The Four.Meme platform, operating on the BNB chain, resumed its activities after a sandwich attack that resulted in the theft of $120,000. The platform announced on March 18 that it has fixed the security issue and resumed token launch functionality. The Four.Meme team confirmed that the security flaw has been addressed, and the process of compensating affected users is underway. According to the security company ExVul, the attacker exploited a vulnerability before the official launch and manipulated the market to bypass token transfer restrictions. CertiK also verified this attack, explaining that the hacker moved an unbalanced amount of tokens to the liquidity pool address before the official launch and then manipulated the price. This is the second attack on Four.Meme in the past two months. Earlier on February 11, an attack on the platform resulted in a theft of $183,000.
Four.Meme platform resumes operations after hacker attack. Security vulnerabilities exploited. Second attack in two months.