In a startling turn of events, the decentralized exchange facilitator UniBot became the latest victim of a smart contract exploit. Utilizing what is known as a "call injection" attack, malicious actors manipulated contract call data to siphon off user funds from the UniBot platform. According to data from Etherscan, attackers transferred the hijacked crypto assets and exchanged them for $ETH , capitalizing on the vulnerabilities present within UniBot's systems.The security breach was first flagged by Beosin Alert, which attributed the exploit's success to the particular method of call injection, a technique that allows the insertion of malicious call data into smart contracts. This form of attack can be particularly dangerous as it often bypasses standard security checks, enabling unauthorized functions to be executed within the smart contract environment.Lookonchain, a #blockchain analytics service, reported the dire consequences of this security lapse, revealing that the attacker had illicitly extracted over $600,000. As news of the breach spread, UniBot's valuation suffered a severe blow, plummeting by more than 40%, shaking investor confidence and casting a shadow over the platform's security measures.In response to the unfolding crisis, the UniBot team swiftly confirmed the attack, acknowledging the breach in their system. They have taken immediate action to halt the routing mechanism in a bid to stem the leakage of funds and prevent further exploitation. As the team works around the clock to address the security flaws, the incident serves as a stark reminder of the fragility of smart contract protocols and the relentless threat of cyber-attacks within the crypto ecosystem.The UniBot exploit underscores the ever-present risks in the #DeFi space, where innovation often races ahead of security, leaving platforms and their users vulnerable. This incident will likely prompt a thorough review of smart contract security practices and lead to a reinforcement of the defensive measures guarding against such exploits.As the dust settles, the crypto community awaits a detailed post-mortem from UniBot, with the expectation that lessons will be learned and more robust safeguards will be put in place to avert similar incidents in the future. Meanwhile, investors are reminded of the imperative to diligently assess the security posture of any DeFi platform before committing their funds to it.#unibot

Bitcoin continued to remain firm as it gained about a per cent to hover strongly above 34,470-levels, while Ethereum was also seen half a per cent each but remained below $1,800-level.Top crypto tokens were trading fairly higher early on Monday.Bitcoin above $34,470; Ethereum remained near $1,800-mark.Total mcap of crypto was trading decently higher at $1.25 trillion.Bitcoin and other crypto tokens continued their bullish momentum in the new week on Monday. All the crypto tokens stepped in the early trades, continuing the weekend momentum. The euphoria around regulatory approval of a spot bitcoin exchange-traded fund (ETF) listing helped the crypto surge lately. Chainlink (LINK) is currently in a major rally on the back of RWA (Real world assets) narrative and wider positive sentiment in the market. The token has been on the sidelines for most of 2022 and 2023 but recently saw a considerable surge in price. LINK went from $5.9 in early September to $11.2 today, a 90% surge in price. Image: Chart-Chainlink The token has broken the $10 key resistance level, and continued strong development is likely. The Bollinger Bands are currently wide as the price volatility increases near the $9 mark and the price action is trending well above the indicator’s mean line. The upward shift has propelled the RSI index to the overbought territory and is currently sitting at 76.9. If the price manages to successfully surpass the $12 mark, this could lead to further increase towards the resistance level of $13.5. Major Levels: Support: $10, $9, $7.85 Resistance: $12, $13.5(Views and recommendations given in this section are the analysts' own and do not represent those of Business Today. Please consult your financial adviser before taking any position in the asset/s mentioned.)#BTC #sol #lastpass #tia #unibot $BTC $ETH $