$61,443.00
1.42%$1,609.69
3.46%$0.945611
1.24%$588.51
2.49%$0.999671
-0.00%$1.12
3.80%$63.97
3.50%$0.325423
0.78%$1.033
0.29%$0.083319
3.01%$57.70
2.27%$0.999746
-0.00%$9.51
0.41%$0.01313496
2.36%$409.47
15.18%$0.202187
-1.42%$0.160727
1.04%$0.159005
1.04%$299.48
1.87%$7.59
3.69%$43.92
1.83%$0.999211
-0.02%$0.999488
0.00%$1.65
2.72%$219.43
2.44%$13.10
9.10%$3.07
5.73%$0.080102
1.83%$41.28
0.15%$0.731542
3.20%$0.999858
0.00%$6.56
-1.05%$1.13
0.00%$0.00000461
2.12%$0.059584
2.59%$4,293.25
0.14%$1.98
6.02%$1.00
0.01%$1.00
0.00%$1.13
-0.42%$4,297.22
0.08%$205.00
5.21%$0.533229
3.11%$0.05463
-1.30%$0.999886
0.00%$0.334858
4.55%$0.622506
-0.11%$0.00000176
1.78%$0.463937
10.62%$2.48
2.43%$70.49
2.06%$0.996125
0.00%$0.129715
5.01%$0.749051
29.45%$0.999645
0.00%$0.999316
-0.01%$0.056678
1.97%$1.83
0.12%$2.30
1.01%$0.00000271
2.25%$6.92
2.68%$1.67
2.06%$1.00
0.01%$0.999903
0.01%$68.09
5.09%$1.21
-0.07%$107.06
0.00%$11.10
0.00%$61.37
1.62%$1.28
51.67%$19.80
-1.69%$3.18
40.10%$1.11
0.00%$1.66
2.79%$6.29
3.51%$1.62
1.48%$0.03034655
-0.26%$0.077741
2.39%$0.091051
-0.90%$0.811512
4.41%$0.08711
-3.48%$0.03355946
1.00%$0.74778
1.64%$15.94
0.54%$0.0781
-4.67%$6.25
2.10%$0.078522
-0.24%$0.00700308
5.15%$0.742237
2.04%$0.999295
0.01%$0.0291457
-0.84%$0.998549
0.01%$0.651658
0.45%$0.999733
0.00%$0.0097968
4.33%$5.22
3.33%$0.01314183
0.18%$0.00146655
4.47%$115.47
0.00%$0.079923
0.92%$0.150385
-1.68%$0.999771
0.08%$0.999247
-0.02%$0.02882553
-6.74%$0.205234
5.63%$36.29
14.97%$1.16
-0.07%$0.193753
7.59%$1.15
-0.02%$1.037
0.00%$0.00657361
5.52%$0.00474638
1.16%$0.952586
1.63%$1.23
1.79%$3.69
-0.34%$1.041
0.02%$1.60
2.12%$0.00000426
1.65%$0.555839
3.46%$0.00006522
8.43%$0.04202121
-7.03%$0.997302
0.02%$0.01760019
1.78%$0.181603
1.81%$1.34
-8.09%$139.01
-0.77%$0.04802634
2.41%$0.323834
2.60%$0.11755
6.24%$0.290473
25.20%$0.190131
4.98%$0.597748
19.45%$0.305458
3.07%$0.298668
1.04%$0.995111
-0.18%$0.130656
2.69%$0.00000027
1.67%$0.00000026
-1.00%$0.090952
-0.31%$0.237286
-2.21%$17.14
-0.89%$0.290885
3.22%$67.76
-1.34%$0.00259789
0.00%$0.02443557
-0.60%$0.02127219
1.68%$0.999662
-0.02%$92.59
2.49%$0.03052108
-1.87%$0.068608
0.56%$11.84
0.70%$0.00245536
4.06%$0.0047192
3.01%$0.233648
-28.91%$0.00002384
3.32%$0.04403086
1.56%$0.22176
1.23%$0.878273
-3.35%$0.00000105
1.46%$0.260022
2.02%$64.86
2.75%$0.983719
0.00%$12.16
0.73%$0.01951753
-0.40%$0.0359583
-1.21%$0.345247
3.37%$1.22
2.64%$0.0326694
4.33%$0.04574421
3.52%$0.99987
0.24%$1.00
0.00%$0.998522
0.86%$0.092718
-1.17%$2,304.18
2.64%$1.26
1.01%$1.11
0.02%$4.54
0.88%$0.99929
0.08%$0.610115
8.06%$0.073288
3.06%$0.066557
3.33%$0.00000292
-1.86%$2.00
-0.09%$1.045
-1.21%$0.999506
0.01%$1.081
0.02%$0.050931
1.65%$0.612505
2.55%$1.00
0.00%$1.086
0.00%$0.459451
-1.49%$1.74
0.26%$0.915124
0.66%$0.994909
-0.04%$16.03
0.13%$0.343927
1.70%$0.153923
2.56%$0.567286
2.68%$0.15551
4.28%$0.127187
-0.32%$2.62
21.99%$1.22
-0.02%$0.360024
2.27%$0.99887
0.03%$2.11
-0.40%$0.148225
0.34%$1.01
0.00%$0.00374533
1.48%$1.00
0.00%$0.424788
5.51%$101.07
1.77%$0.999556
0.01%$0.051262
-0.61%$1.00
0.00%$0.060443
5.66%$8.63
3.81%$0.999512
0.01%$1.15
-0.10%$0.998259
-0.01%$0.999803
0.01%$0.999376
-0.01%$0.065729
-0.91%$0.17143
7.11%$0.298007
-0.23%$0.09757
4.26%$0.084287
2.85%$1.91
3.49%$1.023
-0.24%$0.129607
0.21%$0.03662426
12.11%$0.00253329
2.56%$0.03169153
-40.69%$0.26219
-1.58%$0.120402
1.03%$0.998656
-0.04%$0.332492
5.23%$0.137241
3.99%$1,097.85
-0.02%$1.00
0.00%$0.364579
8.91%$80.52
4.10%$0.00103737
2.92%$0.00113029
0.80%$0.03010697
1.55%$0.02526568
-7.84%$0.19307
2.07%$0.131487
5.43%$1.00
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.
