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Over 10 million users of Pi Network's platform have finished the required Know Your Customer (KYC) procedure. With the recent major milestone, the project is drawing closer to its mainnet launch, according to its official statement. The platform still needs to accomplish a few goals, though, one of which is to reach 15 million KYC users prior to that date.

After making two attempts to leverage their long position on Ethereum ($ETH), the second-largest cryptocurrency by market capitalization, a huge cryptocurrency whale lost over $4.5 million. This was because they had to settle their debt on a decentralized protocol as the price fell.

While other cryptocurrencies are making a shaky comeback, Bitcoin [BTC] has taken a beating, falling from $64,000 to $62,000 in just seven hours. Investors were uneasy as Ripple [XRP] displayed a sequence of drops on its weekly chart, continuing a similar trend of activity.

Over the past week, there has been a notable 21% decrease in Solana's native token, SOL, which has reached its lowest value in almost six weeks. Given that SOL's price increase of 61% in March, investors may have been unduly enthusiastic. This decline has resulted in significant liquidations of leveraged long SOL futures contracts totaling $113 million since April 11.

Shibarium, Shiba Inu's blockchain initiative, has garnered notice with a sharp comeback. The most recent statistics indicates that the number of active accounts on Shibarium has risen to over 25,000, an incredible 3,500% gain since early April and an 80% increase from the previous day.

Predicted data indicates that the interest in the "Bitcoin halving" on Google has increased to an all-time high, more than twice that of the last halving in 2020.