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Telegram-Based Crypto Trading Bot Unibot Hacked, Token Crashes 40%

Jai Pratap
Last updated: | 1 min read
Source: AdobeStock / Sergey Nivens

Telegram-based crypto trading bot Unibot is suspected of being hacked as users of the trading bot try to move their funds off the platform.

The Unibot platform facilitates users in connecting their wallets to the decentralized exchange Uniswap, allowing them to trade tokens using Telegram-based tools, much like sending messages on the popular messaging app.

As per etherscan data, the exploiter seems to be moving users’ crypto and trading them for ETH.

Unibot attacker received 1 ETH as gas fee from FixedFloat coin mixer one week after the crypto trading bot was launched, Scopescan revealed.

Onchain analytics account Lookonchain reported that so far the exploiter has stolen over $600,000.

Beosin Alert reported that the root cause of the hack is CAll injection, where an attacker can pass custom malicious calldata into the 0xb2bd16ab() method to transfer tokens approved to Unibot contracts.

The price of the token crypto trading bot, UNIBOT, crashed over 40% on the reports of being hacked.

At the time of writing, UNIBOT is trading at $36.45, as per Coingecko data.

The team behind the crypto trading bot platform confirmed the attack on social media platform X, saying that they experienced a token approval exploit from their new router and have paused the router to contain the issue.

The team also confirmed that any funds lost due to the bug on the new router will be compensated. Users’ keys and wallets are safe, it added.