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Solana’s Pump.fun platform loses $2 million in internal attackBrief Overview: • Pump.fun, an emoji coin platform on Solana, suffered an internal attack, resulting in losses of $2 million. • The attacker interfered with the token listing process by manipulating the Bonding Curve. • The platform has upgraded its contracts, suspended trading, and ensured that user funds were not harmed. On May 16 at 15:21 UTC, pump.fun, a meme coin platform within the Solana ecosystem, was attacked, resulting in a loss of approximately 12,300 SOL, equivalent to nearly $2 million. The attacker used Margin.fi’s flash loan method to obtain SOL without using his own funds and purchase pump.fun tokens. This move attracted widespread attention in the crypto community.

Solana’s Pump.fun platform loses $2 million in internal attack

Brief Overview:
• Pump.fun, an emoji coin platform on Solana, suffered an internal attack, resulting in losses of $2 million.
• The attacker interfered with the token listing process by manipulating the Bonding Curve.
• The platform has upgraded its contracts, suspended trading, and ensured that user funds were not harmed.

On May 16 at 15:21 UTC, pump.fun, a meme coin platform within the Solana ecosystem, was attacked, resulting in a loss of approximately 12,300 SOL, equivalent to nearly $2 million.
The attacker used Margin.fi’s flash loan method to obtain SOL without using his own funds and purchase pump.fun tokens. This move attracted widespread attention in the crypto community.
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