Unibot contract $560K exploit crashes token worth by greater than 40%

A brand new contract deployed on Oct. 29 by Unibot, a preferred Telegram bot used to snipe trades on the decentralized alternate , was reportedly exploited for roughly $560,000 in numerous memecoins from customers.

On Oct. 31, blockchain analytics agency Scopescan alerted Unibot customers about an ongoing hack on Unibot that went undetected. An exploit on a newly deployed contract by Unibot drained the crypto holdings of a number of customers.

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