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Pump.fun is back it looks like 👀

a guy who cto‘ed starri to 5 mills is now cto‘ing this https://t.me/snowboardcatnewcto

About the pumpfun exploit: People are still spreading misinformation and engaging with a troll, some even pushing a Robin Hood narrative where some guy is gonna airdrop 80M loool spoiler alert: it's all worthless. The More You Know 💫 Flash loans are Defi loans borrowed and paid back in the same TX, that's why they are called flash loans - they are lightning fast. The "hacker" managed to trick the pumpfun contracts to fill the bonding curve without actually delivering the SOL, so he gets all the tokens, but the real SOL is delivered back to Margifin; rendering the tokens literally worthless as there is no real liquidity to create a pool. No one was harmed on this except pumpfun's reputation and eventually those who bought tokens before the bonding curves were manipulated. Easy fix: pumpfun spendsa few night figuring out the wallets that are legit buyers and refunding them and everything goes back to where it was.

PUMPFUN UPDATE There is currently a serious bug on pumpfun. It attacks the virtual pools through contracts, tampering with trading pairs, and can use "air" sol to directly close the market. Currently I don't know where it can only beclosed or it can also be done in the market. This will lead to errors in the calculation formula. It is very likely that you will not be able to buy or sell tokens after he attacks, that is, the market will be "destroyed" directly. It is recommended to temporarily stop pump trading and wait for official updates to fix it.

https://discord.com/invite/dFJkvaua I use this daily for pump monitors for plays