The Bittensor blockchain came to the fore with an attack on several user wallets.
Accordingly, the Tao Community Discord community administrator said that the TAO Foundation is investigating attacks against multiple Bittensor wallets in the last few hours.
While on-chain transactions were completely stopped until more information was received about the attack, it was stated that TAO tokens worth at least $ 8 million were withdrawn from a wallet.
A member of the Bittensor core team said in a statement:
“We are investigating the attack and, out of an abundance of caution, we have completely halted on-chain transactions until we receive more information about the nature of this attack.”
TAO, which has decreased by 11.3% in the last 24 hours, continues to be traded at $ 239 at the time of writing.
*This is not investment advice.