Bittensor Blockchain Placed in ‘Safe Mode’ Following Multi-Million Dollar Wallet Drains

Quick Summary:

The final block was processed 14 hours ago, and the network is now in safe mode, as stated by the Opentensor Foundation.

According to reports, the Bittensor (TAO) blockchain was paused due to the depletion of funds from several wallets.

TAO Network Paused for 14 Hours Due to Massive Wallet Thefts At 9:47 p.m.

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Article Details

Author / Journalist: Jamie Redman

Category: Crypto

Markets: Japan

Topics: Cryptocurrency theft Blockchain Network Security Opentensor Foundation Safe mode TAO Zachxbt AI Blockchain News Bittensor Wallet drains

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-03 @ 15:12:04 (2 days ago)

News Timezone: GMT +8:00

News Source URL: news.bitcoin.com

Language: English

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Bitcoin News

News ID: 21472253

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About Bitcoin News

Main Topics: Crypto

Official Website: news.bitcoin.com

Update Frequency: 9 posts per day

Year Established: 2008

Headquarters: Japan

News Last Updated: 12 hours ago

Coverage Areas: Japan

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #62

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