Trillionaires For An Hour: CoinMarketCap Bug
Key Points:
A strange bug caused several data aggregators to display astronomical gains last night on many cryptocurrencies including Bitcoin and Ethereum, most of which displayed gains of over a trillion percent
As a result, many exchanges and wallets also displayed these false prices until the issues were resolved
The issues were quickly fixed but CoinMarketCap also rebooted their servers as a precaution and as their final step in their internal remediation plan
Hey @CoinMarketCap, you doing ok there buddy? pic.twitter.com/WfXwpSmURU
— Cointelegraph (@Cointelegraph) December 14, 2021