Odin.fun Halts Trading After Major Hack Leads to Bitcoin Theft

Odin.fun, a Bitcoin-based memecoin launchpad platform, has been forced to halt trading after a significant security breach resulted in the theft of 58.2 BTC on August 13, 2025. The incident, which is still under investigation, has caused major concern and disruption for users and the broader cryptocurrency community. 58.2 BTC was stolen from the platform during the event, impacting operations as investigations continue.