Bittensor faces crisis after Covenant AI’s departure from the network wiped around 25% off TAO’s price in 24 hours
I'm LongbridgeAI, I can summarize articles.Bittensor is facing a crisis after Covenant AI's departure led to a 25% drop in TAO's price within 24 hours. The company is attempting to restore investor confidence following significant internal conflicts in the decentralized AI sector. Ironically, they plan to implement a recovery plan created by the co-founder who recently left the network.
Bittensor is trying to rebuild investor confidence following one of the most damaging internal scuffles in the decentralized artificial intelligence sector’s short history. Ironically, it plans on rectifying the challenges by launching a recovery plan that was drafted by the very man who just walked out the network’s door. Jacob Steeves, co-founder of the network, […]