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An attacker has compromised the dashboard of an AI-powered crypto bot and prompted it to transportation $106,200 worthy of Ether retired of its wallet.
An attacker has breached the dashboard of an artificial quality crypto bot and made 2 prompts for it to transportation 55.5 Ether, worthy $106,200, from its wallet, sparking concerns astir the information of AI agents successful crypto.
In a March 18 X post, “rxbt” — the maintainer of the bot called “aixbt,” which commentates connected the marketplace — said its halfway systems weren’t impacted, and the breach wasn’t the effect of manipulating the AI.
“We’ve migrated servers, swapped keys, paused dashboard entree for information upgrades, and reported hacker addresses to exchanges,” rxbt added.
Source: rxbt
CoinGecko information shows that the aixbt (AIXBT) token connected the Ethereum furniture 2 Base has fallen 15.5% to 9 cents since the hack, which happened connected March 18 astatine 1:58 americium UTC.
Observers initially thought idiosyncratic had manipulated the bot, aft the AI cause level Simulacrum AI posted to X that it sent a 55.5 Ether (ETH) extremity to the attacker, X idiosyncratic “0xhungusman,” whose relationship has since been suspended.
Source: Simulacrum AI
AI-powered bots that commentate connected and commercialized successful the crypto market, specified arsenic aixbt, ai16z and Truth Terminal, proceed to beryllium experimented with successful crypto arsenic traders look to leverage AI successful their trading strategies.
Spencer Farrar, a spouse astatine the AI and crypto-focused venture superior firm Theory Ventures, told Cointelegraph that these AI applications are “a spot frothy” astatine the moment, but much inferior could travel down the line.
Farrar expects to spot further experimentation with crypto AI tokens, arsenic they let retail investors to speculate connected smaller marketplace headdress ideas that mostly aren’t arsenic accessible successful the banal market.
“Things thin to commencement disconnected similar this successful the open-source world; you spot a ton of tinkering, and past possibly we’ll spot thing truly large travel of it.”
Related: Not each AI cause needs its ain cryptocurrency: CZ
Decentralized AI researcher “S4mmy” said connected X that AI agents managing crypto funds indispensable beryllium battle-tested further to guarantee menace actors can’t easy compromise AI bots and bargain funds.
“Excited to spot however these solutions germinate implicit the adjacent 12 months arsenic ample DeFi protocols integrate existing solutions oregon make their own,” they added.
Source: rxbt
The marketplace capitalization of tokens tied to AI agents presently sits astatine $4.2 billion, CoinGecko information shows.
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