An attacker breached the control panel of the AI-powered cryptocurrency bot AIXBT, executing two unauthorized transactions that withdrew 55.5 ETH (worth $106,200) from the bot's wallet. This incident has raised concerns about the security of AI-powered cryptocurrency trading platforms.
Key details of the hack:
The breach occurred at 1:58 AM on March 18th, UTC.
The hacker accessed the AIXBT control panel and initiated two transfer transactions totaling 55.5 ETH.
According to the maintenance unit "rxbt", the core systems of AIXBT remain unaffected.
Security measures were implemented immediately:
Moving servers and swapping keys
Access to the control panel has been suspended for a security upgrade
The hacker's address has been reported to exchanges
Market impact and concerns about AI cryptocurrency security
The AIXBT token (AIXBT) on the underlying layer 2 network of Ethereum dropped 15.5% to $0.09 following the attack.
Experts warn that AI-supported crypto bots like AIXBT, ai16z, and Truth Terminal need stronger security frameworks to prevent future breaches.
Decentralized AI researcher "S4mmy" emphasized the need to test AI agents managing cryptocurrency to prevent future exploits.
The future of AI in cryptocurrency trading
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