Telegram bot Unibot suspected of staying attacked, token price tag plummeted by 37%

The well-liked Telegram bot undertaking Unibot was visited by hackers, and users’ memecoins well worth about $560,000 had been dispersed into ETH.

Telegram bot Unibot suspected of staying attacked, token price tag plummeted by 37%

At noon on October 31, 2023, Vietnam time, some customers issued warnings suspecting that the Telegram Bot Unibot undertaking had been visited by hackers.

Security unit PeckShield publish a “family” warning every single time a undertaking is attacked:

Still Scopescan Specifically, the attacker transferred various memecoins from the user’s wallet and immediately exchanged them for ETH. Damage estimated at approx $560,000 and is even now staying recorded.

There are also remarks from consumer X tk (@tomkysar), the targeted assets are generally memecoins, junk and tiny-identified coins… Therefore, the anticipated effect on the market place is not as well important.

The price tag of UNIBOT dropped by 37% following this information, at the moment trading at about USD 36.

1H chart of the UNIBOT/USDT pair on the Bitget exchange at twelve:50 on October 31, 2023. Source: TradingView

However, numerous persons in the neighborhood are calling for UNIBOT to “bottom fish” in the midst of this decline though waiting for the price tag to recover.

Unibot is a Telegram instrument produced to enable automate cryptocurrency trading. This instrument assists customers invest in tokens as quickly as they have additional liquidity and set up sophisticated trading tactics. Unibot at the moment supports trading on Uniswap V2 and V3 platforms.

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