#AiXBTSecurityBreach On March 18, 2025, the AI-driven cryptocurrency bot AiXBT experienced a security breach resulting in the loss of 55.5 ETH, approximately $104,000 at that time. The attacker gained unauthorized access to AiXBT's autonomous system dashboard and queued malicious replies, prompting the bot to execute unauthorized transactions from its Simulacrum wallet.

The hacker, operating under the now-deleted X (formerly Twitter) account "FungusMan," exploited the system's feature that allows on-chain actions via social media posts. Despite the breach, AiXBT's core systems were reportedly unaffected. In response, the development team implemented security measures, including migrating servers, swapping access keys, and reporting the hacker's wallet address to exchanges.

Following the incident, AiXBT's token experienced a significant decline, dropping approximately 20% to around $0.097. This event has raised concerns about the security of AI-driven trading platforms and their vulnerability to such exploits.

The breach highlights the importance of robust security measures in AI-powered financial systems to maintain investor confidence and protect assets.