Bittensor Identifies Vulnerability Behind $8M Exploit

Bittensor, a decentralized AI network, has identified the issue behind an $8 million security exploit involving certain network wallets. In a post-mortem analysis, the Opentensor Foundation revealed that the attack was caused by a malicious package in the PyPi Package Manager. This package compromised user security by stealing unencrypted coldkey details. The incident led to a temporary halt of the network and prompted discussions about enhancing security measures and potentially burning 10% of the token supply to stabilize prices.Read more on The Block