CoinDesk Podcast Network

Crypto Market Maker Wintermute Hacked for $160M; MicroStrategy Buys 301 More Bitcoins

The most valuable crypto stories for Tuesday, Sept. 20, 2022.

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"The Hash" hosts talk about how cryptocurrency market maker Wintermute has lost $160 million in a hack relating to its decentralized finance (DeFi) operation, according to a tweet from the company's founder and CEO Evgeny Gaevoy. Plus, a new Securities and Exchange Commission filing reveals MicroStrategy bought 301 bitcoins (BTC) between Aug. 2 and Sept. 19 for about $6 million.

See also:

Crypto Market Maker Wintermute Hacked for $160M, OTC Services Unaffected

MicroStrategy Buys 301 More Bitcoins, Now Holds Almost 130K


I.D.E.A.S. 2022 by CoinDesk facilitates capital flow and market growth by connecting the digital economy with traditional finance through the presenter’s mainstage, capital allocation meeting rooms and sponsor expo floor. Use code HASH20 for 20% off the General Pass. Register now: coindesk.com/ideas


This episode has been edited by Nia Freeman. Our executive producer is Jared Schwartz. Our theme song is “Neon Beach.”

HOSTS

William Foxley

Will Foxley is the host of The Mining Pod and publisher at Blockspace Media. A former co-host of CoinDesk's The Hash, Will was the director of content at Compass Mining and a tech reporter at CoinDesk.

William Foxley
Jennifer Sanasie

Jennifer Sanasie is an executive producer and senior anchor at CoinDesk, with over a decade of journalism experience across the U.S., Canada, and South Africa. Beyond media, she has worked closely with Web3 companies on marketing, content, and business strategy.

Jennifer holds an MBA from the Rotman School of Management, a Master of Laws in Innovation and Technology from the University of Toronto, a BA in Media Studies from the University of Guelph, and a Journalism Diploma from Humber College.

She owns BTC, ETH, SOL, USDC, USDT, G7, and DCNT. She also holds a mix of NFTs, altcoins and memecoins worth under $1,000.

Jennifer Sanasie
Wendy O

Wendy O runs the largest and most-watched female-run crypto YouTube program globally, "The O Show," which focuses on bringing tech-heavy information to the masses in a clear and easy-to-understand format. Prior to going full-time crypto at the end of 2018, Wendy worked at the largest infectious disease company in the world. Her role there consisted of working with newly diagnosed and existing patients to coordinate their care. Working with 300+ patients per month gave Wendy the ability to effectively communicate complex information to people from all different cultures and backgrounds which she uses while creating content. Wendy was born and raised in Los Angeles County, California and takes pride in hosting free events for her community and making sure the unrepresented have access to free crypto education. She holds BTC, ETH, GALA along with other cryptocurrencies along with NFTs above CoinDesk's disclosure threshold of $1,000.

Wendy O