- The CEO said that the company remains financially stable.
- The hacker’s ETH address currently holds $163 million in digital assets.
According to Gaevoy, the company is willing to consider the occurrence of a “white hat” assault. Evgeny Gaevoy, founder and CEO of winter seasonIt was reported that the company had been hacked for $160 million.
Gaevoy claimed in a storm Tuesday on Twitter that the market maker lost the nine-figure sum due to DeFi activities. He also said that the company remains financially stable and that customer service and phone support lines have not been cut off. “We are able to solve more than twice [the amount stolen] in the remaining shares”, assuring clients that their funds are safe.
Hot wallet compromise
According to Gaevoy, 90 different types of assets have been seized. Two of the missing amounts were valued at more than $1 million and less than $2.5 million. The total revenue of the remaining 88 was less than $1,000,000 each.
When it comes to the cryptocurrency industry, Wintermute is the best player. To enhance efficiency, it increases market liquidity in both regulated and decentralized exchanges. It also provides a counter service for the wealthy and institutional clients.
On Tuesday morning, Mudit Gupta, Polygon’s chief information security officer, released a blog post and a set of tweets about the incident, speculating that it was a “wallet compromise.” According to Gupta, the company may have been the target of hacking attempts due to the recent disclosure of a profanity flaw by Wintermute.
According to Zapper’s statistics, the hacker’s Ethereum address currently holds $163 million in digital assets, and this address was exposed by researcher on the chain zachxbt on Twitter. Jivewe further said that the company was willing to view the hack as a white-hat attack and invited the hacker.
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