The developers at the purported decentralized AI project Bittensor have temporarily suspended its blockchain network following a suspected security exploit involving users’ wallets.

Reports of an unusual attack on Bittensor wallets emerged in recent hours — leading to a deliberate network halt by the core developers. Bittensor’s block explorer shows that the last block was confirmed about three hours ago.

On-chain analyst ZachXBT first noted that the announcement stated potential thefts may be linked to leaked private keys. “Bittensor was halted due to additional thefts earlier today potentially as a result of private key leakage,” he explained in a Telegram update.

A Bittensor community Discord administrator, const [т, T], notified that all transactions have been paused to prevent …