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In a significant breach, Wintermute was hacked, suffering a loss estimated at $160 million.

Wintermute was hacked, experiencing significant losses estimated around $160 million. This information was conveyed in a tweet. thread In a tweet from Evgeny Gaevoy, the founder and CEO of Wintermute, he reassured that the company remains solvent, holding more than $160 million in equity.

Moreover, Gaevoy explained that out of the ninety assets affected by the hack, only two exceeded the $1 million mark, but didn't go above $2.5 million.

It's worth noting that the platform's lending and over-the-counter services were unaffected, and according to Wintermute’s CEO, operations should return to normal within a few days.

On-chain sleuth ZachXBT The investigators specializing in major crypto attacks have already pinpointed the hacker's identity. wallet Currently, the hacker allegedly holds over $9.3 million worth of ETH and nearly $38 million in ERC-20 tokens.

Etherscan

At this point, Wintermute is open to considering the hacker as a white hat, provided they come forward and disclose their identity.

"We remain open to treating this incident as a white hat scenario, so if you are the individual behind the attack, please reach out,\"

writes Gaevoy in a thread.

Wintermute Wintermute was established in 2017 by Evgeny Gaevoy. Presently, it provides liquidity across more than 50 trading platforms. trading platforms Earlier this month, Wintermute was designated as the official market maker for DeFi on the Tron network.

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