The alleged loss of $100,000 in Ethereum by AIXBT has not been officially confirmed by the company. The incident reportedly occurred due to an unauthorized dashboard access, which has not been detailed further.

In previous communications, AIXBT announced a partnership with Virtuals Protocol for safe trading strategy testing. There is no mention or acknowledgment of the hack on their official Twitter account or other public platforms.

Ethereum (ETH) is currently trading at $3,745.23. Without specifics on the timing of the alleged hack, no significant price fluctuations have been linked to this incident, according to available market data.

Vitalik Buterin emphasized the importance of security and transparency as AI integrates with crypto systems. The crypto community remains attentive to potential financial and security implications of such breaches.

Earlier this year, Bybit experienced a large-scale Ethereum hack, resulting in a 5% price dip. Such incidents reflect the vulnerabilities AI-based crypto systems currently face.

Experts suggest that AI adoption in crypto introduces both new opportunities and risks. Historical patterns highlight the need for enhanced security measures to mitigate future incidents and protect digital assets.

Vitalik Buterin, Co-founder, Ethereum: “The increasing integration of AI in crypto trading and management systems presents both opportunities and risks. We need to prioritize security and transparency as these technologies evolve.”