Crypto Market Maker Wintermute Hacked for $160M, Says CEO
Cryptocurrency market maker Wintermute has lost $160 million in a hack relating to its decentralized finance (DeFi) operation, according to a tweet from the company's founder and CEO Evgeny Gaevoy
- The firm's lending and over-the-counter (OTC) services have not been affected.
- Wintermute's CEO Evgeny Gaevoy said that the company remains solvent with "twice over" $160 million remaining in equity.
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 added that the company is still treating the hack as a "white hat" event and asked the hacker to get in touch.