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Binance's memecoin platform loses almost $200K in hack

Binance’s memecoin platform, Four Meme, has suffered a malicious attack that’s reportedly led to losses of more than $180,000 worth of Binance Coin (BNB). Four Meme shared an “Emergency Announcement” today that said, “We are currently experiencing a malicious attack, and our team has intervened immediately to address the issue.”  It added, “To ensure security, token LP launched on @PancakeSwap is temporarily suspended, and will be reopened once our development team completes the fix, on-chain trading is operating normally.” Emergency Announcement We are currently experiencing a malicious attack, and our team has intervened immediately to address the issue. To ensure security, token LP launched on @PancakeSwap is temporarily suspended, and will be reopened once our development team completes… pic.twitter.com/kll3tI5Pme — Four.Meme (@four_meme_) February 11, 2025 Read more: Whitehat hacker rescues $1.5M from first DeFi hack of 2025 According...