Safety

<ul class="wp-block-list">
 <li>Pump.fun’s livestream feature faces backlash over threats of harm and scams, prompting calls for stricter moderation.</li>  
 <li>Critics demand transparency as Pump.fun struggles to balance user safety and creative freedom on its platform.</li>  
 <li>Financial scams and harmful acts in Pump.fun livestreams fuel debates on shutting down the controversial feature.</li> 
</ul>  
<p>Pump.fun, a decentralized platform for creating Solana-based meme coins, faces mounting <a href="https://x.com/beausecurity/status/1860859118124138610" target="_blank" rel="noopener noreferrer nofollow">criticism</a> over its livestream feature. Originally designed to help developers promote projects, the feature has been misused for dangerous acts, including threats of self-harm and violence.&nbsp;</p>  
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper">
  https://twitter.com/WuBlockchain/status/1861017376319570121
 </div>
</figure>  
<h2 class="wp-block-heading" id="h-livestream-feature-misused-for-threats-and-scams"><strong>Livestream Feature Misused for Threats and Scams</strong></h2>  
<p>Some users live streamed their threats, linked to their cryptocurrency goals. A person once threatened to self-harm if their <a href="https://cryptonewsland.com/keanu-knu-meme-token-launches-on-pump-fun/" target="_blank" rel="noopener noreferrer nofollow">meme coin</a> could not achieve a $25 million market cap. One example was a user livestreaming a gun being fired each time their coin’s value went up. The threat to public safety was accompanied by some users threatening to harm family members in the community.&nbsp;</p>  
<p>Pudgy Penguins safety project manager Beau condemned the platform. Livestreaming is out of control. He stated that it must be immediately disabled. Nineteen community members chimed in, echoed emissions of this sentiment, and stated that a swift response is needed to stop any further damage.</p>  
<p>Another concern has emerged in the form of financial scams. A student brazenly built $QUANT, raised $30,000 then ran a rug pull. It further eroded trust in the platform's status for moderating content effectively.</p>  
<h2 class="wp-block-heading" id="h-moderation-efforts-face-scrutiny"><strong>Moderation Efforts Face Scrutiny</strong></h2>  
<p>Pump.fun executives defended their moderation policies, citing ongoing efforts to manage the growing platform. Alon, the pseudonymous leader of Pump.fun has assured users about its dedicated team working around the clock to address harmful content. Despite these assurances, critics argue that existing measures are insufficient.</p>  
<p>Community members suggested potential solutions, including disabling the livestream feature entirely or implementing stricter moderation tools. However, opinions remain divided. While some view livestreams as a valuable tool for project visibility, others label the feature a pipeline of felonies.</p> 
<p>The post <a href="https://cryptonewsland.com/pump-fun-faces-backlash-over-livestream-threats-and-safety-concerns/" rel="noopener noreferrer nofollow">Pump.fun Faces Backlash Over Livestream Threats and Safety Concerns</a> appeared first on <a href="https://cryptonewsland.com" rel="noopener noreferrer nofollow">Crypto News Land</a>.</p>

Pump.fun Faces Backlash Over Livestream Threats and Safety Concerns

Table of Contents

Crypto News Land

Other articles published on Nov 26, 2024

Schuman Financial Introduces EURØP Euro Stablecoin

Top 3 Altcoins to Invest in Before Bitcoin's Next Boom

Blobana Unveils Transformational Upgrades, Ushering in a New Era of Blockchain-Based Digital Cons...

Qubetics Presale: $1K Could Turn Into $600K – The Best Crypto to Buy Now Amid Bitcoin’s $470M Liq...

XRP Price Prediction: As Former Ripple Exec Says Brad Garlinghouse May Be Trump’s Crypto Tzar, Tr...

Investors Maintain Confidence in Bitcoin and Ethereum ETFs

Join our free newsletter for daily crypto updates!