Hackers drained over $2.15 million from Mobius Token ($MBU) good contracts on the BNB Chain in a focused exploit detected early Might 11, in line with safety agency Cyvers Alerts.

The attacker deployed the contract from tackle 0xb32a53… at 07:31:38 UTC and initiated the exploit at 07:33:56 UTC, draining funds from the sufferer pockets 0xb5252f…

Cyvers confirmed to Cointelegraph that the attacker used contract 0x631adf… to execute a sequence of malicious transactions. The good contract drained 28.5 million MBU tokens and transformed them into stablecoins, leading to a internet lack of $2,152,219.99 for the sufferer.

In complete, the attacker stole 28.5 million MBU tokens and transformed them to $2.15 million value of USDT.

Cyvers labeled the exploit as “critical” and famous the attacker’s use of suspicious contract code and irregular transaction patterns.

The attacker’s pockets stays lively and has retained the stolen funds as of publication. Mobius Token’s group has not but launched an official assertion.

“Two minutes prior to the exploit, our system identified a deployment of a malicious smart contract that eventually targeted the Mobius Token smart contracts,” Cyvers wrote on X.

Associated: Bybit hacker launders 100% of stolen $1.4B crypto in 10 days

Crypto losses close to $360 million in April 

In April 2025, blockchain safety agency PeckShield reported that the house noticed practically $360 million in digital property stolen throughout 18 hacking incidents. 

April’s losses present a 990% improve in comparison with March, when crypto misplaced to hacks totalled about $33 million. The biggest chunk of the losses got here from an unauthorized Bitcoin switch. 

On April 28, blockchain investigator ZachXBT flagged a suspicious switch of $330 million in BTC. The investigator later confirmed that the switch was a social engineering assault concentrating on an aged particular person in america. 

Journal: 12 minutes of nail-biting pressure when Ethereum’s Pectra fork goes dwell