Pi Network Issues Official Warning on Wallet Safety and Phishing Risks

Pi Network has issued an official warning about the risks of phishing attacks and compromised wallets, urging users to verify links and secure private keys (). This comes amid a broader trend of increasing security threats in the cryptocurrency industry, as highlighted by recent reports. Users are being advised to exercise caution when clicking on links or providing wallet access information ().

Smart contract vulnerabilities emerged as the largest attack vector in 2025, according to a report by SlowMist. A total of 56 cybersecurity incidents were attributed to smart contract flaws, while account compromises accounted for 50 incidents according to data. Contract vulnerabilities represented 30.5% of all crypto exploits in 2025, making them a primary concern for investors and developers according to analysis.

Phishing attacks also remained a major threat in 2025, ranking second after smart contract exploits. These attacks, which rely on social engineering rather than code hacking, cost investors $722 million across 248 incidents, according to CertiK. While this amount is a 38% decrease from the $1 billion lost in 2024, it underscores the continued risks posed by phishing schemes.

What Are the Latest Developments in Wallet Security?

GeeFi has announced a major update to its wallet, integrating a built-in presale feature for the GEE token. The update allows users to participate in token sales directly from the wallet, reducing the need to navigate external platforms. This move aims to improve user experience while maintaining a strong focus on security and non-custodial control of assets.

Indocia has also expanded its wallet capabilities by adding Bitcoin network support. The update enables users to store, track, and swap Bitcoin within the non-custodial wallet, supporting both Bitcoin and Ethereum-based assets from a single interface. This expansion is part of Indocia's broader strategy to create a multi-network, user-centric platform.

How Are Crypto Exchanges Improving User Access and Security?

LBank has launched a feature allowing users to purchase cryptocurrencies via Apple Pay and Google Pay with zero transaction fees. This integration streamlines the onboarding process and reduces barriers for new users. The upgrade also includes biometric authentication and tokenization to enhance security and reduce data leaks.

These developments highlight the growing emphasis on user-friendly and secure platforms in the crypto industry. As more users adopt digital assets, the need for robust security measures and intuitive interfaces becomes increasingly important.

What Innovations Are Emerging in Space Technology?

Aule Space, a deep-tech startup focused on satellite servicing, has raised $2 million in pre-seed funding led by pi Ventures. The company is developing autonomous satellite jetpacks designed to extend the life of geostationary communication satellites and support orbital sustainability.

With this funding, Aule Space plans to expand its engineering team and launch demonstration satellites to test rendezvous, proximity operations, and docking (RPOD) capabilities. The technology could help reduce satellite abandonment and improve the economic viability of space assets.

The integration of RPOD technology represents a significant step toward more sustainable and cost-effective space operations. As the cost of satellite launches decreases, the demand for in-space servicing and maintenance is expected to rise.