ODIN.FUN’s account violation of the founder of the founder and the $ 178K liquidation to stop platform activities
Alisa Davidson
Post: April 14, 2025 4:17 AM Update: April 14, 2025 4:17 am
Edit and fact confirmation: April 14, 2025 4:17 am
simply
Bob Bodily confirmed that Odin.fun temporarily suspended transactions and withdrawals after violating a personal account in a hacking case.
BOB BOB BOB BODY, co -founder of Bitcoin Ecosystem Trading Platform Odin.fun, confirmed that the platform temporarily suspended and withdraws after violating a personal account in a hacking case. The team is actively investigating the problem to ease more risks.
In the previous report, PeckShield, a blockchain security company, emphasized the price drop of ODINDOG, a bitcoin token listed on the platform, and decreased by 50% within the last 24 hours. In addition, a wallet related to the platform batch, BOB BODY, has been observed that the entire position of about $ 178,700 on the platform is cleared.
In the same statement, BOB states that the violation of security is limited to his account for Odin.fun and has not affected Bitcoin wallet.
According to Coingecko’s data, Odindog Token is traded at about $ 0.1917 at the time of this writing and is reflected that it has decreased by more than 48.3% over the last 24 hours.
What is Odin.fun?
According to the website, ODIN.FUN is becoming a high -speed trading platform for Bitcoin -based tokens that started in March. This platform allows users to quickly make tokens and make it easier to buy and sell through pumps. It also features an Integrated Automated Market Maker (AMM), allowing all transactions updated in real time and allowing almost fluid deposits and withdrawal.
Odin.fun works on the exclusive Bitcoin layer called “Valhalla”. This infrastructure provides the finality of 2 seconds and supports distributed bitcoin sediment and withdrawal through the threshold signature system (TSS) and removes existing gas fees. The user can log in with Bitcoin wallet, deposit BTC, start a single confirmation and start trading and access the platform.
This platform focuses on Bitcoin. Currently, ODIN.FUN will support run protocols and will expand to additional token standards in the near future.
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About the author
Alisa, a dedicated reporter for MPOST, specializes in the vast areas of Cryptocurrency, Zero-ehnowedge Proofs, Investments and Web3. She provides a comprehensive coverage that captures a new trend and a keen eye on technology, providing and involving readers in a digital financial environment that constantly evolves.
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Alisa Davidson
Alisa, a dedicated reporter for MPOST, specializes in the vast areas of Cryptocurrency, Zero-ehnowedge Proofs, Investments and Web3. She provides a comprehensive coverage that captures a new trend and a keen eye on technology, providing and involving readers in a digital financial environment that constantly evolves.
More