SN3's owner key was compromised. 101,141 alpha moved to a fresh wallet and sold within minutes for about 2,068 TAO.
About SN128 ByteLeap
byteleap.ai@byteleap_aiSN3's owner key was compromised. 101,141 alpha moved to a fresh wallet and sold within minutes for about 2,068 TAO. The key was Const's. So far, loose key management looks like the likelier cause: a hot key used across several tools. Social engineering can't be ruled out either.
SN128 ByteLeap at a glance
SN128, ByteLeap (α token න), is one of the independent markets on the Bittensor network, each with its own α token and its own price. Its α currently trades at 0.003069 τ (≈ $0.66), against 4,247 τ of pool liquidity. On-chain, the best-delegated validator on it yields about 294.77% APR (simple) and 1,805.05% APY (compounded), emissions add 0.000079 τ to the pool each block, epochs run every 360 blocks. It was registered at block #5,856,038.
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More from SN128 ByteLeap
Taosis indexes announcements, articles, posts and releases about Bittensor subnets from their own channels and keeps a record of each. The text above is the source’s; the figures are read from the chain by Taosis.