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CoinMarketCap Glitch 'Sent' BTC, ETH to Billions; Affected Coinbase, Crypto.com
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Major crypto data aggregator CoinMarketCap (CMC) displayed eye-popping prices for almost all digital assets on Tuesday due to a glitch, making crypto owners feel like “trillionaire[s] for a couple of hours."
"The Engineering team is aware of incorrect price information appearing on [CoinMarketCap]. We are currently investigating and will update this status when we have more information," CMC said in a tweet around 22:00 UTC.
The issue persisted for a couple of hours and showed a single bitcoin (BTC) trading at around USD 779bn, and ethereum (ETH) at USD 9.2bn.
It also showed Cocos-BCX, a decentralized GameFi and Metaverse platform that currently ranks 474th in terms of market capitalizatiom, in the first place on the list.
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