“The odin.fun memcoin platform was attacking the Bitcoin.Fun network, which was lost by 58.2 BTC (~ $ 7 million). The incident was reported by the Analytical company Peckshield. #Peckshshilendert an @odin_godofrunes Community Member Reported That 58.2 $ BTC (WORTH ~ $ 7M) Were Drained From The Platform. – Hackers Added Liquidity (EG, VIA $ Satoshi) – Artificial Inflated The Token Price – Removed Liquidity to […]”, – WRITE: Businessua.com.ua
The odin.fun memcoin platform was attacking the Bitcoin.Fun network, which was lost by 58.2 BTC (~ $ 7 million). Analytical company reported the incident Peckshield.
#Peckshshilendert an @odin_godofrunes Community Member Reported That 58.2 $ BTC (WORTH ~ $ 7M) Were Drained From The Platform.
– Hackers Added Liquidity (EG, VIA $ Satoshi)
– Artificial Inflated the Token Price
– Removed Liquidity to Receive BTC ReturnsAttacker Addresses:
-… pic.twitter.com/igszujb1i– PECKSHIELDALLERT (@Peckshieldalert) August 13, 2025
According to the user under the nickname Web3xiaoba, the attackers have been attacked by manipulating security.
Odinfun 平台 @odin_godofrunes 疑似出了漏洞，不到 2 个小时存款从 291 个 BTC 骤降至 232.8 个 BTC ，少了整整 58.2 个 BTC 。昨天还在欢呼新 UI 上线，今天就成了黑客提款机，币圈就是这么神奇的地方吗？… pic.twitter.com/fc9jro8vcb
– 小巴 (@web3xiaoba) August 12, 2025
They added tokens for artificial overestimation of cost, then removed their liquidity, receiving bitcoin instead. In less than two hours, platform-deposits have decreased from 291 BTC to 232.8 BTC.
The co -founder of the project Bob Bodili confirmed the fact of the incident.
Apologies for the delay in responing to Today’s Event. We Know It’s Been Over 8 Hours Since the Exploit and Our Silence Has Likely Been Freustration for Many of You. We Wanted to Speak Sooner But Needed Time to Verify The Factors and Take Immediaate Action to Protect User Funds.…
– BOB BODILY, PHD 👋 | #Btc #th #icp 🧙🏽️ (@bobbodily) August 13, 2025
He noted that the company’s reserves are not enough to cover all losses, but the assets remaining on the platform are safe.
According to Bodyl, the attackers used the vulnerability in the automatic market. He also suggested that the guns associated with China. The team is already working on the compensation plan for the affected users and attracted experts for a full security audit. Check can last up to a week.
The project appealed to US law enforcement agencies. Odin.fun also cooperates with OKX and Binance exchanges, which have been involved in the Chinese authorities.
In his address to the hackers of Bodili, he put forward an ultimatum.
“You have a short period of time to get back the money until it’s too late. It’s not negotiations. You have one chance to limit the consequences and avoid persecution. Most of you are already identified, and we will spend as much time and resources as it will take to return the stolen, ”he wrote.
We will remind, earlier cybercriminals accelerated the laundering of cryptoactives, reaching the record rate of the transfer in 4 seconds.
The gun
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