Binance Chain-based Meme Coin Protocol Fourmeme Suffers $120,000 Loss from Hacking

Source
Uk Jin

Summary

  • Fourmeme reported suffering a loss of approximately $120,000 due to a hacking attack on Binance Chain.
  • The damage reportedly occurred during the process of adding liquidity to PancakeSwap.
  • This incident emphasizes the need for meme coin investors to be cautious about security issues.

Fourmeme, known as the pump fund on Binance Chain, has reportedly suffered a hacking attack.

According to a Fourmeme representative on the 18th (local time), Fourmeme was hacked, resulting in a loss of approximately $120,000 (about 174 million KRW).

The representative explained that "all contracts were perfect," but added that "it appears that the transaction Fourmeme conducted to add liquidity to PancakeSwap was leaked."

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Uk Jin

wook9629@bloomingbit.ioH3LLO, World! I am Uk Jin.
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