Four.Meme hit by malicious attack, leading to $183K loss
4.Meme has suffered a malicious assault, resulting in a $183K loss and the short-term suspension of its token liquidity pool on PancakeSwap.
4.Meme, the Binance Good Chain-based memecoin launch platform, has just lately announced that it was hit by a malicious assault, prompting the short-term suspension of its token liquidity pool on PancakeSwap. The platform reassured customers that inner funds are safe, unaffected by the exploit. Regardless of this, the assault resulted within the lack of roughly $183K value of digital property, in keeping with blockchain safety agency PeckShield.
https://twitter.com/four_meme_/standing/1889198796695044138
The 4.Meme’s exploit is simply the most recent in a string of incidents affecting crypto platforms. In Jan. 2025, Gem Pad, one other meme coin launchpad platform, suffered an exploit that led to an estimated $2.2 million loss throughout a number of chains and tokens.
On a brighter be aware, the 4.Meme incident had little influence on memecoin (MEME), its native token, which has risen about 5% up to now 24 hours, in keeping with Coinmarketcap.
4.Meme was within the highlight simply yesterday when the BNB Chain group launched a take a look at token (TST) as a part of a tutorial video demonstrating the 4.Meme launchpad. Initially meant for academic functions, TST unexpectedly surged by 1,100% in its first three days, reaching an all-time excessive of $0.52. Binance’s founder, CZ, later clarified on X that TST was not an official token and had no affiliation with BNB Chain past its function within the tutorial. The TST value has since dropped to $0.22 on the time of writing, but it nonetheless holds a powerful market cap of roughly $208K, reflecting a 22% hike up to now 24 hours.
Regardless of the safety issues, BNB Chain continues to broaden, just lately surpassing 500 million unique active addresses.
