HacCrypto market maker Wintermute’s CEO Evgeny Gaevoy revealed that the agency was hacked for $160 million in its DeFi operations.
We’ve been hacked for about $160M in our defi operations. Cefi and OTC operations are usually not affected
— wishful cynic (@EvgenyGaevoy) September 20, 2022
Based on Gaevoy, round 90 property had been hacked, with solely two having a notional worth of greater than $1 million (and none greater than $2.5M). He said that he didn’t count on any main sell-off.
Gaevoy didn’t reveal the affected digital property.
Gaevoy continued that market-making funds are protected, including that lenders who need to recall their funds to the agency can “completely do this.”
In the meantime, the CEO stated the agency’s Cefi and OTC operations weren’t affected by the hack.
Gaevoy additionally reiterated that the agency stays solvent.
The agency additionally expressed willingness to deal with the hack as a white hat assault, urging the hacker to get in contact.
Wintermute is among the largest market makers within the crypto business. The agency lately turned the official market maker for Tron (TRX) blockchain. The market maker additionally offers liquidity on main exchanges like Binance, FTX, Huobi, and many others.
CryptoSlate couldn’t get a response from Wintermute as of press time.
