<ul><li>Hackers drained $2.15 million from Mobius Token smart contracts on the BNB Chain on May 11.</li><li>The attacker converted 28.5 million MBU tokens to USDT using a malicious contract.</li><li>Cyvers Alerts confirmed the exploit, labeling it as critical due to suspicious code and abnormal transactions.</li><li>The incident illustrates the growing security concerns in DeFi as recent hacks have led to substantial losses in the crypto space.</li></ul>

Mobius Token Hit by $2.15M BNB Chain Exploit as DeFi Security Concerns Grow

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