Meme coin launchpad Four.Meme suffered its second significant exploit in two months due to a critical flaw in its liquidity mechanism. The breach was initially flagged by SlowMist, indicating the attack exploited vulnerabilities within the platform's smart contract. The attacker managed to manipulate pricing in the liquidity pool by sending tokens to a non-existent address, allowing them to create a liquidity pair at an incorrect price. As a result, funds worth over $174,000 were siphoned from the liquidity pool. Four.Meme halted its launch function following the exploit and announced measures to compensate affected users. They resumed operations after conducting security checks, highlighting ongoing risks in decentralized platforms, especially those managing meme coins. Recent events at other DeFi platforms, such as zkLend, reflect similar vulnerabilities in the ecosystem.

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