/biz/ - Business & Finance

ByBit FUCKED UP Anonymous Mon Jan 1 23:11:10 2024 No.57151548 [View]
File: 21 KB, 583x457, file.png [View same] [iqdb] [saucenao] [google]

Guys a few exchanges including ByBit just fucked up the USDPLN EUROPLN exchange rate because of some inacurate exchange data.

My friend just earned 4k USD by converting PLN into USD on Binance, sending that to ByBit, then converting that to PLN.

3.9 USDPLN vs 5.1 USDPLN arbitrage.

About 30% profit per transaciton.
Unfortunetely they turned that off, but I guess at least a few whales must have learned of this and their losses will be in millions. Do you know any other exchanges who fucked up and what their exposure is?
I learned of some token called BitDAO but I have no clue how to short it. Please help.

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