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Telegram Chatbot Unibot Loses $640,000 in Digital Assets to Hacker Exploit

Telegram chatbot Unibot has lost around $640,000 worth of digital assets after a hacker managed to exploit a vulnerability in the newly deployed contract. The team behind the protocol said that it is currently investigating the issue and will soon release a detailed response.

PeckShield reported that the attacker transferred the pilfered cryptocurrency to Uniswap, after which it was subsequently routed to the controversial crypto mixer, Tornado Cash.

  • Lookonchain advised Unibot to move funds to other wallets or revoke approvals of the contract as soon as possible.
  • Unibot confirmed the token approval exploit from its new router and revealed pausing it to contain the issue.
  • The protocol also assured its users that any funds lost due to the bug on its new router will be compensated while adding that user keys and wallets remain safe.
  • Nearly $332 million in various digital assets were lost to exploits, hacks, and scams in September, according to blockchain security firm CertiK.
  • The latest exploit comes days after a similar incident hit Maestrobots, a group of cryptocurrency bots on the Telegram messenger app, on October 24th.
  • The attackers targeted MaestroRouter on the ETH mainnet and drained 280 ETH worth around $485,000 at the time of the hack.
  • The team quickly identified the attack and removed the exploit. Subsequently, the users were reimbursed a day later.

The post Telegram Chatbot Unibot Loses $640,000 in Digital Assets to Hacker Exploit appeared first on CryptoPotato.

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