📢Blockchain News Flash! Bittensor (TAO) is now trading at 232.5 USDT, down 15.91% in 24 hours due to a theft of its on-chain wallet. 😱

Bittensor posted on Discord that they are investigating and have taken the extreme caution to completely stop transactions on the chain until they have more information about the nature of the attack. 🔍

The chain is now in safe mode for at least 24 hours. All transactions (including transfers) have been suspended while investigating the root cause of this attack. 🚫

Bittensor will not release any regular software updates for any software or any chain updates on the mainnet or testnet until the chain is fully restored online. 🔐

Although this incident has had some impact on Bittensor, we remain optimistic about the prospects of Bitcoin. 😉 Let us look forward to Bittensor resolving this issue as soon as possible and resuming normal operations! 🚀