The price of tokenized bitcoin briefly went to $4,000 on the ethereum based crypto broker Kyber as pictured above due to price manipulation through flashloans by a skilled coder this Saturday.
The haxor sent WBTC’s price, which is kind of pegged to btc’s price, down by $6,500 from circa $10,500 while at the same time he had a short position on trading platform bZx with all this visible on the blockchain.
Gain access.
