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Pump Science Hacked After Private Key Leak Exposes Wallet Access

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By on November 28, 2024 Altcoin, Bitcoin, Regulations, Trading, Web3
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The post Pump Science Hacked After Private Key Leak Exposes Wallet Access appeared first on Coinpedia Fintech News

Pump Science, a decentralized science platform focused on longevity research, faced a major hack after its private key was exposed on GitHub. This oversight allowed attackers to hijack the Pump.fun wallet and mint fake tokens under its name, tarnishing the platform’s reputation. The breach occurred when developers mistakenly uploaded the private key, assuming it was for a test wallet. The attackers exploited this error to create fraudulent tokens tied to Pump Science. In response, the team renamed its Pump.fun profile to “dont_trust” and partnered with Blockaid to monitor suspicious activity. Despite these efforts, the attacker still controls the wallet, highlighting the importance of stronger security practices.

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U.S. SEC Approves First Solana, XRP, and Cardano ETF: Is the Altcoin Summer Next?

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