Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $1,070 trillion. Bitcoin is down by nearly 2% after intense seesawing this week. Ethereum increased by almost 2% over the past seven days. XRP lost more than 1% in value this week. Almost all altcoins are trading in the red, with a few exceptions. The DeFi sector decreased the total value of protocols (TVL)…
Wintermute
Wintermute Loses 160 Million USD in Major Defi Hack
Major liquidity provider Wintermute has become the latest cryptocurrency firm to suffer a security breach in recent months. Attack to Be Treated as a "White Hat" Hack Earlier this morning, CEO of Wintermute Evgeny Gaevoy took to Twitter to share the news. In a series of tweets, Gaevoy explained that only their DeFi protocols had been affected. Their CeFi and OTC activities remain up and running. About 90 assets were compromised, with a little over 160 million USD siphoned off…
5 months ago 986 views