Crypto market maker Wintermute says hackers stole $160M from its DeFi operations but the firm remains solvent; in total, 90 assets were stolen, most worth <$1M
- Crypto market making firm Wintermute has been hacked. — The firm maintains that it is solvent.
The Block Tim Copeland
Related Coverage
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Discussion
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@evgenygaevoy
@evgenygaevoy
on x
We've been hacked for about $160M in our defi operations. Cefi and OTC operations are not affected
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@evgenygaevoy
@evgenygaevoy
on x
Short communication on the ongoing Wintermute hack
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@0xtuba
@0xtuba
on x
wintermute's address had 7 leading 0's according to @k06a's estimation, can brute for this in 50 days using 1000 GPUs the attacker was definitely a pro https://twitter.com/...
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@evgenygaevoy
@evgenygaevoy
on x
We are (still) open to treat this a s a white hat, so if you are the attacker - get in touch
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@mudit__gupta
Mudit Gupta
on x
Wintermute was hacked for ~160m a few hours ago. I took a quick look and my best guess is that it was a hot wallet compromise due to the Profanity bug that was publicly disclosed a few weeks ago. https://twitter.com/...
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@evgenygaevoy
@evgenygaevoy
on x
If you are a lender to Wintermute, again, we are solvent, but if you feel safer to recall the loan, we can absolutely do that
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@evgenygaevoy
@evgenygaevoy
on x
Out of 90 assets that has been hacked only two have been for notional over $1 million (and none more than $2.5M), so there shouldn't be a major selloff of any sort. We will communicate with both affected teams asap
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@barryfried1
Barry Fried
on x
Oh no oh no oh no 70% of stolen funds ($114.3m) are 3pooliiing 13.6% in ETH & BTC Large holdings in other less liquid tkns (some of them pretty illiquid tbh) — don't be surprised if we see some 20-30% wicks... https://twitter.com/... https://twitter.com/...
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@benjibananas
Benji Bananas
on x
1/4 We would like to inform the community that there has been a security breach on one of the external market maker wallets that may impact the $PRIMATE liquidity pools. https://twitter.com/...
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@dystopiabreaker
@dystopiabreaker
on x
why is anyone having admin keys with access to $100M+ be anything other than threshold or multisig accounts. wtf
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@dystopiabreaker
@dystopiabreaker
on x
amazing. bad rng in a vanity generator caused the wintermute attack, not contract vuln https://twitter.com/...
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@cz_binance
@cz_binance
on x
This looks like Profanity related. If you used vanity addresses in the past, you might want to move those funds to a different wallet, or @binance for safe keeping. https://twitter.com/...
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@hosseeb
@hosseeb
on x
If it can happen to Wintermute... Stay safe. Stay paranoid. https://twitter.com/...
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@d1ll0nk
@d1ll0nk
on x
Always hate to see it. I have a lot of respect for the Wintermute team, particularly @EvgenyGaevoy. I know they'll handle it as well as anyone could. Wish them luck identifying the thief and recovering funds. https://twitter.com/...
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@cobie
@cobie
on x
Hmmmmmm 🤔🤔 https://twitter.com/...
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@evgenygaevoy
@evgenygaevoy
on x
We are solvent with twice over that amount in equity left
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@tier10k
@tier10k
on x
[DB] Wintermute says Hacked for $160m in DeFi Operations
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@buda_kyiv
@buda_kyiv
on x
Wow Single entry access to over 90 assets. That's ridiculous bad security practices The sell off is inevitable. You better check your portfolio tokens if they have @wintermute_t as a partner - those will be dumped soon We will prepare analysis ASAP #wintermutehack https://twitter…
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@crypto_mckenna
McKenna
on x
Man not sure what went on here but hacks of this magnitude from elite operations in the space does not inspire confidence. Hope Wintermute manages to recover the funds. https://twitter.com/...
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@mayazi
Maya Zehavi
on x
new POW miner biz model? https://twitter.com/...
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@degenspartan
@degenspartan
on x
damn thats like 3 superyachts https://twitter.com/... https://twitter.com/...
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@fatmanterra
Fat Man
on x
Wintermute potential attack vector: a vulnerable Profanity-generated vanity address was on the contract whitelist and had permission to drain funds https://etherscan.io/... Anyone in the world with a decent GPU cluster can carry out similar attacks on Profanity addresses! ⚠️
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@autismcapital
@autismcapital
on x
https://twitter.com/... https://twitter.com/...
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@scupytrooples
@scupytrooples
on x
ooooof, guess you all know what to short now 🫡 https://etherscan.io/... https://twitter.com/... https://twitter.com/...
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@somospostpc
Alex Barredo
on x
call the bank and make them reverse the charge https://twitter.com/...
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@wintermute_t
@wintermute_t
on x
Important message from our CEO on the Wintermute hack https://twitter.com/...