Invest In Crypto News
  • Home
  • Latest News
    • Bitcoin News
    • Altcoin News
    • Ethereum News
    • Blockchain News
    • Doge News
    • NFT News
    • Video
    • Market Analysis
    • Business
    • Finance
    • Politics
    • Mining
    • Regulation
    • Technology
  • Top 10 Cryptos
  • Market Cap List
  • IC DAO
  • Donations
  • Contact
  • Buy Crypto
No Result
View All Result
Invest In Crypto News
  • Home
  • Latest News
    • Bitcoin News
    • Altcoin News
    • Ethereum News
    • Blockchain News
    • Doge News
    • NFT News
    • Video
    • Market Analysis
    • Business
    • Finance
    • Politics
    • Mining
    • Regulation
    • Technology
  • Top 10 Cryptos
  • Market Cap List
  • IC DAO
  • Donations
  • Contact
  • Buy Crypto
No Result
View All Result
Invest In Crypto News
No Result
View All Result

Unibot Ends Partnership with Solana (SOL) Team, Cites Security Concerns

CryptoExpert by CryptoExpert
March 11, 2024
in Blockchain News
0
ADGM Partners with Solana (SOL) Foundation to Boost Blockchain Innovation
  • Facebook
  • Twitter
  • Pinterest


Unibot announces the end of its collaboration with the Solana team due to security concerns and a breach of trust, signaling a shift towards in-house development.

Unibot, a prominent player in the crypto trading service on Telegram, has publicly announced the termination of its partnership with the Solana team. The decision comes after a series of incidents that led to a breach of trust and raised security concerns within the Unibot community.

You might also like

Solana Governance Approves Faster Reduction in SOL Issuance

NVIDIA TensorRT Model Connect Simplifies AI Deployment

The Sandbox Plans 1:1 Repayment After $700K Bridge Exploit

Unibot’s core team took to social media to explain the reasons behind their decision, highlighting the unauthorized launch of the “evm_unibot” by the Solana group as a pivotal factor. This bot was reportedly released without prior permission or authorization from Unibot, causing unrest among users who experienced issues accessing services.

Ensuring the security and upholding the values of transparency and honesty are paramount to Unibot, which has prompted the move to transition to in-house development and operation of its Solana bot. This shift is aimed at maintaining the integrity of their services and protecting the interests of Unibot holders.

Tokenmetrics

Moreover, the Unibot core team has requested the Solana group to rebrand and fulfill their obligations regarding the distribution of fees that were promised to Unibot holders. This public demand reflects the commitment of Unibot to its community, advocating for the fair treatment and rewards that users had supported.

In light of the split from the Solana team, Unibot has announced a forthcoming partnership with a redacted entity to further develop its proprietary Solana bot. This new collaboration is set to enhance the user experience on platforms such as Telegram and Unisol-X. Additionally, it promises the direct distribution of SOL reward tokens from the Unibot Core Team, delivering on the rewards system that users were anticipating.

Unibot’s decision has garnered attention from the crypto community, with stakeholders expressing their opinions on the matter. While some have raised questions about the terminology used in Unibot’s announcement, others have taken the opportunity to promote their own initiatives, such as airdrop campaigns.

The fallout between Unibot and the Solana team serves as a reminder of the volatile and dynamic nature of the crypto ecosystem, where partnerships can quickly dissolve due to misalignments in core values and operational mishaps. It also underscores the importance of maintaining rigorous standards of security and trust, especially when it comes to the handling of user data and assets.

As the situation unfolds, the community will be closely monitoring how Unibot’s in-house development efforts will shape the future of its trading terminal services and what impact this will have on the broader Solana ecosystem.

Image source: Shutterstock



Source link

  • Facebook
  • Twitter
  • Pinterest
CryptoExpert

CryptoExpert

Recommended For You

Solana Governance Approves Faster Reduction in SOL Issuance

by CryptoExpert
August 29, 2026
0
Cointelegraph

Solana validators have approved a proposal to double the network’s annual disinflation rate, reducing future SOL issuance.According to finalized voting results, the proposal received 67% support, with 25.16%...

Read more

NVIDIA TensorRT Model Connect Simplifies AI Deployment

by CryptoExpert
August 29, 2026
0
Nvidia's Soaring Data Center Revenue Signals Strong AI and GPU Market Position

Rebeca Moen Aug 28, 2026 19:15 NVIDIA's TensorRT Model Connect enables AI model deployment from checkpoint to inference in two commands, bridging open models...

Read more

The Sandbox Plans 1:1 Repayment After $700K Bridge Exploit

by CryptoExpert
August 28, 2026
0
Cointelegraph

Blockchain gaming platform The Sandbox has pledged to repay eligible SAND holders 1:1 after an Aug. 21 bridge exploit drained 14.744 SAND, worth about $700,000, from an Ethereum...

Read more

ALGO Price Prediction: The $0.09 Coil Is About to Snap — Whales Are Already Positioned

by CryptoExpert
August 28, 2026
0
Post-Submission Steps for Algorand (ALGO) Change the Game Hackathon

Terrill Dicki Aug 28, 2026 09:10 ALGO is locked in a historically tight compression at $0.09 with momentum flatlined, but derivatives positioning tells a...

Read more

Taurus Links Platforms to Swift’s Blockchain Ledger

by CryptoExpert
August 28, 2026
0
Cointelegraph

Cointelegraph is committed to providing independent, high-quality journalism across the crypto, blockchain, AI, and fintech industries.All news, reviews, and analyses are produced with full journalistic independence and integrity....

Read more
Next Post
UK Watchdog Says It Will Not Object to Crypto ETN Listing Requests

UK Watchdog Says It Will Not Object to Crypto ETN Listing Requests

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Browse by Category

  • Altcoin News
  • Bitcoin News
  • Blockchain News
  • Business
  • Doge News
  • Ethereum News
  • Finance
  • Market Analysis
  • Mining
  • NFT News
  • Politics
  • Regulation
  • Technology
  • Trending Cryptos
  • Video

Sitemap

  • Market Cap
  • Donations
  • Trading
  • Mining
  • Contact

Legal Information

  • Privacy Policy
  • Anti-Spam Policy
  • Copyright Notice
  • DMCA Compliance
  • Social Media Disclaimer
  • Terms Of Service

Categories

  • Altcoin News
  • Bitcoin News
  • Blockchain News
  • Business
  • Doge News
  • Ethereum News
  • Finance
  • Market Analysis
  • Mining
  • NFT News
  • Politics
  • Regulation
  • Technology
  • Trending Cryptos
  • Video

© Copyright 2024 InvestInCryptoNews.com

No Result
View All Result
  • Home
  • Latest News
    • Bitcoin News
    • Altcoin News
    • Ethereum News
    • Blockchain News
    • Doge News
    • NFT News
    • Video
    • Market Analysis
    • Business
    • Finance
    • Politics
    • Mining
    • Regulation
    • Technology
  • Top 10 Cryptos
  • Market Cap List
  • IC DAO
  • Donations
  • Contact
  • Buy Crypto

© Copyright 2024 InvestInCryptoNews.com

This website is using cookies to improve the user-friendliness. You agree by using the website further.

Privacy policy
bitcoin
Bitcoin (BTC) $ 77,882.00
ethereum
Ethereum (ETH) $ 2,445.23
tether
Tether (USDT) $ 1.00
bnb
BNB (BNB) $ 690.44
xrp
XRP (XRP) $ 1.39
usd-coin
USDC (USDC) $ 0.999992
solana
Solana (SOL) $ 105.03
tron
TRON (TRX) $ 0.338191
staked-ether
Lido Staked Ether (STETH) $ 2,265.05
figure-heloc
Figure Heloc (FIGR_HELOC) $ 1.04

Pin It on Pinterest

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?