Hackers drained pipes over $2.15 million from Mobius Token ($ MBU) wise agreements on the BNB Chain in a targeted make use of found early May 11, according to security company Cyvers Notifies.
The assailant released the agreement from address 0xb32a53 … at 07:31:38 UTC and started the make use of at 07:33:56 UTC, draining pipes funds from the victim wallet 0xb5252f …
Cyvers verified to Cointelegraph that the assailant utilized agreement 0x631adf … to perform a series of destructive deals. The wise agreement drained pipes 28.5 million MBU tokens and transformed them into stablecoins, leading to a bottom line of $2,152,219.99 for the victim.
In overall, the assailant took 28.5 million MBU tokens and transformed them to $2.15 million worth of USDT.
Cyvers identified the make use of as “vital” and kept in mind the assailant’s usage of suspicious agreement code and irregular deal patterns.
The assailant’s wallet stays active and has actually kept the taken funds since publication. Mobius Token’s group has actually not yet launched a main declaration.
” 2 minutes prior to the make use of, our system determined a release of a destructive wise agreement that ultimately targeted the Mobius Token wise agreements,” Cyvers composed on X.
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Crypto losses near $360 million in April
In April 2025, blockchain security company PeckShield reported that the area saw almost $360 million in digital possessions taken throughout 18 hacking events.
April’s losses reveal a 990% boost compared to March, when crypto lost to hacks amounted to about $33 million. The biggest piece of the losses originated from an unapproved Bitcoin transfer.
On April 28, blockchain detective ZachXBT flagged a suspicious transfer of $330 million in BTC. The detective later on verified that the transfer was a social engineering attack targeting a senior person in the United States.
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