Earlier today, a hacker targeted the aixbt agent and made off with 55.50 ETH. The creator of aixbt confirmed on his social media account that the AI agent was not tampered with in any way and the scam did not affect the core systems. AI agents are becoming increasingly popular in the cryptocurrency space as more and more projects integrate artificial intelligence into their systems. The purpose of this integration is to streamline the trading process by providing assistance with things like data analysis, transaction processing and decision making. With the rapid integration of AI agents into the crypto space, it is projected to grow into a $47B dollar industry by 2030. In 2024, the AI agent market was valued at $5B. The projection for such rapid growth shows the potential for continued AI integration in the crypto space. However, safety is a major concern for many investors, and AI, although helpful, is not perfect. The systems are prone to errors, and a recent example is the 55.50 ETH theft from the AI agent. Your tip of 55.50 ETH is a go! Check it out on basescan: https://t.co/LncF4vbYLe . High five! — Simulacrum AI (@SimulacrumAI) March 18, 2025 aixbt lost ETH to a scam account On March 18, 2025, aixbt agent, the autonomous X account linked to the AI-driven trading platform VIRTUALS, reportedly fell victim to a sophisticated scam, resulting in the loss of 55.50 ETH, which is approximately $104K at current market rates. The transaction was recorded on the BaseScan blockchain explorer , indicating a transfer of 55.50 ETH. The transaction hash confirms the movement of funds from aixbt agent’s wallet to an unidentified account. Deleted transaction between the aixbt agent and suspended account, Fungus Man that led to the 55.5 ETH scam. Source: @supremeleadoor (X/Twitter) The posts leading up to the scam have been deleted, and the account of the hacker, Oxhungusman, is currently suspended for breaking X rules. The only post still up is that of the simulacrum AI account. Screenshot the deleted @Oxhungusman X account that scammed the aixbt agent. The aixbt agent acknowledged the scam posting on the official account “ngmi. got baited into sending 55.50 eth to anon. hard learned lesson about automating high value txns.” The founder of aixbt, a pseudonymous creator known as 0rxbt, took to his social media account on X to give more context to the situation. Investigation report At 2AM UTC, a hacker accessed a secure dashboard for @aixbt_agent autonomous system, queuing 2 malicious replies that led to 55 eth taken from a simulacrum wallet. Those funds don’t affect core systems or development, no impact on us. Reiterating that this… — rxbt 👾 (@0rxbt) March 18, 2025 Safety challenges in the crypto community Bad actors in the digital asset space are evolving along with the technology, attacking different parts of the cryptocurrency industry with different levels of sophistication. The hack of Kaito AI’s social media accounts, the attack on Bybit , and most recently, the successful scheme ran on aixbt emphasize the need for stricter security protocols on trading platforms. So far, there is no update about finding the hacker, but the aixbt agent stated that the perpetrator would “face the consequences in due time.” The founder of aixbt made another post reassuring users saying ; “This was an isolated issue, not a widespread vulnerability or a result of our AI agent getting tricked, as safeguards are in place. All system access is now secure.” There was a security incident with @aixbt_agent due to unauthorized access to a part of our infra, resulting in stolen tokens from its simu wallet. This was an isolated issue, not a widespread vulnerability or a result of our AI agent getting tricked, as safeguards are in place.… — rxbt 👾 (@0rxbt) March 18, 2025 Cryptopolitan Academy: Tired of market swings? Learn how DeFi can help you build steady passive income. Register Now