Pumppump, Live Streaming Abruptly Halted… Drastic Measures in Live

Bloomingbit Newsroom

Summary

It was reported that the live streaming feature was abruptly halted due to a decision by Upbit.
Issues arose with the misuse cases by some users, and it was stated that management faced difficulties.
The decision to suspend was emphasized as a drastic measure in cases where specific market prices could not be met.

Pumppump, a platform generating Valkoin based on Solana (SOL), has suspended its live streaming feature. Issues arose with the misuse by some users and the resulting complications in management.

According to a report from the crypto media outlet Gopax on the 25th (local time), Pumppump announced on its official homepage, "Since the launch of live streaming, we have been striving to monitor inappropriate content, but recently, as the number of live streams surged, it became difficult to manage, and we could not completely block inappropriate content. Therefore, we have decided to suspend live streaming."

According to the information shared with the community, it was conveyed that if a Valkoin generated by oneself could not be traded at a specific market price, drastic measures would be taken.

Influencers also voiced criticism regarding this. View Security stated via X (Twitter), "Live streaming should be immediately terminated. This is uncontrollable," they said.