A hacker has breached the AI-powered crypto trading bot AiXBT, making off with 55 ETH in yet another attack targeting automated trading platforms. The exploit raises concerns over the security of AI-driven crypto bots, which have become increasingly popular among traders seeking algorithmic trading advantages.
Details of the breach indicate that the attacker exploited a vulnerability in AiXBT’s smart contract, allowing them to drain funds from the platform. While the exact method of the attack is still under investigation, security experts warn that AI-based crypto tools remain prime targets for hackers due to their reliance on automated transactions and potentially untested code.
The AiXBT team has acknowledged the breach and is working on security measures to prevent future attacks. Users are being advised to remain cautious when using automated trading systems, as similar exploits have led to significant losses in the past.
This incident highlights the ongoing risks in the DeFi and AI-integrated crypto sectors, emphasizing the need for stronger security protocols and rigorous audits to protect user funds from malicious actors.