Loading...
Market
Security measures adopted by Pump.fun within 6 months post-exploit
5
Resolution / Starting Odds
Implementation of enhanced security protocols • 25%
Partnership with a security firm • 25%
Audit by third-party security experts • 25%
No significant changes • 25%
Official statements or updates from Pump.fun
Story
Solana's Pump.fun Exploited in $80M Flash Loan Attack by @STACCoverflow
May 16, 2024, 04:44 PM
Pump.fun, a Solana-based token platform, has reportedly been exploited by a user named @STACCoverflow. The attacker utilized flash loans to buy up all Pump.fun tokens in a single transaction, causing the tokens to fill but not hit Raydium, effectively locking users out of their positions. The exploit is estimated to have caused $80 million in damages. The attacker also completed all the token's bonding curves, further complicating the situation. Marginfi, another platform, was also implicated in the exploit but has stated that its operations are normal and funds are safe. Users are advised to avoid trading Pump.fun tokens until further notice. Be wary of disinformation regarding the exploit.
View original story
Similar markets
Mostly negative • 33%
Neutral • 34%
Mostly positive • 33%
Significant loss of market trust • 33%
Moderate impact on market trust • 33%
Minimal impact on market trust • 34%
No fault found • 33%
Third-party fault • 33%
Internal collusion • 34%
Significant drop in memecoin values • 25%
Minor impact on memecoin values • 25%
Recovery in memecoin values • 25%
No impact on memecoin values • 25%
Upgrade of cybersecurity infrastructure • 33%
Partnership with a cybersecurity firm • 33%
No significant change • 34%
Increase in cybersecurity investments • 33%
Public reassurance of existing security measures • 33%
No significant response • 34%
No significant changes • 33%
Moderate improvements • 33%
Significant overhaul • 33%
Changes in editorial team • 33%
Changes in publication policies • 33%
No changes • 34%
Implement stronger data protections • 33%
Partner with cybersecurity firms • 33%
No significant changes • 34%
Settlement reached • 33%
Legal action dismissed • 33%
Legal action results in damages awarded • 34%
Significant investment in cybersecurity • 33%
Moderate changes to cybersecurity measures • 33%
No major changes announced • 34%
