Binance memecoin platform 4 Meme has restored launch options after an “attack” stole $130,000 price of Binance Coin (BNB).
The assault brought about the platform to droop its launch operate and begin an emergency investigation.
At 9:23 UTC 4 Meme claimed through 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 totally compensated and are inspired to fill out a declare on its web site.
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The launch operate has now been resumed after an intensive safety inspection. Our workforce has addressed the problem and bolstered system safety.
Compensation for affected customers is underway. If you happen to 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 price roughly $130,000 and transferred it to crypto alternate FixedFloat.
Safety agency SlowMist additionally said that the 4 Meme attackers exploited a characteristic that permit 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 brought about the lack of $183,000 price of BNB and the short-term suspension of a token liquidity pool on PancakeSwap.
Protos has reached out to 4 Meme for remark.
