Summary Points
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Attack on Four.Meme: Four.Meme, a BNB Chain-based meme coin launch platform, suffered a fresh attack resulting in the theft of approximately 200 BNB (around $130,000), with funds transferred to a non-custodial exchange.
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Exploitation of Vulnerabilities: The attacker manipulated a function to gain early access to tokens, establishing a fake liquidity pair on PancakeSwap and draining significant liquidity from the pool before the official launch.
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Response from Four.Meme: The platform has suspended its launch function, is actively investigating the attack, and is offering compensation to affected users who submit damage claims.
- Rising Crypto Hacks: The crypto industry witnessed a staggering $1.6 billion in losses due to hacks in 2025, marking an eightfold increase from previous year, with centralized finance (CeFi) incidents accounting for the majority of the losses.
Four.Meme Suffers Another Security Breach, $130K Stolen in Latest Attack
The BNB Chain-based meme coin launch platform Four.Meme experienced another security breach. This attack resulted in the theft of approximately 200 BNB, valued at around $130,000. The stolen assets quickly transferred to FixedFloat, a non-custodial exchange.
Blockchain security firm SlowMist first alerted users to the exploit. According to reports, an attacker manipulated the 0x7f79f6df function, gaining an unfair advantage before the token’s official launch. By acquiring a small number of tokens pre-launch, the attacker managed to send them to a non-existent PancakeSwap Pair address. This allowed the setup of a Pair and the addition of liquidity without facing the intended transaction restrictions. Unfortunately, this error enabled the attacker to drain significant liquidity from the project.
In response to the breach, Four.Meme confirmed that it is investigating the incident and has suspended its launch function. Affected users can submit claims for compensation. The platform assured impacted users that verification and compensation will occur within the week. A representative stated, “Currently, Four.Meme is under attack. Our team is working hard to fix the problem and ensure system security. Thank you for your understanding and support.”
This incident marks a troubling trend for Four.Meme. Back in February, the platform suffered a similar breach, losing $183,000 when an attacker exploited vulnerabilities by creating a fake liquidity pool on PancakeSwap V3. Following that attack, Four.Meme paused liquidity functions and reassured users that their funds remained safe.
This wave of attacks takes place against a backdrop of staggering losses in the cryptocurrency sector. In total, the crypto industry has reported losses exceeding $1.6 billion in 2025 alone. February alone accounted for $1.53 billion across nine major incidents, highlighting a dramatic increase from previous years.
While Four.Meme’s breaches highlight vulnerabilities in the crypto space, they also set the stage for improvements in security measures. Companies may need to invest more in robust security protocols to protect users. This not only reassures investors but also fosters growth in the industry. The focus on security can lead to innovative solutions and ultimately strengthen trust in cryptocurrency platforms.
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