Wu said that the OpenTensor Foundation (OTF) has opened a proposal to destroy 10% of the Bittensor (TAO) supply, which is intended to stabilize the token price in response to the recent vulnerability that caused the token loss. Regarding the root cause of the attack, the OpenTensor Foundation said that the attack was traced back to the PyPi package manager version 6.12.2, in which a malicious package was uploaded, compromising user security. The malicious package disguised as a legitimate Bittensor package, contains code for stealing unencrypted cold private key details. When a user downloads this package and decrypts their cold private key, the decrypted bytecode is sent to a remote server controlled by the attacker. Previously, according to ZachXBT monitoring, 32k TAO (worth about $8 million) was stolen, possibly due to a private key leak.