Wintermute: The new crypto behemoth rising from the ashes of FTX and Alameda

Founded amid the 2018 bear market, Wintermute rose from a small trading firm with less than $1 million in revenue to a crypto behemoth that traded $1.5 billion in volume last year. The company’s road to riches was paved with careful trading strategies, wide spreads, and thin margins – with just a little luck in…

Wintermute CEO tells 3AC co-founder to ‘stay wiped out’ amid ‘redemption’ attempt

Wintermute CEO Evgeny Gaevoy said Three Arrows Capital co-founder Su Zhu should “stay wiped out” and not attempt to use the current market situation for his “redemption.” Man really, SBF being a bigger villain than you, doesn’t automatically start your redemption ark. Stay wiped out https://t.co/7AuvsPstp6 — wishful cynic (@EvgenyGaevoy) November 9, 2022 Gaevoy’s tweet…

ParaSwap debunks claims of susceptibility to profanity address vulnerability

Multichain DeFi aggregator, ParaSwap has debunked claims that it suffered an exploit today, saying the suspected address had no power after deployment. ✅ No vulnerability found! Please check the facts & Don’t Trust, Verify! We’ll follow up with analysis & an explanation of what’s a deployer address and how we made sure they have no…

Wintermute reveals $160M hack in DeFi operations

HacCrypto market maker Wintermute’s CEO Evgeny Gaevoy revealed that the firm was hacked for $160 million in its DeFi operations. We’ve been hacked for about $160M in our defi operations. Cefi and OTC operations are not affected — wishful cynic (@EvgenyGaevoy) September 20, 2022 According to Gaevoy, around 90 assets were hacked, with only two…

Voyager users unlikely to recover 100% of funds

Voyager users might not get all of their funds back because the crypto lending company has declared bankruptcy, Bloomberg News reported. According to the filing, Voyager expects its users’ funds to be impaired during bankruptcy. Account holders are unlikely to get a full refund of their deposits because the company could be restructured or sold….

Optimism hacker confirms they are whitehat, returns most of stolen funds

👋 Want to work with us? CryptoSlate is hiring for a handful of positions! Optimism hacker has confirmed they are a whitehat and asked the project developers to share a return address for the remaining tokens in their possession. The hacker stole 20 million OP tokens from Optimism by exploiting a failed transaction involving liquidity provider…

Wintermute launches $20 million fund to support Polygon development

Wintermute, a leading digital asset market maker, announced today that it has launched a $20 million fund to bootstrap dApp development on Polygon. In a press release shared with CryptoSlate, the company said that the fund is part of Wintermute’s newly established strategic partnership with Polygon. Wintermute to pour millions into Polygon, starting with Router…