#AiXBTSecurityBreach

On March 18, 2025, AiXBT, an AI-driven crypto market commentator, suffered a security breach resulting in the loss of 55.5 ETH (approximately $104,000). The attacker accessed AiXBT's autonomous system dashboard, queuing malicious replies that prompted the unauthorized transfer from its Simulacrum wallet, which enables on-chain actions via social media posts. The hacker operated under the now-deleted X account "FungusMan." The developer, "rxbt," confirmed that core systems remained unaffected and emphasized that the exploit did not stem from AI manipulation. In response, AiXBT implemented enhanced security measures, including server migration, key replacements, and reporting the hacker's address to exchanges. Following the breach, the AiXBT token's value declined by approximately 20%, highlighting the need for robust security in AI-driven crypto platforms.