TLDR Crypto · MISCELLANEOUS

MEMECOIN LAUNCHER PUMP.FUN CLAIMS EX-EMPLOYEE BEHIND $1.9M EXPLOIT

cointelegraph.com2 min read

Summary from the TLDR Crypto newsletter

Although Pump.fun, a new popular memecoin launcher, claims its smart contracts are secure, a former employee allegedly exploited a vulnerability, stealing ~12.3K SOL (approximately $1.9 million).