News linked to both this project and an event.
ai16z founder Shaw further introduced the Pump.fun smart contract reverse engineering plan on X, stating that the goal is not to develop a contract with similar functionality, but to restore a version that is completely identical to the original contract at the byte level, including the vulnerabilities and flaws in the original code. He called on developers to participate in the reverse engineering with AI tools and continuously submit code contributions via GitHub.Shaw pointed out that closed-source smart contracts are detrimental to security audits, and stated that over the past year, fund losses caused by serious security vulnerabilities in closed-source contracts exceeded $40 million. He believes that promoting open-source contracts helps developers and AI discover and report potential vulnerabilities.In addition, Shaw also plans to use tokens previously repurchased with Meme coin fee revenue as bounty rewards, distributing them to contributors participating in the reverse engineering.Previously, ai16z founder Shaw posted on X stating that 90% of the Pump.fun contract reverse engineering work had been completed, with full completion expected that evening, and said, "Open source everything, or you will be forced to open source."
According to BeInCrypto, Kylie Jenner’s X account appears to have been compromised, with an attacker posting the ticker and Pump.fun page link for the Solana-based memecoin kylie before the post was subsequently deleted. The token’s market cap briefly spiked to approximately $1.19 million before retreating by around 68%; at press time, it stood at roughly $378,500.
According to an official announcement from Pump.fun, Pump.fun has launched its Charity Coins feature, which is exclusively integrated with the charitable donation platform Donate.gg. Coin Admins can now direct creator fees straight to up to five charitable organizations through the fee settings. Over 10,000 charities are already supported, and no additional onboarding is required from the charitable organizations. This integration aims to resolve issues previously associated with self-managed donations—such as uncertain donation execution, potential tax-triggering events, and malicious attacks targeting charities’ social media accounts.