Four.Meme hit by malicious attack, leading to $183K loss

Four.Meme has suffered a malicious attack, leading to a $183K loss and the temporary suspension of its token liquidity pool on PancakeSwap.

Four.Meme, the Binance Smart Chain-based memecoin launch platform, has recently announced that it was hit by a malicious attack, prompting the temporary suspension of its token liquidity pool on PancakeSwap. The platform reassured users that internal funds are secure, unaffected by the exploit. Despite this, the attack resulted in the loss of approximately $183K worth of digital assets, according to blockchain security firm PeckShield. 

The Four.Meme’s exploit is just the latest in a string of incidents affecting crypto platforms. In Jan. 2025, Gem Pad, another meme coin launchpad platform, suffered an exploit that led to an estimated $2.2 million loss across multiple chains and tokens. 

On a brighter note, the Four.Meme incident had little impact on memecoin (MEME), its native token, which has risen about 5% in the past 24 hours, according to Coinmarketcap. 

Four.Meme was in the spotlight just yesterday when the BNB Chain team launched a test token (TST) as part of a tutorial video demonstrating the Four.Meme launchpad. Initially meant for educational purposes, TST unexpectedly surged by 1,100% in its first three days, reaching an all-time high 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 beyond its role in the tutorial. The TST price has since dropped to $0.22 at the time of writing, yet it still holds an impressive market cap of approximately $208K, reflecting a 22% hike in the past 24 hours.

Despite the security concerns, BNB Chain continues to expand, recently surpassing 500 million unique active addresses.