Banana Gun Hacker Steals 563 ETH Coins

2024-09-23

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BittimeBanana Gun, a popular trading bot on Telegram was hacked by hackers. Users reported their funds in crypto wallets connected to Banana Gun had been drained.

According to reports from the crypto community, as many as 563 ETH (around IDR 8.5 billion) disappeared from 36 user wallets on the Ethereum main network. Yannickcrypto.eth, an influential figure in the community, first warned of the exploit. "There have been 36 victims with a total loss of almost 563 ETH stolen," he said.

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Not a Big Hack on Banana Gun?

Interestingly, even though the losses experienced by users are quite large, some parties suspect that this attack was not a large-scale hack of the Banana Gun platform. The relatively small number of affected wallets indicates the possibility of a targeted attack, rather than a widespread leak of user data.

Balso: Banana Gun Hack Makes Users Lose $2 Million

Responding to this situation, the Banana Gun team immediately took firm action. They have disabled the bot for further investigation. Unfortunately, until now there has been no official statement explaining in detail the chronology of the incident.

Unrest is widespread. There are similar concerns for Banana Gun users on the Solana (SOL) network. Although the specific threat is not yet clear, users are advised to be more vigilant and withdraw their funds as a precaution.

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About Banana Gun

At a glance about Banana Gun, this bot has processed trading volume worth more than $6 billion (around IDR 9 trillion) from almost 272,000 users. However, the platform is not without its dark side. 

Also read: Banana Gun Destroys $8.5 Million in $BANANA Coins

Last year, the launch of the Banana token, which offers profit sharing, was hit by a bug in the smart contract, raising concerns about the security and stability of the platform.

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Even though it has encountered problems, Banana Gun is still one of the leading crypto trading tools in the Telegram ecosystem. As the investigation continues, users are advised to remain vigilant and consider withdrawing funds as a preventive measure.

How to Buy Crypto on Bittime

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Want to trade sell buy Bitcoins and crypto investment easily? Bittime is here to help! As an Indonesian crypto exchange officially registered with Bappebti, Bittime ensures every transaction is safe and fast.

Start with registration and identity verification, then make a minimum deposit of IDR 10,000. After that, you can immediately buy your favorite digital assets!

Check the exchange rate BTC to IDR, ETH to IDR, SOL to IDR and other crypto assets to find out today's crypto market trends in real-time on Bittime.

Disclaimer: The views expressed belong exclusively to the author and do not reflect the views of this platform. This platform and its affiliates disclaim any responsibility for the accuracy or suitability of the information provided. It is for informational purposes only and not intended as financial or investment advice.

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