#wintermute #hack
Wintermute hacked for about $160M in defi operations
"We’ve been hacked for about $160M in our defi operations. Cefi and OTC operations are not affected.
If you have a MM agreement with Wintermute, your funds are safe. There will be a disruption in our services today and potentially for next few days and will get back to normal after
If you are a lender to Wintermute, again, we are solvent, but if you feel safer to recall the loan, we can absolutely do that"
——
Update:
~$160M were stolen from wintermute exploit, including ~73% of stolen funds ($118.4m) are stablecoins ($DAI, $USDT, $USDC, $USDP), 8% in $WBTC and 6% in $ETH
Etherscan shows that wintermute exploiter is the 3rd largest holder of 3CRV (~$112m)
https://t.co/huENnFBfOm
——
Before:
Tron and Wintermute reach strategic partnership
*Wintermute is a leading global algorithmic market maker in digital assets. Working with Pantera, Fidelity and others
• Wintermute | TRON
——
🪆Перевод
Wintermute hacked for about $160M in defi operations
"We’ve been hacked for about $160M in our defi operations. Cefi and OTC operations are not affected.
If you have a MM agreement with Wintermute, your funds are safe. There will be a disruption in our services today and potentially for next few days and will get back to normal after
If you are a lender to Wintermute, again, we are solvent, but if you feel safer to recall the loan, we can absolutely do that"
——
Update:
~$160M were stolen from wintermute exploit, including ~73% of stolen funds ($118.4m) are stablecoins ($DAI, $USDT, $USDC, $USDP), 8% in $WBTC and 6% in $ETH
Etherscan shows that wintermute exploiter is the 3rd largest holder of 3CRV (~$112m)
https://t.co/huENnFBfOm
——
Before:
Tron and Wintermute reach strategic partnership
*Wintermute is a leading global algorithmic market maker in digital assets. Working with Pantera, Fidelity and others
• Wintermute | TRON
——
🪆Перевод
Ok, GM or GE 🥱 What did we miss?? Let's start with The Block...
#TheBlock
The Block lays off a third of staffers amid leadership shakeup
The Block, a crypto media company that got caught up in a funding scandal related to disgraced FTX founder Sam Bankman-Fried, has laid off roughly one-third of its staff as part of a broader leadership shakeup, sources told Axios.
Larry Cermak [Head of Research] has replaced Bobby Moran, the company's interim CEO, who was laid off as part of the cuts.
Every department was impacted by the layoffs, but not equally. A spokesperson confirmed that The Block's revenue team was scaled back significantly given the current market conditions.
The company has also brought on Evgeny Gaevoy, CEO of digital asset trading firm #Wintermute, to join its board alongside Cermak. A spokesperson noted that the company plans to announce another board member soon.
The company's previous CEO, Michael McCaffrey, brokered the funding agreement from Bankman-Fried. He resigned as CEO and left the company in December.
While he is not involved in the day-to-day operations and he is not on the board, he is still a majority shareholder and has the rights that a majority shareholder has, a spokesperson confirmed.
• AXIOS
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🪆Перевод
#TheBlock
The Block lays off a third of staffers amid leadership shakeup
The Block, a crypto media company that got caught up in a funding scandal related to disgraced FTX founder Sam Bankman-Fried, has laid off roughly one-third of its staff as part of a broader leadership shakeup, sources told Axios.
Larry Cermak [Head of Research] has replaced Bobby Moran, the company's interim CEO, who was laid off as part of the cuts.
Every department was impacted by the layoffs, but not equally. A spokesperson confirmed that The Block's revenue team was scaled back significantly given the current market conditions.
The company has also brought on Evgeny Gaevoy, CEO of digital asset trading firm #Wintermute, to join its board alongside Cermak. A spokesperson noted that the company plans to announce another board member soon.
The company's previous CEO, Michael McCaffrey, brokered the funding agreement from Bankman-Fried. He resigned as CEO and left the company in December.
While he is not involved in the day-to-day operations and he is not on the board, he is still a majority shareholder and has the rights that a majority shareholder has, a spokesperson confirmed.
• AXIOS
——
🪆Перевод
#Wintermute vs. #DWF #MM #opinion
Quite expected, a conflict of Market Makers arises…
Of course, other market makers are not happy with the emergence of a new player who managed to disperse the shitcoin market. Moreover, there is every reason to believe that CZ and DWF have started a close cooperation, and Binance's recent call for small-cap coins to find a market maker was a call to work with DWF... DWF is the only one of the MMs that is represented on CMC [owned by Binance]… This is not surprising, after the start of the crackdown on crypto by US regulators, apart from Binance itself, many MMs have also come under the press, making it difficult for them to operate and cooperate in particular... And this cooperation is beneficial to all (except those who are liquidated of course, on every dump), Binance gets volume on futures, DWF profit and recognition, projects can sell some of the coins at a higher price....
DWF's activity has also prompted other players to act, for example the #WLD's [pumped ~90% few days ago] MM is Wintermute...
Wintermute criticized DWF, another market maker, on many occasions in Singapore2049. It stated to the media that there are a large number of people in this industry who "manipulate the market" instead of "providing liquidity to guide the healthy development of the market."
It also criticized DWF for declaring OTC transactions as investments. DWF has previously accused Wintermute of using the media to spread false information.
• Wu | Binance • CMC
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🪆Перевод
Quite expected, a conflict of Market Makers arises…
Of course, other market makers are not happy with the emergence of a new player who managed to disperse the shitcoin market. Moreover, there is every reason to believe that CZ and DWF have started a close cooperation, and Binance's recent call for small-cap coins to find a market maker was a call to work with DWF... DWF is the only one of the MMs that is represented on CMC [owned by Binance]… This is not surprising, after the start of the crackdown on crypto by US regulators, apart from Binance itself, many MMs have also come under the press, making it difficult for them to operate and cooperate in particular... And this cooperation is beneficial to all (except those who are liquidated of course, on every dump), Binance gets volume on futures, DWF profit and recognition, projects can sell some of the coins at a higher price....
DWF's activity has also prompted other players to act, for example the #WLD's [pumped ~90% few days ago] MM is Wintermute...
Wintermute criticized DWF, another market maker, on many occasions in Singapore2049. It stated to the media that there are a large number of people in this industry who "manipulate the market" instead of "providing liquidity to guide the healthy development of the market."
It also criticized DWF for declaring OTC transactions as investments. DWF has previously accused Wintermute of using the media to spread false information.
• Wu | Binance • CMC
——
🪆Перевод
#wintermute #USDM
Wintermute partners with stablecoin issuer Mountain Protocol to strengthen USDM liquidity
Crypto market maker Wintermute entered a strategic partnership with stablecoin issuer Mountain Protocol to let users redeem USDM for USDC at any time.
• TB
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🪆Перевод
Wintermute partners with stablecoin issuer Mountain Protocol to strengthen USDM liquidity
Crypto market maker Wintermute entered a strategic partnership with stablecoin issuer Mountain Protocol to let users redeem USDM for USDC at any time.
• TB
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🪆Перевод
The Block
Wintermute partners with stablecoin issuer Mountain Protocol to strengthen USDM liquidity
The partnership lets users redeem Mountain's USDM for USDC at any time via Wintermute's liquidity provisioning.
Newsmaker.сlub
#FLOKI Floki Developers Propose Staking and Utility Token Plans Floki (FLOKI) developers plan to introduce a staking feature in return for a new utility token, chief developer “B” told CoinDesk in a Telegram message on Wednesday. The staking feature and…
#FLOKI #fundamental
Although the word fundamental doesn't really fit to the memecoin, but still…
Nice jump… They called it Floktober 😵💫
Oct. 25 - announcment…
Oct. 27 - staking…
Oct. 27 - another announcement…
Strong res. 0..23 -> 0..3
Market maker - #Wintermute
——
Please set your reminder for #FLOKI's upcoming Marketing Announcement!
Wednesday, October 25, at 5 PM (UTC).
• FLOKI
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🪆Перевод
Although the word fundamental doesn't really fit to the memecoin, but still…
Nice jump… They called it Floktober 😵💫
Oct. 25 - announcment…
Oct. 27 - staking…
Oct. 27 - another announcement…
Strong res. 0..23 -> 0..3
Market maker - #Wintermute
——
Please set your reminder for #FLOKI's upcoming Marketing Announcement!
Wednesday, October 25, at 5 PM (UTC).
• FLOKI
——
🪆Перевод
#DWF #nice
Fresh podcast with Andrei Grachev from DWF, about MM, markets and more on ICO Drops. Interesting…
Some Andrei’s thoughts:
Expects crypto to continue growing in 2024…
Crypto market - lots of risk tolerant people. A lot of gambling…
Andrei doesn't understand who can short when the funding reaches 2-3%😆
Only 2% of people make money on exchanges
We don't announce a lot of deals
Per 100 investment applications, we support 3-5
DWF Ventures is a separate entity from DWF
Top funds: #Sequoia, #Jump, Binance Labs, KuCoin…
#BLAST - pure gambling, but doesn’t expect scam
We bought a lot of #TON this year and hedge the deal body
Telegram may launch its own stablecoin
Don’t like #SOL
#EOS very good financial investment
I personally have only #BTC and #USDT, and #ETH for fees…
I have no beef with #GSR and #Wintermute, the whole conflict is pure competition.
#TheBlock is partially owned by Wintermute
We works with 20 projects from top100, and 350 from top1000
Social media is coming to the forefront
We don't plan to buy #media, we believe in KOL
To make a unicorn, you need either a product [#INJ] or a narrative with luck [memecoins]
#Binance is an important part of the market. Will close for Russians next fall
#Unlock is mainly about OTC, for good projects they do not have a strong impact on the price
We are being offered to buy the debt in FTX for 65%, previously offered 30%. Didn't sell
FTX Japan preparing to restart
FTX2.0 will launch and we'll see which way it goes, either offshore or pure American.
#USTC has no value but is going up because of the bull market and short term narrative, same with the #FTT. Speculative history
#AI is already highly developed in HFT trading. Prediction model for short and long term
#NFT doesn’t trade, but looking on it, depends on the season
Work on Crypto fight. I will fight myself)
Plan to sponsor sports
Hobby - sport, walking, living in Switzerland, don’t drink
Like: #SHRAP, #MASK
*Russian language
• Drops
——
🪆Перевод
Fresh podcast with Andrei Grachev from DWF, about MM, markets and more on ICO Drops. Interesting…
Some Andrei’s thoughts:
Expects crypto to continue growing in 2024…
Crypto market - lots of risk tolerant people. A lot of gambling…
Andrei doesn't understand who can short when the funding reaches 2-3%😆
Only 2% of people make money on exchanges
We don't announce a lot of deals
Per 100 investment applications, we support 3-5
DWF Ventures is a separate entity from DWF
Top funds: #Sequoia, #Jump, Binance Labs, KuCoin…
#BLAST - pure gambling, but doesn’t expect scam
We bought a lot of #TON this year and hedge the deal body
Telegram may launch its own stablecoin
Don’t like #SOL
#EOS very good financial investment
I personally have only #BTC and #USDT, and #ETH for fees…
I have no beef with #GSR and #Wintermute, the whole conflict is pure competition.
#TheBlock is partially owned by Wintermute
We works with 20 projects from top100, and 350 from top1000
Social media is coming to the forefront
We don't plan to buy #media, we believe in KOL
To make a unicorn, you need either a product [#INJ] or a narrative with luck [memecoins]
#Binance is an important part of the market. Will close for Russians next fall
#Unlock is mainly about OTC, for good projects they do not have a strong impact on the price
We are being offered to buy the debt in FTX for 65%, previously offered 30%. Didn't sell
FTX Japan preparing to restart
FTX2.0 will launch and we'll see which way it goes, either offshore or pure American.
#USTC has no value but is going up because of the bull market and short term narrative, same with the #FTT. Speculative history
#AI is already highly developed in HFT trading. Prediction model for short and long term
#NFT doesn’t trade, but looking on it, depends on the season
Work on Crypto fight. I will fight myself)
Plan to sponsor sports
Hobby - sport, walking, living in Switzerland, don’t drink
Like: #SHRAP, #MASK
*Russian language
• Drops
——
🪆Перевод
Telegram
Sergey (ICO Drops) заметки
⚡️Инсайды от топового ММ крипты - Андрея Грачева (DWF Labs)
Да, это тот самый, скандальный DWF Labs, который в эпицентре новостей и пампов. Андрей раскрывает секреты работы Маркет Мейкера и мышления крупных фондов.
Twitter Андрея - https://twitter.com/ag_dwf…
Да, это тот самый, скандальный DWF Labs, который в эпицентре новостей и пампов. Андрей раскрывает секреты работы Маркет Мейкера и мышления крупных фондов.
Twitter Андрея - https://twitter.com/ag_dwf…
#WOO
Crypto platform WOO X partners with market maker #Wintermute for liquidity boost
Aside from Wintermute, other leading liquidity providers, including Selini Capital and Black Code Group, also support WOO X.
Woo X has partnered with Wintermute, a crypto market maker and liquidity provider with over $3.6 trillion in cumulative trading volume. Wintermute will act as the designated liquidity provider for the crypto exchange.
• Countelegraph
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🪆Перевод
Crypto platform WOO X partners with market maker #Wintermute for liquidity boost
Aside from Wintermute, other leading liquidity providers, including Selini Capital and Black Code Group, also support WOO X.
Woo X has partnered with Wintermute, a crypto market maker and liquidity provider with over $3.6 trillion in cumulative trading volume. Wintermute will act as the designated liquidity provider for the crypto exchange.
• Countelegraph
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🪆Перевод
Newsmaker.сlub
#EigenLayer EigenLayer deposits surpass $900 million amid increased LST caps At launch, EigenLayer allowed users to deposit LSTs from three staking projects: Lido, Rocket Pool, and Coinbase. The protocol has now expanded its range to include six additional…
#BLUR #Fundamental
The inflow to the EigenLayer also activated BLAST, and with it BLUR
Technically:
Clear Uptrend structure, HHs and HLs.
Strong previous daily candle, and the current one will be strong. Solid behavior on the dump of market.
MM - #Wintermute
Top2 holder - #Upbit [31% of spot vol.]
40% to update high on Binance
*1d BLUR log chart from Binance Fut.
*1w BLUR log chart from OKX
——
🪆Перевод
The inflow to the EigenLayer also activated BLAST, and with it BLUR
Technically:
Clear Uptrend structure, HHs and HLs.
Strong previous daily candle, and the current one will be strong. Solid behavior on the dump of market.
MM - #Wintermute
Top2 holder - #Upbit [31% of spot vol.]
40% to update high on Binance
*1d BLUR log chart from Binance Fut.
*1w BLUR log chart from OKX
——
🪆Перевод
#WOO
Crypto exchange WOO X raises $9 million to improve liquidity
The participants of the strategic raise include #Wintermute, Selini Capital, Time Research, Presto Labs, Pulsar, AlphaLab Capital, Efficient Frontier, Amber and Riverside Hedge.
• WOO • TB
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🪆Перевод
Crypto exchange WOO X raises $9 million to improve liquidity
The participants of the strategic raise include #Wintermute, Selini Capital, Time Research, Presto Labs, Pulsar, AlphaLab Capital, Efficient Frontier, Amber and Riverside Hedge.
• WOO • TB
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🪆Перевод
The Block
Crypto exchange WOO X raises $9 million to improve liquidity
Its co-founder said the funding round was meant to “align interests of liquidity providers” rather than raise capital.
#KILN #staking #vc
Institutional crypto staking platform Kiln has raised $17 million in a funding round led by #1kx.
Kiln plans to use the capital to fund its global expansion plans, including opening its APAC Singapore headquarters in Q1.
With participation from Crypto.com, #IOSG, #Wintermute Ventures, KXVC and #LBank.
• TB
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🪆Перевод
Institutional crypto staking platform Kiln has raised $17 million in a funding round led by #1kx.
Kiln plans to use the capital to fund its global expansion plans, including opening its APAC Singapore headquarters in Q1.
With participation from Crypto.com, #IOSG, #Wintermute Ventures, KXVC and #LBank.
• TB
——
🪆Перевод
The Block
Kiln raises $17 million in latest funding round to expand crypto staking platform
Kiln has closed a $17 million funding round led by 1kx, with participation from Crypto.com, IOSG, Wintermute Ventures, KXVC and LBank.