I was alerted to a series of strange “sell” orders that appeared on the CCEDK NBT/BTC market that indicated higher than normal trading volume. We are investigating right now to see if this is real volume or something else.
Early indications from CCEDK (discussions between @ben and their team) indicate that we were only one one side of the trades, but I want to make sure of that.
Further investigation is pointing to these trades being the result of a wall collision caused by a previously unidentified defect only apparent during an extremely unlikely set of conditions. We are awaiting follow-up confirmation from CCEDK to explain why their records and the bots records may not be in agreement.
Since 14:30 GMT we have not seen the same set of conditions, so the bot has been performing as expected. More updates will be provided once we have more information.
We still do not have confirmation that these were our own wall collisions, but our evidence suggests that they are. The bug that lead to the situation has been resolved and a test is being run to confirm that it has been fixed.
This was an unexpected distraction this afternoon, so my updates on the current state of the grant that I had planned on releasing today will need to be pushed back until tomorrow afternoon when I will have a chance to put the information in order.
If you notice anything that does not look right on the CCEDK NBT/BTC market from this point forward, please let someone on the Nu development team know about it. Thank you.