the altcoin has held onto an uptrend since the beginning of the month, it now faces a challenge. Traders may be pulled back from participating, potentially stalling any further price recovery.

Cardano Traders Are In Trouble

The sentiment around Cardano (ADA) is mixed. According to the Liquidation Map, short traders are at a disadvantage if ADA continues its uptrend. A breach of $0.77 would lead to the liquidation of approximately $20 million worth of short contracts.

This could result in upward pressure on the price as shorts are forced to close their positions. 

However, without strong bullish momentum, this upside potential may not materialize, keeping traders cautious. While short traders could face substantial losses if ADA rises, this risk does not necessarily mean that the uptrend is sustainable.

Cardano Liquidation Map.
Cardano Liquidation Map. Source: Coinglass

Overall, Cardano’s market momentum reflects a sense of uncertainty. The number of active addresses on the network has recently dropped to a four-month low of 20,700. This decline in investor participation indicates a lack of enthusiasm among ADA holders. Many investors are seemingly pulling back, waiting for clearer signals of recovery before re-engaging with the token. 

This lack of participation has had a negative impact on Cardano’s liquidity and transaction volume, further influencing its price dynamics. The decreasing number of active addresses also suggests that traders are hesitant to invest in ADA, which could slow down any potential price recovery.

Cardano Active Addresses
Cardano Active Addresses. Source: Santiment

ADA Price Faces Barrier

Cardano is currently trading at $0.70, holding above the support level of $0.70, and the uptrend line has supported the price since early March. The immediate target for ADA is to breach the $0.77 resistance level, but this remains a challenge. Achieving this would require a rise of approximately 9%, which may be difficult under the current market conditions.

In the absence of a broader market rally, ADA is likely to remain consolidated under the $0.77 resistance. Should the altcoin fail to hold the $0.70 support, it could experience a decline, potentially falling to $0.62. This would invalidate the recent bullish outlook, further dampening investor confidence.

Cardano Price Analysis.
Cardano Price Analysis. Source: TradingView

If ADA successfully breaches the $0.77 resistance, it could rise to $0.85, thereby invalidating the bearish thesis. Such a move would likely signal a more sustained recovery, as it would clear a significant hurdle for Cardano.

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