Odin.fun was hacked for about 60 BTC! The founder admitted that "there are not enough funds for compensation" and pointed to Chinese hackers as the culprits.

Odin.fun Another information security breach broke out, and about 60 bitcoins were stolen. Co-founder Bob claims that the current project is underfunded and fully compensated. (Synopsis: Your computer is helping hackers mine bitcoins!) 3,500 websites were implanted with "mining scripts", stealth hijacking leaves users unaware) (Background added: GMX hackers choose to return $40.5 million "as white hats"!) Closed 4.5 million bounty, $GMX rebounded 16%) Rune Trading Platform Odin.fun There was a major hack last night, about 58.2 to 60 bitcoins were withdrawn without authorization, the market value was about $7 million, and the platform token $ODINDOG plunged 40% on the day. Bob, the founder of the platform, posted that the company's assets are currently insufficient to compensate the amount of money, but the funds deposited by users on the platform are currently safe. This is the second time Odin.fun has been attacked this year, and the "Sign-In With Bitcoin" vulnerability in April is still fresh in users' memories, and the series of blood losses has made users very scared. Apologies for the delay in responding to today’s event. We know it’s been over 8 hours since the exploit and our silence has likely been frustrating for many of you. We wanted to speak sooner but needed time to verify the facts and take immediate action to protect user funds.… — Bob Bodily, PhD | #BTC #ETH #ICP (@BobBodily) August 13, 2025 Pointing to Chinese hackers April's SIWB container vulnerability allowed attackers to spoof accounts, and yesterday, weaknesses in suspected AMM smart contracts on Odin.fun were breached, including liquidity pool manipulation, Lightning loans or logic flaws related to the theft of BTC. Founder Bob Bodily admitted on the X platform that the platform "has major vulnerabilities and insufficient funds to fully compensate" and pointed to "criminal gangs in China." He added: "Several groups that have profited from the vulnerability have been identified and will be pursued and prosecuted in China, saying they have substantial evidence, including the activities of these criminal gangs' wallets." The police have been notified After the news of the attack, users withdrew a large amount of assets in a short period of time, and the platform deposit fell from 291 BTC to about 233 BTC, indicating that panic is spreading. Odin.fun Emergency suspension of trading and withdrawals. For DeFi users who lack a centralized insurance pool, the message that the project party "cannot pay in full" is almost equivalent to a substantial loss, and the impact of trust rupture is not limited to a single platform. At present, Odin.fun has notified U.S. law enforcement and worked with OKX and Binance to trace the flow of funds, while trying to connect with Chinese law enforcement agencies. The incident also forced more DeFi teams to revisit security audits, third-party insurance, and DAO emergency response processes. Related reports China's A-share aunt shouts about cryptocurrency: Bitcoin is digital gold, Ethereum is Web3 Huida, SOL is the blockchain casino leader Bitcoin ATMs must be forced KYC, a single transaction is limited to $1,000, and the new law in Wisconsin in the United States strengthens supervision 〈Odin.fun About 60 BTC were stolen! The founder frankly admitted that "insufficient funds to compensate" accuse Chinese hackers" This article was first published in BlockTempo's "Dynamic Trend - The Most Influential Blockchain News Media".