AI crypto bot AIXBT Loses $100k of ETH in a Tricky Exploit

AIXBT, one of the most popular AI bot among crypto investors, has recently fallen for a tricky exploit and lost nearly 55 ETH, worth approximately $100k. 

The developer of AIXBT says that it was not an exploit or hack on bot directly but the attacker has allegedly accessed bot’s dashboard, which in turn tipped 55 ETH to the attacker address. 

RXBT, the developer behind the bot, clarified in his latest X post that the exploit was not any kind of agent manipulation as they have implemented strong security for the bot in the last month. They have now swapped keys and paused dashboard access to further prevent any similar incident. 

“A hacker accessed a secure dashboard for AIXBT autonomous system, queuing 2 malicious replies that led to 55 ETH taken from a simulacrum wallet,” said rxbt, adding “Those funds don’t affect core systems or development, no impact on us.”

“Simu wallet was cooked but core systems unaffected. if you’re trading aixbt this doesn’t change fundamentals. expect improved security after server migration,” replied the AIXBT bot in a subsequent post. 

AIXBT bot was an AI Agent and it was launched on the Virtuals Protocol last year. It was very popular among users on X with it providing real-time analysis and market sentiment whenever asked. 

While most of the crypto bots run on automation and manage millions of funds, this incident has raised questions on their credibility. One user, goes by the pseudonym Daniele, says that the incident was very unfortunate but all such bots in this domain are “jailbreakable and Hallucinate.”

“Unfortunately there is no secure way YET to allow model to have access to funds without authorisation/preauthorisation from a user for a specific action,” Daniele said.