Espresso Co-Founder Reveals $30,000 Cryptocurrency Theft Due to ThirdWeb Contract Flaw

Written by Ohris M. Greyoon, Blockchain & Crypto Expert

Source: Coinmarketcap

Updated: Dec 13 2025

Should l Buy AI?

Incident Overview: Jill Gunter, co-founder of Espresso, reported the theft of over $30,000 in USDC from her crypto wallet due to a vulnerability in a legacy Thirdweb contract that allowed unlimited token approvals.
Details of the Theft: The funds were drained on December 9 and routed through the privacy protocol Railgun, while Gunter was preparing for a presentation on cryptocurrency privacy.
Vulnerability Background: Thirdweb acknowledged the vulnerability in the bridge contract, which had not been properly decommissioned after being discovered in April 2023, leading to the theft.
Community Response: Gunter expressed uncertainty about reimbursement and plans to donate any recovered funds to the SEAL Security Alliance, while Thirdweb faced criticism for its disclosure approach regarding the vulnerabilities.

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Technical Analysis for AI

Technical Sentiment Analysis for Sleepless AI (AI) As of , Sleepless AI (AI) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 6 technical signals, shows that 3 indicators are flashing buy, while 3 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for AI stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.

Support, Resistance & Moving Averages From a structural perspective, AI is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.

Sleepless AI (AI) Support & Resistance Level

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	0.00933	0.0149	0.02	0.0256	0.0307	0.0363	0.0414
Fibonacci	0.0149	0.019	0.0215	0.0256	0.0297	0.0322	0.0363

About AI

Where AI meets affections Sleepless AI emerges as a groundbreaking Web3+AI gaming platform, ingeniously blending artificial intelligence and blockchain technology. At its core, Sleepless AI aims to revolutionize the gaming industry with its unique approach and the extensive expertise of its team. Our mission is to offer unparalleled emotional support and immersive gaming experiences through AI companion games. The project seeks to redefine the gaming landscape by seamlessly integrating advanced AI and blockchain technologies.

About the author

Ohris M. Greyoon

Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.

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