ChainCatcher news, Grayscale announced on platform X that Grayscale Bittensor Trust is now open to qualified investors, who can gain TAO investment opportunities through this trust fund.

ChainCatcher news, according to The Block, Digital Currency Group (DCG) is launching a new subsidiary focused on artificial intelligence, Yuma, to support the development of the open-source Bittensor network. This move represents the fusion of the cryptocurrency and artificial intelligence sectors, providing capital and technical resources for startups and established companies to build projects on Bittensor.Bittensor is a decentralized protocol that supports blockchain-based machine learning networks. DCG first invested in Bittensor in 2021. The company has also invested in several decentralized AI companies, including Tensorplex, Natix, and Flock. DCG founder Barry Silbert will serve as the CEO of Yuma.

ChainCatcher news, according to The Block, despite Nvidia's stock price rising in pre-market trading, the prices of major AI-related cryptocurrencies have still declined in the past 24 hours. Leading AI cryptocurrencies such as Near Protocol, Internet Computer, Artificial Superintelligence Alliance, and Bittensor fell by 8%, 5%, 9%, and 8% respectively.CoinGecko data shows that the market capitalization of AI tokens has dropped to $23.9 billion, a decline of over 6%. The market is closely watching Nvidia's upcoming earnings report, which is expected to be released after the market closes on Wednesday Eastern Time. Analysts say that Nvidia's strong earnings report could drive the market to new highs, while any signs of weakness could trigger a significant pullback.

ChainCatcher message, the OpenTensor Foundation released the latest updates on Bittensor on social media early this morning:Restoring normal operation of Bittensor: OTF will fully open the Bittensor mainnet in less than an hour;No updates needed for the testnet today;Bittensor 7.3.0 will be released today, introducing the following changes:The consensus-based weight feature is now available in the "master" branch;A new btcli command option check_coldkey_swap will allow users to check the remaining time before executing the scheduled coldkey swap on-chain, or to see if it is in arbitration status.

ChainCatcher news, according to the blockchain explorer, the decentralized AI network Bittensor has resumed block production. Bittensor officials stated that normal operations will resume at 5:00 PM Eastern Time on July 12.

ChainCatcher news, the OpenTensor Foundation stated on social media that the team is committed to restoring the normal operation of the Bittensor blockchain as soon as possible. The current top priority is to ensure the security and integrity of the system, ensuring that no additional wallets are compromised and that no more funds are at risk.The official statement indicates that efforts are ongoing to establish a mechanism to ensure the safety of at-risk funds.ChainCatcher previously reported that the decentralized AI network Bittensor officially announced that its community participants experienced a serious security attack on July 2. The Bittensor Foundation has taken emergency actions to halt further fund outflows and is conducting an in-depth investigation into the attack.The attack originated from a malicious program disguised as a legitimate Bittensor package in version 6.12.2 of the PyPi package manager. When users downloaded this package and decrypted their cold wallet keys, the decrypted bytecode was sent to the attacker's remote server, resulting in stolen funds. The main victims were users who downloaded the Bittensor PyPi package and performed transactions, staking, and delegation between May 22 and 29. The Bittensor Foundation has removed the malicious package from PyPi and conducted a comprehensive review of the code, finding no other vulnerabilities at this time.To mitigate losses, the Bittensor Foundation has placed validation nodes behind a firewall and activated security mode on Subtensor. The Bittensor blockchain has suspended all transactions and will only resume normal operations after the vulnerabilities are fixed. The foundation is working with trading platforms to attempt to recover the stolen funds.The Bittensor Foundation stated that it will learn from this incident, improve the package verification process, increase the frequency of external audits, and enhance security standards and monitoring levels. The foundation urges users to transfer their funds to new wallets as soon as possible and to upgrade to the latest version of the Bittensor package.

ChainCatcher message, regarding the wallet attack incident on the Bittensor chain, on-chain detective ZachXBT monitored and discovered that an address starting with 5FbWTr had 32,000 TAO (worth 8 million USD) stolen.ZachXBT stated that the attack incident faced by Bittensor originated from a stolen private key.

ChainCatcher message, the AI project Bittensor community TAO Community Hub tweeted that Bittensor is launching weekly subnet slot expansions. Starting today, the Openτensor Foundation will add 4 slots each week until reaching a new limit of 64 slots, aiming to achieve 1024 subnets this year.

ChainCatcher news, according to RootData, Bittensor (TAO) has risen nearly 20% in the last hour, currently priced at $689.84.According to the RootData page, Bittensor is an open-source protocol that supports a blockchain-based machine learning network. Machine learning models are collaboratively trained and rewarded in TAO based on the value of the information they provide to the collective. TAO also grants external access, allowing users to extract information from the network while adjusting their activities according to their needs. Ultimately, the project's vision is to create a pure market for artificial intelligence, an incentivized stage where consumers and producers of this valuable commodity can interact in a trustless, open, and transparent environment.

ChainCatcher message, Binance will list Bittensor (TAO) at 20:00 Beijing time on April 11, and open the following spot trading pairs: TAO/BTC, TAO/USDT, TAO/FDUSD, TAO/TRY. Currently, the TAO deposit channel is open, and withdrawals are expected to be available at 20:00 on April 12.

ChainCatcher news, the Opentensor Foundation stated on social media that it will announce the Bittensor roadmap next Thursday. In 2024, Bittensor will expand beyond the root network, implement sudo governance, and adopt a PoS mechanism.

ChainCatcher news, the open-source AI research organization Nous Research announced on social media the establishment of a subnet on the decentralized AI network project Bittensor (TAO), aiming to provide a new evaluation system for open-source models.Nous Research stated that traditional benchmarking heavily relies on public datasets, which are easily exploited and often lead to scores that appear high but obscure the true capabilities of the models, misleading developers into meaningless score chasing.It is reported that the Cortex subnet is a dynamic source of fresh synthetic data continuously generated by GPT-4, allowing the use of fresh and unpredictable high-quality data to test models and ensuring a fair and accurate consensus on which model most closely reflects GPT-4's performance. This new system aims to celebrate and reward the creators of truly user-needs-satisfying public open-source models through Bittensor's built-in incentive structure.