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Crypto Market Maker Wintermute Hacked for $160M; MicroStrategy Buys 301 More Bitcoins

The most valuable crypto stories for Tuesday, Sept. 20, 2022.

September 20, 2022
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"The Hash" hosts talk about how 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. Plus, a new Securities and Exchange Commission filing reveals MicroStrategy  bought 301 bitcoins (BTC) between Aug. 2 and Sept. 19 for about $6 million.

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This episode has been edited by Nia Freeman. Our executive producer is Jared Schwartz. Our theme song is “Neon Beach.”