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Home»BLOCKCHAIN NEWS»Unibot ends partnership with Solana (SOL) team, citing security concerns
BLOCKCHAIN NEWS

Unibot ends partnership with Solana (SOL) team, citing security concerns

By Crypto FlexsMarch 11, 20243 Mins Read
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Unibot ends partnership with Solana (SOL) team, citing security concerns
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Unibot announced the end of its collaboration with the Solana team due to security concerns and a breach of trust, signaling a shift to internal development.

Unibot, the leader in Telegram cryptocurrency trading service, has publicly announced. presentation End of partnership with Solana team. The decision comes after a series of incidents that led to breaches of trust and security concerns within the Unibot community.

Unibot’s core team took to social media to explain the reasons for the decision, highlighting that the unauthorized release of “evm_unibot” by Solana Group was a significant factor. The bot was reportedly released without prior permission or approval from Unibot, causing anxiety among users who experienced problems accessing the service.

At Unibot, ensuring security and maintaining our values ​​of transparency and honesty are of the utmost importance, which led us to move to internal development and operation of Solana bots. These changes aim to maintain the integrity of the service and protect the interests of Unibot holders.

Additionally, the Unibot core team requested Solana Group to rebrand and fulfill its obligations related to the promised fee distribution to Unibot holders. These public demands reflect Unibot’s commitment to the community, advocating for fair treatment and compensation that our users have supported.

In light of the split in the Solana team, Unibot announced a future partnership with the modified entity to further develop proprietary Solana bots. This new collaboration is set to improve user experience on platforms such as Telegram and Unisol-X. We also promise to distribute SOL reward tokens directly from the Unibot Core Team, providing users with the reward system they have come to expect.

Unibot’s decision caught the attention of the cryptocurrency community, with stakeholders expressing their opinions on the matter. While some have questioned the language used in Unibot’s announcement, others have taken the opportunity to promote their own initiatives, such as the airdrop campaign.

The outcome between the Unibot and Solana teams serves as a reminder of the volatile and dynamic nature of the cryptocurrency ecosystem, where partnerships can quickly dissolve due to disagreements in core values ​​and operational mishaps. We also emphasize the importance of maintaining strict security and trust standards, especially with regard to the handling of user data and assets.

As the situation unfolds, the community will closely monitor how Unibot’s internal development efforts will shape the future of its trading terminal service, and how this will impact the broader Solana ecosystem.

Image source: Shutterstock

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