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Highlights
- Unibot, a key player in Telegram crypto trading, ends collaboration with Solana team citing security breaches.
- Unibot emphasizes security and transparency, announcing plans for in-house development of its Solana bot.
- The termination leads to a significant market response, with the price of UNIBOT plummeting over 46% in the last 24 hours, currently trading at $40.25.
Unibot, a distinguished presence in the realm of crypto trading services on Telegram, has made the significant decision to sever ties with the Solana team. This development comes in the wake of a series of unsettling incidents that have shaken the foundation of trust within the Unibot community and raised pertinent security concerns.
Venturing onto social media platforms, Unibot’s core team has taken the proactive step of elucidating the rationale behind this decision. A pivotal factor cited in this explanation is the unauthorized rollout of “evm_unibot” by the Solana group, an action undertaken without the requisite permissions or approvals from Unibot. This breach of protocol has served as the catalyst for the dissolution of the partnership.
Unibot’s Commitment to Security and Transparency
In a resolute demonstration of its commitment to the principles of security and transparency, Unibot has unveiled its strategic plan to transition towards the in-house development and management of its Solana bot. This decisive move underscores Unibot’s unwavering dedication to upholding the integrity of its services and safeguarding the interests of its loyal user base.
Furthermore, the core team at Unibot has not hesitated to hold the Solana group accountable, issuing a call for rebranding and the fulfillment of obligations pertaining to the distribution of fees pledged to Unibot holders. However, the announcement of this strategic realignment has been met with a significant market response, with the price of UNIBOT experiencing a precipitous decline of over 46% within the span of just 24 hours, now trading at $40.25.
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Partnerships and Community Response
Despite the fracture in its relationship with the Solana team, Unibot has wasted no time in charting a course for the future. The unveiling of an impending partnership with a redacted entity signals Unibot’s proactive approach towards advancing the development of its proprietary Solana bot.
This collaboration is poised to elevate the user experience across prominent platforms such as Telegram and Unisol-X, while also ensuring the direct distribution of SOL reward tokens by the Unibot Core Team. However, the news of this partnership has ignited a diverse spectrum of reactions within the crypto community. While some stakeholders have expressed skepticism regarding the terminology employed in Unibot’s announcement, others have seized upon the opportunity to champion their own initiatives, including the launch of airdrop campaigns.
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