Wintermute Assures All Partners Not Affected by Hack

Crypto market maker Wintermute updated the situation about the hack on Twitter, saying it assures all its partners that they are not affected by the incident, including OTC counterparties, blockchain projects, lenders and others. Wintermute said that the hack was contained within its proprietary DeFi trading business, which is completely separate from the rest of the business. CeFi and OTC operations, as well as liquidity provision services for blockchain projects, have been resumed. It also claims ability to return all outstanding loans to lenders if requested. In addition, Wintermute said that the hack was isolated to its DeFi smart contract and did not affect any of its internal systems. No third party or Wintermute data was compromised.