Monday 16 September 2019
Cryptocurrency exchange Kraken – one of the world’s oldest – has disclosed a bug that apparently allowed certain customers to purchase Bitcoin at $8,000 and sell it for $12,000. Taking to Twitter, the exchange said “a test of an unreleased advanced order type encountered a bug, which resulted in the order’s prices being matched against the wrong side of the book.” 2/3 While the candle gives the impression that liquidity was exhausted between $8-12k, the wicks on either side are hollow. A trade executed at the high and low but there were not trades throughout and there were no other orders…
This story continues at The Next Web
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