The meme coin launchpad Pond.fun, hosted on Linea, was hacked by the project's chief software engineer. The platform warned users not to interact with Pond.fun and stated that the efrogs and croak websites were also at risk. The attacker stole liquidity from Pond.fun's smart contract and transferred the tokens to the privacy protocol Railgun. The platform enlisted the help of blockchain analytics firms to prevent the stolen funds from being withdrawn. This incident is reminiscent of the recent hack of stablecoin bank Infini, which was also carried out by an insider.



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