The Banana Gun team has temporarily turned off its trade bot that runs on Telegram after hearing that user wallets were being emptied without permission. Even though there were a lot of complaints on crypto social media, the team confirmed that no one had used its code.
Banana Gun told users in a message that the back end of the app was still safe. They did say, though, that a possible front-end weakness might be the problem, which was a hint that the problem might come from Telegram itself.
Telegram Exploit Raises Concerns
The bot, which was meant to make fast swaps easier, is still not working, and there is no date given for when it will be back online.
There are not many details, but the team said that users may have clicked on harmful links. This year there have been a lot more phishing scams aimed at crypto users. The attackers are trying to steal digital assets. Banana Gun asked users to report more cases and share any information that could be useful.
DefiLlama says that Banana Gun’s bot has made more than $35 million in fees and that thousands of people use it.
If the problem is found to be with Telegram, Banana Gun would be the second decentralized finance system this week to be hacked using the web. Ethena Labs, which makes fake dollars, also stopped working on September 18 after hackers broke into its website.
