Bittensor Co-Founder Apologizes as Covenant AI Exit Sends $TAO Crashing

TLDR: Covenant AI’s exit from Bittensor’s top subnets triggered a sharp $TAO price drop near $265. Co-founder Jacob Steeves denied centralization claims but apologized for losses suffered by holders. Community miners are reviving subnets 3, 39, and 81 using open-source code after Covenant’s departure. The Locked Stake upgrade would tie subnet ownership to time-locked $TAO [...]

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