Bittensor suffers $8 million exploit, TAO price tumbles to six-month low
Summary
Bittensor's decentralized AI network paused blockchain transactions after an $8 million exploit. A user lost 32,000 TAO due to a leaked private key. TAO's price fell by 15% but slightly rebounded. The network will be in "safe mode" for 24 hours for investigations. Validators were not impacted. Halting the chain may damage the network's reputation as "decentralized."
