For A Few Hours Exchanges In The Past Year Money Earned In Exchange For A Month

CoinMarketCap acknowledged the issue with the following tweet: Due to the brokenness of the platform that occurred this afternoon, and the fact that the problem has been resolved, we will reboot our servers as a final step into conformance with our internal remediation plan. I apologized for the inconvenience.December 15, 2021 See more The company even poked fun at the incident by tweeting memes and asking if the capture of its website showing an incorrect price of Shiba Inu was “a screenshot from 2035”, and posing this question to everybody who thought they’d made it big. How did it feel to be a billionaire for a few hours? Dec 14, 2021 See more Not everybody appreciated CoinMarketCap’s response to the error, but in fact, it doesn’t seem to be taking such complaints seriously, because it’s also responding to them by memes and videos. Using CoinMarketCap’s status website claimed that the erroneous prices were displayed around an hour. The service, at the time of writing, was “experiencing issues with API payments” and that could be related to pricing errors. Coinbase users tweeted screenshots of the company’s website on Tuesday showing Bitcoin price above 867 billion on Tuesday. Others have shared images of the company with a price of XRP, Shiba Inu, and other items, which are extraordinarily high. Coinbase’s response was more professional than CoinMarketCap’s: “The real problem is, the real problem is,” said a former CEO. We’re aware that certain customers see inflated values of non-traded crypto assets on https://t.co.ohqDivCZYw and Coinbase Wallet. This issue does not affect trade.December 14, 2021. See more The company later said customers are having trouble accessing the service and that it is “continuing to investigate some delays with some transactions,” but these issues seem to have been resolved a little more quickly after they were discovered. These could seem relatively harmless errors. But The Block reported that a decentralized finance protocol called DeFi Chain halts the transactions if it relies on CoinMarketCap for its price data. CoinMarketCap’s errant pricing data could have also influenced trading bots using its API, however despite the company’s jokes about the error, that might have led to a real money purchase due to fake price data. The infamous harp seems to be the ultimate cashier.