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Crypto Security Faces New Test As Rogue AI Agents Emerge

Researchers from the University of California conducted a study testing 428 large language model (LLM) routers, discovering that several were actively malicious. In one experiment, a crypto wallet with a small amount of Ether was drained by a rogue router. Out of the routers examined, nine injected malicious code, two used evasion techniques, 17 accessed AWS credentials, and one stole cryptocurrency. These routers act as intermediaries between developers and AI providers, intercepting and reading all traffic in plain text—including private keys and login credentials. The study highlighted that free routers are particularly risky, often used as bait to harvest data. Even initially safe routers can turn malicious if compromised. The researchers recommend avoiding sending sensitive information through AI agents and suggest that AI providers cryptographically sign responses to prevent tampering by middlemen.

bitcoinist04/14 05:02

Crypto Security Faces New Test As Rogue AI Agents Emerge

bitcoinist04/14 05:02

Trust Wallet Users Lost $7 Million in Cryptocurrency Due to Hack

On December 26, the team behind Trust Wallet, a popular cryptocurrency wallet owned by Binance, reported a security breach affecting the browser extension version 2.68. According to Binance founder Changpeng Zhao, the incident was the result of a hack, resulting in losses of approximately $7 million. Users of the compromised version were advised to disable or uninstall it and upgrade to the secure version 2.69. The breach did not impact the mobile application. Trust Wallet's native token (TWT) initially dropped around 7% in price but recovered after the official announcement. Zhao stated that Trust Wallet would cover all user losses and urged affected individuals to contact support. Although no official cause was confirmed, reports suggest that version 2.68 contained hidden malicious code that intercepted users' secret recovery phrases during wallet imports, sending them to an external server. This allowed attackers to gain full access to affected wallets. Some community members, including Zhao, suspect the breach may have been an inside job involving a team member.

RBK-crypto12/26 08:49

Trust Wallet Users Lost $7 Million in Cryptocurrency Due to Hack

RBK-crypto12/26 08:49