⚠️ Hack on Bittensor and its $TAO token

Bittensor wallets got hacked and $8 million worth of $TAO got drained.

All $TAO transactions on Bittensor have been halted.

The price dropped 15% following this news.

Validators have confirmed that their systems remain secure and the Bittensor team is actively working to resolve the issue.

TAO is one of my largest positions; it's never pleasant to be affected by such events, but it reminds us that nothing is ever guaranteed in investing! For now, I'm not taking any action!

@crypto_smooth (https://t.me/crypto_smooth_canal)