2024

Security

TRUST

<ul class="news-points wp-block-list">
 <li><strong>Attackers exploited an exposed private key from a hacked wallet to create unauthorized tokens.</strong></li>
 <li><strong>Offchain token creation added complexity, making it harder to distinguish legitimate from fraudulent tokens.</strong></li>
 <li><strong>Pump Science partnered with Blockaid to flag unauthorized tokens and enhance transaction security.</strong></li>
</ul>
<p>Pump Science, a decentralized science (DeSci) platform on Solana, announced a security breach caused by a hacked wallet. The platform explained that the private key of their wallet, which produces URO and RIF tokens, was exposed due to developer oversight.</p>
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   <p lang="en" dir="ltr">Warning:<br><br>The attacker is launching more coins from our compromised wallet. These were not created by our team and this wallet is compromised.<br><br>Again, NONE OF THESE TOKENS WERE LAUNCHED BY OUR TEAM. THESE TOKENS ARE FRAUDULENT<br><br>DO NOT TRUST THE PSCIENCE <a href="https://t.co/RanmNVFtlt" target="_blank" rel="noopener noreferrer nofollow">https://t.co/RanmNVFtlt</a>… <a href="https://t.co/mtGCkiFrI3" target="_blank" rel="noopener noreferrer nofollow">https://t.co/mtGCkiFrI3</a></p>— Pump Science (@pumpdotscience) <a href="https://twitter.com/pumpdotscience/status/1861590619363107096?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">November 27, 2024</a>
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<p>Attackers exploited this breach to create unauthorized tokens, misleading users and causing concern.</p>
<h2 class="wp-block-heading" id="h-how-the-attack-happened"><strong>How the Attack Happened</strong></h2>
<p>The breach stemmed from a developer error that exposed the private key for the wallet, identified as T5j2U…jb8sc, in the platform�…</p>
<p>The post <a href="https://coinedition.com/pump-science-security-breach-users-warned-of-fake-tokens/" rel="noopener noreferrer nofollow">Pump Science Security Breach: Users Warned of Fake Tokens</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.</p>

Pump Science Security Breach: Users Warned of Fake Tokens

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