coinmarketcap
Bitcoin briefly dethroned by unknown altcoin due to CoinGecko glitch
CoinGecko, one of the largest cryptocurrency tracking websites in the world, suffered a major glitch on Friday morning, with Bitcoin (BTC) mistakenly losing its position as the largest digital currency by market capitalization to a lesser-known altcoin. The list of top-valued cryptocurrencies on CoinGecko briefly went somewhat irrelevant, with BTC’s market cap temporarily falling behind a token known as Relevant (REL). As of 7:20 am UTC, REL was mistakenly placed at the top of the most-valued cryptocurrencies on CoinGecko, with its market cap going insane at $6.5 septillion, or way more than all other assets in the world combined. Source: CoinGecko The glitch also affected the total crypto market capitalization on CoinGecko, with the market cap temporarily growing as big as $7 septillion. ...
CoinMarketCap allegedly lists 3 fake SHIB contract addresses, Twitter firestorm ensues
A bit Twitter drama ensued on Thursday, continuing well into Friday afternoon, when developers behind popular meme token Shiba Inu (SHIB) issued a statement alleging that CoinMarketCap had listed three fake SHIB contract addresses belonging to the Binance Smart Chain (BNB), Solana (SOL), and Terra Luna (LUNA) blockchains. The staff at Shiba Inu claimed that the addresses were unsafe and that CoinMarketCap had refused to correct the alleged mistake. At the time of publication, the contract addresses are still viewable on CoinMarketCap. Official Statement regarding the recent actions by @CoinMarketCap . pic.twitter.com/DXP2wZRhYC — Shib (@Shibtoken) January 13, 2022 Earlier in the day, CoinMarketCap issued a response claiming that the contract addresses listed on the page are wormhole addres...
Only a paper moon: Bitcoin price briefly shows $870B on CoinMarketCap
Crypto traders experienced a moment of joy, followed by confusion, when a glitch caused several data aggregators to briefly display enormous gains for Bitcoin (BTC), Ether (ETH) and other cryptocurrencies. CoinMarketCap and several other price indexes showed Bitcoin’s price closing to $900 billion as ETH showed over $81 billion. The momentary glitch also impacted Cointelegraph’s price indexes. Hey @CoinMarketCap, you doing ok there buddy? pic.twitter.com/WfXwpSmURU — Cointelegraph (@Cointelegraph) December 14, 2021 Displayed numbers didn’t affect the trading prices on exchanges, and the platforms quickly solved the issue. CoinMarketCap explained on Twitter that the data provider is rebooting its servers as part of the remediation plan. “CoinMarketCap is now back to normal after an issue th...
