$71,835.00
4.50%$2,229.06
6.14%$1.29
5.42%$1.36
3.97%$606.75
0.36%$0.999934
-0.00%$83.91
4.74%$0.318205
1.29%$1.031
-0.26%$0.093937
2.37%$0.999893
0.00%$53.34
3.43%$0.255239
4.81%$10.12
-0.02%$38.60
5.85%$445.77
2.53%$9.09
4.88%$335.91
2.50%$0.999981
0.01%$331.34
22.66%$0.142106
-0.41%$0.159961
2.86%$2.69
3.54%$0.999353
-0.05%$54.69
1.80%$9.26
7.63%$1.00
0.01%$0.090443
4.32%$0.933935
6.60%$0.0074335
3.41%$0.00000601
1.82%$334.37
7.18%$1.26
2.95%$0.096001
0.47%$0.070452
1.80%$1.12
0.13%$4,707.59
1.24%$4,721.81
1.28%$1.00
0.00%$0.677938
5.03%$3.19
3.93%$0.999916
-0.01%$0.078164
5.84%$84.36
2.58%$1.36
9.46%$0.99792
0.02%$0.168988
1.17%$0.673511
1.24%$0.00000175
1.22%$0.00000359
5.41%$0.999993
-0.05%$94.85
8.12%$2.52
9.39%$1.00
0.02%$8.56
1.96%$1.90
3.56%$0.999799
0.05%$1.12
0.90%$1.10
0.02%$0.263802
4.16%$6.59
2.04%$8.41
2.96%$76.03
4.30%$2.06
8.10%$0.00178998
2.83%$0.116565
3.65%$0.090467
1.12%$1.72
3.93%$1.23
0.83%$1.79
4.26%$0.03274877
4.50%$0.874083
3.39%$1.00
0.09%$0.265893
5.86%$11.05
0.01%$0.091176
11.08%$83.06
0.00%$3.02
6.05%$0.902731
5.02%$0.04084349
-0.20%$0.846864
1.91%$114.84
0.01%$0.01158611
8.48%$0.0074796
2.64%$0.00734328
4.01%$0.0312438
-0.69%$0.080027
0.06%$0.999911
-0.01%$0.101209
6.76%$0.999379
-0.04%$0.163827
2.75%$0.06522
2.59%$0.0264676
2.78%$0.99585
-0.45%$0.246192
5.78%$0.00000593
4.74%$2.02
6.55%$0.999658
0.07%$1.50
2.79%$0.01230823
-0.51%$0.674774
7.48%$0.579544
0.81%$1.17
0.86%$33.10
8.72%$0.00666304
5.70%$0.225589
4.70%$1.029
0.02%$0.99969
0.04%$0.03835358
2.03%$0.358177
4.31%$0.05666
6.07%$7.89
-10.01%$20.96
7.56%$0.99979
0.02%$152.08
1.28%$1.03
-0.00%$4.48
1.15%$0.449214
1.47%$0.995359
-7.40%$0.03169863
20.59%$0.01762876
2.02%$16.86
1.92%$0.222216
7.30%$124.40
4.03%$0.067233
-0.80%$0.00000033
0.06%$0.00000032
2.35%$6.94
3.27%$0.342958
10.06%$0.128919
5.46%$2.96
4.23%$0.084404
0.28%$74.90
3.62%$0.303424
7.24%$0.04764722
2.72%$0.324292
4.63%$0.304614
6.50%$0.993599
-0.07%$0.00002819
3.74%$1.00
0.01%$0.269171
-0.03%$0.051244
4.17%$0.00534038
3.97%$0.02431921
2.62%$0.2258
3.77%$0.059687
6.58%$1.035
-2.91%$0.00000122
1.30%$0.999713
0.25%$0.00259164
4.42%$0.04371124
5.86%$16.06
1.48%$0.116559
6.53%$0.136073
-5.14%$11.42
1.28%$1.79
5.23%$5.81
3.80%$0.984361
0.00%$0.99994
0.01%$0.058923
-0.24%$0.00226174
5.03%$0.079199
4.84%$0.064901
5.00%$0.204374
14.82%$0.00003699
2.91%$0.02463357
-0.74%$2.77
2.23%$1.21
1.57%$0.195372
7.19%$1.046
4.48%$1.12
2.25%$0.03352369
2.79%$1.00
0.00%$1.071
0.09%$19.00
14.36%$0.187999
4.02%$2.23
4.43%$0.00477244
2.87%$0.507792
2.36%$1.052
4.99%$0.17148
-4.26%$0.999498
0.11%$0.088659
5.35%$0.63223
3.37%$0.073831
5.44%$1.08
0.01%$0.299379
1.69%$0.071819
1.61%$0.402563
4.30%$1.00
0.00%$1.79
0.25%$1.82
6.55%$0.162103
2.49%$0.0428897
7.33%$48.00
0.02%$0.995984
0.11%$0.086447
3.57%$10.21
3.82%$0.305833
3.83%$0.00153345
0.34%$0.10086
1.72%$1.21
0.58%$94.91
0.26%$0.999761
0.09%$0.00307343
8.01%$0.01522156
2.38%$0.400231
3.85%$0.00000701
2.93%$28.65
6.27%$1.00
-0.03%$1.091
0.02%$0.295411
4.35%$1.018
0.20%$3,495.54
3.27%$1,094.89
0.02%$0.080013
3.06%$0.093212
4.97%$0.129337
4.32%$0.00129051
48.97%$0.412671
0.82%$0.00000064
-1.35%$1.65
2.73%$0.085807
-5.40%$0.999491
0.02%$0.279024
4.68%$0.130434
-0.39%$0.465628
7.58%$0.304334
7.38%$0.00660339
2.58%$1.17
0.85%$0.218781
5.32%$0.998931
-0.19%$0.298713
0.25%$0.658072
15.46%$0.143052
4.64%$0.998542
-0.12%$0.994162
0.51%$0.00000085
2.02%$0.01606579
0.42%$0.167544
9.21%$0.538107
5.51%$1.00
0.00%$1.001
0.07%$3.84
4.18%$1.42
3.27%$0.245978
-1.61%$1.72
3.85%$1.72
3.71%
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.
