Wintermute loses $160 million in DeFi hack, service to be suspended for days

Sept 20,2022
KingData News: Evgeny Gaevoy, founder of cryptocurrency market maker Wintermute, tweeted that Wintermute lost $160 million in the DeFi hack and that CeFi and OTC operations were unaffected. Of the 90 assets hacked, only two had a nominal value of more than $1 million (no more than $2.5 million), so it is not expected to cause much of a sell-off in the market. Wintermute is still willing to consider the attackers as "white hat hackers" and calls on the attackers to come forward and contact Wintermute. In addition, Evgeny Gaevoy said that Wintermute's current solvency is twice its remaining equity and that Wintermute's services may be interrupted today and in the coming days, before resuming normalcy.
This metrics provides a follow-up of hack incidents such as the exploitation of the Harmony-eco cross-chain bridge Horizon and the NFT lending protocol XCarnival.
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