Memecoin Launchpad Odin.fun Suffers $7M Liquidity Exploit

The memecoin launchpad known as Odin.fun has experienced a significant setback, as it recently fell victim to a liquidity exploit that reportedly resulted in the loss of approximately $7 million. This incident raises concerns about security vulnerabilities within the platform and highlights the risks associated with investing in new and emerging cryptocurrencies. As the community processes this news, discussions around improving security measures and safeguarding user funds are likely to intensify. source: https://www.coindesk.com/markets/2025/08/13/memecoin-launchpad-odin-fun-suffers-usd7m-liquidity-exploit