Hold onto your crypto hats, folks! Four.Meme, the BNB Chain-based meme coin launchpad, has hit the pause button after another sneaky attack. This time, the cyber tricksters made off with around 200 BNB, which is roughly $130,000 in today's crypto cash. The loot has already made its way to FixedFloat, a non-custodial exchange.
The alert on this digital heist was first raised by the blockchain watchdogs at SlowMist. They uncovered that the culprit cunningly manipulated the 0x7f79f6df function, sneaking in before the official token launch on Four.Meme. By snagging a few tokens early, they managed to establish a PancakeSwap Pair and add liquidity, bypassing the pesky transfer restrictions meant to keep things kosher before the big launch.
With a sly grin, the attacker set liquidity at an unexpected price and drained the pool, leaving the project and its users in financial disarray. Four.Meme has confirmed the breach and is knee-deep in an investigation, with the launch function on ice for now. Fear not, affected users! You can send in your damage claims for review, and the platform promises compensation within a week once the dust settles.
“Right now, we’re on full alert,” says Four.Meme, “Our team is burning the midnight oil to patch things up and keep your investments safe. Thanks for sticking with us through this rollercoaster. We’ll keep you posted with updates.”
This isn't Four.Meme's first rodeo with security scares. Back in February, they faced another hit that cost them $183,000, thanks to a crafty attacker who set up a bogus liquidity pool ahead of the real deal and toyed with liquidity mechanics.
The crypto world is no stranger to these digital dramas, having already suffered a staggering $1.6 billion in losses in 2025. According to the latest scoop from Immunefi, this marks a jaw-dropping 8x increase from the previous year. February alone was a whirlwind, accounting for $1.53 billion in losses across nine major incidents, a colossal leap from the $81.6 million reported the same month in 2024.
Compared to January 2025's relatively tame $73.9 million in losses, February was an explosive 20x jump. Bybit and Infini bore the brunt of the chaos, with Bybit losing a whopping $1.46 billion and Infini, a stablecoin bank, losing $49.5 million. CeFi took the hardest hits, accounting for a massive 95.5% of losses due to a single incident, while DeFi made up the remaining 4.5% across eight separate cases.
Stay sharp and keep your digital assets safe, crypto fans!
