Coin market cap glitch

Late Tuesday afternoon, cryptocurrency pricing aggregation site — CoinMarketCap. Centralized and decentralized exchanges DEXs scrambled to remove the pricing feed from their trading platforms in an effort to prevent hyperinflated trades that could cost the exchanges mind-boggling losses. We are currently investigating and will update this status when we have more information. Competing crypto market capitalization aggregation website, CoinGecko. As of this writing, the pricing amounts on CoinMarketCap seemed to stabilize back to more normal levels. It will be interesting to check the blockchain, when this is over, to see if anyone successfully sold their tokens at the sky high — yet highly fake — valuations.

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CoinMarketCap Faced Technical Glitch Making Investors Trillionaires

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On December 14th, prices of cryptocurrencies on CoinMarketCap ballooned to billions of dollars. The company said that the glitch was from a bug and not a hack from bad actors. The charts could be construed as being quite revealing into the future standings of assets. If the content contained herein violates any of your rights, including those of copyright, you are requested to immediately notify us using via the following email address operanews-external at opera.

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Shortly before 5 p. ET on Tuesday, one of the world's biggest cryptocurrency websites went haywire, with wildly inaccurate prices appearing on the site, and with several relatively unknown coins listed in the top CoinMarketCap acknowledged the issue via its Twitter account and said the problem is being addressed. We are currently investigating and will update this status when we have more information.

Coinbase and CoinMarketCap both made crypto enthusiasts trillionaires—at least in theory—on Tuesday due to glitches in how cryptocurrency.

CoinMarketCap Briefly Makes New Crypto Billionaires Due to a Glitch – BeInCrypto

To those who reluctant to get into it, cryptocurrency can seem like a wild, reckless, even dangerous endeavor. It makes for jokey currencies , tie-ins with popular TV characters , and, of course, it gets a lot of people scammed. A good example of the dodgier nature of the biz happened Tuesday, when CoinMarketCap, a utility that aggregates crypto market data, suffered a bit of a glitch. How big? Big enough to make its users think they were all suddenly billionaires or trillionaires for about an hour. Late in the day, those monitoring their crypto accounts on the service saw that their prices, market capitalizations, and more had abruptly skyrocketed. But it was not to be.

CoinMarketCap’s Price Glitch Could Be A Glimpse Into The Future Of Bitcoin and Ethereum

coin market cap glitch

For a brief moment, crypto holders around the world were multi-millionaires and billionaires as data from leading crypto price aggregator CoinMarketCap showed some eye-popping figures for prices of crypto assets alongside their market cap and other data. While the bug appears to have been fixed, the aggregator saw the fun side to it asking its followers on Twitter how they felt to be a trillionaire for a couple of hours. Crypto community members have been reacting to news of the glitch with some taking the situation as a joke while others thought the value of the coin they had in their wallet was really theirs. Guru WatcherGuru December 14, Umm TrustWallet either there is a bug, or I'm rich.

Published December 15, December 15, Due to a data glitch, pointing has already begun after the astronomical benefits of many cryptocurrencies were briefly displayed at the end of Tuesday.

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And this situation persisted for around 30 minutes, until the staff managed to fix the problem that was causing these incorrect prices to be shown. What just happened? CMC hacked?? Wtf is happening to coinmarketcap pic. Care to comment?

Cryptobigwigs Condemns Data Glitch | Cryptographic News

A CoinMarketCap "data issue" caused significant artificial inflation of several coins listed on the platform on Friday, with some prices inflated by nearly percent. While bitcoin's price spiked 12 percent on the crypto data site, other coins saw more drastic increases. The price of aeternity, the eighth most valuable cryptocurrency, increased more than percent, while MOAC increased by percent and bitcoin diamond saw an percent jump on the site. While crypto Twitter speculated about potential price manipulation, bugs and hacking, CoinMarketCap told CoinDesk that the inflation was caused by a data error. While most of the data appeared to have normalized at press time, the 24 hour change percentage for VeChain's VET token was listed as a question mark and its price graph was unavailable on the home page. The VeChain page also had no historical data listed. The popular analytics platform has promised to release a "post-mortem" with further details in the near future.

Source: SantrendsReferences:Glitch, CMC, Coinmarketcap -

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Coinmarketcap Glitch Made Many Trillions Of Profits Per A Coin

Imagine going to bed with a few thousand dollars' worth of coins and tokens in your crypto wallet. You pour your coffee, grab your phone, and open up to find your balance has ballooned into the billions. No, SafeMoon didn't finally moon. Mongoose Coin didn't swallow Cobra Coin. And Shiba Inu didn't rally by fifty decimals. It's just some bad data.

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A major glitch sent crypto pricing data haywire on Coinbase and Coinmarketcap with tokens across the board showing runaway gains. Investors have been taking to Twitter to share their excitement as crypto exchange platforms registered huge price increases across the board while others were left confused by supposed astronomical gains. We're all billionaires LFG pic. Coinbase Support said it had identified an issue affecting the displayed values of different coins. Crypto pic. Trouble reportedly remains on the website this morning with prices being displayed at 99 per cent below their market value.

Sable Martin, 25, a biology graduate and expectant mother in Atlanta, spends her days trading stocks. On May 19, everything changed. She started seeing reports that Binance, the world's largest crypto exchange by trading volume, according to CoinMarketCap , was crashing and preventing people from moving their money, while others were saying their accounts had been closed with no explanation. She quickly logged on to Binance.

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