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Home Metaverse

Odin.Fun Halts Platform Activity Following Co-Founder’s Account Breach And $178K Liquidation

Digital Pulse by Digital Pulse
April 14, 2025
in Metaverse
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Odin.Fun Halts Platform Activity Following Co-Founder’s Account Breach And 8K Liquidation
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by
Alisa Davidson


Revealed: April 14, 2025 at 4:17 am Up to date: April 14, 2025 at 4:17 am

by Ana


Edited and fact-checked:
April 14, 2025 at 4:17 am

To enhance your local-language expertise, generally we make use of an auto-translation plugin. Please be aware auto-translation might not be correct, so learn authentic article for exact data.

In Transient

Bob Bodily confirmed that Odin.Enjoyable has quickly suspended buying and selling and withdrawals following a breach of his private account in a hacking incident.

Odin.Fun Halts Platform Activity Following Co-Founder’s Account Breach And $178K Liquidation

Bob Bodily, co-founder of the Bitcoin ecosystem buying and selling platform Odin.Enjoyable, confirmed that the platform has quickly suspended buying and selling and withdrawals following a breach of his private account in a hacking incident. The crew is actively investigating the matter to mitigate additional dangers. 

In an earlier report, blockchain safety agency PeckShield highlighted a decline within the worth of ODINDOG, a Bitcoin token listed on the platform, which dropped by 50% throughout the previous 24 hours. Moreover, the pockets related to the platform’s deployer, Bob Bodily, was noticed to have liquidated its complete place, valued at roughly $178,700, on the platform.

In the identical assertion, Bob Bodily clarified that the safety breach seems to be restricted to his account on the Odin.Enjoyable and has not affected his Bitcoin pockets right now. 

As of this writing, the ODINDOG token is buying and selling at roughly $0.1917, reflecting a decline of greater than 48.3% over the previous 24 hours, in keeping with knowledge from CoinGecko. 

What Is Odin.Enjoyable?

Based on its web site, Odin.Enjoyable positions itself as a high-speed buying and selling platform for Bitcoin-based tokens, having launched in March. The platform permits customers to create tokens quick and facilitates fast shopping for and promoting by way of a pump.fun-style bonding curve. It additionally options an built-in automated market maker (AMM), permitting for near-instant liquidity deposits and withdrawals, with all transactions updating in actual time.

Odin.Enjoyable is working on a proprietary Bitcoin layer known as “Valhalla.” This infrastructure affords 2-second finality, helps decentralized Bitcoin deposits and withdrawals through threshold signature schemes (TSS), and eliminates conventional fuel charges. Customers can entry the platform by logging in with a Bitcoin pockets, depositing BTC, and starting to commerce after a single affirmation.

The platform focuses on Bitcoin memecoins—tokens developed and traded on Bitcoin. At the moment, Odin.Enjoyable helps the Runes protocol, with plans to develop to further token requirements within the close to future.

Disclaimer

In step with the Belief Venture pointers, please be aware that the data offered on this web page shouldn’t be meant to be and shouldn’t be interpreted as authorized, tax, funding, monetary, or some other type of recommendation. You will need to solely make investments what you possibly can afford to lose and to hunt impartial monetary recommendation you probably have any doubts. For additional data, we advise referring to the phrases and circumstances in addition to the assistance and help pages offered by the issuer or advertiser. MetaversePost is dedicated to correct, unbiased reporting, however market circumstances are topic to alter with out discover.

About The Writer


Alisa, a devoted journalist on the MPost, makes a speciality of cryptocurrency, zero-knowledge proofs, investments, and the expansive realm of Web3. With a eager eye for rising traits and applied sciences, she delivers complete protection to tell and interact readers within the ever-evolving panorama of digital finance.

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Alisa Davidson










Alisa, a devoted journalist on the MPost, makes a speciality of cryptocurrency, zero-knowledge proofs, investments, and the expansive realm of Web3. With a eager eye for rising traits and applied sciences, she delivers complete protection to tell and interact readers within the ever-evolving panorama of digital finance.








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Tags: 178KAccountActivityBreachcofoundersHaltsLiquidationOdin.FunPlatform
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