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In a recent scandal, the CEO of an NFT Bitcoin project is accused of embezzling millions, as alleged by his partners. This shocking revelation has sent shockwaves through the crypto community. The partners claim that the CEO unlawfully appropriated funds from the project, leaving them empty-handed. This betrayal has prompted legal action against the CEO, [...]
After a recent security breach, the Discord channel for Ledger remains secure. The breach, which occurred on December 20, allowed an outsider to gain access to a marketing database containing email addresses of around 272,000 Ledger customers. Despite this breach, the Discord channel, which serves as a communication platform for Ledger users, has not been [...]
The decentralized finance (DeFi) landscape is rapidly evolving, and Bitcoin is emerging as a key player in its future. While Ethereum has traditionally been the go-to platform for DeFi projects, Bitcoin’s prominence is on the rise as developers explore new ways to integrate it into the DeFi ecosystem. Bitcoin’s entrance into DeFi brings a new [...]
The post The Future of DeFi: Bitcoin Stealing Ethereum’s Thunder appeared first on Crypto Breaking News.
StealthEX is glad to share an awesome piece of news with all customers: you can now choose any cryptocurrency from a vast collection that has reached 1500 different crypto assets.
The post Get Ready for the Cryptoverse: StealthEX Unleashes Exchange Access to 1500 Cryptocurrencies! first appeared on StealthEX.
Explore StealthEX's approach to KYC/AML procedures, ensuring secure, non-custodial crypto swaps without mandatory registration, except in rare, suspicious cases.
The post The KYC/AML Procedure at StealthEX first appeared on StealthEX.
The most recent StealthEX partner, Pago Capital, has developed an efficient mobile application that connects consumers with physical and online merchants.
The post StealthEX Partners with Pago Capital for Seamless Crypto Payments first appeared on StealthEX.
Win a share of 8M $FLOKI in Easter Egg Hunt! Solve the secret word & join the fun. Good luck! ??
The post Join StealthEX Easter Egg Hunt & Win from 8M $FLOKI Prize! first appeared on StealthEX.
Android Malware Crocodilus Can Hijack Phones to Pilfer Cryptocurrency A new Android malware dubbed Crocodilus has been discovered, posing a significant threat to cryptocurrency users. This malicious software can infiltrate Android devices and seize control to carry out illicit activities, including stealing digital assets. Crocodilus operates stealthily on smartphones, gaining access to sensitive information such [...]
The post Uncover the Threat: How Android Malware Crocodilus Hijacks Phones to Steal Cryptocurrency appeared first on Crypto Breaking News.
With the rapid advancements in technology, the use of AI bots to steal cryptocurrency has become a growing concern among digital asset holders. These sophisticated bots can utilize various tactics to infiltrate wallets and exchanges, posing a significant threat to the security of individuals’ crypto holdings. One common method used by AI bots is phishing [...]
The post Can AI robots steal your cryptocurrency? Understanding the threat of digital thieves appeared first on Crypto Breaking News.
What are AI bots?
AI bots are self-learning software that automates and continuously refines crypto cyberattacks, making them more dangerous than traditional hacking methods.
At the heart of today’s AI-driven cybercrime are AI bots — self-learning software programs designed to process vast amounts of data, make independent decisions, and execute complex tasks without human intervention. While these bots have been a game-changer in industries like finance, healthcare and customer service, they have also become a weapon for cybercriminals, particularly in the world of cryptocurrency.
Unlike traditional hacking methods, which require manual effort and technical expertise, AI bots can fully automate attacks, adapt to new cryptocurrency security measures, and even refine their tactics over time. This makes them far more effective than human hackers, who are limited by time, resources and error-prone processes.
Why are AI bots so dangerous?The biggest threat posed by AI-driven cybercrime is scale. A single hacker attempting to breach a crypto exchange or trick users into handing over their private keys can only do so much. AI bots, however, can launch thousands of attacks simultaneously, refining their techniques as they go.
This ability to automate, adapt and attack at scale has led to a surge in AI-driven crypto fraud, making crypto fraud prevention more critical than ever.
In October 2024, the X account of Andy Ayrey, developer of the AI bot Truth Terminal, was compromised by hackers. The attackers used Ayrey’s account to promote a fraudulent memecoin named Infinite Backrooms (IB). The malicious campaign led to a rapid surge in IB’s market capitalization, reaching $25 million. Within 45 minutes, the perpetrators liquidated their holdings, securing over $600,000.
How AI-powered bots can steal cryptocurrency assets
AI-powered bots aren’t just automating crypto scams — they’re becoming smarter, more targeted and increasingly hard to spot.
Here are some of the most dangerous types of AI-driven scams currently being used to steal cryptocurrency assets:
1. AI-powered phishing botsPhishing attacks are nothing new in crypto, but AI has turned them into a far bigger threat. Instead of sloppy emails full of mistakes, today’s AI bots create personalized messages that look exactly like real communications from platforms such as Coinbase or MetaMask. They gather personal information from leaked databases, social media and even blockchain records, making their scams extremely convincing.
For instance, in early 2024, an AI-driven phishing attack targeted Coinbase users by sending emails about fake cryptocurrency security alerts, ultimately tricking users out of nearly $65 million.
Also, after OpenAI launched GPT-4, scammers created a fake OpenAI token airdrop site to exploit the hype. They sent emails and X posts luring users to “claim” a bogus token — the phishing page closely mirrored OpenAI’s real site. Victims who took the bait and connected their wallets had all their crypto assets drained automatically.
Unlike old-school phishing, these AI-enhanced scams are polished and targeted, often free of the typos or clumsy wording that is used to give away a phishing scam. Some even deploy AI chatbots posing as customer support representatives for exchanges or wallets, tricking users into divulging private keys or two-factor authentication (2FA) codes under the guise of “verification.”
In 2022, some malware specifically targeted browser-based wallets like MetaMask: a strain called Mars Stealer could sniff out private keys for over 40 different wallet browser extensions and 2FA apps, draining any funds it found. Such malware often spreads via phishing links, fake software downloads or pirated crypto tools.
Once inside your system, it might monitor your clipboard (to swap in the attacker’s address when you copy-paste a wallet address), log your keystrokes, or export your seed phrase files — all without obvious signs.
2. AI-powered exploit-scanning botsSmart contract vulnerabilities are a hacker’s goldmine, and AI bots are taking advantage faster than ever. These bots continuously scan platforms like Ethereum or BNB Smart Chain, hunting for flaws in newly deployed DeFi projects. As soon as they detect an issue, they exploit it automatically, often within minutes.
Researchers have demonstrated that AI chatbots, such as those powered by GPT-3, can analyze smart contract code to identify exploitable weaknesses. For instance, Stephen Tong, co-founder of Zellic, showcased an AI chatbot detecting a vulnerability in a smart contract’s “withdraw” function, similar to the flaw exploited in the Fei Protocol attack, which resulted in an $80-million loss.
3. AI-enhanced brute-force attacksBrute-force attacks used to take forever, but AI bots have made them dangerously efficient. By analyzing previous password breaches, these bots quickly identify patterns to crack passwords and seed phrases in record time. A 2024 study on desktop cryptocurrency wallets, including Sparrow, Etherwall and Bither, found that weak passwords drastically lower resistance to brute-force attacks, emphasizing that strong, complex passwords are crucial to safeguarding digital assets.
4. Deepfake impersonation botsImagine watching a video of a trusted crypto influencer or CEO asking you to invest — but it’s entirely fake. That’s the reality of deepfake scams powered by AI. These bots create ultra-realistic videos and voice recordings, tricking even savvy crypto holders into transferring funds.
5. Social media botnetsOn platforms like X and Telegram, swarms of AI bots push crypto scams at scale. Botnets such as “Fox8” used ChatGPT to generate hundreds of persuasive posts hyping scam tokens and replying to users in real-time.
In one case, scammers abused the names of Elon Musk and ChatGPT to promote a fake crypto giveaway — complete with a deepfaked video of Musk — duping people into sending funds to scammers.
In 2023, Sophos researchers found crypto romance scammers using ChatGPT to chat with multiple victims at once, making their affectionate messages more convincing and scalable.
Similarly, Meta reported a sharp uptick in malware and phishing links disguised as ChatGPT or AI tools, often tied to crypto fraud schemes. And in the realm of romance scams, AI is boosting so-called pig butchering operations — long-con scams where fraudsters cultivate relationships and then lure victims into fake crypto investments. A striking case occurred in Hong Kong in 2024: Police busted a criminal ring that defrauded men across Asia of $46 million via an AI-assisted romance scam.
Automated trading bot scams and exploits
AI is being invoked in the arena of cryptocurrency trading bots — often as a buzzword to con investors and occasionally as a tool for technical exploits.
A notable example is YieldTrust.ai, which in 2023 marketed an AI bot supposedly yielding 2.2% returns per day — an astronomical, implausible profit. Regulators from several states investigated and found no evidence the “AI bot” even existed; it appeared to be a classic Ponzi, using AI as a tech buzzword to suck in victims. YieldTrust.ai was ultimately shut down by authorities, but not before investors were duped by the slick marketing.
Even when an automated trading bot is real, it’s often not the money-printing machine scammers claim. For instance, blockchain analysis firm Arkham Intelligence highlighted a case where a so-called arbitrage trading bot (likely touted as AI-driven) executed an incredibly complex series of trades, including a $200-million flash loan — and ended up netting a measly $3.24 in profit.
In fact, many “AI trading” scams will take your deposit and, at best, run it through some random trades (or not trade at all), then make excuses when you try to withdraw. Some shady operators also use social media AI bots to fabricate a track record (e.g., fake testimonials or X bots that constantly post “winning trades”) to create an illusion of success. It’s all part of the ruse.
On the more technical side, criminals do use automated bots (not necessarily AI, but sometimes labeled as such) to exploit the crypto markets and infrastructure. Front-running bots in DeFi, for example, automatically insert themselves into pending transactions to steal a bit of value (a sandwich attack), and flash loan bots execute lightning-fast trades to exploit price discrepancies or vulnerable smart contracts. These require coding skills and aren’t typically marketed to victims; instead, they’re direct theft tools used by hackers.
AI could enhance these by optimizing strategies faster than a human. However, as mentioned, even highly sophisticated bots don’t guarantee big gains — the markets are competitive and unpredictable, something even the fanciest AI can’t reliably foresee.
Meanwhile, the risk to victims is real: If a trading algorithm malfunctions or is maliciously coded, it can wipe out your funds in seconds. There have been cases of rogue bots on exchanges triggering flash crashes or draining liquidity pools, causing users to incur huge slippage losses.
How AI-powered malware fuels cybercrime against crypto users
AI is teaching cybercriminals how to hack crypto platforms, enabling a wave of less-skilled attackers to launch credible attacks. This helps explain why crypto phishing and malware campaigns have scaled up so dramatically — AI tools let bad actors automate their scams and continuously refine them based on what works.
AI is also supercharging malware threats and hacking tactics aimed at crypto users. One concern is AI-generated malware, malicious programs that use AI to adapt and evade detection.
In 2023, researchers demonstrated a proof-of-concept called BlackMamba, a polymorphic keylogger that uses an AI language model (like the tech behind ChatGPT) to rewrite its code with every execution. This means each time BlackMamba runs, it produces a new variant of itself in memory, helping it slip past antivirus and endpoint security tools.
In tests, this AI-crafted malware went undetected by an industry-leading endpoint detection and response system. Once active, it could stealthily capture everything the user types — including crypto exchange passwords or wallet seed phrases — and send that data to attackers.
While BlackMamba was just a lab demo, it highlights a real threat: Criminals can harness AI to create shape-shifting malware that targets cryptocurrency accounts and is much harder to catch than traditional viruses.
Even without exotic AI malware, threat actors abuse the popularity of AI to spread classic trojans. Scammers commonly set up fake “ChatGPT” or AI-related apps that contain malware, knowing users might drop their guard due to the AI branding. For instance, security analysts observed fraudulent websites impersonating the ChatGPT site with a “Download for Windows” button; if clicked, it silently installs a crypto-stealing Trojan on the victim’s machine.
Beyond the malware itself, AI is lowering the skill barrier for would-be hackers. Previously, a criminal needed some coding know-how to craft phishing pages or viruses. Now, underground “AI-as-a-service” tools do much of the work.
Illicit AI chatbots like WormGPT and FraudGPT have appeared on dark web forums, offering to generate phishing emails, malware code and hacking tips on demand. For a fee, even non-technical criminals can use these AI bots to churn out convincing scam sites, create new malware variants, and scan for software vulnerabilities.
How to protect your crypto from AI-driven attacks
AI-driven threats are becoming more advanced, making strong security measures essential to protect digital assets from automated scams and hacks.
Below are the most effective ways on how to protect crypto from hackers and defend against AI-powered phishing, deepfake scams and exploit bots:
As AI-driven crypto threats evolve rapidly, proactive and AI-powered security solutions become crucial to protecting your digital assets.
Looking ahead, AI’s role in cybercrime is likely to escalate, becoming increasingly sophisticated and harder to detect. Advanced AI systems will automate complex cyberattacks like deepfake-based impersonations, exploit smart-contract vulnerabilities instantly upon detection, and execute precision-targeted phishing scams.
To counter these evolving threats, blockchain security will increasingly rely on real-time AI threat detection. Platforms like CertiK already leverage advanced machine learning models to scan millions of blockchain transactions daily, spotting anomalies instantly.
As cyber threats grow smarter, these proactive AI systems will become essential in preventing major breaches, reducing financial losses, and combating AI and financial fraud to maintain trust in crypto markets.
Ultimately, the future of crypto security will depend heavily on industry-wide cooperation and shared AI-driven defense systems. Exchanges, blockchain platforms, cybersecurity providers and regulators must collaborate closely, using AI to predict threats before they materialize. While AI-powered cyberattacks will continue to evolve, the crypto community’s best defense is staying informed, proactive and adaptive — turning artificial intelligence from a threat into its strongest ally.
The latest threat in the cyber world comes in the form of the Massjacker malware, which specifically targets users involved in piracy activities. This malicious software not only jeopardizes the security of these users but also aims to steal their cryptocurrency assets. Cybercriminals are using innovative tactics to access vulnerable systems and exploit unsuspecting individuals [...]
The post Beware of the Latest MassJacker Malware Targeting Piracy Users and Stealing Crypto appeared first on Crypto Breaking News.
AMA Recap: Kaspa Coin x StealthEX | GHOSTDAG protocol, future plans, privacy, and more discussed by Bubblegum Lightning.
The post Recap of Exclusive AMA: Kaspa Coin x StealthEX first appeared on StealthEX.
Discover trustworthy ICOs and crypto projects on ICO Hot List, the comprehensive platform offering in-depth analysis.
The post StealthEX Is Now Featured on ICO Hot List first appeared on StealthEX.
Instant crypto exchange StealthEX partners with DeFi 3.0 protocol YSL.IO for seamless integration into ChainZap
The post StealthEX Has Been Integrated into ChainZap by YSL.IO first appeared on StealthEX.
The Syrian foreign minister says the U.S. imposes sanctions on Syria and Russia to steal their assets and keep them under its hegemony. The U.S. is “the biggest beneficiary of wars and fueling global conflicts, with the aim of maintaining the dominance of the dollar in the global economy and trade,” said a Russian official. [...]
The post Syrian Official Says US Imposes Sanctions to Steal Nations’ Assets and Exert Control appeared first on Crypto Breaking News.
Crypto is unstable, exchange rate fluctuations happen quite often — get what you want with exchanges at a fixed rate
The post Fixed Exchange Rates on StealthEX — Get Exactly What You Want first appeared on StealthEX.
Salmon Wallet integrated StealthEX crypto exchange to help its users swap cryptocurrencies within their interface
The post StealthEX Launches Cross-Chain Swaps with Salmon Wallet first appeared on StealthEX.
What is the difference between custodial and instant crypto exchange — find out more about the world of crypto swappers
The post What Is the Best Instant Crypto Exchange for You? first appeared on StealthEX.
Akita DAO AMA recap: Learn everything you need about the new token #HACHI and Akita crypto project.
The post Recap of Exclusive AMA: Akita DAO x StealthEX first appeared on StealthEX.Vitalik Buterin, the co-founder of Ethereum, reveals that the open-source blockchain platform is experiencing a major challenge. In a recent
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