Mobius Token Exploit Hits BNB Chain, Stealing $2.1M in DeFi Hack

A critical exploit on May 11, 2025, saw $2.1 million drained from the Mobius Token smart contracts on the BNB Chain. The attack was carried out by deploying a malicious contract, exposing vulnerabilities in DeFi protocols and prompting concerns about security within the cryptocurrency market. While the Mobius team has remained silent regarding the incident’s details, security firms Cyvers Alerts and PeckShield have pinpointed the attacker’s techniques, including malicious contract deployment. The lack of immediate statements from Mobius leadership raises questions about system vulnerabilities, underscoring the need for transparency in such situations.