The Mobius Token ($MBU) suffered an exploit in a smart contract on the BNB chain, resulting in a loss of $2.15 million. This exploit, discovered by the security firm Cyvers Alerts, occurred in the early hours of May 11.

According to the security firm, the hackers deployed the contract from address 0xb32a53... at 07:31:38 UTC and began the exploit at 07:33:56 UTC, draining funds from the victim's wallet 0xb5252f...

According to the report, Cyvers stated that the attacker used contract 0x631adf... to execute a series of malicious transactions. The smart contract drained approximately 28.5 million MBU tokens worth around $2,152,219.99 and converted them to stablecoins after the theft.

The Mobius platform suffered an exploit of a smart contract on the BNB chain.

According to Cyvers' statement, the Mobius exploit was "serious", as the platform noted the attacker’s use of suspicious contract code and unusual transaction patterns.

Cyvers posted on platform X: "Two minutes before the exploit, our system detected the deployment of a malicious smart contract that ultimately targeted Mobius Token's smart contracts." As of the time of writing this report, the attacker's wallet remains active.

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