On March 18, 2025, the AI-driven crypto bot AiXBT experienced a significant security breach, resulting in the loss of 55.5 ETH (approximately $104,000). The attacker accessed AiXBT's autonomous system dashboard, queuing malicious replies that prompted unauthorized transfers from its Simulacrum wallet.
CRYPTO.NEWS
This incident led to a 20% decline in the AiXBT token's value, highlighting vulnerabilities in AI-managed financial systems.
AINVEST
In response, AiXBT's developer, known as rxbt, implemented enhanced security measures, including server migration, key replacements, and temporarily suspending dashboard access for upgrades.
BINANCE
The hacker's addresses have been reported to exchanges to prevent further misuse of the stolen funds. This breach underscores the critical need for robust security protocols in AI-powered crypto platforms to safeguard assets and maintain user trust.