The popular Telegram-based cryptocurrency trading bot Unibot was hacked earlier today, resulting in losses of over $600,000 for users.
According to data from CoinMarketCap, the price of Unibot's native token plunged from $56 to $39 after news of the hack broke. This represents a nearly 30% drop in price.
Scopescan reported that the hacker was draining funds from Unibot user accounts and converting them to ETH. The hack was made possible through a call injection vulnerability, which allowed the hacker to transfer tokens out of wallets connected to Unibot.