The company behind a hacked Bitcoin wallet says an AI system failed to detect a software flaw that was later exploited to steal users’ funds. Multiple reports describe the incident as a breach in which an undisclosed vulnerability in the wallet’s software is used by attackers to access or move funds. The company’s warning attributes the compromised outcome in part to shortcomings in automated detection, stating that the AI did not identify the bug before it was exploited.
The estimated total amount stolen is reported as about $130 million. While the sources focus on the company’s disclosure about the AI’s failure, they do not provide detailed technical information about the specific vulnerability or the exact timeline of discovery, reporting, or remediation. The reporting centers on the company’s latest statement and the scale of losses, as well as the implication that safeguards relying on AI-based detection may not have flagged the weakness in time. The situation remains tied to the ongoing aftermath of the hack and the company’s communication to users and stakeholders.
