Bitcoin-based Meme Platform Odin.fun Drained of 58.2 BTC Valued at $7M

Odin.fun, a memecoin launchpad on the Bitcoin network, has been siphoned 58.2 BTC, valued at about $7 million. The Odin.fun compromise happened on Wednesday, with on-chain data analysis showing involvement from China-based hacking groups.  According to Bob Bodily, the co-founder of Odin.fun, the company’s treasury is not sufficient to cover the losses incurred by users […] The post Bitcoin-based Meme Platform Odin.fun Drained of 58.2 BTC Valued at $7M appeared first on Coin Edition.