Odin.fun, a Bitcoin meme coin launchpad, has reportedly suffered a significant loss of 58.2 BTC, equivalent to approximately $7 million, due to a liquidity manipulation attack. The incident, reported by Decrypt, involved unusual withdrawals that raised concerns about the platform's security. Following the attack, Odin.fun has suspended all trading activities. The platform's team is currently working to address the vulnerabilities and enhance security measures to prevent future incidents. They plan to resume operations next week, pending a thorough security audit and implementation of necessary safeguards. The liquidity manipulation attack highlights the increasing risks associated with decentralized finance (DeFi) platforms and the importance of robust security protocols to protect user funds. Odin.fun users are advised to stay informed about the platform's recovery efforts and any potential security updates. ```

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