$73,576.00
7.25%$2,615.96
7.62%$4.08
6.69%$184.55
14.46%$579.61
3.85%$1.00
0.05%$0.531383
4.09%$0.196841
17.91%$2,616.58
7.71%$0.162604
0.35%$0.358221
8.41%$4.74
4.11%$3,096.31
7.82%$0.00001878
6.69%$73,656.00
7.36%$26.02
12.41%$2,618.84
7.74%$11.83
12.44%$371.47
10.07%$2.28
18.50%$6.11
0.66%$0.99958
0.52%$9.09
31.23%$69.65
4.27%$4.13
11.61%$9.35
13.79%$2,754.93
7.73%$0.00000935
14.58%$518.18
21.63%$1.38
19.09%$7.58
6.31%$0.119254
12.61%$160.95
1.63%$0.096359
4.50%$19.12
6.55%$1.002
0.15%$19.22
1.73%$0.325099
9.04%$1.65
9.76%$161.16
23.72%$0.999121
0.19%$38.95
4.01%$0.086208
20.01%$2.34
14.98%$3.61
8.44%$0.526031
9.74%$20.48
22.04%$0.584113
5.00%$1.17
9.74%$4.87
12.35%$1.51
9.71%$4.64
8.28%$0.04981269
12.55%$0.655818
15.77%$5.28
18.75%$4.44
10.65%$0.02145179
9.85%$1.16
2.19%$2,623.86
7.93%$0.00002222
18.80%$0.380744
9.42%$1.56
20.37%$0.148914
10.76%$2,923.93
7.74%$1.006
12.12%$0.37101
12.14%$0.00013808
12.97%$2,738.22
7.53%$1.37
6.45%$1.19
12.42%$1.89
11.13%$8.95
5.63%$0.402861
17.43%$73,558.00
7.42%$1,306.08
14.47%$9.38
3.85%$6.14
7.84%$1.13
17.85%$0.696068
14.15%$226.93
14.42%$2,683.61
7.64%$0.119382
5.94%$50.04
7.26%$73,689.00
7.32%$3.73
11.47%$14.91
11.35%$2.89
8.01%$0.01938052
15.45%$0.089703
15.70%$60.79
7.92%$0.0169082
9.99%$1.28
17.06%$0.324304
8.86%$0.00000211
10.14%$1.001
0.13%$0.531889
9.36%$0.00000085
4.17%$0.00908409
8.35%$0.02031608
12.23%$0.8623
24.61%$73,834.00
7.41%$0.868318
8.84%$0.379528
10.66%$4.87
17.46%$2,606.17
7.31%$9.68
4.76%$1.001
0.20%$4.78
9.62%$0.00172444
32.74%$0.721435
48.53%$73,701.00
7.69%$0.999872
8.04%$0.121333
3.50%$33.68
8.56%$193.71
14.63%$73,580.00
7.40%$0.072333
12.46%$9.76
8.08%$1.043
15.92%$24.67
8.69%$0.447082
7.29%$0.00003385
7.97%$0.148564
12.65%$2,724.53
-0.59%$0.01318957
6.28%$0.650798
8.27%$1.019
6.26%$0.99578
0.06%$0.00628495
8.39%$2,617.67
7.68%$2,685.10
7.55%$1.34
18.32%$2.03
24.87%$0.510782
9.96%$0.250967
8.81%$0.716523
10.58%$229.57
10.83%$0.216595
7.25%$38.88
4.09%$2.35
5.36%$0.00819785
6.08%$16.73
10.24%$0.01232015
5.79%$0.00801551
9.36%$0.060694
9.10%$0.295518
9.82%$1.001
0.08%$2,705.63
-1.20%$2,615.98
7.59%$1.055
1.69%$0.078323
0.69%$2,837.83
7.69%$2.70
12.80%$0.994318
0.02%$0.436649
12.98%$0.00009039
7.97%$1.35
6.28%$0.00000023
12.24%$0.131195
11.88%$1.72
8.29%$1.041
15.84%$1.43
12.51%$8.05
8.23%$1.83
15.53%$0.065572
9.74%$2,611.77
7.78%$185.84
13.93%$0.00424295
16.51%$2,619.15
7.49%$0.210409
8.59%$0.00000042
-1.42%$73,646.00
7.26%$0.411667
9.24%$0.985238
5.92%$1.011
1.87%$0.02709551
2.33%$0.054378
7.21%$0.114757
8.42%$0.410053
13.07%$1.065
0.12%$1.065
0.00%$95.20
5.27%$22.32
3.15%$2,617.87
7.82%$43.71
11.77%$2,615.10
7.62%$0.129655
8.17%$0.00
12.45%$1.004
0.43%$3.31
8.71%$0.197315
18.20%$10.25
11.12%$0.03843125
5.13%$0.333029
10.67%$0.052984
7.26%$7.17
11.56%$1.00
0.17%$0.188153
16.87%$3.22
19.51%$0.00648628
16.71%$2,804.55
7.68%$0.61212
10.41%$0.01123539
4.89%$0.064964
5.55%$0.671978
6.76%$2,729.84
7.57%$0.252414
9.29%$0.769885
1.00%$2,873.01
7.41%$1.46
15.17%$0.598586
5.40%$73,552.00
7.42%$3.70
11.17%$0.251604
9.67%$1.28
10.19%$0.300386
8.21%$0.00168847
11.86%$0.00370875
6.14%$0.29842
17.06%$1,475.48
7.09%$2.29
18.27%$0.424705
10.02%$74,245.00
8.24%$1.42
13.16%$2.43
1.16%$0.386915
1.84%$0.0008935
22.16%$73,591.00
7.28%$2,775.53
7.64%$2.87
3.25%$0.02843093
3.14%$0.0005402
8.43%$3.58
6.27%$22.93
5.44%$0.01426342
9.51%$0.308338
9.61%$0.00077952
13.35%$73,211.00
6.65%$0.487058
12.62%$2.75
3.76%$0.312767
10.71%$0.652926
4.22%$16.73
9.49%$0.03264475
32.63%$0.0044599
6.46%$41.99
18.17%$6,182.28
-0.80%$0.665807
12.47%
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.
