Meme Insider
Hey there, crypto enthusiasts! If you're into memecoins and the wild world of Bitcoin ecosystems, you've probably heard the buzz about Odinfun. This platform, designed as a launchpad for Bitcoin memecoins, just faced a major setback—a whopping $7 million exploit. Let's dive into what happened, based on the latest report from BSCNews, and break it down in simple terms.
What Went Down in the Odinfun Breach?
Odinfun, often stylized as OdinFun, is a platform that helps creators launch memecoins on the Bitcoin network. Memecoins, First image: It's an illustration of Odin, like a god with horned helmet, golden armor, white beard. Probably the logo or mascot of Odinfun.
Second image: A hooded figure holding a Bitcoin coin, representing a hacker or thief.
For cover, perhaps the second one is more significant for the exploit story, but spec says first significant image. The first in the list is the Odin one.
Media: Item 1: https://pbs.twimg.com/media/GyNshoebQAAa6OI.jpg – that's the hacker one? No, from the response:
The tool gave:
- Item 1: photo - URL: https://pbs.twimg.com/media/GyNshoebQAAa6OI.jpg → but in view_image, the first call returned the Odin image? Wait, I called first URL and got Odin, but the pixel art is Odin.
The function response for first URL: it's the Odin illustration.
But in the message, it shows the pixel art Odin, but then for the second function, the hooded hacker.
No:
First function call response: [Image] and then the Odin pixel art.
Second: the hooded hacker with BTC coin.
But in the tool output, Item 1: GyNshoebQAAa6OI.jpg → Odin
Item 2: GyNshyvbYAAeITh.jpg → hacker
Yes.
For cover, first significant: perhaps the Odin one, as it's the platform's image.
But the exploit is about hack, so maybe hacker.
Spec: first significant image URL.
I'll use the first one: Odin.
Now, for the article, insert both perhaps.
To make it SEO, use keywords like Bitcoin memecoin, Odinfun exploit, etc.
Tags: bitcoin, memecoin, exploit, odinfun, security breach, btc, meme tokens
Slug: derive from title, e.g. if title "Odinfun Suffers $7M Hack in Bitcoin Memecoin Launchpad Breach", slug "/odinfun-suffers-7m-hack-in-bitcoin-memecoin-launchpad-breach"
Usually slug is without leading /, just the path.
Description: short summary.
Content: start with intro, embed the tweet link, explain.
Since it's about the tweet, perhaps quote the tweet.
There are replies, some in Chinese, mentioning SATOSHI, which seems related, as Odinfun is related to SATOSHI token or something.
From the post: ODINDOG is the native token, but replies talk about SATOSHI.
The post says: exploit targeted Odin’s automated liquidity market-making tool, with threat actors—mainly linked to Chinese entities—manipulating token prices before withdrawing BTC.
And ODINDOG plunged 40%.
But replies: SATOSHI 被黑客重点关注 – SATOSHI is focused by hackers.
And some users have bios about SATOSHI.
Perhaps Odinfun is launching SATOSHI or something.
From one bio: Building @OdinfunSatoshi Runes @BobBodily Deployment #SATOSHI Based on @odin_godofrunes
So, Odinfun is related to SATOSHI memecoin on Bitcoin.
Yes.
In article, mention that.
Community reaction split, some blame Bodily.
This is second incident in 2025.
To enrich, perhaps search for more info, but since the task is about this tweet, base on it.
But to make a full article, use the info.
One reply has video, perhaps view it if needed.
The video URL: https://video.twimg.com/ext_tw_video/1955564121870798848/pu/vid/avc1/274x270/g1aSBA2Fk50eIT4u.mp4?tag=12
I can use view_x_video to see subtitles or description.
But perhaps not necessary, as content: "黑客们喜欢中本聪，但违背了中本聪正派的极客精神" which is "Hackers like Satoshi Nakamoto, but violate the upright geek spirit of Satoshi Nakamoto"
So, video probably says that.
For the article, I think I have enough.
Now, write the MDX.
Frontmatter:
slug: "odinfun-bitcoin-memecoin-launchpad-7m-exploit"
title: "Odinfun Bitcoin Memecoin Launchpad Hit by $7M Exploit: Details and Community Response"
description: "Discover the latest on Odinfun's $7M security breach in the Bitcoin memecoin space, including what happened, impacts, and future steps."
cover: https://pbs.twimg.com/media/GyNshoebQAAa6OI.jpg
tags: "bitcoin, memecoin, odinfun, exploit, security breach, btc fi, meme tokens, satoshi"
Then content:
No h1.
Perhaps ## What Happened?
Explain in conversational tone.
Insert images.
For example,
And the hacker one.
Link to the tweet: original tweet
Perhaps link to PeckShield, Bob Bodily's profile, etc.
For SEO, use keywords naturally.
Since multilingual, but write in English.
I think that's it.
Output directly the MDX.---
slug: odinfun-bitcoin-memecoin-launchpad-suffers-7m-exploit
title: "Odinfun Bitcoin Memecoin Launchpad Suffers $7M Exploit: What Went Wrong and What's Next"
description: "Explore the recent $7M hack on Odinfun, a Bitcoin memecoin launchpad, including details from the breach, community reactions, and security implications for meme tokens."
cover: https://pbs.twimg.com/media/GyNshoebQAAa6OI.jpg
tags: "bitcoin memecoin, odinfun exploit, meme token security, btc hack, satoshi token, blockchain breach, crypto news, memecoin launchpad"
In the fast-paced world of Bitcoin memecoins, security breaches can strike like lightning, and the latest victim is Odinfun, a popular launchpad for these fun yet volatile tokens. If you're new to this, a memecoin is essentially a cryptocurrency inspired by internet memes, often built on hype and community rather than traditional utility. A launchpad like Odinfun helps creators deploy these tokens on the Bitcoin network, making it easier for projects to get off the ground.
According to a recent tweet from BSCNews, Odinfun lost a staggering 58.2 BTC—roughly $7 million at current prices—in a liquidity manipulation attack. This info comes straight from blockchain security firm PeckShield, who spotted the exploit. The hackers drained the platform's deposits from 291 BTC down to 232.8 BTC in just under two hours. That's a brutal hit for any project, especially one tied to the Bitcoin ecosystem.
The attack zeroed in on Odinfun's automated liquidity market-making tool. Think of this as a system that helps keep token prices stable by automatically providing liquidity—buying and selling as needed. But the bad actors, reportedly linked to Chinese entities, manipulated token prices and then withdrew the BTC. Co-founder Bob Bodily didn't mince words; he confirmed the loss and admitted that the company's treasury can't cover it. Ouch.
Trading and withdrawals on the platform are now paused while a full security audit is underway. Odinfun is teaming up with U.S. law enforcement, exchanges like OKX and Binance, and even reaching out to Chinese authorities. Bodily went further, issuing a stern warning to the attackers: most of them have already been identified. This isn't Odinfun's first rodeo either—back in April 2025, Bodily's account was compromised due to a flaw in the "Sign-In With Bitcoin" system, and some folks suspect that issue might not have been fully patched.
The fallout? Odinfun's native token, ODINDOG, tanked by 40% right after the news broke. But the community is buzzing, and reactions are mixed. Some users are rallying behind the team, seeing this as a bump on the road to bigger things. For instance, replies to the tweet highlight support for the project, especially around the SATOSHI token, which seems deeply intertwined with Odinfun—it's built on Bitcoin runes and positioned as a top IP in the ecosystem, drawing from Satoshi Nakamoto's legacy. One user noted that hackers are fixating on SATOSHI to profit, but it goes against the true spirit of blockchain innovation.
Others aren't so forgiving, blaming Bodily for security lapses. It's a classic crypto divide: optimism versus caution. This breach underscores a key lesson for meme token enthusiasts—always do your due diligence on platform security, especially in the Bitcoin Fi (finance) space where exploits can happen fast.
Looking ahead, incidents like this often lead to stronger protocols and better audits across the board. If you're involved in memecoins or thinking about launching one, keep an eye on Odinfun's updates. In the meantime, stay safe out there in the wild world of blockchain—double-check those smart contracts and never invest more than you can afford to lose.
For more on meme tokens and the latest crypto hacks, check out our knowledge base at Meme Insider.
