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Yet another major crypto firm has been hacked


Crypto market maker Wintermute has suffered a significant cyberattack that saw the culprits manage to steal $160 million worth of digital assets.

In a Twitter thread (opens in new tab), company CEO Evgeny Gaevoy said that the attackers targeted Wintermute’s DeFi proprietary trading operations, which are “completely separate and independent” from its CeFi and OTC operations.

"The attack was in relation to our wallet used for DeFi proprietary trading operations, which are completely separate and independent from our CeFi and OTC operations. Our internal systems in both Cefi and Defi are not affected, as well as any internal or counterparty data,” he added.

Company remains solvent

Further explaining what had happened, Gaevoy said the attack was “likely linked” to the Profanity-type exploit of its DeFi trading wallet. “We did use Profanity and an internal tool to generate addresses with many zeroes in front. Our reason behind this was gas ...


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