bittensor Archives - Top Crypto Game https://topcryptogame.com/tag/bittensor/ The latest crypto news! Sat, 07 Sep 2024 02:30:19 +0000 en-US hourly 1 https://wordpress.org/?v=6.6.2 https://topcryptogame.com/wp-content/uploads/2022/01/cropped-favicon-32x32.png bittensor Archives - Top Crypto Game https://topcryptogame.com/tag/bittensor/ 32 32 Sorry Crypto Holders the AI Altcoins Will… https://topcryptogame.com/sorry-crypto-holders-the-ai-altcoins-will/ https://topcryptogame.com/sorry-crypto-holders-the-ai-altcoins-will/#respond Sat, 07 Sep 2024 02:30:19 +0000 https://topcryptogame.com/sorry-crypto-holders-the-ai-altcoins-will/ Bitcoin falls with US Stocks, Nvidia dumps 10% from US DOJ investigation and Avalanche is launching Avalanche9000 update! Polygon POL update launches today and Samsung is getting into Web3 With Sony! Altcoin Buzz Discord Link: Joined our ByDFI Campaign? Get you free Altcoin Buzz Alpha Subscription. Follow the details below Please sign up on the […]

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]]> https://topcryptogame.com/sorry-crypto-holders-the-ai-altcoins-will/feed/ 0 Grayscale adds Sui and Bittensor trusts to its crypto product suite https://topcryptogame.com/grayscale-adds-sui-and-bittensor-trusts-to-its-crypto-product-suite/ https://topcryptogame.com/grayscale-adds-sui-and-bittensor-trusts-to-its-crypto-product-suite/#respond Wed, 07 Aug 2024 15:54:47 +0000 https://topcryptogame.com/grayscale-adds-sui-and-bittensor-trusts-to-its-crypto-product-suite/ Grayscale has introduced two new crypto investment trusts, focusing on the Sui blockchain and the decentralized AI network Bittensor, according to an Aug. 7 statement. The Grayscale Bittensor Trust will invest in Bittensor’s native TAO token, while the Grayscale Sui Trust will focus exclusively on Sui’s SUI token. Rayhaneh Sharif-Askary, Grayscale’s Head of Product & […]

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Grayscale has introduced two new crypto investment trusts, focusing on the Sui blockchain and the decentralized AI network Bittensor, according to an Aug. 7 statement.

The Grayscale Bittensor Trust will invest in Bittensor’s native TAO token, while the Grayscale Sui Trust will focus exclusively on Sui’s SUI token.

Rayhaneh Sharif-Askary, Grayscale’s Head of Product & Research, commented that the launch of the trusts will provide investors with familiar products that enable access to tokens at the cutting edge of the crypto ecosystem’s continued evolution.

He added:

“We are excited to add Bittensor and Sui to our product suite, and believe Bittensor is at the center of the growth of decentralized AI, while Sui is redefining the smart contract blockchain.”

These new trusts follow Grayscale’s launch of a decentralized AI-focused digital asset trust in July. The fund also provides exposure to Bittensor and other AI projects like Livepeer Filecoin, NEAR, and Render.

Meanwhile, the new trust increases the total number of crypto products the investment firm manages to 20. These include a trust for digital assets like Solana, Litecoin, Chainlink, ZCash, and others.

According to CoinGlass data, the total value of assets under Grayscale’s crypto trust management is more than $7 billion.

Grayscale ETFs

Grayscale recently transitioned its long-standing Grayscale Ethereum Trust (ETHE) to an ETF structure following the US Securities and Exchange Commission’s approval of spot Ethereum ETF products last month.

Since its debut, the product has experienced over $2 billion in outflows, and analysts anticipate a potential slowdown soon.

Similarly, according to Farside data, Grayscale Bitcoin Trust (GBTC), which underwent a similar transition in January, has seen an outflow of more than $20 billion.

Analysts attribute the significant outflows of these products to their high fees. In response, Grayscale introduced two new offerings—the Bitcoin Mini Trust and the Ethereum Mini Trust—designed to reduce costs for investors.

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]]> https://topcryptogame.com/grayscale-adds-sui-and-bittensor-trusts-to-its-crypto-product-suite/feed/ 0 Bittensor suffers $8 million exploit, TAO price tumbles to six-month low https://topcryptogame.com/bittensor-suffers-8-million-exploit-tao-price-tumbles-to-six-month-low/ https://topcryptogame.com/bittensor-suffers-8-million-exploit-tao-price-tumbles-to-six-month-low/#respond Wed, 03 Jul 2024 09:55:22 +0000 https://topcryptogame.com/bittensor-suffers-8-million-exploit-tao-price-tumbles-to-six-month-low/ Decentralized AI network Bittensor paused blockchain transactions after its users’ wallets suffered an exploit that caused the loss of $8 million worth of assets. Earlier today, blockchain investigator ZachXBT told his Telegram Channel members that a Bittensor user was drained of 32,000 TAO, worth $8 million, because of a leaked private key. He wrote: “Bittensor […]

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Decentralized AI network Bittensor paused blockchain transactions after its users’ wallets suffered an exploit that caused the loss of $8 million worth of assets.

Earlier today, blockchain investigator ZachXBT told his Telegram Channel members that a Bittensor user was drained of 32,000 TAO, worth $8 million, because of a leaked private key. He wrote:

“Bittensor was halted due to additional thefts earlier today potentially as a result of private key leakage.”

News of the exploit immediately impacted TAO’s price, which fell by around 15% to a six-month low of $227. However, according to CryptoSlate’s data, it has slightly rebounded to $240 as of press time.

Chain pause

Following the attack, the Bittensor team confirmed the incident and wrote on X that the chain would be in “safe mode” for the next 24 hours due to its investigations into the “attack on a number of Bittensor wallets.” During this period, the network would only be able to produce blocks, and no transactions would be processed.

The project added:

“As we are prioritizing this issue for the rest of this week, we will not be releasing any regular software update for either Bittensor software or for any chain on either mainnet or testnet until we have brought the chain fully back online.”

The blockchain network’s co-founder Ala Shaabana also corroborated this in a separate social media post, stating:

“By way of an update, we have contained the attack and put the chain into safe mode (blocks producing but no transactions are permitted). We’re still mid investigation and are considering all possibilities. Stay tuned.”

Bittensor’s Block Explorer data shows that its last block and transaction were confirmed about ten hours ago.

Notably, Bittensor validators like RoundTable 21 revealed that the incident did not impact them as their delegator’s funds remain safe.

Meanwhile, a crypto enthusiast noted that the blockchain developers’ decision to halt the chain might damage the reputation of the network’s “decentralized” claim. The X user wrote:

“It might be a pro that the chain that can be halted is instances like this, but I think the reputation damage for a ‘decentralized AI’ protocol is more relevant. After all, if devs can switch off the chain, the government can do so too.”

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]]> https://topcryptogame.com/bittensor-suffers-8-million-exploit-tao-price-tumbles-to-six-month-low/feed/ 0 BEST EARLY AI Crypto Altcoins to EXPLODE [DON'T MISS OUT] https://topcryptogame.com/best-early-ai-crypto-altcoins-to-explode-dont-miss-out/ https://topcryptogame.com/best-early-ai-crypto-altcoins-to-explode-dont-miss-out/#respond Sun, 31 Mar 2024 17:15:05 +0000 https://topcryptogame.com/best-early-ai-crypto-altcoins-to-explode-dont-miss-out/ Hustle will show you his favorite AI altcoins and more importantly will show you which ones are the most profitable… Join this stream live if you’re ready for a 50X! 🔥 𝗙𝗨𝗡𝗧𝗜𝗖𝗢 – 𝗡𝗘𝗫𝗧 𝗚𝗘𝗡 𝗪𝗘𝗕𝟯 𝗚𝗔𝗠𝗜𝗡𝗚 𝗣𝗟𝗔𝗧𝗙𝗢𝗥𝗠!! 𝗠𝗔𝗦𝗦𝗜𝗩𝗘 𝗪𝗛𝗜𝗧𝗘𝗟𝗜𝗦𝗧 & 𝗣𝗥𝗜𝗭𝗘 𝗣𝗢𝗢𝗟!! 𝗝𝗢𝗜𝗡 𝗡𝗢𝗪 Elevate Your Gameplay, Earn massive rewards, NFTs and crazy prize pools! This is […]

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Hustle will show you his favorite AI altcoins and more importantly will show you which ones are the most profitable… Join this stream live if you’re ready for a 50X!

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]]> https://topcryptogame.com/best-early-ai-crypto-altcoins-to-explode-dont-miss-out/feed/ 0 UNDERVALUED Crypto AI Gems | Watch Before Its Too Late! https://topcryptogame.com/undervalued-crypto-ai-gems-watch-before-its-too-late/ https://topcryptogame.com/undervalued-crypto-ai-gems-watch-before-its-too-late/#respond Wed, 20 Mar 2024 01:38:47 +0000 https://topcryptogame.com/undervalued-crypto-ai-gems-watch-before-its-too-late/ AI is probably the hottest non-Bitcoin narrative in the industry. Today, we uncover 3 potential not-often-talked-about gems in this growing sector. Joined our ByDFI Campaign? Get you free Altcoin Buzz Alpha Subscription. Follow the details below Please sign up on the $15 membership on Altcoin Buzz Alpha Patreon. Once signed up, pls DM us your […]

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AI is probably the hottest non-Bitcoin narrative in the industry. Today, we uncover 3 potential not-often-talked-about gems in this growing sector.

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⏱ TIMESTAMPS
00:00 Intro
0:56 AI Coin #1
2:14 AI Coin #2
3:35 AI Coin #3

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