Evgeny Gaevoy , CEO of cryptocurrency market maker Wintermute, tweeted on Tuesday that Wintermute’s decentralized finance business (DeFi) was hacked and lost about $160 million . The company’s centralized financing and off-exchange operations were unaffected, while the company’s “remaining equity capital exceeds twice the above amount and is solvent.” “If you have a market-making agreement with Wintermute, your funds are safe,” Gaevoy said . “Our service will be disrupted today, possibly for a few days, after which it will return to normal.”
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