The latest news affirming Bittensor's presence among top cryptocurrency purchase options is causing an industry buzz. The internet-based computer token Aave is gaining attention along with Bittensor. Some predictions look towards a good investment return from TAO for the years 2024–2030. With a series of resources guiding on how to buy and bringing hundreds of developers, Bittensor's blockchain project is venturing to new heights.
Sadly, Bittensor's TAO witnessed a 15% slide after an $8M Wallet Drain Attack, leading to a halt of the network. The company proposed to stabilize TAO by burning 10% of the supply after the exploit. Despite this, the AI's network token saw a drop of 15% due to a possible hack leading to a chain halt. In response, Bittensor halted operations after the breach resulting in a 17% drop in token value. Further developments include Grayscale's introduction of Crypto Funds for the AI project.
Bittensor's network vulnerability led to the $8M exploit as found in a post-mortem. The company suspended transactions while it investigates new attacks. Investors' confidence is shaken yet rising. Bittensor confirmed halting the network after $8 million vanished due to a security breach.
In the midst of all this, prominent AI Coins like Bittensor and Worldcoin are dominating as top crypto gainers. TAO price has started rising from a strong demand zone. The sale of Bittensor bounced 40%, anticipating TAO breaking past 77-day resistance. Lastly, Grayscale Introduces Bittensor and Sui Trust Products.
Bittensor News Analytics from Mon, 27 Nov 2023 19:57:25 GMT to Wed, 11 Sep 2024 17:04:56 GMT - Rating -3 - Innovation -4 - Information 6 - Rumor -7