Oliver Knight is a CoinDesk reporter based between London and Lisbon. He does not own any crypto.

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.

UPDATE (Sept. 20, 08:28 UTC): Updates headline and adds context throughout and details on hacker's wallet.



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Oliver Knight is a CoinDesk reporter based between London and Lisbon. He does not own any crypto.

CoinDesk - Unknown

Oliver Knight is a CoinDesk reporter based between London and Lisbon. He does not own any crypto.