News listBankr temporarily disables transactions after 14 wallets hacked
CoinTelegraph2026-05-20 02:14:22

Bankr temporarily disables transactions after 14 wallets hacked

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Source: Bankr Crypto hackers have been active in recent months. Bad actors stole more than $168.6 million in crypto in the first quarter. April saw the two largest hacks of the year so far: the $280 million Drift Protocol exploit at the start of the month and the $292 million Kelp exploit. More recently, Verus Protocol's Ethereum bridge was exploited Monday. SlowMist founder Yu Xian said the exploit, from Bankrbots' own reply, was likely a social engineering scheme targeting the AI agent. Three identified attacker addresses collectively hold $440,000 in crypto. “It was a social engineering exploit targeting the trust layer between automated agents—specifically an interaction between grok and Bankrbot that allowed unauthorized transaction signing,” Xian said. Source: Yu Xian “It seems like a combo of social engineering exploits targeting Grok + Bankrbot. Previously, the wallet-related assets allocated by Bankrbot to Grok were also stolen through a similar combo, prompt injection exploitation,” he added. Bankr has recommended that users avoid signing transactions until further notice and warned one individual that their seed phrase “is likely in the hands of an attacker.” Bankr also said anyone with a compromised wallet should stop using it, create a new wallet, generate a new seed phrase on a clean device, move any remaining tokens or nonfungible tokens to the new address and revoke approvals if remaining assets can’t be moved. Related: Aethir halts bridge exploit, promises compensation after $90K loss “Attackers often use existing approvals to drain funds. Check your devices, scan your computer and phone for malware or suspicious browser extensions. If you used a software wallet, the leak likely came from your device,” Bankr added. Some X users reported that up to $150,000 in crypto had been drained from affected wallets. Tech entrepreneur Austen Allred said a Bankr wallet connected to his Kelly Claude AI assistant project was among those compromised. The hacker stole Ether (ETH), but none of the project's memecoin stash was touched. Source: Austen Allred “There’s no evidence anyone other than myself ever logged into the Bankr account; they must have accessed the keys some other way,” Allred added. Magazine: The legal battle over who can claim DeFi’s stolen millions More on the subject
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Published:2026-05-20 02:14:22
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