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Within this week (May 6-7, 2026), the founders Dr. Chengdiao Fan and Nicolas Kokkalis appeared on the main stage of the world's largest crypto event Consensus 2026 in Miami. They delivered a clear message: The verified identity (KYC) user network of Pi is the solution to distinguish real users from bots in the booming AI era.
Alongside this media effect, Pi Network (#Pi i) is undergoing its most important technical upgrade of the year:
Protocol 22: Completed at the end of April 2026, upgrading the network to Stellar Core 22 to enhance speed and stability.
Protocol 23 (Upcoming activation

Arbitrum (#ARB ) has just welcomed a large influx of new users thanks to its integration with Praxis Society and partner Eldorado in the Latin America (LATAM) region. This collaboration has brought over 1 million users onto the network to provide low-cost trading solutions amid a high-inflation economy.
The participation of traditional financial institutions (TradFi) continues to expand. The RWA volume on Arbitrum surpassed $800 million last year, attracting capital flows from major asset managers like Franklin Templeton.
The ArbOS 40 "Callisto" update plays a key role in synchronizing Arb

Arbitrum DAO's governance vote on handling 30.766 ETH (worth over $70 million USD) frozen from a hacker's wallet is approaching the deadline (expected on May 7 or May 8 depending on the time zone).
As of May 6, this proposal still records absolute consensus with 100% "Yes" votes from the community.
If approved, this asset will be transferred into a multi-signature wallet (multi-sig) jointly managed by four parties: Aave Labs, Kelp DAO, EtherFi, and Certora. This aims to ensure the funds are used transparently and exclusively for restitution efforts under the "DeFi United" campaign.
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