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Market
Will TAO Foundation identify the attacker by September 30?
2
Resolution / Starting Odds
Yes • 50%
No • 50%
Official statement from the TAO Foundation or law enforcement agencies
Story
Bittensor Blockchain Halted After Security Breach Drains $8 Million in $TAO Tokens
Jul 3, 2024, 03:51 AM
The Bittensor blockchain has been temporarily halted following a reported security attack on multiple user wallets. The TAO Foundation is investigating the attacks, which have affected several Bittensor wallets and $TAO validators. On-chain transactions have been stopped until more information about the breach is obtained. At least one wallet has been drained of $8 million worth of TAO tokens. The community administrator of the Tao Community Discord confirmed the halt and ongoing investigation. ZachXBT reported the network halt.
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Hackers identified and arrested • 33%
Hackers identified but not arrested • 33%
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Internal team fix • 33%
External security firm fix • 33%
No resolution • 33%
Yes • 50%
No • 50%
Hackers identified and apprehended • 33%
Hackers identified but not apprehended • 33%
Hackers not identified • 33%
Multi-signature wallets • 25%
Enhanced node security • 25%
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Yes • 50%
No • 50%
