$60,374.00
0.91%$1,582.13
0.57%$0.826644
-3.19%$561.52
-0.72%$0.99974
-0.01%$1.055
1.18%$71.43
-1.02%$0.320505
0.19%$1.037
3.11%$62.68
-1.95%$0.074817
-0.92%$0.999539
0.00%$0.01558663
-0.58%$9.41
1.71%$401.35
-4.88%$0.152919
0.47%$0.174628
-2.29%$313.54
-2.29%$48.17
-0.28%$7.33
0.22%$0.145748
-1.14%$16.30
-13.80%$0.998988
-0.04%$0.998053
-0.00%$1.56
0.63%$197.68
0.07%$42.44
1.56%$0.072154
1.46%$1.13
0.00%$1.00
-0.01%$6.43
1.16%$0.685642
-1.65%$0.999863
-0.03%$0.054841
0.25%$0.00000423
0.36%$4,065.50
-0.07%$1.90
5.80%$1.00
0.00%$1.13
-0.40%$210.57
-1.08%$0.058029
-0.06%$4,071.53
-0.07%$2.94
-0.76%$0.623427
-1.13%$79.06
5.14%$0.456474
-2.59%$0.999979
0.01%$0.313699
-0.76%$0.00000167
-0.19%$0.438792
-0.02%$94.02
1.01%$0.994523
0.15%$0.130363
1.90%$0.998286
-0.03%$0.9985
0.03%$2.16
-2.23%$0.04947816
-0.79%$1.64
0.33%$1.75
0.12%$7.14
-2.30%$0.785599
2.48%$21.86
5.04%$0.999611
-0.04%$0.00000239
0.51%$107.03
0.00%$65.81
-2.00%$1.20
-0.02%$6.83
1.08%$0.03827082
2.52%$1.11
0.00%$0.999986
0.02%$1.58
1.82%$1.57
-1.35%$11.13
0.00%$0.02787323
-0.52%$0.08574
3.32%$0.070767
-0.85%$0.222655
-2.05%$0.999726
0.01%$0.085391
4.38%$0.726761
-0.67%$0.077884
-1.68%$2.48
0.91%$0.71245
-1.85%$6.57
1.04%$1.039
0.00%$0.083847
3.04%$13.45
-1.09%$4.92
3.41%$1.15
-0.02%$0.997657
-0.02%$0.734745
-1.35%$1.38
105.27%$0.00669784
-1.63%$0.00140016
7.03%$0.999926
0.01%$0.02797601
-0.11%$0.998492
-0.03%$0.00945674
0.59%$0.0310885
1.64%$0.999772
0.04%$0.997625
0.05%$0.585921
-2.14%$0.01226295
0.41%$4.77
0.78%$0.074059
0.27%$0.4699
-0.98%$1.74
-3.58%$1.14
-0.03%$1.33
-0.35%$33.37
-3.73%$0.836492
-2.61%$115.70
0.00%$1.044
0.03%$1.67
-1.41%$0.173963
-0.02%$0.00619711
1.07%$0.00446995
0.52%$0.00000417
-0.28%$0.537243
1.83%$0.374442
-1.68%$0.997031
0.03%$0.050493
-4.03%$0.00006115
-4.21%$0.350025
-2.77%$0.343786
5.19%$0.01663984
-0.35%$0.136146
-2.68%$0.168385
0.20%$0.505751
6.08%$125.75
-2.35%$0.191692
-0.86%$0.743447
-1.37%$104.17
-0.14%$0.1298
1.29%$0.03375441
-2.00%$0.101389
-2.24%$0.00000026
1.43%$0.00000026
0.28%$12.54
10.90%$0.250609
-30.31%$0.988147
-0.62%$15.84
-0.87%$0.214532
-0.14%$0.23181
-3.22%$0.00234637
-1.90%$0.99778
-0.22%$0.00237593
1.37%$0.01896041
-1.37%$0.809552
24.53%$0.00447568
-3.24%$0.063781
-2.51%$0.04237294
-1.50%$65.16
1.19%$0.218637
-0.25%$0.100457
-5.03%$0.98245
-0.10%$0.00000102
0.42%$1.25
-1.48%$55.44
-3.81%$0.00002171
-1.73%$0.246897
-0.60%$0.03513483
1.35%$1.12
0.14%$11.65
3.11%$1.00
0.00%$0.059999
1.50%$0.78046
-2.13%$0.077966
1.14%$0.999721
0.01%$0.661233
2.51%$0.01785463
-0.87%$0.066932
0.93%$0.02894106
-0.13%$0.998106
0.00%$0.01770313
-1.23%$0.237655
7.52%$2.04
0.40%$0.999622
-0.01%$0.998722
0.00%$4.18
0.14%$0.146537
7.13%$0.978215
-2.86%$0.03761902
-2.60%$0.167766
9.45%$1.088
0.00%$0.616538
-0.42%$1,938.93
-2.50%$1.085
0.03%$1.00
0.00%$0.164789
1.17%$0.072121
-25.71%$0.994597
0.06%$1.69
0.04%$15.85
-0.59%$0.00392292
5.07%$0.997957
-0.17%$9.68
-1.46%$0.352688
-0.13%$0.886867
-1.46%$1.14
-0.03%$0.556484
0.53%$1,596.35
0.51%$0.138131
-6.75%$1.012
0.00%$0.560327
9.83%$1.91
-0.75%$1.00
0.00%$0.395373
-1.43%$0.131217
-0.90%$0.387458
-1.98%$0.129676
1.26%$0.152599
-3.23%$0.04727165
0.48%$0.084237
-1.30%$2.19
0.49%$0.064144
-1.82%$1.00
0.00%$0.130426
0.05%$0.278055
2.50%$0.292219
1.72%$0.508466
29.36%$1.013
-1.50%$1.84
-2.04%$0.999266
-0.01%$0.061525
-7.73%$0.096876
-0.37%$1.019
-0.23%$0.0311402
3.80%$0.01150165
-6.71%$1,100.70
-0.00%$78.28
-0.11%$0.00000191
-5.95%$0.33772
5.82%$0.999924
0.03%$1.00
0.00%$0.281355
0.74%$0.996924
0.01%$0.04495621
-10.57%$1.00
0.00%$0.00227663
-2.81%$0.306757
-5.12%$0.059676
-2.86%$0.233087
0.55%$0.213122
-0.67%$1.00
0.00%$0.311335
4.48%$0.999562
0.00%
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.
