title: Hackers drained over $2.15 million from Mobius Token ($MBU) smart contracts

Hackers have stolen over $2.15 million from Mobius Token (MBU) smart contracts on the BNB Chain in a targeted exploit detected early on May 11, according to security firm Cyvers Alerts.

The attacker deployed the contract from address 0xb32a53… at 07:31:38 UTC and initiated the exploit at 07:33:56 UTC, draining funds from the victim wallet 0xb5252f….

As confirmed by Cyvers to , the attacker used contract 0x631adf… to execute a series of malicious transactions. The smart contract drained 28.5 million MBU tokens and converted them into stablecoins, resulting in a net loss of $2,152,219.99 for the victim.

In total, the attacker stole 28.5 million MBU tokens and converted them to $2.15 million worth of USDT.

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

The attacker’s wallet remains active and has retained the stolen funds as of press time. Mobius Token’s team has not yet released an official statement.

“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.

Critical Exploit Detected: Hackers Stole $2.15 Million From Mobius Token Smart Contracts

Our system detected the deployment of a malicious smart contract at 07:31:38 (UTC) on BNB Chain. Two minutes later, the attacker began exploiting Mobius Token smart contracts at 07:33:56 (UTC).

The attacker's wallet is still active with the stolen funds. Mobius Token's team has not yet released an official statement regarding the incident.https://t.me/scam_crypto_alertss

— Cyvers Alerts (@cyvers_alerts) May 11, 2024

Crypto losses near $360 million in April

Crypto losses near $360 million in April

In April 2025, blockchain security firm PeckShield reported that the crypto space saw nearly $360 million in digital assets stolen across 18 hacking incidents.

In April 2025, blockchain security firm PeckShield reported that the crypto space saw nearly $360 million in digital assets stolen across 18 hacking incidents.

April’s crypto losses show a 990% increase compared to March, when crypto lost to hacks totalled about $33 million. The largest chunk of the losses came from an Bitcoin transfer.

April’s crypto losses show a 990% increase compared to March, when crypto lost to hacks totalled about $33 million. The largest chunk of the losses came from an Bitcoin transfer.

On April 28, blockchain investigator ZachXBT flagged a suspicious transfer of $330 million in BTC. The investigator later confirmed that the transfer was a social engineering attack targeting an elderly individual in the United States.