• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Banana Gun confirms no vulnerabilities in bot after transfer incident

user avatar

by Giorgi Kostiuk

a year ago


  1. Incident Investigation and Action
  2. Analysis of Vulnerability Causes
  3. Impact on Users and Tokens

  4. Banana Gun team assured no vulnerabilities in their bot's backend after investigating the transfer incident from individual wallets.

    Incident Investigation and Action

    After the initial incident, the Banana Gun team immediately switched off the bot and began checking their backend. The investigation confirmed the backend was not compromised, affecting only a small number of users.

    "We have confirmed that our backend is not compromised. Both the router and database have been thoroughly inspected, and only a very small number of users (fewer than 10) were affected. Additionally, the transfers appear to have been executed manually," announced the team on X.

    Analysis of Vulnerability Causes

    The Banana Gun bot will remain offline until the exact reason for the exploits is found. As the bot is used through Telegram, some suspect the vulnerability links to the chat app. Telegram is known for distributing malicious channels and fake token deals. Using the bot still requires user action after activation on Telegram.

    The exploit happened just as Banana Gun opened registration for a web-based version and put out a teaser for an Appstore launch.

    Impact on Users and Tokens

    Immediately following the news, the BANANA token dropped from $43 to $40.34. The token may remain under pressure while the bot is offline.

    An estimated 536 ETH and SOL were taken from Banana Gun deposits, totaling around $2M. User yannickcrypto.eth found 36 compromised accounts, losing 536 ETH, with SOL also drained from bot accounts.

    After the exploit, other social traps claiming to have tools for coin recovery emerged. Connecting wallets to those services may extend the damage.

    The Banana Gun team continues its investigation and advises all users to stop trading and transfer assets to new wallets. The bot will remain offline until the exact cause of the vulnerability is determined.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

SWIFT Tests XRP Integration for Enhanced Payment Systems

chest

SWIFT is testing the integration of the XRP Ledger to enhance cross-border payment efficiency.

user avatarDiego Alvarez

Tether Freezes $544 Million in Assets Linked to Illegal Betting Operation

chest

Tether has frozen approximately $544 million in assets linked to an illegal online betting operation at the request of Turkish prosecutors.

user avatarKenji Takahashi

Tether Mints $1 Billion USDT Amid Bitcoin Selloff

chest

Tether minted an additional $1 billion USDT amid a sharp decline in Bitcoin prices, providing liquidity during a volatile market.

user avatarKenji Takahashi

XRP Price Shows Signs of Recovery After Significant Dip

chest

XRP price has rebounded after hitting a low of 116, with increased whale activity and unique addresses on the XRP Ledger.

user avatarMaria Fernandez

Arthur Hayes Attributes Bitcoin Selloff to IBIT Hedging

chest

Arthur Hayes attributes the recent Bitcoin selloff to hedging related to BlackRock's iShares Bitcoin Trust (IBIT), indicating that dealer hedging can lead to significant mechanical selling when market conditions shift.

user avatarGustavo Mendoza

The PASS: New Utility NFTs to Empower Web3 Creators

chest

The PASS has been introduced as a framework for Web3 creator economies, offering Utility NFTs that enable community creation and governance.

user avatarRajesh Kumar

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.