$7 Million in Bitcoin Drained in Satoshi Token Exploit

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, …

Continue reading "$7 Million in Bitcoin Drained in Satoshi Token Exploit"

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