Binance memecoin platform 4 Meme has restored launch options after an “attack” stole $130,000 value of Binance Coin (BNB).
The assault triggered the platform to droop its launch perform and begin an emergency investigation.
At 9:23 UTC 4 Meme claimed by way of X that, “The launch function has now been resumed after a thorough security inspection. Our team has addressed the issue and reinforced system security.”
Any affected customers will reportedly be absolutely compensated and are inspired to fill out a declare on its web site.
Replace from https://t.co/IRnIR1BwDd
The launch perform has now been resumed after an intensive safety inspection. Our workforce has addressed the difficulty and strengthened system safety.
Compensation for affected customers is underway. When you haven’t submitted your declare but, please… https://t.co/CV7JlmJC5V
— 4.Meme (@four_meme_) March 18, 2025
Hours earlier, 4 Meme mentioned it was “under attack,” and that “the launch function has been suspended for emergency investigation.”
Crypto safety agency Peckshield claimed the hacker stole 200 Binance Coin (BNB) from 4 Meme value roughly $130,000 and transferred it to crypto change FixedFloat.
Safety agency SlowMist additionally acknowledged that the 4 Meme attackers exploited a function that allow them ship a small quantity of tokens to a PancakeSwap Pair deal with that didn’t exist but.
Due to this, the attackers may add liquidity to the pair with out utilizing the yet-to-be-launched tokens. “Ultimately, the attacker was able to add liquidity at an unintended price to steal pool liquidity,” SlowMist claimed.
4 Meme suffered an assault final February that triggered the lack of $183,000 value of BNB and the momentary suspension of a token liquidity pool on PancakeSwap.
Protos has reached out to 4 Meme for remark.
