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UNIBOT price plunges 32% as the Telegram based crypto trading bot is compromised

  • Telegram based UNIBOT is hacked, attacker is transferring meme coins from users and exchanging for Ethereum. 
  • The current size of the exploit is $600,000 according to Scopescan. 
  • UNIBOT price nosedived 32% in response to the exploit. 

Telegram based crypto trading bot, Unibot, is suspected of having suffered an exploit. The attacker has moved Unibot user’s meme coins and exchanged them for Ether, according to an on-chain tracker. 

UNIBOT users lose $600,000

Hackers exploited Unibot users and attempted to move their funds off the platform, early on Tuesday. According to data from on-chain tracker Lookonchain, the exploit size is $600,000. Scopescan suggests that hackers are exchanging user’s meme coins for Ethereum. 

The tracker identified the attackers’ address and recommended that access for the contract be revoked.

Unibot users are advised to move their funds off the platform, to safeguard against the exploit. According to intelligence tracker Beosin Alert, the root cause of the attack is a CAII injection. This allows an exploiter to pass custom malicious data to transfer tokens out of Unibot users’ wallets. 

UNIBOT price bleeds 32% in response to attack

Based on data from CoinGecko, UNIBOT price declined by 32%, in response to the attack on the trading bot. At the time of writing, UNIBOT is exchanging hands at $38.69.

 

 

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