New UniBot contract exploited, UNIBOT token crashes
UniBot, a popular Telegram bot used for Uniswap trading, was exploited. UNIBOT token price plummets. User compensation has been promised. UniBot, a popular Telegram bot used for sniping trades on Uniswap, has fallen victim to a significant exploit , causing a sharp decline in the value of the UNIBOT token . Exploitation of UniBot’s new contract In a surprising turn of events, UniBot, the widely used Telegram bot for decentralized exchange Uniswap trading, recently experienced a security breach. The breach occurred in a newly deployed contract, resulting in the theft of approximately $560,000 worth of various meme coins from users. The company identified the issue as a “token approval exploit” originating from their new router, prompting them to temporarily pause the router to mitigate the situation. Although investigations are still underway, blockchain security firm Scopescan advised affected users to revoke approvals for the exploited c...