• September 28, 2023

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Wintermute Loses $160M as a Result of Hacker Attack

ByLouis Adams

Sep 20, 2022 #Hackers
Reading time: < 1 minute

Wintermute, a popular market maker, has lost about $160 million in crypto assets as a result of a hacker attack.

According to the CEO of the platform, Evgeny Gaevoy, the attack was aimed at DeFi operations. He has assured that OTC and CEX modules work as before.

He has added that Wintermute is solvent despite the attack because its reserves are twice the amount stolen. He has said:

‚ÄúToday and possibly over the next few days, our services will malfunction, after which everything will fall into place.”

90 different assets have been reportedly stolen.