$63,852.00
0.06%$1,839.51
-1.29%$0.850819
-1.63%$567.26
-1.03%$0.999904
0.01%$1.088
-0.39%$75.04
-0.65%$0.322644
-0.21%$1.026
0.65%$59.71
-2.75%$0.072454
-0.30%$0.999821
0.00%$0.01407549
-3.27%$546.36
2.44%$9.80
0.11%$55.68
-0.16%$0.185028
0.60%$0.167472
3.72%$330.18
-1.78%$8.25
-1.17%$0.127913
-2.50%$219.34
-1.92%$0.999502
0.11%$1.49
-2.11%$0.99979
0.01%$45.10
-0.36%$1.002
-0.47%$1.13
0.00%$0.739045
-0.73%$0.062161
2.00%$0.999815
0.00%$0.065671
-1.51%$6.59
1.31%$1.00
0.00%$1.92
-3.03%$4,005.75
0.40%$0.00000414
-0.37%$3.61
1.85%$1.14
0.06%$194.15
1.22%$0.37329
0.86%$0.05718
-1.43%$4,004.83
0.49%$80.98
0.04%$36.18
1.79%$0.623014
0.20%$1.25
2.90%$0.00000182
0.75%$1.00
0.01%$0.999263
0.01%$0.995505
0.01%$0.425477
-3.61%$0.059506
-2.73%$0.385963
-1.40%$89.66
-1.98%$0.998639
0.03%$1.96
-6.15%$2.14
0.42%$0.00000275
0.31%$1.64
0.03%$7.02
0.72%$1.00
0.10%$0.999996
-0.00%$1.21
-0.04%$106.19
0.00%$64.60
1.32%$0.083621
10.44%$6.61
-1.78%$0.082875
1.27%$0.03560223
-9.04%$1.11
0.01%$1.15
-0.02%$6.56
-6.64%$0.097775
0.15%$0.082423
0.06%$1.51
-0.39%$1.48
-0.61%$0.0277978
-2.01%$11.15
0.01%$2.43
-5.80%$0.751775
0.80%$0.083485
1.35%$6.68
0.65%$0.697646
-3.80%$1.041
-0.00%$0.084777
-4.72%$0.00164273
-1.46%$0.195075
-0.23%$0.764424
-1.25%$0.998812
0.06%$0.090834
1.61%$2.30
1.03%$0.00654461
-0.99%$0.999906
-0.00%$0.02780287
0.95%$0.998719
0.01%$11.30
5.10%$0.622847
1.99%$0.999977
-0.01%$5.20
6.88%$0.997146
-0.07%$0.01225592
-0.07%$0.00860311
5.97%$0.02759007
-7.97%$1.00
-0.02%$1.40
0.57%$0.462082
-2.36%$34.05
1.70%$1.14
-0.07%$0.441481
3.56%$0.633241
0.47%$1.049
0.02%$0.00471879
-0.64%$115.92
0.01%$0.04925491
-3.56%$0.00599841
-1.12%$1.56
0.58%$0.159334
0.02%$0.37364
-6.21%$0.01820874
0.69%$0.99701
-0.02%$0.215975
-1.09%$0.356782
1.17%$0.00005821
-0.84%$0.04664362
-1.95%$130.48
2.12%$0.370013
0.29%$0.166305
-0.14%$113.29
-1.78%$0.846642
-0.95%$0.566042
-0.40%$18.62
0.11%$0.00000314
-7.36%$0.778009
-4.55%$0.112141
-7.98%$0.00000027
-0.19%$13.31
1.63%$0.03946741
0.13%$1.55
-0.32%$0.00000027
0.35%$0.02191945
1.11%$0.22176
0.55%$0.04608897
2.28%$0.988428
-0.19%$0.070612
-0.37%$1.12
0.03%$0.367455
-1.22%$0.09172
13.67%$0.00073607
0.00%$0.064948
-2.07%$0.00453709
3.09%$0.085162
-2.31%$12.62
-4.44%$0.096385
-2.64%$0.518529
0.73%$57.19
2.92%$63.81
0.10%$0.181163
-0.70%$0.00002156
-0.74%$0.856052
-0.30%$0.999566
0.03%$0.999629
0.00%$1.00
0.00%$0.00000096
0.13%$0.99968
0.00%$2,356.69
-1.24%$0.199306
-0.90%$0.00200077
-6.00%$0.0328739
-2.54%$1.00
0.00%$0.02770717
-2.83%$0.998812
0.01%$4.50
5.05%$0.01708743
-1.04%$0.062106
-3.03%$0.673821
-0.19%$0.00190443
-5.11%$2.10
0.62%$0.651041
-0.10%$0.236183
-2.21%$1.10
0.00%$0.01597626
-4.61%$17.00
-1.80%$0.03602164
1.25%$0.937687
-4.14%$1.00
0.00%$1.09
0.01%$1.089
0.05%$0.543994
-2.62%$0.994002
-0.12%$0.00000782
18.08%$0.155959
2.39%$0.01541641
-0.85%$0.437808
5.49%$1.67
0.34%$0.155463
1.17%$0.939897
-5.83%$9.79
-0.22%$1.17
-1.28%$0.998159
-0.08%$1,861.42
-1.48%$1.14
-0.05%$0.147622
-2.09%$0.428618
1.19%$0.073629
2.02%$1.014
0.04%$0.344683
-2.19%$0.143363
-3.47%$0.00362012
-0.37%$1.95
0.11%$91.16
-0.08%$1.00
0.00%$0.133351
-2.04%$0.060207
0.90%$0.132133
-1.05%$0.223148
-1.12%$0.0345082
0.11%$0.999473
0.01%$0.04766161
-0.82%$1.92
-1.53%$0.125203
-6.70%$0.130332
0.17%$13.05
0.02%$0.060873
2.57%$0.079819
-0.21%$0.239142
0.34%$0.473789
-4.53%$1.019
0.00%$0.26041
-10.43%$1.001
0.21%$1,105.00
0.02%$0.069628
-4.01%$0.284466
0.87%$0.269427
1.70%$1.00
0.00%$3.20
0.00%$0.114067
-1.78%$1.21
-1.87%$0.998356
0.02%$2.35
0.52%$1.00
0.00%$0.109799
-5.26%$0.067183
-1.47%$0.323033
-2.17%$0.999822
0.03%$0.00099206
15.31%$0.128144
-2.68%$0.055543
-1.17%
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.
