Crypto Market Maker Wintermute Hacked for $160M

Evgeny Gaevoy, CEO of crypto market maker Wintermute, announced that Wintermute has been hacked for about $160M in its DeFi operations. CeFi and OTC operations are not affected. There will be a disruption in its services today and potentially for the next few days and will get back to normal after. Evgeny Gaevoy also said that Wintermute is solvent with twice over the stolen amount in equity left.