Bittensor (TAO) Crashes 20% Following Covenant AI’s Exit, ‘Decentralization Theater’ Claims
The cryptocurrency landscape has been shaken by a significant departure from Bittensor, a decentralized AI network, as Covenant AI has announced its exit, citing serious concerns over the network’s governance and decentralization practices. This move has sent Bittensor’s native token, TAO, plummeting by approximately 20%, illustrating the volatility that often accompanies major announcements in the … Read more