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News Explorer — Bittensor Halted After $8 Million Hack, Suspected Private Key Leak

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Jul 3, 11:39 am

Protos

Bittensor Halted After $8 Million Hack, Suspected Private Key Leak

Bittensor, an AI-focused blockchain, has been paused after $8 million worth of TAO tokens were stolen from the network's validators. The cause of the attack is suspected to be a private key leak. The token's price dropped by 9% and continued to suffer, hitting a low of $227. The network has been placed into safe mode for at least the next 24 hours.

Bittensor, an AI-focused blockchain, has been paused after $8 million worth of TAO tokens were stolen from the network's validators. The cause of the attack is suspected to be a private key leak. The token's price dropped by 9% and continued to suffer, hitting a low of $227. The network has been placed into safe mode for at least the next 24 hours.

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