🔔 Blockchain startup Bittensor temporarily suspended its network due to a private key leak, which led to a 16% drop in the value of the token.

🔐 Bittensor, a decentralized machine learning protocol, was the victim of a hacker attack that resulted in the theft of approximately $8 million in tokens.

💬 In a July 2 Telegram post, blockchain researcher ZachXBT reported that hackers had stolen more than 30,000 Bittensor TAO tokens. Following this news, TAO fell 16% to $227, but then recovered to $238.

👥 Bittensor was founded in 2019 by AI researchers Ala Shaabana and Jacob Steeves. What are your thoughts on this situation? Leave your comments below!