MASSIVE BREACH FORCES BITTENSOR NETWORK SHUTDOWN
In a dramatic turn of events, developers at Bittensor suspended the network due to a suspected wallet exploit.
The team halted all transactions after $8 million worth of TAO tokens were stolen, likely due to leaked private keys.
On-chain analyst ZachXBT and a Bittensor Discord admin confirmed the breach and subsequent network halt, which was intended to prevent further losses.
Source: The Block
I remember back in 1997 too
No scams and we didn’t even have to lock our doors
Our seed phrases were posted in our MSN bio and dapps were written in Visual Basic and had no critical vulnerabilities ever
