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$7 Million in Bitcoin Drained in Satoshi Token Exploit

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A Bitcoin-based meme-coin launchpad, ODIN•FUN has fallen victim to a sophisticated price manipulation exploit, resulting in the drainage of $7 million worth of Bitcoin (BTC). The cybersecurity firm PeckShield reported that malicious actors executed the attack by depositing the Satoshi Nakamoto (SATOSHI) meme token into a liquidity pool. They then artificially inflated the token’s price, …

The post $7 Million in Bitcoin Drained in Satoshi Token Exploit appeared first on Cryptoknowmics-Crypto News and Media Platform.

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