$68,088.00
3.90%$2,055.89
7.64%$1.60
25.13%$1.44
5.24%$627.48
4.62%$1.00
0.02%$87.59
6.43%$0.286163
-0.33%$0.099768
6.89%$1.031
-0.24%$50.82
3.98%$0.293605
9.52%$498.89
1.49%$0.999992
0.01%$8.79
1.04%$28.20
4.46%$0.174838
8.05%$9.22
8.31%$347.12
2.72%$0.999719
0.06%$0.163906
6.86%$0.999162
-0.03%$0.00952808
1.67%$0.102234
5.23%$56.26
6.67%$1.00
0.03%$246.48
3.65%$9.34
8.53%$0.957769
7.91%$0.00000614
2.97%$0.11763
2.98%$0.07812
3.78%$1.28
-1.47%$5,155.32
-0.32%$4.05
15.48%$5,189.11
-0.33%$1.36
-4.52%$0.643963
7.28%$1.00
0.00%$1.12
-0.00%$187.49
7.86%$0.997325
-0.03%$0.711669
2.37%$114.71
-2.05%$0.00000402
1.57%$78.30
3.93%$1.00
0.04%$0.069987
5.35%$0.168204
1.65%$0.999935
-0.00%$2.23
0.44%$0.00000163
-1.44%$1.13
13.13%$9.01
7.21%$0.272648
6.93%$0.999309
-0.01%$2.39
8.94%$0.409341
3.69%$0.110752
-3.12%$11.00
0.01%$8.65
1.37%$7.14
3.62%$0.00183666
5.70%$0.059994
4.70%$1.92
-5.90%$65.13
1.12%$0.01704281
2.06%$0.112678
11.36%$0.852444
2.55%$0.03161871
7.24%$1.001
0.10%$0.00974778
4.34%$3.53
3.49%$0.826984
4.42%$0.089994
5.33%$1.24
0.14%$1.47
5.82%$1.01
11.26%$1.00
0.03%$114.41
0.01%$0.961778
13.10%$1.027
0.00%$1.12
1.15%$0.03528462
6.37%$0.0077204
7.02%$1.85
4.88%$0.03537285
24.16%$0.080286
0.06%$0.100567
7.72%$1.096
0.01%$0.997069
-0.11%$0.00000636
7.89%$0.159265
7.50%$0.295809
10.97%$30.66
10.24%$1.00
0.01%$0.01281201
-1.25%$0.999382
0.04%$0.262366
6.74%$0.070684
3.75%$1.087
-0.22%$0.715134
3.30%$1.18
0.11%$0.999858
0.00%$0.00720109
7.78%$35.33
5.77%$1.32
5.67%$0.395462
6.03%$0.04665726
1.90%$166.20
-0.31%$0.522913
2.73%$1.00
0.04%$0.165334
6.09%$0.252342
7.29%$1.48
8.86%$0.084787
6.09%$1.042
1.77%$0.38165
14.66%$0.03415631
1.18%$0.999841
0.02%$129.95
5.43%$1.02
0.05%$0.00000034
2.22%$0.056921
4.43%$0.00000033
0.37%$16.34
2.10%$3.23
1.19%$1.59
5.74%$0.01626116
-1.52%$3.21
1.04%$1.47
102.99%$0.327639
9.83%$0.052961
1.87%$0.070503
4.98%$0.377307
1.34%$0.342282
9.86%$0.0060512
5.78%$0.02733019
4.45%$1.003
0.68%$0.00002994
4.61%$0.237008
6.70%$0.078925
4.90%$17.52
1.39%$0.321856
5.66%$0.98422
-0.58%$0.0512
3.36%$1.41
2.17%$0.123614
4.83%$1.59
-1.64%$0.00269627
4.80%$0.135873
0.33%$6.43
5.11%$0.04462678
7.22%$0.0024557
-1.06%$0.02243043
11.00%$0.08639
7.55%$0.999479
0.05%$1.35
4.92%$1.82
7.18%$0.098257
12.00%$0.999997
0.00%$0.985583
-0.28%$0.999949
0.03%$1.075
0.01%$1.30
2.77%$0.213498
8.66%$0.00215083
2.29%$0.502694
-1.35%$22.79
0.00%$0.00000098
2.33%$0.09803
-1.60%$0.00003643
2.72%$5,241.48
-1.14%$2.80
6.23%$10.09
7.15%$0.196512
7.65%$0.054117
2.51%$0.197645
-1.36%$0.864935
12.67%$0.098445
7.43%$1.00
0.00%$0.189056
4.12%$0.080025
2.99%$4.22
7.37%$0.02007905
0.13%$0.00490589
2.84%$18.56
2.61%$1.00
0.00%$0.00378617
6.92%$0.116216
-3.01%$1.00
-0.01%$1.88
3.78%$0.171712
10.88%$0.05473
5.55%$0.624981
3.58%$2.14
5.47%$0.02310445
-4.28%$3.56
3.52%$1.80
0.54%$0.02002939
-0.56%$2.03
-0.52%$48.00
0.03%$0.04190788
5.36%$0.994905
-0.07%$0.00000789
3.97%$1.26
-0.05%$1.001
0.12%$0.334145
6.44%$0.99837
0.02%$0.147364
-2.06%$0.170765
3.48%$0.413192
3.68%$1.013
-0.10%$0.302939
-0.03%$0.653021
0.99%$0.136706
9.25%$0.096244
6.93%$4.55
3.55%$0.082051
1.72%$0.619257
1.25%$0.132663
3.89%$0.264347
3.70%$1,096.54
-0.11%$0.074204
-2.47%$0.079711
6.30%$0.288705
-0.44%$11.54
1.53%$0.22587
2.87%$0.311807
-2.38%$0.00149156
2.99%$0.363484
0.38%$0.251751
1.13%$0.0040318
2.27%$0.13053
-0.21%$0.0216963
-6.55%$0.204165
5.04%$1.001
0.00%$12.42
9.11%$2.37
3.24%$1.46
1.85%$0.336897
2.25%$0.113876
-6.15%$0.04553343
10.99%$0.999895
-0.04%$1.73
-9.45%$1.064
0.10%$0.995883
0.12%$0.999926
0.04%
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.
