Crypto Market Maker Wintermute Hacked for $160M, OTC Services Unaffected

Wintermute's lending and OTC operations have not been affected despite the hack.

AccessTimeIconSep 20, 2022 at 8:15 a.m. UTC
Updated May 11, 2023 at 5:53 p.m. UTC
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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

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


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