$96,120.00
-0.49%$2,797.18
2.28%$5.02
-1.53%$2.57
-0.74%$660.08
0.60%$169.81
-2.22%$0.999933
0.00%$0.244696
0.20%$0.772907
0.51%$2,792.95
2.32%$0.242206
2.17%$96,119.00
-0.43%$3,341.77
2.36%$17.76
0.81%$25.17
-0.52%$3.33
-0.69%$0.331009
0.29%$127.76
-0.07%$3.79
4.07%$0.00001561
0.96%$9.74
-0.16%$0.211937
-1.15%$1.00
-0.02%$8.46
11.29%$23.74
-3.28%$2,797.04
2.28%$328.29
2.89%$5.08
1.71%$1.00
0.10%$2,964.83
2.25%$9.09
1.94%$233.38
0.26%$3.42
-4.94%$0.00000945
-0.82%$27.43
0.19%$247.87
0.96%$6.15
1.58%$1.13
-3.99%$422.97
-2.79%$7.10
-0.27%$16.09
-1.79%$20.75
2.03%$0.916642
-1.36%$37.78
2.26%$49.57
0.86%$23.31
0.85%$1.04
-0.01%$96,062.00
-0.60%$0.03189824
-0.32%$0.8085
-8.23%$0.099625
-0.56%$0.296277
0.63%$0.085107
-0.75%$0.262722
-1.62%$3.44
2.14%$4.17
-2.54%$4.93
1.66%$0.480658
-0.38%$0.998644
0.00%$0.773716
-4.11%$3.73
-2.69%$0.762088
-3.51%$96,299.00
-0.59%$1.16
4.17%$3.95
-0.07%$2,797.00
2.24%$2,897.95
1.95%$15.36
0.99%$1.67
-0.23%$12.06
-0.11%$95,769.00
-0.94%$0.930794
1.57%$0.449762
0.37%$3,158.19
2.37%$95.17
-0.45%$1,598.36
6.55%$0.086302
-0.64%$1.33
-0.77%$1.33
-1.61%$176.24
-2.07%$0.137338
-0.96%$1.24
0.84%$2,951.41
2.31%$0.272049
-1.60%$0.713323
-0.89%$0.00001588
-0.23%$4.20
-6.50%$0.01990726
0.28%$0.490525
1.31%$0.997323
-0.06%$4.38
0.27%$18.53
-0.64%$0.02106429
-0.93%$0.01096704
4.27%$0.02285141
-1.56%$0.647106
2.75%$95,013.00
-1.61%$0.00009489
0.24%$27.55
1.55%$0.880345
-1.09%$2,900.22
2.38%$0.24377
1.40%$0.353366
-1.02%$215.35
-2.08%$0.00000084
-0.70%$0.227393
2.17%$0.52705
0.50%$659.87
0.60%$2.75
-6.23%$0.136843
5.48%$1.19
-4.17%$1.00
-0.03%$96,126.00
-0.45%$1.22
1.33%$37.99
2.10%$10.65
0.17%$6.92
-4.09%$2.51
3.65%$2,935.79
-0.03%$2,950.98
2.54%$184.70
-2.22%$4.21
-0.61%$3.77
5.89%$0.716398
0.59%$0.666504
-1.71%$0.515824
2.26%$23.43
0.53%$0.805831
0.42%$0.244879
0.30%$0.99917
-0.04%$2,797.86
2.34%$2,964.86
0.42%$9.38
-1.27%$0.01871568
5.13%$0.122588
2.35%$0.232171
1.34%$37.25
2.26%$0.315198
-0.24%$2,797.50
2.27%$0.796817
0.77%$31.01
3.90%$0.719018
0.28%$3.47
-0.58%$94,491.00
-0.13%$9.25
-4.73%$0.999652
-0.01%$2,794.20
2.15%$0.00861107
-2.73%$0.297913
0.71%$2.18
0.46%$0.00002657
2.20%$0.997047
0.01%$0.520485
-0.79%$0.516543
11.32%$0.00565768
-1.47%$0.074038
-0.48%$0.442256
-1.00%$0.00953353
-1.43%$56.05
3.04%$2.20
-0.68%$0.999573
-0.04%$0.998519
0.05%$0.052426
-0.00%$0.00866211
-1.73%$95,990.00
-1.22%$1.96
-2.86%$0.441819
2.04%$96,250.00
-0.05%$0.01039658
-0.07%$0.165404
-0.24%$0.04767281
-3.40%$1.33
-6.85%$178.84
0.92%$5.90
0.53%$1.84
1.94%$0.492129
3.65%$0.00530203
-0.32%$2,762.87
2.29%$0.00000045
1.11%$1.00
0.02%$110.05
0.00%$96,249.00
-0.28%$0.361782
1.02%$84.13
-0.55%$1.037
0.20%$0.427164
42.60%$3,050.94
2.26%$0.417747
-4.57%$0.410408
-2.07%$1.078
-0.03%$0.161355
-0.36%$0.990081
-0.47%$0.00007325
-0.64%$2,795.12
2.23%$1.00
0.00%$0.106534
0.26%$0.355745
-11.53%$2,932.93
1.86%$2,797.04
2.29%$1.079
0.14%$0.267719
1.00%$1.53
-4.66%$2,790.05
2.28%$3,028.75
2.40%$22.22
1.72%$0.795547
0.64%$1.011
2.02%$0.04181147
0.43%$0.340887
2.88%$0.04926471
0.26%$0.03391387
1.02%$0.04382991
-0.04%$0.00445616
0.90%$27.26
0.26%$2.97
2.86%$0.331698
-7.38%$95,542.00
-1.73%$0.658948
1.92%$1.019
0.28%$20.27
-0.28%$2,906.65
2.23%$0.146717
-2.18%$0.754487
-0.67%$3.41
0.58%$0.703509
2.82%$3.01
-1.54%$1,929.86
-0.46%$95,991.00
-0.37%$0.00672799
1.48%$0.00000079
1.26%$0.00299569
0.78%$0.735032
0.13%$3,015.86
2.11%$5.48
-0.59%$0.554397
-0.18%$1.00
0.10%$7.49
3.71%$0.00338092
-2.12%$0.145781
1.76%$3,115.05
2.28%$0.00099543
-2.43%$0.01475974
0.37%$0.04274147
0.05%$13.57
6.15%$7.40
0.54%$2,829.05
2.90%$0.00067257
-5.08%$0.330178
2.50%
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.
