Crypto Market Maker Wintermute Hacked for $160M, OTC Services Unaffected

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Crypto Market Maker Wintermute Hacked for $160M, OTC Services Unaffected
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Cryptocurrency market maker wintermute_t has been hacked with a $160 million loss relating to its DeFi operation, according to its CEO EvgenyGaevoy. By oknightcrypto

The firm's lending and over-the-counter services have not been affected.Wintermute's CEO Evgeny Gaevoy said that the company remains solvent with"twice over" $160 million remaining in equity.

Wintermute is the latest in a long list of crypto companies to be stung by hacks over the past few months. Crypto bridge Nomad had nearly

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