On-chain data: Wintermute, recently hacked for $160M, has $200M in outstanding DeFi debt, including a $92M Tether loan to TrueFi that matures on October 15 (Oliver Knight/CoinDesk)

Oliver Knight / CoinDesk:
On-chain data: Wintermute, recently hacked for $160M, has $200M in outstanding DeFi debt, including a $92M Tether loan to TrueFi that matures on October 15  —  The firm’s CEO described the company as solvent following the $160 million hack.  —  Cryptocurrency market maker Wintermute …

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Crypto market maker Wintermute says hackers stole $160M from its DeFi operations but the firm remains solvent; in total, 90 assets were stolen, most worth <$1M (Tim Copeland/The Block)

Tim Copeland / The Block:
Crypto market maker Wintermute says hackers stole $160M from its DeFi operations but the firm remains solvent; in total, 90 assets were stolen, most worth <$1M  —  – Crypto market making firm Wintermute has been hacked.  — The firm maintains that it is solvent.

A profile of London-based crypto trading firm Wintermute in the aftermath of UST and FTX’s implosion and a $160M hack, as revenues dramatically decline in 2022 (Jeff Kauflin/Forbes)

Jeff Kauflin / Forbes:
A profile of London-based crypto trading firm Wintermute in the aftermath of UST and FTX’s implosion and a $160M hack, as revenues dramatically decline in 2022  —  By deftly navigating crypto’s frontier markets and winning big on the collapse of Terra’s stable coin, Wintermute has grown …

A profile of London-based crypto trading firm Wintermute in the aftermath of UST and FTX’s implosion and a $160M hack, as revenues dramatically decline in 2022 (Jeff Kauflin/Forbes)

Jeff Kauflin / Forbes:
A profile of London-based crypto trading firm Wintermute in the aftermath of UST and FTX’s implosion and a $160M hack, as revenues dramatically decline in 2022  —  By deftly navigating crypto’s frontier markets and winning big on the collapse of Terra’s stable coin, Wintermute has grown …

A New York judge orders Tether to produce documents related to the backing of USDT in a lawsuit claiming Tether conspired to issue USDT to pump bitcoin prices (Sam Reynolds/CoinDesk)

Sam Reynolds / CoinDesk:
A New York judge orders Tether to produce documents related to the backing of USDT in a lawsuit claiming Tether conspired to issue USDT to pump bitcoin prices  —  The order relates to an ongoing lawsuit that alleges that unbacked USDT issuances have caused $1.4 trillion in damage to the market.

OnlyFans says revenue for the year ending November 2021 rose 160% YoY to $932M and number of creators rose 34% to 2.1M, earning ~$4B, with fans up 128% to 188M (Kaya Yurieff/The Information)

Kaya Yurieff / The Information:
OnlyFans says revenue for the year ending November 2021 rose 160% YoY to $932M and number of creators rose 34% to 2.1M, earning ~$4B, with fans up 128% to 188M  —  OnlyFans, the adult content site best known for explicit content, reported revenue soared 160% to $932 million year-over-year …