CryptoSlate Wrapped Daily: Wintermute hacked of $160M, SEC claim jurisdiction over Ethereum transactions

21-9-2022 Crypto and Laws CryptoSlate 405 Print this Page

The biggest news in the cryptoverse for Sept 20 includes Wintermute losing $160 million to DeFi operation hack, Ethereum developer confirming that Shanghai upgrade will not unlock staked ETH, Experts arguing that SEC cannot claim jurisdiction over Ethereum transactions, MicroStrategy buys an additional 301 Bitcoin for $6 million.
CryptoSlate Top Stories
Wintermute reveals $160M hack in DeFi operations
A hacker attacked about 90 crypto assets belonging to leading market maker Wintermute. The firm’s DeFi operation lost over $160 million to the incident.
Wintermute’s CEO Evgeny Gaevoy said that market-making funds are safe, as the CeFi and OTC operations were not affected by the hack.
Ethereum vanity address exploit may be cause of Wintermute hack
Blockchain security firm Certik confirmed claims by the Ethereum community that a vanity address exploit could be the root cause of the Wintermute attack.

#CertiKSkynetAlert

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