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#BTC Shakes at $80K—Up or Down? Pi Network News Today: Why Is Pi Network Rejecting Some KYC Applications? Pi Network has addressed one of the biggest concerns inside the community lately, the “Tentati

#BTC Shakes at $80K—Up or Down? Pi Network News Today: Why Is Pi Network Rejecting Some KYC Applications?

Pi Network has addressed one of the biggest concerns inside the community lately, the “Tentative KYC” status. As the network keeps expanding, Pi revealed that more than 18.1 million users have now passed KYC verification, while over 16.7 million users have already migrated to Mainnet.

According to Pi, KYC remains one of the most important parts of the ecosystem because the entire network runs on a strict “one person, one account” system. The idea is to keep bots, fake accounts, and duplicate users out while protecting real Pioneers and keeping mining rewards fair.

So, What Does “Tentative KYC” Actually Mean?

Pi clarified that Tentative KYC does not mean your application was rejected.

Instead, it simply means the system needs a few extra checks before giving final approval. Some users may be asked to complete liveness checks, while others could go through additional reviews depending on their case.

Pi says these extra steps are important because allowing fake or duplicate accounts onto Mainnet could hurt the ecosystem long term.

To make things faster, the network has now rolled out new AI-powered upgrades behind the scenes. According to Pi, the updated system combines AI models, liveness verification, and application analysis to process applications more efficiently.

The company says millions of Tentative accounts have already been moved into eligible status, while the overall KYC backlog has also been reduced significantly.

Community Starts Discussing “Step 8” Again

The update also sparked renewed discussion about the mysterious “Step 8” issue many users still face.

I recall PiCoreTeam mentioning the KYC categorization to include palm authentication. Those who are currently on step 8 haven't received palm authentication yet. So, what's the next step? pic.twitter.com/4h7mV9N3PG

— 𝕏 FireSide | Pi π (@fireside_pi) May 13, 2026

A Pi-focused community a

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BTC Shakes at $80K—Up or Down?CLARITY Act Update: Senate Flooded With 100 Amendments as Thursday Markup Arrives The deadline for Senate Banking Committee members to file amendments to the CLARITY Act 

CLARITY Act Update: Senate Flooded With 100 Amendments as Thursday Markup Arrives

The deadline for Senate Banking Committee members to file amendments to the CLARITY Act has passed. The final count is not confirmed but context suggests the number could match or exceed the 137 amendments filed ahead of January’s planned markup, which was ultimately scrapped. According to crypto journalist Eleanor Terrett, the total submitted this time around is already over 100.

Thursday’s markup just got considerably more complicated.

Warren Goes to War

Senator Elizabeth Warren submitted more than 40 amendments on her own, the single largest individual contribution to the amendment pile. Her proposals cover a wide range of restrictions on the crypto industry but one stands out above the rest.

Warren filed an amendment that would prevent the Federal Reserve from issuing master accounts to crypto companies, a move that would effectively block crypto firms from accessing the primary plumbing of the US banking system regardless of what the CLARITY Act permits them to do.

Reed Forces a Binary Choice

Senators Jack Reed of Rhode Island and Tina Smith of Minnesota filed what may be the most politically dangerous amendment of all. The Reed-Smith amendment would incorporate the banking industry’s requested changes to stablecoin yield restrictions, specifically targeting rewards that are “substantially similar” to deposit interest.

According to Punchbowl News, the filing is designed to force every senator on the committee to make a binary public choice between the crypto industry and the banking industry. For bank-friendly Republicans, that vote lands in particularly uncomfortable territory.

Reed also filed a separate amendment explicitly prohibiting cryptocurrencies from being used as legal tender, including banning tax payments made in crypto assets. The amendment directly counters a bill introduced last year by Representative Warren Davidson that wou

CLARITY Act Update: Senate Flooded With 100 Amendm

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Don't Miss It: 1,000 USDT Creator Pool Is Open!BTC Shakes at $80K—Up or Down?Everything Can Be HuobaoUS prosecutors have charged three Tennessee men over an alleged robbery and kidnapping spree target

US prosecutors have charged three Tennessee men over an alleged robbery and kidnapping spree targeting cryptocurrency holders in California.  Summary US prosecutors say three Tennessee men targeted crypto holders across California using fake delivery tactics. One victim was allegedly forced at gunpoint to transfer about $6.5 million in crypto. The case adds to growing global concern over physical attacks targeting visible crypto wealth. The defendants are Elijah Armstrong, 21, Nino Chindavanh, 21, and Jayden Rucker, 25.  The Justice Department said the indictment was filed on March 31 and unsealed after the men were arrested. Prosecutors said the alleged targets were based in San Francisco, San Jose, Sunnyvale, and Los Angeles.  You might also like: Senate Banking Committee unveils revised Clarity Act text before key vote Fake delivery tactic led to home entries The men allegedly posed as delivery workers to gain entry, or try to gain entry, into victims’ homes. Prosecutors said they then used firearms, duct tape, and zip ties to restrain victims and demand access to crypto accounts.  In one case, a victim was allegedly forced at gunpoint to sign into crypto accounts. A co-conspirator then transferred about $6.5 million in digital assets to a wallet controlled by the group, the Justice Department said.  US Attorney Craig Missakian said, “These individuals, as alleged, terrorized their victims in the hopes of stealing vast sums of cryptocurrency.” He also described the alleged scheme as “brazen, violent, and dangerous.”  FBI Acting Special Agent in Charge Matt Cobo said the case involved robbery, kidnapping, and the theft of millions in crypto. He said the FBI would work with local partners to pursue people who target victims for digital assets.  Wrench attacks draw wider concern The case adds to growing concern over crypto wrench attacks. These crimes involve p

US prosecutors have charged three Tennessee men ov

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