4.Meme has suffered a malicious assault, resulting in a $183K loss and the short-term suspension of its token liquidity pool on PancakeSwap.
4.Meme, the Binance Good Chain-based memecoin launch platform, has not too long ago introduced that it was hit by a malicious assault, prompting the short-term suspension of its token liquidity pool on PancakeSwap. The platform reassured customers that inside funds are safe, unaffected by the exploit. Regardless of this, the assault resulted within the lack of roughly $183K price of digital property, based on blockchain safety agency PeckShield.
https://twitter.com/four_meme_/standing/1889198796695044138
The 4.Meme’s exploit is simply the newest in a string of incidents affecting crypto platforms. In Jan. 2025, Gem Pad, one other meme coin launchpad platform, suffered an exploit that led to an estimated $2.2 million loss throughout a number of chains and tokens.
On a brighter notice, the 4.Meme incident had little influence on memecoin (MEME), its native token, which has risen about 5% prior to now 24 hours, based on Coinmarketcap.
4.Meme was within the highlight simply yesterday when the BNB Chain crew launched a take a look at token (TST) as a part of a tutorial video demonstrating the 4.Meme launchpad. Initially meant for instructional functions, TST unexpectedly surged by 1,100% in its first three days, reaching an all-time excessive of $0.52. Binance’s founder, CZ, later clarified on X that TST was not an official token and had no affiliation with BNB Chain past its position within the tutorial. The TST value has since dropped to $0.22 on the time of writing, but it nonetheless holds a powerful market cap of roughly $208K, reflecting a 22% hike prior to now 24 hours.
Regardless of the safety considerations, BNB Chain continues to broaden, not too long ago surpassing 500 million distinctive lively addresses.
