Unibot Users Left High and Dry
On October 29, the decentralized exchange’s beloved Telegram bot, Unibot, had a pretty bad day. It turns out a new contract was not just launched; it was also a one-way ticket to a digital heist. With around $560,000 vanished in the blink of an eye from various users’ wallets, it seems like the crypto world has taken a page from a heist movie script—as we’re left with more questions than answers.
The Scam Unfolds
Just two days after the contract went live, blockchain watchers at Scopescan were ringing alarm bells about an exploit that left users reeling. Users found themselves unwittingly donating their prized memecoins for no good reason. Thanks, Scopescan, for the early warning, but sadly, the damage was already done!
“.@TeamUnibot seems exploited,”
they tweeted, presumably while shaking their heads. Maybe they should add a little “Exploit Profanity” filter to their alerts.
Confirmed by Unibot
Following the dust storm, Unibot itself confirmed the cruel twists and turns in the saga, acknowledging a token approval exploit that had transpired. According to their official statement:
“We experienced a token approval exploit from our new router and have paused our router to contain the issue.”
Which, translated from tech jargon, basically means, “Oops! We really messed up!” Not the best PR move, folks. They also promised to compensate the users devastated by the exploit. Because nothing says, “We’re sorry” like a few crypto coins, am I right?
Market Reaction: Money in a Tailspin
The markets had their own charming way of responding too: they went into a full-on nosedive. The UNIBOT token price plummeted a staggering 42.7% within an hour! From a glamorous $57.56, it crashed down to $32.94. Can someone get that token a parachute? It is currently on a slow and steady recovery mission, but recovering from a financial hangover takes time.
The Hacker’s Playground
Meanwhile, our dear hacker—a name on everyone’s lips—continued to play around with their ill-gotten gains, converting memecoins into Ether with a casual swagger. Scopescan highlighted one address that purportedly acted as the hacker’s collection point, inviting unsuspecting victims to funnel their funds there. Think of it as a digital Bermuda Triangle: money goes in, and poof—it’s gone!
Lessons Learned and Future Safeguards
Unibot isn’t the first victim in this wild crypto game, as recent memories remind us of a similar incident involving the Maestrobots Telegram bots, where 280 ETH was snatched without breaking a sweat. In response, Maestrobots managed to pull off something resembling a heroic act by compensating their users with 610 ETH from their revenue. Wouldn’t it be nice if Unibot followed that example?
Revoking Permissions
For now, users are stuck contemplating one crucial question: Have I given my lucky charm to the wrong genie? Scopescan warns users to revoke any token approvals for the exploited contract and recommends moving to safer wallets. Might be a good idea to batten down the hatches and put your digital assets under lockdown for a bit!
Final Thoughts
As the dust settles, let’s hope that Unibot learns from this ordeal and ups its security game. Their commitment to compensate users is a breath of fresh air, but won’t change the reality that while crypto can be a party, it can also be a minefield. Cheers to evolving, folks!
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