They Convicted Artificial Intelligence, Stole 55.5 Ethereum! - Coin Bulletin

Koinbulteni · 2025-03-19T02:43:57+00:00

A security breach in an AI-based crypto bot's control panel led to an unauthorized transfer of 55.5 Ethereum, highlighting the need for tighter security measures in AI-powered crypto fund management. Expert opinions foresee more experimentation and development in these technologies.

Koinbulteni

2025-03-19 02:43:57

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A security breach in the control panel of an AI-based crypto bot led to an unauthorized transfer of 55.5 Ethereum (ETH), which is worth 106,200 dollars

0rxbt stated that the attack was a “dashboard access hack” and that this situation did not affect AIXBT’s other “main systems”. The attacker convinced AIXBT to send ETH using two “malicious responses”. Initially, it was thought that the attack occurred as a result of bot manipulation, but according to Simulacrum AI’s post on X, it was revealed that 55.5 Ether was sent to the attacker’s account and that this account was later suspended.

This event highlights the security vulnerabilities of AI-based bots that are increasingly used in crypto trading, such as aixbt, ai16z, and Truth Terminal. With the evolution of AI technologies, experts believe that these bots will be subjected to more trials and developments.

Spencer Farrar from Theory Ventures emphasized that artificial intelligence crypto bots currently appear to be a “bubble”, but they have the potential to provide more benefits in the future. Investors and developers state that they will conduct more experiments with these new technologies.

Decentralized finance (DeFi) researcher S4mmy stated that artificial intelligence-based crypto fund managers need to be tested more and that tighter security measures should be taken to protect against future attacks.

After the attack, according to CoinGecko data, the value of the aixbt (AIXBT) token on Ethereum Layer 2 Base decreased by 15.5%, dropping to $0.09.

ETH1,67%

AIXBT6,64%

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