Four.Meme, a BNB Chain-based meme coin launchpad, suspended its token launch feature after falling prey to a recent hacking incident. Since its launch in 2024 the platform has gained substantial popularity, but it is now facing its second security breach within only a month which creates safety concerns about decentralized finance (DeFi) projects.
What is Four.Meme?
The Four.Meme platform has transformed into the preferred platform for users interested in meme coins. The platform allows more than 27,000 unique creators to have developed over 52,000 tokens since its initial launch.
Users find Four.Meme attractive because of its simple interface together with inexpensive token generation which makes the platform accessible to many users. Four.Meme promotes fair launches through its system which avoids pre-sales and team allocations, so every participant faces the same conditions.
The crypto community appreciates the distinctive method through which the project distributes memecoins to its users.
Event Details: A Comprehensive Examination of the Attack and Reaction to Four.Meme's Second Security Breach in a Month
The token launch function of Four.Meme became suspended following a malicious attack on March 18, 2025 which forced an immediate investigation. SlowMist discovered that the pre-launch platform contained a security hole which led to the malicious attack.
An attacker took advantage of this system flaw to carry out unauthorized transfers which resulted in draining liquidity pools by submitting incorrect liquidity adding parameters.
The attack resulted in unknown financial losses, but Four.Meme promised to pay back victims who need to submit their details through the provided form.
A recent attack occurred after a previous digital asset theft on February 11, 2025, which caused $183,000 worth of losses.
The team at the platform continues working with security experts to determine the full extent of the breach while fixing the necessary security issues. All communications regarding continued investigation work and solution implementation will be disclosed officially through their designated channels.
Possible Effects on Market Dynamics and User Trust
Security issues exist at Four. DeFi platforms continue to work on addressing major security issues through the implementation of robust security protocols, as shown in memes. Security problems within cryptocurrency systems cause market participants to lose trust in platforms together with their reputations.
The implementation of security scanning and continuous monitoring by DeFi platforms is directly linked to SEC enforcement as the DeFi sector expands. The market value of Four.meme tokens may experience impacts when platform token launch functions are deactivated, leading to short-term platform usage declines.
In Conclusion
System security at Four.Meme receives dedicated attention, although the platform lacks a system to track forthcoming developments in meme coin security standards and decentralized finance security solutions. The general public needs to carry out extensive research before investing in new blockchain projects.
