Pump.fun, a Solana-based marketplace and deployment tool for meme coins, has acknowledged suffering an exploit dealing with the bonding curve contracts in its platform. While the protocol is still investigating the matter, it reported that “the TVL in the protocol right now is safe,” as it has upgraded the contracts to deal with the attack “We’ve paused trading — you cannot buy and sell any coins at the moment,” Pump.fun declared in social media. Staccoverflow, the X user who attributed this attack, stated it might have an impact of $80 million and encourage a hard fork as the tokens affected get redistributed to other users in the network.
Solana Meme Coin Marketplace Pump.fun Suffers $80 Million Exploit
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