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Topic: Was coinmarketcap hacked? (Read 470 times)

newbie
Activity: 336
Merit: 0
August 07, 2018, 06:40:49 AM
#53
There has to be some technical difficulties from there end which caused such distortion in price index but seems like it is back to normal now. Nonetheless, incidents like this are not accepted from a reputed platform like Coinmarketcap. Hopefully, they will be more careful in the future.
newbie
Activity: 46
Merit: 0
August 07, 2018, 02:41:46 AM
#52
Sometimes it can be happened in any index. It’s nothing serious. Everything is alright now. 
hero member
Activity: 2926
Merit: 722
DGbet.fun - Crypto Sportsbook
August 06, 2018, 05:53:02 PM
#51
I just saw some crazy numbers on coinmarketcap..
like $8500 btc, -90% vechain, +20% eth..
wtf is going on??
Not much for you to be alerted on that way. This is just a simple problem with index which can really give out those crazy numbers but not totally or we can conclude that its being hacked
and besides Coinmarketcap do give out a notice on about such issues and besides even if its hacked changing prices wont really be have a big effect yet this is just a preference site though.
For now anything works fine and i do still use up this site for checking out prices.
newbie
Activity: 336
Merit: 0
August 06, 2018, 11:34:51 AM
#50
No it wasn’t hacked due to technical problem they turn off their system and that news was rumor based on this website. I hope nothing will happen and there is nothing to worry about this matter.
newbie
Activity: 69
Merit: 0
August 06, 2018, 10:22:15 AM
#49
I think it is technical problem els. it will get well very soon. it was change some value and site feature just it nothing else. it is not hacked i think do not spread this. thank you very much for sharing this.
hero member
Activity: 924
Merit: 512
August 06, 2018, 10:15:45 AM
#48
LOL that is because their server slow in update or they use the static website on updating the price value.

These are the possibilities to see this kind of problem.

So far even I love to use this site to check the price value any altcoin or token price. To get listed in the site itself many projects are all the time looking for it. So it will be in usage.
newbie
Activity: 140
Merit: 0
August 06, 2018, 09:53:35 AM
#47
I think it’s a rumor. Hackers try to hack some site and they are being dropped in usage by countless dealer and  speculator.
newbie
Activity: 112
Merit: 0
August 06, 2018, 02:31:22 AM
#46
OOps! you have seen wrong maybe. There is no $8500 thing done in recent times, it is still $7468 in BTC price. and also there have been no 20% increase in ETH rather than 1.99%. It's totally a fake news to manipulate users. Stay cool.
sr. member
Activity: 2226
Merit: 347
August 05, 2018, 06:33:36 PM
#45
I noticed Coingecko went nuts too. It started moving coins up and down. Bcash went to number 13 on their list despite the actual numbers remaining static. Maybe they all have the same back end.
Probably!

I had missed out to see those numbers changed on CMC but this is not literally an incident which is connected to any hacks. This is just a glitch or error if CMC do made an update to their system.
For now i havent seen any differences when it comes to price. Why would people react too much?  Cheesy
legendary
Activity: 1582
Merit: 1031
August 05, 2018, 03:59:35 PM
#44
I just saw some crazy numbers on coinmarketcap..
like $8500 btc, -90% vechain, +20% eth..
wtf is going on??
I wad also surprised a sudden increased in bitcoin, ethrium and other alt coins I thought there was a quick huge pump as markep cap increase quickly and bitcoin price increase almost 1 thousand u.s. dollar.

yes same here but most other coincaps websites shown the same alos on many exchanges was these higher prizes in short time.
We will see what comes next Wink



regards
member
Activity: 378
Merit: 53
Telegram @keychainX
August 05, 2018, 02:28:36 PM
#43
Do not worry. CoinMarketCap was not hacked. Perhaps with the latest updates on the site there were some small errors that have now been fixed.

It was a software glitch during an update. They are changing the turnover algorithm since many exchanges are reporting inflated turnover.
legendary
Activity: 2590
Merit: 3014
Welt Am Draht
August 05, 2018, 06:31:08 AM
#42
I noticed Coingecko went nuts too. It started moving coins up and down. Bcash went to number 13 on their list despite the actual numbers remaining static. Maybe they all have the same back end.
hero member
Activity: 3038
Merit: 634
August 04, 2018, 09:43:36 AM
#41
It said to be a bug/glitch.

CoinMarketCap Says Data Glitch Boosted Its Crypto Price Numbers

Coinmarketcap bug escalates prices, causes frenzy among crypto traders

It boosted the price but it's back to as usual.

Not hacked just bugged is my guess, it has happened a few times before.
Yes it did happened before but I can't remember the exact date on when it also showed a bug.

Coinmarketcap only shows information about the market but it doesn't have money/crypto inside.
member
Activity: 378
Merit: 11
August 04, 2018, 07:07:10 AM
#40
Well coinmarketcap from my sources was not hacked, but I understand that signals of decisions by holders of coins indicated that the prices were going to have a bearish run. This kind of triggered a domino effect on some other cpoin holders and as such the negative figs riding on the market..,,,
I hear it is stabilised now.! Cheers.
newbie
Activity: 98
Merit: 0
August 03, 2018, 06:06:20 PM
#39
Do not worry. CoinMarketCap was not hacked. Perhaps with the latest updates on the site there were some small errors that have now been fixed.
jr. member
Activity: 667
Merit: 1
August 03, 2018, 01:58:21 PM
#38
I think this is just a simple alteration , might be a server issue or information mix up. But its nothing to panic about. All infos are rightly updated. Lets not create any panic and fud from this.
jr. member
Activity: 125
Merit: 2
August 03, 2018, 01:50:36 PM
#37
it spiked a very exciting moment in me. I thought the bull run has begun and quickly went to check my wallet. It s very disappointing to see the values come back to normal.
hero member
Activity: 1132
Merit: 536
August 03, 2018, 01:37:09 PM
#36

yes, what they desire, but decentralisation of the market indexes is also progressing wont be that easy in the future, especially with this lost of trust that echoed all over social media


Not hacked just bugged is my guess, it has happened a few times before.

there is nothing wrong with them, its no doubt they manipulate small markets, but according to last screenshot i posted, it is few exchanges problems, reporting weird prices for coins

CMC can easily check logs of those exchanges to find out what had been wrong
legendary
Activity: 2282
Merit: 1041
August 03, 2018, 01:31:21 PM
#35


Saw that too Vechain suddenly goes up to the 5th rank right above EOS. I guess there's just sudden pump and went down quickly as well. Probably one of the most bazaar thing going on which could be a sign something big is going to happen later on. If you have a bid that is suddenly picked up by a buyer, I'm not surprise.
hero member
Activity: 782
Merit: 500
August 03, 2018, 01:08:13 PM
#34
Not hacked just bugged is my guess, it has happened a few times before.
sr. member
Activity: 1470
Merit: 325
August 03, 2018, 01:04:15 PM
#33

CMC sucks.

its extremly corrupt and the exchanges they orient bitcoin on have a low volume

the time this forum dominated cryptocurrencies worldwide is fading away, glens coinmarketcap isnt dominating the attention and market definiton today anymore as there are countless alternative cryptoindexes.

i bet soon they all will have completely different coins  Grin

i think CMC is among those whales whom change the prices, maybe they did mistake by showing future prices  Cheesy Cheesy Cheesy

yes, what they desire, but decentralisation of the market indexes is also progressing wont be that easy in the future, especially with this lost of trust that echoed all over social media
full member
Activity: 658
Merit: 117
August 03, 2018, 12:48:34 PM
#32
Does anyone know how long the error lasted? Some had to profit from this. Especially from those who depend on CMC for info
hero member
Activity: 1106
Merit: 501
August 03, 2018, 12:47:32 PM
#31
almost all altcoins were like listed with 300% - 800% changes.
but it seems to be back to normal now. only vechain is -90%.



There is a possibility that it is only a temporary bug, I think after few hours or days the vechain will back to normal after some troubleshooting I don't see any reason for it to be hacked though but a bug is what I think happen and it is more of a possibility rather than it being hacked.
legendary
Activity: 1638
Merit: 1001
August 03, 2018, 12:45:45 PM
#30
something strange, it seems one of big exchanges had smoething wrong and CMC has pulled prices by their API

Quote
CoinMarketCap
We are currently aware of an issue with the data we are pulling in. We are investigating this matter and we will follow up with more information shortly.

https://twitter.com/CoinMarketCap/status/1025407887907192832

They recently implemented a new features (pro API for example). Maybe something went wrong because of this.
hero member
Activity: 1132
Merit: 536
August 03, 2018, 12:44:40 PM
#29
something strange, it seems one of big exchanges had smoething wrong and CMC has pulled prices by their API
....

more information on issue:

full member
Activity: 546
Merit: 122
August 03, 2018, 12:41:21 PM
#28
CoinMarketCap is a good reference, but total capitalization is not the best way to analyze a token as I see it, the daily volume is a clearer sign of interest in the project. If a daily / weekly / monthly volume ranking was made, it would portray the market better.
hero member
Activity: 1132
Merit: 536
August 03, 2018, 12:39:50 PM
#27
something strange, it seems one of big exchanges had smoething wrong and CMC has pulled prices by their API

Quote
CoinMarketCap
We are currently aware of an issue with the data we are pulling in. We are investigating this matter and we will follow up with more information shortly.

https://twitter.com/CoinMarketCap/status/1025407887907192832
full member
Activity: 504
Merit: 102
August 03, 2018, 12:35:44 PM
#26
I just saw some crazy numbers on coinmarketcap..
like $8500 btc, -90% vechain, +20% eth..
wtf is going on??

Now what would they hack in coinmarketcap? Are there any valuable things in there? But maybe they hacked it for them to people see it to sell or to buy something in hype.
hero member
Activity: 1132
Merit: 536
August 03, 2018, 12:33:39 PM
#25

CMC sucks.

its extremly corrupt and the exchanges they orient bitcoin on have a low volume

the time this forum dominated cryptocurrencies worldwide is fading away, glens coinmarketcap isnt dominating the attention and market definiton today anymore as there are countless alternative cryptoindexes.

i bet soon they all will have completely different coins  Grin

i think CMC is among those whales whom change the prices, maybe they did mistake by showing future prices  Cheesy Cheesy Cheesy
legendary
Activity: 2282
Merit: 2196
Signature space for rent
August 03, 2018, 12:18:17 PM
#24
I just saw some crazy numbers on coinmarketcap..
like $8500 btc, -90% vechain, +20% eth..
wtf is going on??

Not hacked but there was bug. I think already solved. It might be happened due to bug.
full member
Activity: 602
Merit: 100
August 03, 2018, 12:16:18 PM
#23
It could be a hacker attack but should be a technical problem instead of hacker attack.
I observe only on coinmarketCap but not on any other platform or exchange.
sr. member
Activity: 1470
Merit: 325
August 03, 2018, 12:15:40 PM
#22
It's just a technical problem which can happen to any index. Don't you think if it was really hacked, the guy would have better to do than that? It doesn't worth to hack the website just to change some values, come on. Don't spread this kind of rumor

jes ohm deliberate technical issues to manipulate the market according to ones interests.

you know what we should have for each coin its own index. wher the coin takes only those exchanges where it is traded for the proper expensive price. so the masses think the coin is still valuable  Roll Eyes
member
Activity: 214
Merit: 20
August 03, 2018, 12:14:55 PM
#21
Something went wrong in the coinmarketcap i taught btc was pump but just a fake news but i think everything was okay now and back to normal it was so surprising to see that taught that it was a bull run but just a false alarm so i immediately look into tab trader but it was too far the value in cmc.
94K
member
Activity: 350
Merit: 10
HiveNet - Distributed Cloud Computing
August 03, 2018, 12:12:30 PM
#20
That was really crazy. All my coins were hitting the moon and I taught I was going to be rich soon. Hahaha
full member
Activity: 406
Merit: 104
August 03, 2018, 12:09:30 PM
#19
I just saw some crazy numbers on coinmarketcap..
like $8500 btc, -90% vechain, +20% eth..
wtf is going on??
I wad also surprised a sudden increased in bitcoin, ethrium and other alt coins I thought there was a quick huge pump as markep cap increase quickly and bitcoin price increase almost 1 thousand u.s. dollar.
sr. member
Activity: 742
Merit: 251
PRIVATE FEDERATED BLOCKCHAIN
August 03, 2018, 12:09:23 PM
#18
after reading the various posts here I immediately check CMC but all there is nothing strange, all data goes as it should be
mk4
legendary
Activity: 2870
Merit: 3873
Paldo.io 🤖
August 03, 2018, 12:07:49 PM
#17
I don't know what you guys are seeing but it seems to be back to normal now. CMC probably included/excluded some exchanges on the markets tab of certain coins/tokens hence there was a huge fluctuations in price.

it should be a warning for all that coinmarketcap manipulated the prices by defining where a legit transaction happened and where not.

I'm not going to defend coinmarketcap here, but CMC sure can do anything they can want to their charts. The reason they excluded some exchanges is because of some of these exchanges having no fees, hence they could easily fake the volume of some coins/tokens. Though people need to understand that CMC isn't the only site for coin/token prices.

~snip~
Or the other reason it maybe because of the larger bitcoin correction? I just heard it from news article in the past few hours and I think this is the reason of the price fluctuate but when checking it with live chart from bitcoinwisdom and cryptowat.ch I don't see  a big fluctuate in few minutes or hours so this is only CMC glitch.
Bitcoin correcting in price shouldn't likely end up causing ETH to rise 20% in price though. So yeah, definitely something's wrong.
legendary
Activity: 3122
Merit: 1398
For support ➡️ help.bc.game
August 03, 2018, 12:07:15 PM
#16
CoinMarketCap tweeted this 18mins ago as of this posting:

"We are currently aware of an issue with the data we are pulling in. We are investigating this matter and we will follow up with more information shortly."

Upon seeing the site just now, looks like it came back to normal now.
legendary
Activity: 3374
Merit: 3095
BTC price road to $80k
August 03, 2018, 12:07:06 PM
#15
~snip~
Or the other reason it may be because of the larger bitcoin correction? I just heard it from a news article in the past few hours and I think this is the reason of the price fluctuate but when checking it with the live chart from bitcoinwisdom and cryptowat.ch I don't see a history of big fluctuate in the past few minutes or hours so I think this is only CMC glitch.
newbie
Activity: 64
Merit: 0
August 03, 2018, 12:06:56 PM
#14
lol it's seem not hacked but market bug or bot trading on some exchange
copper member
Activity: 2940
Merit: 4101
Top Crypto Casino
August 03, 2018, 12:04:47 PM
#13
It's just a technical problem which can happen to any index. Don't you think if it was really hacked, the guy would have better to do than that? It doesn't worth to hack the website just to change some values, come on. Don't spread this kind of rumor
sr. member
Activity: 1470
Merit: 325
August 03, 2018, 12:01:27 PM
#12
I don't know what you guys are seeing but it seems to be back to normal now. CMC probably included/excluded some exchanges on the markets tab of certain coins/tokens hence there was a huge fluctuations in price.

it should be a warning for all that coinmarketcap manipulated the prices by defining where a legit transaction happened and where not.
mk4
legendary
Activity: 2870
Merit: 3873
Paldo.io 🤖
August 03, 2018, 11:55:41 AM
#11
I don't know what you guys are seeing but it seems to be back to normal now. CMC probably included/excluded some exchanges on the markets tab of certain coins/tokens hence there was a huge fluctuations in price.
sr. member
Activity: 1470
Merit: 325
August 03, 2018, 11:53:47 AM
#10


CMC sucks.

its extremly corrupt and the exchanges they orient bitcoin on have a low volume

the time this forum dominated cryptocurrencies worldwide is fading away, glens coinmarketcap isnt dominating the attention and market definiton today anymore as there are countless alternative cryptoindexes.

i bet soon they all will have completely different coins  Grin
member
Activity: 336
Merit: 10
August 03, 2018, 11:52:41 AM
#9
OHG! !! For a moment I felt like jumping around since I saw incredible value rises in some coins I'm hodling.
Wow!!! The bullish run will indeed be a very exciting days.I can't just wait to see it.
full member
Activity: 448
Merit: 102
August 03, 2018, 11:48:02 AM
#8
Right now bitcoin is showing 8110$ in CMC. Is it a CMC bug?
Update: Now its back to 7600$
sr. member
Activity: 1470
Merit: 325
August 03, 2018, 11:47:06 AM
#7
almost all altcoins were like listed with 300% - 800% changes.
but it seems to be back to normal now. only vechain is -90%.



an index with this kind of fraud shouldnt be recognized and used globally as leading index. it has its bad rumors regarding corruption as well. its time for better indexes.
full member
Activity: 448
Merit: 102
August 03, 2018, 11:45:29 AM
#6
NXT was at 11000 sats.
DGB was at 4000 sats
almost all altcoins were 800 to 900% rise.
Probably they played April fool with us  Grin
sr. member
Activity: 1204
Merit: 298
Best Crypto / Online Casino Writing Services
August 03, 2018, 11:43:34 AM
#5
I think something went wrong Smiley I see incredible prices, expecially on bitforex section. Marketcap has reached  $346.000.000.000 usd and go back to 282 in ten minutes. It is not a good news another hack
newbie
Activity: 10
Merit: 0
August 03, 2018, 11:41:51 AM
#4
almost all altcoins were like listed with 300% - 800% changes.
but it seems to be back to normal now. only vechain is -90%.

newbie
Activity: 110
Merit: 0
August 03, 2018, 11:40:22 AM
#3
I think it was a wrong news. Hope that nothing will happen. Just relax  Smiley
sr. member
Activity: 1470
Merit: 325
August 03, 2018, 11:35:41 AM
#2
I just saw some crazy numbers on coinmarketcap..
like $8500 btc, -90% vechain, +20% eth..
wtf is going on??

lol thats not good news for an index onces they are hack rumors they are being dropped in usage by the countless traders, and speculators
newbie
Activity: 10
Merit: 0
August 03, 2018, 11:34:35 AM
#1
I just saw some crazy numbers on coinmarketcap..
like $8500 btc, -90% vechain, +20% eth..
wtf is going on??
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