{"id":125352,"date":"2025-03-19T02:18:55","date_gmt":"2025-03-19T02:18:55","guid":{"rendered":"http:\/\/cryptospotters.net\/?p=125352"},"modified":"2025-03-19T02:18:55","modified_gmt":"2025-03-19T02:18:55","slug":"hacker-breaks-into-ai-crypto-bot-aixbts-dashboard-to-snatch-55-eth","status":"publish","type":"post","link":"http:\/\/cryptospotters.net\/?p=125352","title":{"rendered":"Hacker breaks into AI crypto bot aixbt\u2019s dashboard to snatch 55 ETH"},"content":{"rendered":"<p>Source: Cointelegraph.com NewsAn attacker has breached the dashboard of an artificial intelligence crypto bot and made two prompts for it to transfer 55.5 Ether, worth $106,200, from its wallet, sparking concerns about the security of AI agents in crypto.<br \/>\nIn a March 18 X post, \u201crxbt\u201d \u2014 the maintainer of the bot called \u201caixbt,\u201d which commentates on the market \u2014 said its core systems weren\u2019t impacted, and the breach wasn\u2019t the result of manipulating the AI.<br \/>\n\u201cWe\u2019ve migrated servers, swapped keys, paused dashboard access for security upgrades, and reported hacker addresses to exchanges,\u201d rxbt added.<br \/>\nSource: rxbtCoinGecko data shows that the aixbt (AIXBT) token on the Ethereum layer 2 Base has fallen 15.5% to 9 cents since the hack, which happened on March 18 at 1:58 am UTC.<br \/>\nObservers initially thought someone had manipulated the bot, after the AI agent platform Simulacrum AI posted to X that it sent a 55.5 Ether (ETH) tip to the attacker, X user \u201c0xhungusman,\u201d whose account has since been suspended.<br \/>\nSource: Simulacrum AIAI-powered bots that commentate on and trade in the crypto market, such as aixbt, ai16z and Truth Terminal, continue to be experimented with in crypto as traders look to leverage AI in their trading strategies.<br \/>\nSpencer Farrar, a partner at the AI and crypto-focused venture capital firm Theory Ventures, told Cointelegraph that these AI applications are \u201ca bit frothy\u201d at the moment, but more utility could come down the line.<br \/>\nFarrar expects to see further experimentation with crypto AI tokens, as they allow retail investors to speculate on smaller market cap ideas that largely aren\u2019t as accessible in the stock market.<br \/>\n\u201cThings tend to start off like this in the open-source world; you see a ton of tinkering, and then perhaps we\u2019ll see something really big come of it.\u201d<br \/>\nRelated: Not every AI agent needs its own cryptocurrency: CZ<br \/>\nDecentralized AI researcher \u201cS4mmy\u201d said on X that AI agents managing crypto funds must be battle-tested further to ensure threat actors can\u2019t easily compromise AI bots and steal funds.<br \/>\n\u201cExcited to see how these solutions evolve over the next 12 months as large DeFi protocols integrate existing solutions or develop their own,\u201d they added.<br \/>\nSource: rxbtThe market capitalization of tokens tied to AI agents currently sits at $4.2 billion, CoinGecko data shows.<br \/>\nMagazine: Train AI agents to make better predictions\u2026 for token rewards<a href=\"https:\/\/cointelegraph.com\/news\/hacker-breaches-ai-crypto-bot-aixbt-steals-55-eth?utm_source=rss_feed&amp;utm_medium=rss&amp;utm_campaign=rss_partner_inbound\" target=\"_blank\" class=\"feedzy-rss-link-icon\" rel=\"noopener\">Read More<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>Source: Cointelegraph.com NewsAn attacker has breached the dashboard of an artificial intelligence crypto bot and made two prompts for it to transfer 55.5 Ether, worth $106,200, from its wallet, sparking&hellip; <\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[5],"tags":[],"_links":{"self":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/125352"}],"collection":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=125352"}],"version-history":[{"count":0,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/125352\/revisions"}],"wp:attachment":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=125352"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=125352"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=125352"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}