from Hacker News

Coinmarketcap is showing BTC price $800B USD

by john37386 on 12/14/21, 9:58 PM with 9 comments

• by mtmail on 12/14/21, 10:18 PM

  "This is a display issue only and does not impact trading" https://twitter.com/CoinbaseSupport/status/14708761525038039...

• by TinyRick on 12/14/21, 10:01 PM

  I wonder if they run a Java stack and were vulnerable to log4j.

• by nostrademons on 12/14/21, 10:08 PM

  Bug in CMC, presumably. Coinbase Pro has it at $48,273. Y!Finance has it at $32,402.18, down 30%, but they source their data from CMC.

  The only price that matters is what you personally buy/sell at.

• by adflux on 12/14/21, 10:07 PM

  I think were witnissing a major hack/breakdown of the space.

  Wouldnt be surprised to see a big crash now.

  Seems like hackers found a way to manipulate the rates. Let's see if they found a way to get their ill gotten gains off of the many platforms affected by this.

• by john37386 on 12/14/21, 9:59 PM

  It's now at $1T

• by trompetenaccoun on 12/14/21, 10:40 PM

  Dont use CMC. Coingecko is more reliable.