#AiXBTSecurityBreach On March 18, 2025, AiXBT, a prominent AI-driven crypto market commentator, experienced a security breach resulting in the loss of 55.5 ETH (approximately $104,000). The attacker accessed AiXBT's autonomous system dashboard and queued malicious replies, prompting the AI agent to transfer funds from its Simulacrum wallet, which facilitates on-chain actions via social media posts.

The breach led to a significant market reaction, with the AiXBT token's value dropping by 20% to $0.097, marking a sharp decline from its all-time high of $0.94 in January.

In response, AiXBT's developer, known as "rxbt," implemented several security measures, including server migration, key replacements, and temporarily suspending the dashboard for security upgrades. The hacker's address has been reported to exchanges to prevent further incidents.

This incident underscores the vulnerabilities in AI-driven systems within the cryptocurrency space, highlighting the need for robust security protocols to protect user assets and maintain trust in the ecosystem.