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Vitalik Buterin criticizes Pump.Fun platform and its impact on cryptocurrencies. Learn about the latest developments in the crypto world.

Vitalik Buterin, the creator and co-founder of Ethereum, has criticized the Pump.Fun platform operating on the Solana network, along with other failed projects like FTX and Terra/Luna, as examples of inappropriate uses of cryptocurrencies. He has expressed hope for high-quality entertaining projects to enter the ecosystem and have positive impacts. Recently, severe criticism has arisen over the live streaming feature on the Pump.Fun platform due to creators resorting to degrading and dangerous actions to promote their projects. This behavior sparked strong negative reactions from users, leading to the platform suspending this feature. Buterin emphasizes the importance of having suitable ideas for building applications, stating that the type of applications created significantly depends on the perspective one holds regarding Ethereum’s role in today’s world.

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