Mobius Token Suffers $2.1 Million BNB Chain Exploit

On May 11, 2025, a security breach targeting Mobius Token’s smart contracts on the BNB Chain resulted in a theft of $2.15 million. This incident underscores vulnerabilities within the DeFi ecosystem and raises concerns about investor confidence and market stability. 28.5 million MBU tokens were swapped for USDT following the attack, highlighting the need for robust security measures across decentralized finance projects. Cyvers Alerts, a leading security firm, played a crucial role in detecting this exploit two minutes before it occurred, emphasizing the importance of timely interventions to mitigate such attacks.