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    Home»Cryptocurrency»Mobius Exploited for $2.1M While Scammers Breach Ledger’s Social Media 
    Cryptocurrency

    Mobius Exploited for $2.1M While Scammers Breach Ledger’s Social Media 

    Finance Insider TodayBy Finance Insider TodayMay 12, 2025No Comments3 Mins Read
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    The Mobius DeFi and real-world asset tokenization platform suffered a wise contract exploit on the BNB Chain on Could 11, resulting in the theft of $2.15 million in Mobius Tokens (MBU), reported blockchain safety agency Cyvers.

    “Two minutes previous to the exploit, our system recognized a deployment of a malicious good contract that ultimately focused the Mobius Token good contracts,” Cyvers acknowledged.

    They added that the attacker executed a number of malicious transactions through the contract, concentrating on the sufferer’s tackle.

    Nonetheless, there was no point out of the exploit on the MobiusDAO X feed.

    ALERT
    Our system has detected an exploit on Mobius Token good contracts, draining over $2.15M in Mobius Token ($MBU) on BNB Chain.

    Two minutes previous to the exploit, our system recognized a deployment of a malicious good contract, that ultimately focused the Mobius Token… pic.twitter.com/NEG5AXdfoc

    — Cyvers Alerts (@CyversAlerts) May 11, 2025

    MBU Crashes to Zero

    Cyvers added that the hacker shortly deposited the stolen loot into the crypto mixer Twister Money to obfuscate the transactions.

    Blockchain safety agency CertiK additionally posted an alert stating that the hacker minted 9.7 quadrillion BEP-20 MBU tokens, which they swapped out for stablecoins.

    The transaction file additionally indicated that the hacker deposited simply 0.001 wrapped BNB, value round $0.65, and was in a position to exploit the good contract.

    In consequence, the MBU token worth crashed to zero, according to DEXscreener.

    Ethereum’s newest Pectra community improve has additionally launched a harmful new assault vector that would enable hackers to empty funds from wallets utilizing solely an offchain signature, reported safety researchers over the weekend.

    Ledger, a Hacking Sufferer … Once more

    Mobius just isn’t the one hack sufferer this weekend. French {hardware} pockets maker Ledger has been the sufferer of hacking but once more.

    Over the weekend, an attacker compromised a contracted moderator’s account on Ledger’s Discord channel and used it to submit rip-off hyperlinks.

    Customers have been advised a couple of false “vulnerability” and urged to “confirm restoration phrases” through a malicious hyperlink. Ledger managed to regain management of its account and take away the malicious hyperlinks.

    Former Binance CEO Changpeng Zhao commented on the newest Ledger assault, stating, “Social community accounts for a crypto firm are sometimes the weakest hyperlinks.”

    Simply received this safety warning.

    Ledger’s Discord admin account was hacked. The scammer falsely claimed a safety flaw and urged customers to enter their restoration phrases on a phishing web site.

    Classes:
    1. By no means quit your personal key restoration phrases irrespective of who’s doing the…

    — CZ BNB (@cz_binance) May 12, 2025

    Ledger has been embroiled in scams and hacks over the previous 5 years.

    In April, scammers despatched bodily letters to Ledger homeowners requesting seed phrases in a rip-off that could be related to Ledger’s 2020 data breach, which uncovered private data and bodily addresses of greater than 270,000 clients.

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