TechFlame news: On August 13, ODIN•FUN platform Lianchuang issued a statement today confirming that its automated market maker (AMM) system had a major security flaw in the latest update. Multiple malicious groups used this vulnerability to steal large amounts of bitcoins, and the exact amount of losses is still being assessed. The platform said that the company

's current reserves are insufficient to fully cover losses.

The platform has hired a security audit team to conduct a full code review, which is expected to take one week to complete. The platform said it will develop a compensation plan, and details will be announced later. The platform will be suspended until the security audit is completed

.