$101,919.00
4.05%$3,679.33
1.84%$7.73
2.26%$2.40
0.96%$726.77
2.92%$217.39
2.70%$0.388922
3.12%$0.999862
0.05%$1.095
1.63%$3,675.41
1.92%$0.26874
3.42%$43.92
4.15%$4,366.79
1.66%$5.08
-1.32%$23.64
2.43%$5.75
1.57%$0.00002399
2.10%$0.442303
1.92%$101,154.00
3.49%$0.308515
3.62%$3,679.86
1.84%$482.98
3.80%$15.01
0.04%$0.00002059
1.30%$113.86
-0.34%$25.27
5.00%$9.10
-0.14%$6.21
4.06%$3,888.66
1.91%$5.96
2.82%$0.999477
0.21%$12.14
2.24%$0.999917
-0.04%$10.25
3.82%$340.19
1.09%$1.36
-1.47%$8.79
8.44%$550.03
-0.22%$0.162342
3.62%$0.522186
2.53%$28.54
2.63%$0.052193
4.74%$1.56
-0.18%$3.94
-1.47%$27.11
5.93%$4.04
4.04%$0.91207
0.67%$202.97
2.56%$46.66
2.47%$5.94
2.41%$1.17
-7.43%$0.410038
2.92%$0.123005
0.42%$50.73
0.78%$7.38
2.01%$2.10
1.47%$1.81
4.39%$0.04318597
8.78%$0.00003477
3.59%$5.46
-0.06%$2.54
5.16%$25.91
3.72%$1.47
3.13%$2.26
27.28%$0.772573
-4.62%$1.071
-0.75%$0.246355
3.72%$18.46
2.46%$2.58
9.85%$3,683.88
1.95%$1.53
0.72%$101,807.00
3.92%$0.771511
-4.79%$2.07
0.49%$0.46115
2.63%$0.00019937
1.35%$0.998435
0.13%$4,124.56
1.79%$0.03911933
1.37%$1.001
0.04%$3,792.81
1.67%$2.01
-2.61%$0.04246479
2.98%$116.25
-0.64%$0.689666
5.56%$3,879.50
2.13%$101,247.00
3.59%$4.87
0.22%$5.57
-2.25%$3.62
2.10%$0.02683618
0.82%$0.100072
6.12%$0.148711
-0.68%$0.02803728
0.95%$1.44
0.72%$222.46
2.62%$1,624.34
3.95%$0.396772
3.40%$1.54
5.53%$0.910238
2.13%$1.37
0.63%$101,616.00
3.96%$11.13
0.29%$0.23236
4.09%$0.379323
7.38%$1.14
5.19%$0.00000131
9.99%$0.9531
2.47%$0.826082
3.62%$0.518497
0.64%$0.992317
-2.22%$18.78
-2.15%$37.03
2.91%$271.61
2.50%$3,793.24
1.71%$1.64
4.17%$1.18
-7.61%$0.722972
2.31%$58.97
3.94%$16.36
3.90%$1.23
2.61%$7.22
3.89%$6.36
-0.89%$1.48
0.95%$1.026
0.25%$0.568936
4.20%$38.04
3.11%$0.00000263
-8.47%$0.521074
2.41%$0.388082
2.73%$98,153.00
1.96%$1.35
1.54%$3.78
9.80%$58.89
2.64%$16.14
-4.42%$16.96
-1.44%$3,639.39
0.70%$3.22
4.28%$727.16
2.94%$0.091837
13.27%$0.01632807
-1.50%$101,582.00
3.92%$0.094419
3.86%$5.33
1.26%$3,676.43
1.68%$0.176609
0.39%$0.303625
0.02%$3.99
-2.06%$0.223488
6.59%$0.827151
-2.11%$232.41
2.75%$2.76
-0.50%$0.660438
3.08%$3,679.87
1.88%$0.00003941
6.76%$2.02
1.97%$0.998404
0.29%$84.39
0.68%$2.18
1.80%$0.00736862
2.53%$282.62
-1.16%$1.64
4.33%$2.98
-1.54%$3,883.58
2.08%$0.715734
-2.87%$0.00680431
1.45%$1.54
-0.13%$0.01003014
2.32%$0.00809313
-1.76%$0.74836
3.15%$99,605.00
2.53%$0.00011977
1.26%$5.87
3.39%$2,635.39
0.04%$0.99663
0.22%$0.075847
1.87%$0.09232
2.45%$0.00695646
3.41%$29.43
1.80%$3,992.14
1.47%$16.55
3.02%$0.432622
2.25%$0.546238
-0.03%$0.999356
0.10%$0.274578
2.75%$36.03
1.50%$0.01258478
1.24%$1.073
3.74%$1.68
2.38%$0.080598
2.15%$0.555664
14.68%$0.00742143
9.08%$0.00
2.34%$101,885.00
4.04%$0.00000055
3.04%$3,661.88
1.66%$3.27
-6.68%$100,600.00
3.31%$3,677.20
1.78%$2,649.75
0.23%$17.13
-1.17%$1.27
2.24%$43.10
1.04%$1.25
8.28%$2.38
2.06%$0.51257
-3.55%$0.999906
0.02%$0.00642129
0.32%$0.066993
2.74%$0.49671
30.56%$1.00
0.20%$0.48853
9.56%$3.76
-1.86%$0.070996
2.81%$3,855.64
1.96%$3,960.05
1.83%$0.477797
69.64%$0.00695253
1.50%$4.79
4.24%$0.949827
-2.00%$0.297709
-1.66%$0.00070152
34.68%$0.02416087
5.84%$101,656.00
3.94%$0.00261258
2.43%$0.248864
0.97%$0.464346
-1.85%$3,672.55
1.32%$0.542656
3.02%$28.55
4.97%$1.07
0.36%$0.00106027
-1.08%$0.247448
3.24%$0.04444725
10.50%$0.076584
8.03%$0.165396
3.55%$3.33
-0.89%$1.00
0.08%$0.426228
21.84%$5.21
-1.62%$87.61
3.83%$0.422521
2.02%$0.169394
-3.23%$0.643482
-0.91%$5.34
4.26%$0.278962
6.36%$0.732962
2.48%$0.01144291
2.28%
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.
