Pump Science Wallet Hack: Fake Tokens Flood the Market Due to Developer Negligence

The post Pump Science Wallet Hack: Fake Tokens Flood the Market Due to Developer Negligence appeared first on Coinpedia Fintech News

Pump Science, the decentralized science (DeSci) launch platform based on Solana reported the incident that occurred due to the developer‘s negligence: the private key of the wallet was leaked – T5j2U…jb8sc. This wallet that generates URO and RIF tokens was hacked and allowed an attacker to produce fake tokens as they wanted. The coins generated through this wallet, Pump Science has declared all tokens produced as fake ones.  The team advised users not to interact with the fake profile and clarified that none of those new tokens were created by their team. This and measures to contain the disaster are in progress.