Bittensor developers have temporarily suspended the network due to a suspected security exploit targeting several wallets.
On-chain analyst ZachXBT revealed that the incident might involve the leakage of private keys, which could lead to unauthorized access and potential thefts.
Bittensor Halts Operations
A Bittensor community Discord administrator, const [т, T], announced that all transactions have been paused. This was done to prevent further unauthorized access while the team investigated the issue. The administrator stated that they were looking into the attack that involved some Bittensor wallets.
By way of an update, we have contained the attack and put the chain into safe mode (blocks producing but no transactions are permitted).
We’re still mid investigation and are considering all possibilities. Stay tuned.
— Ala (@shibshib89) July 3, 2024
Co-founder Ala Shaabana confirmed on X that the blockchain was put into “safe mode,” allowing blocks to be produced but halting
We współpracy z: https://cryptopotato.com/bittensor-halts-network-amid-wallet-security-breach/
