The post Odin.fun Hit by $7 Million Bitcoin Exploit appeared first on Coinpedia Fintech News
Odin.fun, a Bitcoin-based memecoin launchpad, suffered a major exploit resulting in a $7 million Bitcoin loss. Attackers manipulated the price of the SATOSHI meme token in a liquidity pool, inflating its value before draining funds. This caused Odin.fun to suspend all trading and withdrawals to protect users’ assets. The platform’s founder confirmed the breach and said they are investigating while working with security experts and law enforcement. The event has shaken user confidence and disrupted the platform’s operations.