$AIXBT

AiXBT Hit by $104K Hack—Insider Job or Security Flaw?

AiXBT, a well-known AI-powered crypto market commentator, recently suffered a major security breach, resulting in the loss of 55.50 ETH (~$104,000). The hacker reportedly gained access to AiXBT's autonomous system dashboard, queuing malicious replies that triggered fund transfers from the project's Simulacrum wallet.

📉 Market Impact: AiXBT's Base token price dropped nearly 20% following the breach.

🔒 Damage Control: The team has since ramped up security by:

Reporting the hacker’s wallet to centralized exchanges

Switching access keys

Migrating servers

With no clear signs of brute force entry, speculation is growing—was this an external attack or an inside job?