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Unknown attacker hacked Unibot Telegram bot

Unknown attacker hacked Unibot Telegram bot

On 31 October the Unibot trading Telegram bot was compromised by unknown parties. Project representatives confirmed the incident.

According to them, they faced a token-approval vulnerability in the new router. To address the issue, developers temporarily paused the router’s operation.

“Any funds lost due to the bug in the new router will be compensated, and keys and wallets will remain safe,” Unibot assured.

Nevertheless, external experts urged users to urgently transfer funds to other wallets or revoke approvals of the contract.

At the time of writing, the damage stood at nearly $650,000 — the hacker withdrawn 305 ETH and 39 000 USDC. Subsequently he sent the coins to the Tornado Cash mixer.

2023-10-31-08.43.05
Data: Telegram channel DEFI Scam Check.

The UNIBOT token launch took place on May 21, with the attacker’s wallet funded on May 25 — on the first day of heightened trading activity.

In the crypto community, theories circulated about an insider-like nature of the attack — allegedly the hacker waited for the meme-coin cycle peak to earn more.

Update:

Blockchain-detective Arhat outlined a suspected exploit scheme that allowed the hacker to bypass balance checks and withdraw funds through repeated transferFrom calls.

Beosin experts also noted the changes made by the attacker to the bot’s code.

Against this backdrop, the price of the native UNIBOT token plunged 32% and, according to CoinGecko, stands at $38.44.

chart-45
Data: CoinGecko.

Earlier experts warned of risk of losing cryptocurrency when trading via Telegram bots, as they are not protected from hacker attacks.

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