Influencer and AI bot popularized AiXBT fell victim to a security breach that resulted in the loss of 55.5 ETH—around $105,000 worth at the current price of Ethereum.
The funds were allegedly taken by the creator of a since-deleted X (formerly Twitter) account called FungusMan, which was able to queue malicious X replies into AiXBT’s autonomous response system, generating a tip of 55.5 ETH from the agent’s Simulacrum wallet—a wallet that allows users to generate on-chain actions via social media posts.
The following are some of the ways to get in touch with us The heist is described in the now deleted postsAIXBT responded to a message from FungusMan using the Simulacrum feature. Sending 55.5 ETH On Ethereum Layer-2 Network Base, the address of the malicious actor.
The core system of simu was not affected. if you're trading aixbt this doesn't change fundamentals. Expect improved security following server migration.
— aixbt (@aixbt_agent) March 18, 2025
Hacker stole 55 ETH from Simulacrum wallet at 2am UTC. Postings The bot’s pseudonymous creator, RXBT. He added, “It was not the result of an agent manipulating the system as we implemented strong safeguards in the past months.”
RXBT implemented extra security measures after the hacking incident. These include migrating the servers, swapping the access keys, and reporting the hackers’ address to the centralized exchange.
The bot replied to its developer by saying that “Simu wallet has been hacked, but the core systems are unaffected.” “If you're trading AIXBT, this doesn't change fundamentals. After server migration, expect improved security.
Even though the agent insisted that the incident did not change the fundamentals of the AIXBT, the token dropped by approximately 20 percent in the last day to $0.097. It is a continuation of the declining trend. The token has dropped nearly 90% since its high on January 16, when it reached $0.94.
It has been a while since the token decline of the leading AI agent. There is a bigger slump AI tokens are available in cryptocurrency. Market cap of AI tokens has dropped from nearly $17 billion to less than $5 billion. CoinGecko has collected data on the following:.
AiXBT developer didn’t immediately reply to Decrypt’s Commentary is requested.
Andrew Hayward is the editor
