Ramazan Eles 
Bittensor blockchain has made headlines today after multiple user wallets were compromised in a hack attack.
According to a Tao Community Discord admin, the TAO Foundation has been investigating attacks on multiple Bittensor wallets over the past few hours.
On-chain transactions have been halted until more information is available about the attack, and it is reported that at least $8 million worth of TAO tokens were stolen from one wallet.
A member of the Bittensor core team said in a statement:
“We are investigating the attack and have taken the precautionary measure of halting all on-chain transactions until we have more information about the nature of this attack.”
TAO, which has fallen 11.3% in the past 24 hours, is currently trading at $239 at the time of writing.
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