Four.Meme Suffers Fresh Attack, Loses $130,000 in Funds
Four.Meme Falls Victim Once More
Blockchain security firm SlowMist was the first to issue a security alert regarding the exploit and revealed that an attacker manipulated the 0x7f79f6df function to gain an unfair advantage before the token’s official launch on Four.Meme.
Exploit Details
The attacker purchased a small number of tokens early, sent them to a PancakeSwap Pair address that had not yet been created, and established the Pair without being subject to the transfer restrictions (MODE_TRANSFER_RESTRICTED) that were meant to prevent unauthorized transactions before launch. By setting liquidity at an unintended price, the attacker ultimately drained pool liquidity, resulting in significant financial losses for the project and its users.
Attack Confirmed, Launch Function Suspended
Four.Meme has confirmed the attack and has suspended its launch function. Affected users can submit damage claims for verification. Once the review process is complete, the platform has assured that compensation will be provided within the week to those impacted.
Quote from Four.Meme
"Currently, Four.Meme is under attack, and the launch function has been suspended for emergency investigation. Our team is working hard to fix the problem and ensure system security. Thank you for your understanding and support. We will continue to update the progress."
A Familiar Problem
This isn’t the first time Four.Meme has faced security breaches. In February, an attacker exploited platform vulnerabilities, leading to a loss of $183,000. The perpetrator set up a fake liquidity pool on PancakeSwap V3 ahead of the legitimate one and manipulated liquidity mechanics.
Global Crypto Hack Statistics
The crypto industry has already suffered $1.6 billion in losses in 2025. According to Web3 security services platform Immunefi’s latest report, the figure marks an 8x rise from last year’s $200 million during the same period. February alone accounted for $1.53 billion in losses across nine major security incidents – an 18x increase from the $81.6 million reported in February 2024.
FAQs
Q: What happened in the latest attack on Four.Meme?
A: An attacker manipulated the 0x7f79f6df function to gain an unfair advantage before the token’s official launch on Four.Meme, resulting in the theft of approximately 200 BNB (worth around $130,000).
Q: What is the current status of the launch function on Four.Meme?
A: The launch function has been suspended for emergency investigation and review.
Q: How will affected users be compensated?
A: Affected users can submit damage claims for verification, and once the review process is complete, the platform has assured that compensation will be provided within the week to those impacted.
Q: What is the total amount of losses suffered by the crypto industry in 2025?
A: The crypto industry has already suffered $1.6 billion in losses in 2025, an 8x rise from last year’s $200 million during the same period.
