After ending its cooperation with Solana, Unibot fell to the $50 range, a drop of more than 30%.
Unibot (UNIBOT) announced the termination of its deployment on Solana due to security issues with its native token. Unibot stated that Solana violated trust by launching a Blast robot named "evm_unibot" without prior permission and authorization, leading to the decision to end the partnership for security reasons. This prompted the use of Unibot's secure server infrastructure on Solana to shift towards internal development and operation of Unibot. However, on Monday's early European trading session, UNIBOT fell from a high of $77 to around $45.51, a drop of 40%, before rebounding slightly to the $50 range. Over the past 24 hours, it has fallen by approximately 33%.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Fundraising platform JustGiving accepts over 60 cryptocurrencies including Bitcoin, Ethereum
Sui network back online after 2-hour outage
The FTX estate plans to start distributions by March 2025
UK to unveil crypto and stablecoin regulatory framework early next year