Difference between revisions of "Wintermute Trading"
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== Basics == | == Basics == | ||
*The [[Optimism (OP)|OP]] core team and Wintermute had a 20m OP exploit when using [https://twitter.com/kelvinfichter/status/1534636743223386119 old] (9-6-2022) [[Gnosis (GNO)|Gnosis Safe]] code while having [[multichain]] deployments. 17m got [https://decrypt.co/102541/optimism-hacker-returns-17-million-tokens-airdrop returned] and 1m got sent to [[Vitalik Buterin|Vitalik]] (10-6-2022) 2m was kept by the hacker 'as a bounty': | |||
''"[[Optimism]] hired crypto market [[maker]] Wintermute to distribute the [[tokens]] in a highly anticipated [[airdrop]]. But because Optimism sent them to a Wintermute layer-1 [[address]] that hadn't yet been synced to [[layer-2]], they were all inaccessible. Wintermute said that the tokens would be secure. But within a day, a hacker stole all 20 million tokens. They were worth $35 million at the time. The address has returned a majority of the OP, and @wintermute_t has committed to reimbursing the Optimism [[Foundation]] for the remaining 2mm OP, which was kept as a bounty."'' | |||
== Investments == | == Investments == | ||
Revision as of 02:55, 13 June 2022
Basics
- The OP core team and Wintermute had a 20m OP exploit when using old (9-6-2022) Gnosis Safe code while having multichain deployments. 17m got returned and 1m got sent to Vitalik (10-6-2022) 2m was kept by the hacker 'as a bounty':
"Optimism hired crypto market maker Wintermute to distribute the tokens in a highly anticipated airdrop. But because Optimism sent them to a Wintermute layer-1 address that hadn't yet been synced to layer-2, they were all inaccessible. Wintermute said that the tokens would be secure. But within a day, a hacker stole all 20 million tokens. They were worth $35 million at the time. The address has returned a majority of the OP, and @wintermute_t has committed to reimbursing the Optimism Foundation for the remaining 2mm OP, which was kept as a bounty."
Investments
- Angle; took part in the $5M raise (28-9-2021).
- UMA. Took part in the Range Token raise for UMA of $2.66M (16-7-2021).
