Core

Solana

when

Unibot, a Telegram Bot project on Monday announced that it will cut ties with the <a href="https://news.todayq.com/solana-based-defi-token-announced-airdrop-season-1/" rel="noopener noreferrer nofollow">Solana blockchain</a> due to some critical issues. The core team mentioned that this matter includes the launch of a bot named “evm_unibot” without permission. This might come as a shocker for Solana, as the blockchain saw a major reversal from a collapse to an unbelievable recovery. Unibot raises allegation against Solana 
In a post, the Unibot team expressed concerns about a breach of trust when Solana launched the bot named “evm_unibot” (Blast bot). The team highlighted that this happened without obtaining prior permission and authorization. However, several users had reported difficulties while withdrawing funds, raising security concerns.
One of the major allegations imposed by Unibot is that the Solana group refused to undergo Know Your Customer (KYC) procedures. This added to the concerns surrounding transparency and compliance within the ecosystem.
It added that despite numerous attempts made by the Unibot core team to collect fees promised by the Solana group. Meanwhile, there was an alleged failure on this part of Solana. It failed to honor this commitment also. This move raises concerns about the financial aspects of the collaboration and the welfare of Unibot holders.
These major allegations come in when Solana is adding back to back gains over the last year. SOL price had jumped by 111% in the last 90 days, while, it had added another 38% over the past 30 days.
Solana is trading at an average price of $149, at the press time. Its 24 hour trading volume is up by 60% to stand around $5 billion. It is holding a market cap of $66 billion.
As per the data shared by DeFiLlama, Solana’s total value locked (TVL) has jumped by 71% in the last one month. It now stands at $3.25 billion. However, it is up by 24% over the last 7 days. What’s next? 
To counter these issues, the Unibot core team has decided to discontinue its partnership with the Solana team. It has even requested that the SOL team change its name to avoid misrepresentation of Unibot’s core values.
It mentioned that the project is now set to develop its proprietary Solana bot in-house. However, the Unibot announced a new partnership with [Redacted]. It added that the users can expect the launch of a proprietary Solana bot accessible on the Telegram platform and Unisol-X platform. Users will receive SOL reward tokens directly from the Unibot Core Team.
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Unibot ditches Solana over unauthorized bot deployment and KYC issues

Todayq News

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