Unibot, a popular Telegram trading bot, has been exploited, resulting in user accounts getting exploited.<\/p>\n
Scopescan, an on-chain research team, flagged<\/a> the exploit on Twitter, noting that the hacker is offloading the assets for ETH using decentralized exchanges. Losses have exceeded $600,000<\/a> roughly one hour after the exploit took place.<\/p>\n \u201cPlease check and revoke the approvals for [Unibot\u2019s] contract,\u201d Scopescan said. \u201cMove your funds to a new wallet ASAP.\u201d<\/p>\n Beosin Alert attributed<\/a> the exploit to a CAll injection, allowing the attacker to transfer assets from wallets that have not revoked approval for Unibot\u2019s smart contracts.<\/p>\n <\/a><\/p>\n The official Unibot Twitter account is yet to acknowledge the hack.<\/p>\n The price of the bot\u2019s native token UNIBOT is down more than 29% in one hour after the hack, according to CoinGecko. The token\u2019s market cap currently sits at around $45M, down from an all-time high of $200M in August.<\/p>\n Unibot hosted 1,300<\/a> active accounts in the past 90 days, according to Dune Analytics. Unibot currently ranks as the second most popular Telegram bot with 16% of users.<\/p>\n While Telegram trading bots have enjoyed a recent surge in popularity, users must take on significant security risks by relinquishing control over their private keys to the bot.<\/p>\n Last week, hackers ransacked $500,000<\/a> from Maestro, then the top Telegram trading bot with a 49% market share. Affected users were later refunded.<\/p>\n Start for free<\/a><\/div>\n In September, a smart contract glitch<\/a> resulted in the native token for Banana Gun, the current leading bot with 75% dominance, crashing 98%<\/a> in a single day. Banana Gun later relaunched the token.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":" Hacker steals assets from wallets actively approving Unibot’s smart contract. Unibot, a popular Telegram trading bot, has been exploited, resulting in user accounts getting exploited. Scopescan, an on-chain research team, flagged the exploit on Twitter, noting that the hacker is offloading the assets for ETH using decentralized exchanges. Losses have exceeded $600,000 roughly one hour […]<\/p>\n","protected":false},"author":2,"featured_media":184250,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[274,273,272,244,266,271,268,270,269,267],"class_list":["post-184249","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-de-fi","tag-crypto-finance","tag-decentralized-finance","tag-liquidity","tag-metamask","tag-pancake","tag-slippage","tag-sushiswap","tag-tronlink","tag-trust-wallet","tag-uniswap"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/184249","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=184249"}],"version-history":[{"count":2,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/184249\/revisions"}],"predecessor-version":[{"id":184252,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/184249\/revisions\/184252"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/184250"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=184249"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=184249"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=184249"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}![\"the-defiant\"](\"https:\/\/thedefiant.io\/_next\/image?url=https%3A%2F%2Fcdn.sanity.io%2Fimages%2F6oftkxoa%2Fproduction%2F8302f3d482f0224a3d51f0bd4f1538f50b99dfe2-813x486.png&w=828&q=75\")
Trading Bot Perils<\/h2>\n
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