Solana Meme Coin Factory Pump.Fun Compromised by 'Bonding Curve' Exploit

According to people who are helping with the early stages of the investigation, an exploiter was using a combination of trading tactics to overwhelm Pump.fun and seemingly corner the market for dozens of meme coins. Oddly, on-chain evidence suggests the attacker was not making much of a profit. The people spoke with CoinDesk on the condition of confidentiality since the inquiries are still preliminary.