UniBot Token Router Hit With Approval Exploit, Price Sinks 30%

0


On October 31, blockchain data firm PeckShield pointed out some strange goings-on with the popular UniBot trading platform. Initial reports have indicated that an exploited contract could be at fault.

The UniBot team confirmed that a token approval exploit on its new router was at the root of the problem. The team has since paused the router to mitigate any further damage.

The UniBot team also promised that,

“Any funds lost due to the bug on our new router will be compensated. Your keys and wallets are safe.”

The price of the native UniBot token has fallen 30% in the meantime as details continue to emerge.

UniBot UNIBOT Price Chart 1M. Source: BeInCrypto

This is a breaking story and will be updated as we receive more information.

Disclaimer

In adherence to the Trust Project guidelines, BeInCrypto is committed to unbiased, transparent reporting. This news article aims to provide accurate, timely information. However, readers are advised to verify facts independently and consult with a professional before making any decisions based on this content.



Source link

You might also like
Leave A Reply

Your email address will not be published.