Four.Meme Suffers Another Security Breach, $130K Stolen in Latest Attack

The BNB Chain-based meme coin launch platform 4.Meme was attacked as soon as once more.

PeckShield has reported a contemporary assault that resulted within the theft of roughly 200 BNB (price round $130,000). The stolen funds have already been transferred to FixedFloat, a non-custodial change.

4.Meme Falls Sufferer As soon as Extra

Blockchain safety agency SlowMist was the primary to issue a safety alert relating to the exploit and revealed that an attacker manipulated the 0x7f79f6df operate to realize an unfair benefit earlier than the token’s official launch on 4.Meme.

By buying a small variety of tokens early, the attacker was in a position to ship them to a PancakeSwap Pair deal with that had not but been created. This allowed them to ascertain the Pair and add liquidity with out being topic to the switch restrictions (MODE_TRANSFER_RESTRICTED) that have been meant to forestall unauthorized transactions earlier than launch.

By setting liquidity at an unintended value, the attacker finally drained pool liquidity, leading to important monetary losses for the mission and its customers.

Confirming the assault, 4.Meme said that it’s actively investigating an assault and has suspended its launch operate. Affected customers can submit injury claims for verification. As soon as the assessment course of is full, the platform has assured that compensation will probably be supplied throughout the week to these impacted.

“At the moment, 4.Meme is beneath assault, and the launch operate has been suspended for emergency investigation. Our crew is working onerous to repair the issue and guarantee system safety. Thanks on your understanding and help. We are going to proceed to replace the progress.”

This isn’t the primary time 4.Meme has confronted safety breaches. In February, an attacker exploited platform vulnerabilities, resulting in a lack of $183,000. The perpetrator arrange a pretend liquidity pool on PancakeSwap V3 forward of the professional one and manipulated liquidity mechanics.

To deal with the state of affairs, 4.Meme paused liquidity capabilities and reassured customers that funds remained protected.

$1.53B Misplaced to Crypto Hacks in February

The crypto trade has already suffered $1.6 billion in losses in 2025. In line with Web3 safety providers platform Immunefi’s newest report, the determine marks an 8x rise from final yr’s $200 million throughout the identical interval. February alone accounted for $1.53 billion in losses throughout 9 main safety incidents – an 18x enhance from the $81.6 million reported in February 2024.

In comparison with January 2025, when losses have been $73.9 million, February noticed a whopping 20x enhance. The 2 largest breaches occurred on Bybit, which misplaced $1.46 billion, and Infini, a stablecoin financial institution, which misplaced $49.5 million. Centralized finance (CeFi) bore the brunt of the injury and accounted for 95.5% of losses on account of a single incident, whereas DeFi made up for the remaining 4.5% throughout eight separate instances.