$90,593.00
0.07%$3,090.35
0.10%$2.11
0.56%$2.09
-0.31%$913.39
1.00%$135.93
0.03%$1.00
0.02%$0.298685
0.29%$3,089.85
0.11%$0.139672
-0.32%$1.00
-3.20%$0.390473
0.83%$651.44
2.10%$3,781.79
0.05%$55.01
-0.45%$3,359.45
0.05%$90,427.00
0.19%$3,354.45
0.07%$0.99959
0.01%$13.20
0.47%$0.998705
-0.01%$480.41
5.88%$9.06
0.22%$3,089.35
0.04%$0.227898
0.29%$90,595.00
0.07%$1.81
0.80%$0.998976
-0.02%$378.05
-1.25%$81.19
-0.21%$13.79
-0.11%$24.45
0.62%$0.00000867
0.49%$0.117986
-1.44%$0.128882
-0.32%$0.998594
0.00%$1.08
-0.21%$0.167885
-0.13%$1.74
-0.14%$0.101488
0.70%$1.21
0.02%$0.999572
-0.04%$5.49
-0.27%$0.999561
0.02%$0.980834
0.50%$0.00888998
5.75%$1.69
1.23%$281.32
1.52%$165.63
0.44%$0.00000597
0.72%$3.51
-0.13%$4,506.41
0.22%$110.61
0.02%$1.69
-0.70%$0.995336
-0.11%$170.48
0.09%$12.52
-0.28%$0.178769
5.12%$3,091.01
0.24%$0.229038
0.32%$0.20894
0.05%$3.19
0.65%$1.00
0.00%$4,515.48
0.20%$0.719356
1.08%$135.86
0.04%$0.0000017
0.58%$4.73
0.08%$0.574202
-0.32%$1.11
-0.00%$0.999564
-0.01%$148.45
-0.02%$10.82
-6.36%$1.15
0.04%$0.999467
-0.02%$0.0023332
3.49%$0.059095
5.39%$1.80
-1.36%$913.74
0.93%$0.99861
0.01%$0.999687
0.00%$3,567.01
0.04%$2.61
-0.59%$0.02384626
-6.08%$0.40164
0.06%$0.04681996
0.67%$2.35
3.82%$10.33
0.85%$0.207692
0.13%$0.134139
1.26%$0.071191
2.70%$3,280.05
0.07%$75.72
1.91%$1.48
0.12%$5.43
-0.05%$3,774.46
0.24%$0.01173774
-0.18%$92,772.00
2.94%$90,764.00
0.16%$90,482.00
0.48%$0.962172
0.75%$4.93
0.28%$0.04868683
0.71%$0.01123075
0.18%$0.00001054
1.14%$0.998633
0.01%$1.022
0.00%$1.00
-0.03%$3,297.03
-0.16%$3,348.66
0.16%$113.92
0.00%$0.120738
0.06%$10.95
0.00%$0.99967
0.04%$0.01208558
2.33%$0.999683
0.01%$90,409.00
0.10%$1.078
3.55%$1.29
0.05%$90,541.00
0.00%$2.04
2.43%$0.379321
3.66%$3,300.65
0.09%$2.05
2.83%$1.11
-0.03%$0.088875
-0.33%$0.211777
0.57%$158.02
0.10%$1.001
-0.01%$2.63
-2.96%$0.282917
0.71%$0.0112255
0.19%$1.11
0.04%$3,089.94
0.07%$3,272.33
0.10%$0.320538
1.26%$0.999722
-0.02%$0.574659
-2.46%$0.404487
-0.46%$1.22
-0.02%$24.64
0.49%$3,089.32
0.04%$0.126026
-0.02%$0.988803
-0.41%$0.586914
2.47%$90,437.00
0.12%$0.635398
0.04%$5.22
1.38%$0.00005182
0.37%$0.04870352
8.35%$0.998541
-0.04%$0.542932
0.33%$0.997805
-0.09%$3,089.82
0.08%$0.997254
0.07%$0.747181
1.43%$0.55227
1.16%$1.086
-0.08%$37.34
0.64%$183.69
0.13%$1.11
0.03%$0.398002
1.64%$3,311.21
0.12%$0.00908863
3.76%$3,330.29
0.04%$0.04157158
0.45%$0.212897
-0.40%$0.100929
-1.86%$0.00446418
-0.36%$3,462.68
0.10%$0.00000042
-0.15%$0.082198
-0.61%$91,150.00
0.33%$0.997795
0.13%$164.82
0.63%$0.115833
0.16%$10.48
0.38%$0.076823
-0.03%$0.02062507
2.47%$0.03987877
-8.73%$0.067752
-0.36%$19.37
0.12%$0.381838
3.23%$0.381076
1.03%$0.06463
-1.89%$0.889317
-0.04%$138.96
0.77%$0.00000037
0.02%$2.14
3.63%$0.358778
-13.04%$0.359902
0.01%$0.996138
-0.40%$0.13974
-0.27%$0.996799
-0.29%$1.16
-0.08%$0.00372489
0.89%$21.56
0.06%$90,578.00
0.11%$0.00813508
-6.54%$144.88
-0.50%$0.999922
0.05%$0.00713798
0.21%$17.15
-0.04%$0.161935
-1.99%$1.13
-0.00%$0.08565
-1.93%$1.091
0.00%$0.119896
0.11%$1.18
1.41%$1.006
0.68%$0.08855
-0.31%$15.65
20.47%$3,088.66
0.04%$0.166532
-3.28%$0.999237
0.00%$0.202112
-1.91%$1.49
2.45%$0.301614
0.46%$80.88
0.36%$3,351.66
0.08%$90,549.00
0.05%$0.293298
-0.90%$0.03407166
-2.00%$0.178377
2.03%$3,084.92
0.04%$0.00292931
-2.34%$969.58
1.13%$3,091.95
0.18%$0.255614
0.95%$0.992628
0.01%$3.93
0.25%$0.144265
-1.28%$3,357.06
0.43%$90,912.00
0.25%$15.56
-2.96%$0.02449844
-2.88%$1.42
1.44%$90,804.00
1.20%$3,099.05
0.44%$0.01434997
-0.81%$1.59
1.32%$26.58
-0.62%$23.30
1.15%$1.063
0.03%$24.41
0.57%$3,781.04
0.07%$2.41
-5.57%$153.34
-0.05%
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.
