Close Menu
Altcoin ObserverAltcoin Observer
  • Regulation
  • Bitcoin
  • Altcoins
  • Market
  • Analysis
  • DeFi
  • Security
  • Ethereum
Categories
  • Altcoins (2,970)
  • Analysis (3,103)
  • Bitcoin (3,714)
  • Blockchain (2,157)
  • DeFi (2,623)
  • Ethereum (2,513)
  • Event (112)
  • Exclusive Deep Dive (1)
  • Landscape Ads (2)
  • Market (2,714)
  • Press Releases (11)
  • Reddit (2,399)
  • Regulation (2,461)
  • Security (3,575)
  • Thought Leadership (3)
  • Uncategorized (2)
  • Videos (43)
Hand picked
  • What about Ethereum and other crypto, they are all compute powers?
  • Former Los Angeles lawmaker sentenced to 5 years in prison in ‘Crypto Godfather’ extortion case
  • PIPPIN Crypto Falls -45%: $200 Million Wiped From Market Cap as Traders Target New Coin Meme
  • Bitcoin Trend Reversal Possible If $74,000 Holds, Will Altcoins Follow?
  • EvoCash connects Web3 and traditional finance with MSB-registered Web3-compliant USD accounts, eliminating crypto-related account freezes
We are social
  • Facebook
  • Twitter
  • Instagram
  • YouTube
Facebook X (Twitter) Instagram
  • About us
  • Disclaimer
  • Terms of service
  • Privacy policy
  • Contact us
Facebook X (Twitter) Instagram YouTube LinkedIn
Altcoin ObserverAltcoin Observer
  • Regulation
  • Bitcoin
  • Altcoins
  • Market
  • Analysis
  • DeFi
  • Security
  • Ethereum
Events
Altcoin ObserverAltcoin Observer
Home»DeFi»Mobius Defi Hack on the BNB channel leads to a loss of $ 2.15 million
DeFi

Mobius Defi Hack on the BNB channel leads to a loss of $ 2.15 million

May 12, 2025No Comments
Share Facebook Twitter Pinterest LinkedIn Tumblr Reddit Telegram Email
Bic artwork hack theft stolen crime.png
Share
Facebook Twitter LinkedIn Pinterest Email


A critical vulnerability in the intelligent Mobius token (MBU) toy contract on the BNB intelligent channel led to a loss of $ 2.15 million, adding to the growing list of crypto exploits in 2025. Mobius is a less known project in the BNB ecosystem.

The attack, confirmed by the web security company CYVER on May 11, involved a malicious pirate who took advantage of a flaw in the MBU race mechanism.

Mobius Attacker Moves Fund via Tornado Cash

According to Cyvers, the incident started at 07:31 UTC when a portfolio (0xB32A5) deployed a thug contract. Two minutes later, another address (0x631adf) launched a series of suspicious transactions.

Using only 0.001 BNB, the attacker struck 9.73 MBU quadrillion tokens by 9.73 and quickly exchanged them for stablescoins, which reported $ 2.15 million. In the same process, the attacker also won 28.5 million additional MBU tokens.

After the feat, stolen assets were transferred to Tornado Cash, a popular protocol that anonymously anonymous.

The Mobius striker's fund is circulating in cash torade.
The Mobius striker’s fund is circulating in cash torade. Source: Cywers

The exploit method and speed point towards a calculated movement to escape the follow -up and recovery of assets. This incident also highlights the persistent vulnerabilities facing intelligent contracts based on contracts.

Meanwhile, this hacking of Mobius makes it the last victim of a wave of blockchain exploits which led to a loss of around $ 2 billion on various platforms, including Bebit.

Mobius Defi Hack
Mobius exhausted funds. Source: Cywers

BNB Chain Activity Surcs

Despite isolated incidents such as Mobius violation, the BNB channel attends a significant resurgence of user and developers’ activity. In recent months, the network has reappeared as a superior contender in the DEFI space.

Defillama’s data show that the total locked value (TVL) on the BNB channel exceeded $ 10 billion, reaching a three -year summit. However, it is still significantly lower than the highest in 2021 more than $ 40 billion.

BNB Chain TVL.
BNB Chain TVL. Source: Defillama

The BNB chain also recently claimed the first place in the decentralized trade sector (DEX), exceeding Ethereum and Solana.

Market observers have noted that network growth is fueled by new institutional interests, an increase in the participation of the challenge and a high demand for chain assets.

In addition, the momentum can also be partly attributed to the continuous influence of Binance and the renewed concentration of Changpeng Zhao on the blockchain network.

Non-liability clause

In membership of the Trust project guidelines, Beincrypto has embarked on transparent impartial reports. This press article aims to provide precise and timely information. However, readers are invited to check the facts independently and consult a professional before making decisions according to this content. Please note that our terms and conditions, our privacy policy and our non-responsibility clauses have been updated.



Source link

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
Previous ArticleBlackrock increases its position in the iShares Bitcoin ETF by 124%, bringing its total holdings to $314 million
Next Article The Crypto-Mine trial stretches the debate on regulation and property

Related Posts

DeFi

Aave Revenue Grows Despite DAO Turmoil – Is Lending Now the Backbone of DeFi?

March 15, 2026
DeFi

BNB chain overtakes Ethereum, basis by number of AI agents

March 15, 2026
DeFi

Crypto News: Pepeto Announces Update on DeFi Exchange and Elon Musk Fuels Debate on $1 Dogecoin Price Prediction

March 15, 2026
Add A Comment
Leave A Reply Cancel Reply

Single Page Post
Share
  • Facebook
  • Twitter
  • Instagram
  • YouTube
Featured Content
Event

Riyadh 2026: The Global Platform for Enterprise AI Adoption

March 13, 2026

As enterprise AI rapidly evolves from experimental pilots to full-scale deployment, global organizations are rethinking…

Event

Istanbul Blockchain Week Launches Institutional Markets Summit: Pioneering Institutional Adoption of Digital Assets

March 12, 2026

Istanbul, Türkiye – March, 2026 – Istanbul Blockchain Week announces the launch of The Institutional…

1 2 3 … 78 Next
  • Facebook
  • Twitter
  • Instagram
  • YouTube

PIPPIN Crypto Falls -45%: $200 Million Wiped From Market Cap as Traders Target New Coin Meme

March 17, 2026

The Pharos Network Just Made It Easier for Large Investors to Trust DeFi

March 17, 2026

LayerZero Rebounds 11% as Market Activity Overheats: Can ZRO Surpass $2.28?

March 17, 2026
Facebook X (Twitter) Instagram LinkedIn
  • About us
  • Disclaimer
  • Terms of service
  • Privacy policy
  • Contact us
© 2026 Altcoin Observer. all rights reserved by Tech Team.

Type above and press Enter to search. Press Esc to cancel.

bitcoin
Bitcoin (BTC) $ 74,351.00
ethereum
Ethereum (ETH) $ 2,342.83
tether
Tether (USDT) $ 1.00
xrp
XRP (XRP) $ 1.51
bnb
BNB (BNB) $ 669.80
usd-coin
USDC (USDC) $ 0.999922
solana
Solana (SOL) $ 94.39
tron
TRON (TRX) $ 0.304481
figure-heloc
Figure Heloc (FIGR_HELOC) $ 1.03
staked-ether
Lido Staked Ether (STETH) $ 2,265.05