April 18, 2024

A crash on CoinMarketCap led to the disruption of some services and applications

A crash on CoinMarketCap led to the disruption of some services and applications

Due to a bug in the CoinMarketCap website, some cryptocurrency platforms and applications have been automatically stopped to avoid a disaster.

Aggregator due to technical failure tonightcrypto data for several hours incorrectly displayed the prices of digital assets and other value indicators depending on them. At this time, the Bitcoin exchange rate on SMS reached $ 872 billion, and its market capitalization exceeded $ 14.71 quintals, for Ethereum the values ​​were 81 billion and $ 83.09 quintals, respectively.

At this time, even the company itselfjoked about this by asking users how they feel about becoming trillionaires.

A crash on CoinMarketCap led to the disruption of some services and applications

Although the underlying issue was quickly resolved, some of the estimates continued to display incorrect data for several hours after that due to the accounting of the error history.For example, the size of the daily drop in cryptocurrencies was 99%.

Since some wallets, smart contracts,DeFi protocols, exchanges, trading bots and other services use CoinMarketCap as a data source, many of them were suspended during the outage to ensure the safety of users.

At the time of publication, all problems in the operation of the aggregator have been fixed, but its servers will still be rebooted to avoid new violations.

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