AiXBT Hacked! $100K Ethereum Stolen – Is Your Crypto Safe?
AiXBT Security Breach: AI Crypto Trading System Hacked, $100,000 in Ethereum Stolen
On March 18, 2025, the AI-powered crypto trading platform AiXBT suffered a major security breach, resulting in the theft of 55.5 Ethereum (around $104,000). Following the attack, AiXBT's token price dropped by 6%, raising concerns about the security of AI-based trading platforms. (Source)
How the Attack Happened
Hacker Strategy: The attacker, identified as "FungusMan," exploited AiXBT’s secure dashboard and manipulated the AI into approving two fake transactions, resulting in the loss of 55.5 ETH.
Impact on Investors: Although AiXBT’s core trading system remained safe, investor confidence was shaken, causing a significant drop in AiXBT token value.
AiXBT’s Response
After detecting the breach, AiXBT took immediate action:
✔ Blocked the compromised access
✔ Reported the hacker’s wallet address
✔ Initiated a server migration to prevent future attacks
Key Takeaways for Investors
This incident highlights the risks of AI-driven trading systems and the importance of robust security measures. Investors should thoroughly research platform security before trusting AI-based financial services.
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