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Binance Community Vote for Pi Network Draws Backlash Amid Security Concerns

  • Binance has reopened its token listing process by community vote, considering the addition of Pi Network (PI).
  • The current vote shows 85% support for listing Pi ahead of its mainnet launch.
  • Critics, including Colin Wu of Wu Blockchain, argue that Binance's approach prioritizes user growth and traffic over security and reputation.
  • Despite community support, concerns about security, regulatory risk, and Binance's listing process strategy continue to fuel debate.

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