#AiXBTSecurityBreach 🚨 Security Alert: AiXBT Breach Results in 55.5 ETH Theft and 20% Token Drop 🚨
On March 18, 2025, the AI-driven crypto bot AiXBT suffered a significant security breach, leading to the loss of 55.5 ETH (approximately $104,000). The attacker exploited the bot's autonomous system by queuing malicious replies, prompting unauthorized transfers from AiXBT's Simulacrum wallet—a feature enabling on-chain actions via social media posts.
Key Details:
Attack Method: The hacker accessed AiXBT's secure dashboard, queuing two malicious replies that initiated the unauthorized transfer. The perpetrator operated under the now-deleted X account "FungusMan."
Developer's Response: AiXBT's pseudonymous developer, rxbt, confirmed the breach, stating that core systems and development remain unaffected. Immediate actions included server migration, key replacements, and temporarily suspending the dashboard for security upgrades. Additionally, the hacker's address has been reported to exchanges to prevent further incidents.
Market Impact: Following the breach, AiXBT's token experienced a sharp decline, dropping 20% to $0.097. This incident underscores the critical importance of robust security measures in AI-driven financial systems.
Community Reaction:
The crypto community has expressed concerns over the vulnerabilities in AI-operated platforms. This breach serves as a stark reminder of the need for stringent security protocols to protect user assets and maintain trust in autonomous financial systems.
Stay Informed and Secure:
As AI continues to integrate into the crypto space, it's imperative for platforms to implement and regularly update comprehensive security measures. Users are advised to stay informed about platform security practices and report any suspicious activities promptly.
