AIXBT, one of the most popular AI bots in the crypto space, has recently suffered a significant loss of nearly 55 ETH, worth approximately $100,000, following a sophisticated exploit.
The developer behind AIXBT clarified that the incident wasn’t a direct hack or exploit of the bot itself. Instead, the attacker reportedly gained access to the bot’s secure dashboard, which allowed them to redirect 55 ETH to the attacker’s address.
RXBT, the developer of the bot, took to social media to explain that the exploit was not the result of any manipulation by an agent, as strong security measures had been implemented just last month. In response to the breach, the team has swapped keys and temporarily paused dashboard access to prevent further incidents.
In a recent update on X, RXBT detailed the exploit: “A hacker accessed a secure dashboard for AIXBT’s autonomous system, queuing two malicious replies that resulted in 55 ETH being transferred from a simulacrum wallet.” However, the developer reassured users that the breach did not affect the bot’s core systems or development.
“The simu wallet was compromised, but core systems remained unaffected. If you’re trading with AIXBT, the fundamentals remain unchanged. Expect improved security after the upcoming server migration,” the AIXBT bot further noted.
AIXBT, an AI agent launched on the Virtuals Protocol last year, has gained considerable popularity on platforms like X, where it offers real-time market analysis and sentiment insights. While many crypto bots operate autonomously and manage large sums of funds, this incident has raised concerns regarding their security and reliability.
One user, identified as Daniele, expressed their concerns about the incident, stating that it highlights the vulnerabilities of such bots, which they described as “jailbreakable and prone to hallucination.” They further noted, “Unfortunately, there is no secure way yet to allow models to access funds without explicit user authorization for specific actions.”
Related topics:
Fact Check: No, Binance Rating on Google Play Has Not Dropped to 1.5 Stars
XRP Faces Potential Drop to $0.50 Amid Bearish Head & Shoulders Pattern
Will XRP Fall to $0.50? Analyst Predicts Head & Shoulders Pattern Signals Drop