#AiXBTSecurityBreach

๐Ÿšจ BREAKING: AiXBT Hacked โ€“ $104K in ETH Stolen! ๐Ÿšจ

On March 18, 2025, AiXBT, a top AI-driven crypto market analyst, fell victim to a security breach, losing 55.5 ETH (~$104,000)! ๐Ÿ’ฅ

๐Ÿ” How It Happened:

๐Ÿ”น Attack Vector: The hacker infiltrated AiXBTโ€™s autonomous system dashboard, triggering malicious AI responses that drained funds from its Simulacrum walletโ€”a system that executes on-chain actions via social media posts. ๐Ÿคฏ

๐Ÿ”น The Hacker: Operating under the alias โ€œFungusManโ€ (now deleted on X), the attacker exploited vulnerabilities to execute unauthorized transactions. ๐Ÿ‘€

๐Ÿ“‰ Market Impact:

๐Ÿ’” The AiXBT token plummeted 15.5%, dropping to $0.09 after the breach.

This attack raises serious concerns about AI security in crypto. Could this be a wake-up call for the industry? ๐Ÿšจ

๐Ÿ”— Stay tuned for updates! What are your thoughts on AI-driven crypto security? Drop them below! โฌ‡๏ธ