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Banana Gun, a Telegram-based trading bot, experienced a significant security breach resulting in the loss of $3 million from 11 users. The exploit targeted a vulnerability in a Telegram message oracle. Despite the severity of the attack, Banana Gun has committed to fully refunding all affected users from its treasury. The incident underscores the risks even well-established projects face in the crypto space. The bot has since returned online following the security breach. HalbornSecurity's CTO, Steve, commented on the situation via TheBlock.
BANANA GUN’S $3M HACK RECOVERY Banana Gun, the Telegram trading bot, got hit hard with a $3 million loss from a hack that targeted savvy traders using a Telegram message oracle. Crazy, right? But they’re stepping up to refund all 11 affected users straight from their… https://t.co/VFlt7GyF4d
BANANA GUN BOT TO REFUND $3M AFTER HACK The Telegram-based trading bot Banana Gun is stepping up to refund users after a hack that drained $3 million, affecting just 11 users. The attack, which exploited a vulnerability in a Telegram message oracle, allowed hackers to siphon… https://t.co/m2kClkOsZD
Banana Gun slipped on a $3 million Telegram peel, proving once again that in DeFi, even your bot can go bananas. @BananaGunBot, the supposedly secure Telegram trading bot, got royally split. Rekt Investigates https://t.co/RTbc8OBSI7 https://t.co/6vpeTDo43D
