Ah, the illustrious realm of digital currency, where fortunes are made and lost with the flick of a wrist! It appears that our dear friend, the BNB Chain-based meme coin launch platform known as Four.Meme, has once again found itself in the clutches of misfortune. One might say it has become a veritable magnet for calamity!
According to the ever-watchful PeckShield, a fresh assault has transpired, resulting in the theft of approximately 200 BNB, which, if one were to squint at the numbers, amounts to a staggering $130,000. The pilfered funds have already been whisked away to FixedFloat, a non-custodial exchange, as if they were mere trinkets in a magician’s act. π©β¨
Four.Meme: A Recurrent Tragedy
It was the diligent blockchain security firm, SlowMist, that first raised the alarm regarding this latest debacle. They revealed that a cunning assailant had manipulated the 0x7f79f6df function, gaining an unfair advantage before the token’s grand debut on Four.Meme. One can only imagine the glee of the perpetrator, akin to a cat that has just caught a particularly plump mouse!
By purchasing a mere handful of tokens in advance, the villain was able to send them to a PancakeSwap Pair address that had yet to see the light of day. This crafty maneuver allowed them to establish the Pair and add liquidity without being hindered by the transfer restrictions that were ostensibly designed to prevent such nefarious activities. Oh, the irony! π
By setting liquidity at an unintended price, the attacker drained the pool, leaving behind a trail of financial devastation for the project and its unsuspecting users. One can only shake their head in disbelief at the audacity of it all!
In a statement confirming the attack, Four.Meme has assured the public that it is actively investigating the incident and has suspended its launch function. Affected users are invited to submit their damage claims for verification, and the platform has promised that compensation will be forthcoming within the week. How generous! π
βCurrently, Four.Meme is under attack, and the launch function has been suspended for emergency investigation. Our team is working hard to fix the problem and ensure system security. Thank you for your understanding and support. We will continue to update the progress.β
This is not the first time Four.Meme has danced with disaster. In February, a similar exploit led to a loss of $183,000, as an attacker set up a fake liquidity pool on PancakeSwap V3 ahead of the legitimate one. The audacity! One can only admire the creativity of such mischief.
To remedy the situation, Four.Meme paused liquidity functions and reassured users that their funds remained safe. A comforting thought, indeed!
The Crypto Catastrophe: $1.53B Lost in February
As if the woes of Four.Meme were not enough, the crypto industry as a whole has suffered a staggering $1.6 billion in losses in 2025 alone. According to the latest report from Immunefi, this figure represents an eightfold increase from last yearβs paltry $200 million during the same period. February, in particular, was a month of calamity, accounting for $1.53 billion in losses across nine major security incidents β an 18-fold increase from the $81.6 million reported in February 2024. One must wonder if the universe is conspiring against us!
Compared to January 2025, when losses were a mere $73.9 million, February saw a jaw-dropping 20-fold increase. The two largest breaches occurred on Bybit, which lost a staggering $1.46 billion, and Infini, a stablecoin bank, which lost $49.5 million. Centralized finance (CeFi) bore the brunt of the damage, accounting for 95.5% of losses due to a single incident, while DeFi made up the remaining 4.5% across eight separate cases. Truly, a tale of woe for the ages!
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2025-03-18 23:35