Bracket Company Inc., parent of Pump.fun, issued a cease-and-desist letter to a developer reverse-engineering its contract code, alleging infringement. The developer, Shaw, defended his work as original and done in the public interest, not for profit, and plans to address any violations. Shaw highlighted risks in closed-source contracts, linking them to $40 million in thefts, and urged Pump.fun to open-source its contracts for safety and transparency. This dispute raises important issues about contract security and transparency in decentralized finance platforms.
The story about ai16z Co-Founder Shaw and Pump.fun bytecode comes with a snapshot of the cryptocurrency market on Pluang. For readers following major cryptocurrencies, here is Pluang's market snapshot as of Oct 30, 2026 10:11 WIB: out of 50 priced assets, 4 rose and 45 fell. Notable movers include AXS at Rp15.080 with a 1-day change of -10.33%, BAT at Rp2.278 down 10.03%, and SNX at Rp3.220 down 9.68%.
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