💵📌📢On March 18, 2025, #AIXBT , an AI-driven cryptocurrency market commentator, experienced a security breach resulting in the loss of approximately 55.50 ETH (around $104,000). The attacker accessed AiXBT's secure dashboard, manipulating the AI's Simulacrum wallet to execute unauthorized transactions. 💎🪙
The breach occurred at 2 AM UTC when the hacker exploited the system by queuing malicious responses via AiXBT’s Simulacrum wallet. While the platform’s core infrastructure remains intact, this incident has raised concerns about vulnerabilities in AI-powered financial platforms. ⚖️🌐
In response, AiXBT's team promptly blocked the compromised access, reported the hacker's wallet address to exchanges, and initiated a server migration to prevent further intrusions. Despite these measures, the incident led to a 6% decline in AiXBT's Base token, reflecting diminished investor confidence. 📉📊
This event underscores the importance of robust security protocols in AI-driven financial systems to safeguard against potential exploits.
