"The Bittensor network was forced to suspend its operations on July 3 due to a series of wallet thefts that resulted in the theft of at least $8 million in digital assets. 🚨 It is noted that the theft was discovered due to a private key leak. This latest attack occurred a month after How $11.2 million worth of TAO tokens were stolen from another wallet. According to Merkle Science's 2024 Crypto HackHub Report, private key leaks exceeded smart contract thefts. More than 55% of stolen digital assets were lost in 2023. due to private key leaks."