{"id":129011,"date":"2025-05-11T10:15:48","date_gmt":"2025-05-11T10:15:48","guid":{"rendered":"http:\/\/cryptospotters.net\/?p=129011"},"modified":"2025-05-11T10:15:48","modified_gmt":"2025-05-11T10:15:48","slug":"mobius-token-smart-contracts-on-bnb-chain-exploited-2-1m-drained","status":"publish","type":"post","link":"http:\/\/cryptospotters.net\/?p=129011","title":{"rendered":"Mobius Token smart contracts on BNB Chain exploited, $2.1M drained"},"content":{"rendered":"<p>Source: Cointelegraph.com NewsHackers drained over $2.15 million from Mobius Token ($MBU) smart contracts on the BNB Chain in a targeted exploit detected early May 11, according to security firm Cyvers Alerts.<br \/>\nThe attacker deployed the contract from address 0xb32a53&#8230; at 07:31:38 UTC and initiated the exploit at 07:33:56 UTC, draining funds from the victim wallet 0xb5252f&#8230;<br \/>\nCyvers confirmed to Cointelegraph that the attacker used contract 0x631adf&#8230; to execute a series of malicious transactions. The smart contract drained 28.5 million MBU tokens and converted them into stablecoins, resulting in a net loss of $2,152,219.99 for the victim.<br \/>\nIn total, the attacker stole 28.5 million MBU tokens and converted them to $2.15 million worth of USDT.<br \/>\nCyvers labeled the exploit as \u201ccritical\u201d and noted the attacker\u2019s use of suspicious contract code and abnormal transaction patterns.<br \/>\nThe attacker\u2019s wallet remains active and has retained the stolen funds as of publication. Mobius Token\u2019s team has not yet released an official statement.<br \/>\n\u201cTwo minutes prior to the exploit, our system identified a deployment of a malicious smart contract that eventually targeted the Mobius Token smart contracts,\u201d Cyvers wrote on X.<br \/>\nSource: Cyvers AlertsRelated:\u00a0Bybit hacker launders 100% of stolen $1.4B crypto in 10 days<br \/>\nCrypto losses near $360 million in April\u00a0<br \/>\nIn April 2025, blockchain security firm PeckShield reported that the space saw nearly $360 million in digital assets stolen across 18 hacking incidents.\u00a0<br \/>\nApril\u2019s losses show a 990% increase compared to March, when crypto lost to hacks totalled about $33 million. The largest chunk of the losses came from an\u00a0unauthorized Bitcoin transfer.\u00a0<br \/>\nOn April 28, blockchain investigator ZachXBT flagged a suspicious transfer of $330 million in BTC. The investigator later confirmed that the transfer was a social engineering attack targeting an elderly individual in the United States.\u00a0<br \/>\nMagazine:\u00a012 minutes of nail-biting tension when Ethereum\u2019s Pectra fork goes live<a href=\"https:\/\/cointelegraph.com\/news\/mobius-token-exploit-bnb-chain-2-1m-loss?utm_source=rss_feed&amp;utm_medium=rss&amp;utm_campaign=rss_partner_inbound\" target=\"_blank\" class=\"feedzy-rss-link-icon\" rel=\"noopener\">Read More<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>Source: Cointelegraph.com NewsHackers drained over $2.15 million from Mobius Token ($MBU) smart contracts on the BNB Chain in a targeted exploit detected early May 11, according to security firm Cyvers&hellip; <\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[5],"tags":[],"_links":{"self":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/129011"}],"collection":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=129011"}],"version-history":[{"count":0,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/129011\/revisions"}],"wp:attachment":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=129011"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=129011"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=129011"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}