Four Meme Hack: How the Attack Affects Meme Tokens and Investor Confidence

Four Meme Hack: What You Should Know About the Security Breach and Its Effect on TST Token

Four Meme Hack– The BNB Chain-based meme token launch platform, Four.Meme, recently became the victim of a security breach, drawing attention to vulnerabilities in the growing meme token market. On February 11, Four.Meme acknowledged the attack, stating, “We are currently experiencing a malicious attack, and our team has intervened immediately to address the issue,” via a post on X.

Platform Assures Users That Internal Funds Are Safe

In their statement, Four.Meme reassured its users that internal funds remain “unaffected by the attack.” Despite the breach, the platform is confident that their users’ assets are secure. This attack is a reminder of the ongoing security challenges in the crypto space, as hacks and exploits continue to damage the industry’s reputation and hinder widespread adoption. While crypto hacks saw a 44% decrease in January 2025 compared to the previous year, over $73 million was still stolen in the month alone.

TST Token Surge Brings Four.Meme Into the Spotlight

Four.Meme’s exposure to the broader crypto market grew after the dramatic rise and fall of the Test (TST) token. On February 9, TST briefly reached a market cap of $489 million, before plummeting more than 50%, leaving it at a market cap of $215 million. This rise was fueled by speculation, with TST being showcased in a brief segment of a BNB Chain tutorial video, solely for test purposes.

Binance co-founder Yi He recently acknowledged the flaws in Binance’s token listing process, which allowed arbitrage opportunities for decentralized exchange traders, leading to TST’s brief surge. The transparency of listing procedures is now being reconsidered, especially regarding criteria like ROI, market performance, and innovation potential.

As the industry faces ongoing security concerns, the Four.Meme breach serves as a stark reminder for users and platforms to remain vigilant.

Disclaimer: This article is for informational purposes only and does not constitute investment advice. Cryptocurrencies and stocks, particularly in micro-cap companies, are subject to significant volatility and risk. Please conduct thorough research before making any investment decisions.