Hackers have stolen digital assets worth around $160 million from crypto trading firm Wintermute, its CEO tweeted on Tuesday, the latest heist to hit a sector long plagued by cybercrime.
The theft targeted London-based Wintermuteโs decentralised finance operations, Evgeny Gaevoy said in a tweet. The firm, which provides liquidity across major crypto exchanges and trading platforms, remains solvent after the hack, he added.
Decentralised finance platforms and software, which aim to provide crypto-based financial services without traditional gatekeepers such as banks, have been targeted by numerous heists in recent years. The sector is little-regulated and victims of crime rarely have recourse.
Gaevoy and Wintermute did not immediately respond to requests for comment.
Wintermute calls itself โone of the largest playersโ in global crypto markets. It says it manages โhundreds of millionsโ in assets and trades more than $5 billion a day.
Gaevoy said on Twitter โthere will be a disruption in our services today and potentially for next few days,โ adding that some 90 assets were hacked.
โIf you are a lender to Wintermute, again, we are solvent, but if you feel safer to recall the loan, we can absolutely do that,โ Gaevoy said.
