OpenTensor Foundation Clarifies Details of Recent BitTensor Theft

IconCryptoNewsTerminal Staff03 Jul, 2024

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OpenTensor Foundation Clarifies Details of Recent BitTensor Theft

The OpenTensor Foundation (OTF) has provided an update on the recent $8 million theft of BitTensor (TAO), revealing that the attack occurred when users installed a malicious BitTensor package. The OTF has removed the malicious package and stated that "no other vulnerabilities have been identified at this time." The OTF's statement emphasizes the importance of users being cautious when downloading and installing software, especially from untrusted sources. They also recommend using reputable antivirus and anti-malware software to protect against malicious attacks. As the investigation continues, the OTF assures users that they are committed to maintaining the security and integrity of the BitTensor platform. They will continue to provide updates as more information becomes available.

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