Telegram trading bot Solareum shutters days after $520K exploit
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Telegram trading bot Solareum shutters days after $520K exploit
The team cited insufficient funds, evolving market trends and a recent security breach for its closure.
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Telegram trading bot Solareum shutters days after $520K exploit
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The Solana-based Telegram trading bot Solareum said it is permanently shutting down after insufficient funding and a recent security breach.
“It is with a profound sense of regret that we announce the closure of the Solareum project,” said the developers on the Telegram Solareum support channel, who also shared on X by trading bot BONKbot co-founder king.sol on March 31.
“Unfortunately, due to a combination of insufficient funds, evolving market trends, and a recent security breach to our systems,” they wrote.
The team added that despite “concerted efforts to secure additional funding, adapt to market changes, and fortify our security measures,” it can no longer “assure the safety of our users due …
The team cited insufficient funds, evolving market trends and a recent security breach for its closure.
4866
Total views
15
Total shares
Listen to article
2:39
Telegram trading bot Solareum shutters days after $520K exploit
News
COINTELEGRAPH IN YOUR SOCIAL FEED
Follow our
Subscribe on
The Solana-based Telegram trading bot Solareum said it is permanently shutting down after insufficient funding and a recent security breach.
“It is with a profound sense of regret that we announce the closure of the Solareum project,” said the developers on the Telegram Solareum support channel, who also shared on X by trading bot BONKbot co-founder king.sol on March 31.
“Unfortunately, due to a combination of insufficient funds, evolving market trends, and a recent security breach to our systems,” they wrote.
The team added that despite “concerted efforts to secure additional funding, adapt to market changes, and fortify our security measures,” it can no longer “assure the safety of our users due …