$98,363.00
-0.27%$3,437.04
2.75%$9.50
33.29%$259.01
0.92%$661.96
2.43%$1.48
-6.86%$0.447659
9.81%$1.00
0.03%$1.075
-3.12%$3,434.50
2.71%$0.214674
2.96%$42.55
-3.66%$6.48
16.34%$0.00002744
8.90%$0.510243
12.15%$4,062.77
2.39%$98,132.00
-0.39%$17.97
6.19%$517.91
-4.80%$3.56
0.20%$3,439.44
2.91%$0.00002109
4.71%$8.62
1.59%$6.51
3.99%$100.96
0.05%$13.29
5.21%$10.95
8.15%$3,619.44
2.68%$0.153112
-7.77%$11.67
2.67%$0.200846
6.13%$1.00
1.37%$0.589676
11.33%$30.13
1.01%$8.00
3.49%$537.89
2.10%$0.156477
0.72%$1.49
12.78%$1.003
0.03%$0.00004881
1.08%$0.88458
5.93%$24.79
0.67%$0.04356236
12.39%$8.85
9.77%$3.38
5.54%$5.60
11.13%$3.69
-4.31%$2.13
5.65%$7.36
19.64%$51.54
7.84%$165.52
1.25%$0.883713
2.88%$2.29
0.88%$1.68
12.51%$28.59
1.66%$177.99
2.31%$0.92674
17.34%$0.00025166
2.41%$0.569747
9.43%$0.253119
5.37%$0.290451
2.86%$1.59
6.58%$0.999249
0.07%$3,439.11
3.14%$5.79
2.30%$1.92
5.85%$0.673719
10.66%$6.19
3.51%$3,822.97
2.68%$2.55
10.22%$0.170389
6.46%$3,607.89
3.00%$98,413.00
-0.21%$0.440934
5.97%$1.18
3.07%$1.066
1.76%$98,126.00
0.50%$1.55
6.31%$3,524.69
2.78%$1,707.52
1.50%$101.14
4.27%$22.28
7.75%$0.03589303
17.18%$11.74
5.12%$70.83
-3.97%$0.00000145
18.52%$11.02
6.42%$0.590275
11.27%$320.13
0.93%$0.872615
11.37%$0.605587
12.09%$0.02623141
22.21%$1.41
9.75%$0.0237766
7.92%$0.02326236
-0.25%$1.20
8.16%$1.19
-0.51%$0.781911
-0.59%$1.58
15.50%$7.10
9.08%$1.18
18.13%$6.29
9.20%$0.454668
17.54%$98,376.00
-0.38%$3.16
-0.09%$0.179697
5.60%$273.64
0.88%$14.82
2.84%$0.00000265
3.56%$37.27
8.20%$3,419.91
2.66%$12.68
9.86%$0.534886
12.74%$3.95
3.58%$1.40
4.69%$1.34
7.72%$98,298.00
-0.23%$97,365.00
0.65%$0.82052
1.29%$0.00004697
0.90%$0.450045
10.02%$0.764868
6.54%$5.51
5.57%$262.97
0.91%$3,531.28
2.59%$42.84
10.27%$0.01003553
1.89%$1.38
3.18%$0.00838713
11.55%$0.184346
9.73%$0.831149
-5.44%$0.055282
2.51%$0.00191506
7.05%$0.087471
8.85%$51.08
4.67%$0.218996
5.25%$0.00767757
2.68%$1.00
0.18%$0.27526
10.41%$47.22
88.26%$276.62
2.88%$1.58
15.42%$3,439.76
2.79%$21.33
6.87%$2.25
5.68%$2.15
10.44%$0.01005537
5.32%$0.809983
5.52%$0.00012387
3.55%$3,442.42
3.06%$0.100896
7.76%$2.35
10.29%$2,724.89
0.37%$0.01449628
6.45%$0.996403
-0.06%$0.17258
6.28%$0.505178
7.93%$3,724.78
2.93%$0.30552
11.45%$1.70
14.47%$1.36
4.16%$0.082263
18.25%$0.203367
6.79%$0.588599
10.43%$66.57
9.15%$33.31
-4.70%$3,437.50
2.89%$0.999745
0.02%$0.527611
8.07%$2.33
8.28%$0.00818098
5.65%$2.99
15.51%$0.00000026
6.64%$0.079592
-0.77%$97,723.00
-1.02%$1.09
1.40%$2,729.76
0.01%$0.577712
10.30%$98,033.00
0.28%$3,422.78
3.50%$0.00000051
2.29%$98,058.00
-0.37%$3,436.67
2.85%$0.00144654
-0.90%$1.001
0.03%$0.386035
7.06%$8.65
1.26%$1.19
20.60%$0.072284
4.07%$0.261546
9.39%$3.68
0.85%$0.00897803
11.32%$0.02476264
9.40%$12.96
13.97%$0.01496839
9.19%$2.13
17.11%$0.482419
9.31%$0.453828
-14.66%$3.77
-1.23%$0.816519
6.72%$2.18
14.20%$0.649111
11.69%$0.04762804
7.22%$4.05
6.26%$0.43662
37.63%$3,690.07
3.31%$0.250401
15.39%$8.97
10.56%$1.058
7.16%$1.055
-0.79%$0.00245265
9.06%$1.001
0.08%$3,433.76
2.63%$3,584.97
3.11%$3.93
10.27%$1.00
0.06%$49.54
-3.52%$0.00514272
6.83%$1.079
16.37%$34.18
12.23%$1.001
0.48%$0.47555
4.01%$6.60
-0.34%$96.41
-0.14%$1.063
-0.43%$0.00
5.98%$0.03957039
11.28%$0.394498
4.87%$0.442913
17.80%$3.73
-0.39%$3,780.84
2.78%$0.400659
1.47%$1,973.75
-0.35%$0.343678
3.77%$0.254256
6.52%$0.731943
7.02%$0.03891639
2.77%$0.375923
-4.63%$0.00643268
2.84%$0.02545318
7.67%$1.004
0.40%$97,936.00
-0.52%$3,572.89
0.97%$0.904518
3.81%$4.68
2.17%$0.00070252
10.50%$59.47
17.04%$0.522313
10.34%
Algorithmic market maker service Wintermute suffered a security breach on Tuesday, with hackers making off with around $160 million across 90 assets within the platform's portfolio.
In a brief statement published on Twitter, Wintermute founder and CEO Evgeny Gaevoy stated that “we’ve been hacked for about $160M in our defi operations. Cefi and OTC operations are not affected.”
While around $160 million has been appropriated by the hacker, Gaevoy noted that “out of 90 assets that has been hacked only two have been for notional over $1 million (and none more than $2.5M),” and that as a result there shouldn’t be a “major selloff” of assets.
We’ve been hacked for about $160M in our defi operations. Cefi and OTC operations are not affected
— wishful cynic (@EvgenyGaevoy) September 20, 2022
Gaevoy assured users, lenders and partners of the platform that they are “solvent with twice over that amount in equity left”, so all associated entities should expect a full restoration of operations within the coming days.
Gaevoy added that Wintermute remains open to treating the hack as a “white hat” scenario, in which the hacker returns the funds and receives a reward for identifying a vulnerability.
While Gaevoy’s tweet was published around 8am UTC, a number of Twitter users seemingly uncovered suspicious activity affecting Wintermute as early as 6am UTC, engaging in a debate on the ins and outs of wash trading after discovering that large amounts had been transferred from Wintermute into exchange liquidity pool 3pool.
Following Gaevoy’s announcement, self-proclaimed on-chain sleuth and 2D detective ZachXBT claimed to have identified the hacker’s wallet address, which contains $47.8 million in its wallet, with the remaining $114.3 million in the decentralized stablecoin exchange Curve Protocol.
Further investigation on blockchain exploration platform EtherScan reveals that the wallet in question has made 45 transactions over the past 5 hours, and holds a plethora of 80 tokens in their wallet including $12.9 million of Wrapped Bitcoin (WBTC), $3.9 million of Pax Dollar (USDP), and $2.3 million in Somnium Space CUBE tokens, among others.
Decrypt has reached out to Wintermute for comment and will update this story should the company respond.
