Four Meme Restores Token Launch After $130K BNB Theft

• Four Meme fixes a $130K BNB theft vulnerability, restores launch feature, and compensates affected users for their losses.
• Four Meme resumes token launch and offers compensation to those impacted by the $130K BNB theft.
• Four Meme restores its launch function on BNB Chain after addressing a security breach and begins compensating affected users.

Four Meme resumed its token launch function on the BNB Chain after fixing a security issue that caused a $130,000 theft of Binance Coin (BNB). Four Meme disabled its launch mechanism during an emergency investigation after discovering the security vulnerability.

After the attack, the platform stopped its launch features and the team worked immediately to review the situation. The launch feature returned to Four Meme on March 18 after extensive security checks confirming its restoration. The team provided users with confirmation that system security measures had been strengthened to stop future vulnerabilities.

Compensation for Affected Users

Four Meme has started offering compensation benefits to users whose accounts were affected by the breach. According to the recent tweet, all individuals negatively affected by the breach will receive compensation. Users can now access a damage submission form on the website, which enables them to report claims together with their relevant details to support the processing procedures.

Users require verification in the system before receiving payout proceeds that will be processed throughout the week. Four Meme maintains active efforts to secure the platform while keeping secret the precise details regarding the attack and vulnerability it faced.

Four Meme Previous Attack and Vulnerability Exploit

Two major security breaches have occurred at Four Meme within this past few months. In February before this attack Four Meme faced a liquidity manipulation event that caused losses between $183,000 and $200,000. At that time PancakeSwap ceased operations for its liquidity pool.

Security experts identified a bug in the 0x7f79f6df function as the cause of the current vulnerability. The security bug enabled unauthorized token buying before launch time evading standard transfer protocols to modify asset liquidity at an unexpected Market value. Blockchain security experts tracked the stolen funds through a transaction on the FixedFloat exchange.

According to recent breaches of Four Meme the company expedited service restoration and demonstrated their dedication to operational reliability while providing compensation to breach victims.