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    Home » A bug on the Kraken exchange allowed to buy bitcoin for $ 8000

    A bug on the Kraken exchange allowed to buy bitcoin for $ 8000

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    By BlockchainJournal on September 17, 2019 News
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    On September 13, users of the Kraken bitcoin exchange got the opportunity to buy bitcoin for $ 8,000, and sell for $ 12,000. The platform tested a new type of orders, which contained a bug.

    1/3 Yesterday 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. Some clients bought from the tester at $ 8000 and others sold at $ 12000 without clearing the intervening liquidity. pic.twitter.com/iG3sEPCVXS

    – Kraken Exchange (@krakenfx) September 14, 2019

    Kraken emphasized that users managed to complete transactions only at peak candlestick values, but they did not fill the entire price range with orders.

    At the same time, all stop orders worked correctly.

    Then a spokeswoman for the exchange said that it was only a $ 100 unit deal in a beta version, Cointelegraph writes.

    Recall that earlier Coinbase reported that it stored 3420 users' personal information in clear text in the server’s internal log.

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