Crypto market maker Wintermute says it was hacked for $160 million

Crypto market maker Wintermute was hacked for about $160 million in its decentralized-finance operations, Chief Executive Evgeny Gaevoy said in a Tuesday tweet.

“If... Crypto market maker Wintermute was hacked for about $160 million in its decentralized-finance operations, Chief Executive Evgeny Gaevoy said in a Tuesday tweet. “If you have a market-making agreement with Wintermute, your funds are safe,” he said. “There will be a disruption in our services today and potentially for [the] next few days and will get back to normal after.”

WinterMUTED

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Employee cellphone attacks pose new threat to companiesWorkers are being tricked into giving up their digital credentials through their most trusted device — their cell phones. Companies are now more vulnerable than ever for large scale hacks as employees work from home and use their personal devices. Eric Swallwell’s America. Why would an employee use personal devices to do their work? I always did work on company devices and not-work on my personal devices.
Source: axios - 🏆 302. / 63 Read more »