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Approval Exploit Hits UniBot Token Router, Causing a 30% Price Drop

Approval Exploit Hits UniBot Token Router, Causing a 30% Price Drop

Strange Activity Detected on UniBot Trading Platform

Blockchain data firm PeckShield recently discovered some unusual activity on the popular UniBot trading platform. Initial reports suggest that an exploited contract may be responsible for the issue.

UniBot Team Confirms Token Approval Exploit

The UniBot team has confirmed that the problem stems from a token approval exploit on their new router. To prevent further damage, they have temporarily paused the router.

Compensation Promised by UniBot Team

The UniBot team has assured users that any funds lost due to the bug on their new router will be compensated. They have emphasized that users’ keys and wallets are safe.

Price of Native UniBot Token Drops 30%

As more details about the incident emerge, the price of the native UniBot token has fallen by 30%.

UniBot UNIBOT Price Chart. Source: BeInCrypto
UniBot UNIBOT Price Chart 1M. Source: BeInCrypto

Hot Take: Stay Updated on UniBot’s Security Measures

If you are a user of the UniBot trading platform, it is important to stay updated on the latest information regarding this security incident. The UniBot team has taken steps to address the issue and compensate affected users. Keep an eye out for any updates or announcements from the team to ensure the safety of your funds.

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Approval Exploit Hits UniBot Token Router, Causing a 30% Price Drop