Four.Meme Suffers Another Security Breach, $130K Stolen in Latest Attack
The BNB Chain-based meme coin launch platform, Four.Meme, has once again fallen victim to a cyber attack, this time resulting in the theft of approximately 200 BNB, valued at around $130,000. PeckShield reported the incident, highlighting that the stolen funds were swiftly transferred to FixedFloat, a non-custodial cryptocurrency exchange.
Four.Meme Falls Victim Once More
Blockchain security firm SlowMist was among the first to issue a security alert. They revealed that the attacker exploited the 0x7f79f6df function to gain an unfair advantage during the pre-launch phase of the token on Four.Meme. The attacker managed to acquire a small number of tokens early and sent them to a PancakeSwap Pair address that had not yet been created. This maneuver allowed them to establish the Pair and inject liquidity without being hindered by the transfer restrictions embedded in the system, which were intended to prevent unauthorized transactions before the official launch.
By manipulating liquidity pricing, the attacker drained pool liquidity, leading to significant financial repercussions for both the project and its user base.
Four.Meme confirmed the attack via Twitter, stating, “We are currently under attack, and the launch function has been suspended for emergency investigation. Our team is committed to rectifying the issue and ensuring system security. Thank you for your understanding and support. We will keep you updated on our progress.” Affected users have been invited to submit claims for damages, with the platform promising compensation within a week after the review process.
This isn’t an isolated incident for Four.Meme; back in February, another attack exploited vulnerabilities within the platform, resulting in a loss of $183,000. During that breach, the attacker had set up a fraudulent liquidity pool on PancakeSwap V3 ahead of the legitimate one and manipulated the associated liquidity mechanics.
Rising Tide of Crypto Hacks
The broader cryptocurrency landscape has been facing serious security challenges, with losses reaching an alarming $1.6 billion in 2025, according to Immunefi’s latest report. This figure marks an eight-fold increase from last year’s $200 million for the same timeframe. February alone accounted for $1.53 billion across nine significant security breaches, indicating an 18-fold increase from the $81.6 million reported in February 2024.
Compared to January 2025, which witnessed $73.9 million in losses, February’s figures showed an astonishing 20-fold increase. The largest breaches originated from Bybit, which suffered a staggering loss of $1.46 billion, and Infini, a stablecoin bank, which reported a loss of $49.5 million. Centralized finance (CeFi) platforms bore the majority of the damage, accounting for 95.5% of total losses due to a single incident. In contrast, decentralized finance (DeFi) accounted for the remaining 4.5% across eight separate instances.
As the cryptocurrency ecosystem continues to grow, the recurring pattern of attacks and exploits underscores the critical need for enhanced security measures to protect users and their investments.
