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As an aftermath of the attack, TAO dropped by 15%, reflecting that holders have entered a panic mode.

Blockchain startup Bittensor has temporarily halted its network due to a private key leak, causing the network's token to drop by 16%.

Approximately $8M worth of TAO, about 32,000 native Bittensor tokens, was stolen, causing a 17% decline in the token's value.

The Bittensor blockchain team detected an attack on several user wallets, temporarily halting the system. Unfortunately, one wallet was drained of $8 million worth of the project's TAO tokens.

Decentralized AI project TAO of Bittensor ceased the operation of its blockchain network after a breach affected several users' wallets. Following this, on-chain analyst ZachXBT was reporting thefts likely to have occurred due to leaked private keys.

The blockchain was paused early Wednesday to contain the exploit, with security researchers suspecting a private key leakage.

Bittensor developers have temporarily suspended its blockchain network following a suspected security exploit involving users' wallets.

The incident underscores the vulnerability of decentralized AI networks to security breaches, potentially undermining trust and stability in such systems. The post AI network Bittensor token drops 15% as possible hack leads to chain halt appeared first on Crypto Briefing.

TAO, the altcoin that powers Bittensor's decentralized machine learning network, has witnessed a 29% price decline in the last month.

These three cryptos have massive upside potential for a multi-bagger recovery once the broader crypto market rebounds.

The cryptocurrency market is shaking traders as prices continue to trend lower. In response to new market dynamics, Celestia (TIA) and Bittensor (TAO) investors are rebalancing their portfolios by investing in WW3 Shiba (WW3S), the world's first SocialFi meme coin with a blockchain gaming twist.

Spikes in crypto-related Google search queries have historically occurred at major market tops, validating legendary investor Warren Buffet's mantra of buying in doom and selling in boom.

Apples annual developer event led to a sharp decline in AI-linked cryptocurrencies, highlighting the intricate relationship between traditional technology and the crypto market. Apples ChatGPT Integration Sparks Decline in AI-Linked Cryptos, Highlighting Tech-Crypto Interplay Apples annual developer event on June 10, 2024, took a significant and unexpected turn for the crypto world.

An assessment of NEAR, RNDR, and TAO's price movements suggested that these assets may soon shed their most recent gains.

A widely followed crypto analyst believes one top-10 altcoin by market capitalization could soon hit new all-time highs (ATHs). Pseudonymous crypto trader Altcoin Sherpa tells his 216,700 followers on the social media platform X that BNB, the native token of the BNB Chain, continues to have a strong market structure.

The world of artificial intelligence (AI) is rapidly evolving, and the integration of blockchain technology is fueling a new wave of innovation known as AI tokens.

Amid the renewed bull cycle, the crypto market is full of potential, as modest investments might bring substantial returns. Bitcoin has been leading this revival, exceeding its 2021 peak, making it possible for further growth.

This article explores top AI crypto projects - Algotech, Bittensor, and Injective - poised for 10x growth. Discover how their strong infrastructure empowers their AI functionalities and revolutionizes trading, DeFi derivatives, and developer tools.

Despite the crypto market experiencing a significant correction, and Bitcoin price dropping below $70K. The Artificial Intelligence (AI) category has successfully regained momentum, resulting in top tokens recording significant price action over the past few days.

FET, RNDR, TAO and AGIX gained even as the broader market benchmark CoinDesk 20 Index saw a slight decline during the day.

After last week's bloodbath, cryptocurrency prices began climbing northwards again, this time on the backs of projects linked to artificial intelligence (AI).

Bitcoin (CRYPTO: BTC) moved lower, with the cryptocurrency prices falling below the key $62,000 level on Wednesday. Ethereum (CRYPTO: ETH) also recorded losses, but remained above the key $3,000 mark this morning.

A popular crypto trader says he's long-term bullish on an artificial intelligence (AI)-related altcoin even though its chart is flashing some potential warning signs. The pseudonymous crypto analyst known as Altcoin Sherpa tells his 215,900 followers on the social media platform X that Render (RNDR) is his top AI pick for this market cycle.

Bitcoin (CRYPTO: BTC) moved lower, with the cryptocurrency prices falling below the key $64,000 level on Monday. Ethereum (CRYPTO: ETH) also recorded losses, trading below the key $3,100 mark this morning.