Odin.fun users panic as suspicious withdrawals drain deposits

Description

Odin.fun, a Bitcoin-based memecoin launchpad, has suspended trading and withdrawals after deposits on the platform plunged by nearly 20% in less than two hours, sparking fears of a serious security breach. An alarm was raised by an X user, @web3xiaoba , who said the platform’s Bitcoin deposits fell from 291 BTC to 232.8 BTC, a loss of roughly 58.2 BTC. The account also identified two addresses allegedly involved in the transactions and claimed the exploit was carried out by manipulating liquidit...