Four.Meme Restores Token Launch After $130,000 Exploit on BNB Chain

On March 18, 2024, Four.Meme, a memecoin launchpad on BNB Chain, resumed its token launch function after an exploit resulted in a $130,000 loss. The platform had suspended the function for emergency investigation following the attack. According to reports, the attacker exploited a vulnerability in the 0x7f79f6df function, allowing them to purchase tokens before launch and manipulate liquidity on PancakeSwap. Four.Meme has begun compensating affected users and urged them to submit claims. This marks the second significant exploit on Four.Meme in less than two months, with a previous incident on February 11 resulting in losses estimated between $183,000 and $200,000.