CoinGape
2024-05-16 21:48:09

Flash Loan Attack Drains $2M from Solana-Based Pump Fun

Pump.Fun, a Solana-based platform for launching tokens, has been exploited, resulting in a loss of about $2 million. The attacker used flash loans to the platform’s bonding curve contracts, thus undermining the token launch mechanism. Exploitation of Pump.fun Bonding Curve The attacker exploited Pump.Fun’s bonding curve contracts with the help of flash loans, a method The post Flash Loan Attack Drains $2M from Solana-Based Pump Fun appeared first on CoinGape .

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