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Author Topic: Coinmarketcap hacked ? seems i have more money than Elon  (Read 344 times)
mikeoneal (OP)
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December 14, 2021, 09:53:40 PM
 #1

CMC is hacked ? Just work up and see i have more money than elon musk in my wallet .

1 Bitcoin = 799,988,888,678

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December 14, 2021, 10:11:05 PM
 #2

Yeah, looks like it:



Maybe it's a window to the future  Wink
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December 14, 2021, 10:33:03 PM
 #3

Seem back to normal now.

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December 14, 2021, 10:35:39 PM
 #4

CMC is hacked ? Just work up and see i have more money than elon musk in my wallet .

1 Bitcoin = 799,988,888,678
It's fixed now. You can close this thread already and do not be surprised if ever coinmarketcap is showing a different value for a moment.
That really happens when they're fixing some things internally because it did happened before, that's just a bug.

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December 15, 2021, 01:24:14 AM
 #5

CMC is hacked ?
Yes, they confirmed that they got hacked again and from what I read on Twitter this recent hack also lead to the leak of email addresses of their users which is bad for the top crypto price tracking site to experience the same issue twice in a year.

Just work up and see i have more money than elon musk in my wallet.

1 Bitcoin = 799,988,888,678
The funny thing is that the person in charge of their social media account joke about it
https://twitter.com/CoinMarketCap/status/1470877760260345859?s=20

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December 15, 2021, 02:16:01 PM
 #6

Whether it was a glitch or a hack, it was heartbreaking.

Now that I've checked, everything is operating normally again. Coinmarketcap, one of the most popular crypto tracking sites, has been down for a couple of hours. Price changes have been extreme due to the website's outage. People panic sell when such things happen, or get hyped as a result.

What was it like to experience being a trillionaire for a couple hours? Actually, I cleared my eyes twice just to make sure what I was seeing was real or not?
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December 15, 2021, 02:21:05 PM
 #7

Whether it was a glitch or a hack, it was heartbreaking.

Now that I've checked, everything is operating normally again. Coinmarketcap, one of the most popular crypto tracking sites, has been down for a couple of hours. Price changes have been extreme due to the website's outage. People panic sell when such things happen, or get hyped as a result.

What was it like to experience being a trillionaire for a couple hours? Actually, I cleared my eyes twice just to make sure what I was seeing was real or not?

Well I mean c'mon, did you really think that bitcoins price could shoot up that much simply overnight?  That's virtually impossible.  Honestly I'm not even sure that if everyone on the planet bought some bitcoin last night that it would rise to a price level even remotely close to that amount. Price change can be extreme but not that extreme, there simply can never be enough value in that short amount of time to get even close to something like that. 

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December 15, 2021, 02:51:26 PM
Last edit: December 17, 2021, 02:30:57 AM by yayayo
 #8

Honestly speaking, I did not bother that much to check it all out at the time because I was doubtful that it was hacked in the first place, then even more doubtful of the spiking of the price. But then it was all true, except that the increase in price is not a reality haha. Indeed, it is not realistic for something like that to happen over a short period of time. If that’s how things work here, I think that would be just our fantasy.

ya.ya.yo!

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December 15, 2021, 02:54:18 PM
 #9

That kind of outrageous balance in wallet wasn't only on CMC. It reflected almost or in many wallet like imtoken. I don't know how that happened but it is not only with CMC users that witnessed that. At least I was also surprised when I checked some of my wallets but I was calm knowing whatever it was or a bug would be corrected because I have also experienced it 2 years ago.

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December 15, 2021, 02:58:23 PM
 #10

Everyone panicked at once is this real? that's what was implied after seeing what was going on in our wallets at that time. But I immediately had a prejudice about the hack and it was true. Did you know this caused a stir on all my social media within hours. Just as a joke, it made us happy. Even if it's just a dream. Lol
It doesn't matter as long as when the hack is done we can actually sell the coins at the prices listed, maybe I will thank the hack as well as CoinMarketCap.

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December 15, 2021, 03:14:04 PM
 #11

Well, I feel it was a plan code distort to show people a glimpse of the future, if they can just hold despite the current market situation and a way of easing depression that may have been caused by the current correction. Well, it made people in my group that ceased joining discussion because of the market to laugh out yesterday. We are back to reality.
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December 15, 2021, 06:02:17 PM
 #12

This happened for all assets and I know and seems like it was just a bug, however it didn't affect the market or the value of the assets your hold. but still, due to the huge price movements, I got more than 999+ notifications on my phone alarming me about increasing the price and when I checked my walled I saw that I have even more money than Elon, As I said It was just a bug but this bug made us happy for just a few milliseconds when we saw the total funds we got and just for a minute we had a feeling of being a multi-billionaire. 

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December 15, 2021, 06:33:00 PM
 #13

This happened for all assets and I know and seems like it was just a bug, however it didn't affect the market or the value of the assets your hold. but still, due to the huge price movements, I got more than 999+ notifications on my phone alarming me about increasing the price and when I checked my walled I saw that I have even more money than Elon, As I said It was just a bug but this bug made us happy for just a few milliseconds when we saw the total funds we got and just for a minute we had a feeling of being a multi-billionaire.
The hacker seems to have a great sense of humor in this regard where he has managed to surprise a lot of people with his estimated asset. Yes, I also had the same feeling when I found out the estimated amount of asset I own could make me buy some islands in my country, and it tickled me a bit.

But the most unfortunate thing about this incident is the leak of user email and that is a bad thing in my opinion. Hacking like this can happen at any time and on any platform so nowadays all traders and investors need to reconsider how to safely store their asset. It will never be safe to keep it on the exchange because the exchange is the main hacking target of hackers.

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December 15, 2021, 07:15:39 PM
 #14

Whether it was a glitch or a hack, it was heartbreaking.

Now that I've checked, everything is operating normally again. Coinmarketcap, one of the most popular crypto tracking sites, has been down for a couple of hours. Price changes have been extreme due to the website's outage. People panic sell when such things happen, or get hyped as a result.

What was it like to experience being a trillionaire for a couple hours? Actually, I cleared my eyes twice just to make sure what I was seeing was real or not?
it was confirmed that it was a hack and they made a clarification on their twitter page. although this is quickly resolved, it still has a bad impact, one of which is the leakage of some user data which will make it easier to track.

But actually this will also be an advantage for those who really have to make the system even stronger because now with this it is proof that they can still be hacked.
I hope something like this doesn't happen again
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December 15, 2021, 10:04:50 PM
 #15

Well, I feel it was a plan code distort to show people a glimpse of the future, if they can just hold despite the current market situation and a way of easing depression that may have been caused by the current correction. Well, it made people in my group that ceased joining discussion because of the market to laugh out yesterday. We are back to reality.
That's too hopeful but it goes to show that you will never know what happens next so you better have bitcoin in your possession if you want to get the profit as the market grows. Good to have some laughs now and then with all that's happening to the market recently, it might not hurt to have them.

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December 15, 2021, 10:22:05 PM
 #16

Whether it was a glitch or a hack, it was heartbreaking.

Now that I've checked, everything is operating normally again. Coinmarketcap, one of the most popular crypto tracking sites, has been down for a couple of hours. Price changes have been extreme due to the website's outage. People panic sell when such things happen, or get hyped as a result.

What was it like to experience being a trillionaire for a couple hours? Actually, I cleared my eyes twice just to make sure what I was seeing was real or not?
it was confirmed that it was a hack and they made a clarification on their twitter page. although this is quickly resolved, it still has a bad impact, one of which is the leakage of some user data which will make it easier to track.

But actually this will also be an advantage for those who really have to make the system even stronger because now with this it is proof that they can still be hacked.
I hope something like this doesn't happen again

hacking will always be a part of our life already. so it may happen again as hackers will always find a way how to hack a vulnerable and valuable system. it is not the exchange site this time but the popular tracking site, but who knows, these hackers are just testing their capability to hack other systems? so better secure your funds and not wait when the exchange where you are storing your coins will be the next victim.

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December 15, 2021, 11:18:13 PM
 #17

It is a recurrent issue with coinmarketcap and other and it also happens to certain individual coins particularly if they have low liquidity or are marginal coins with weak programming and poor blockexplorers. it is certainly not the first time and won't be the last, so CMC should not really be used as a single source of truth for these matters ... nor for any other to be honest.

Regarding you having more than Elon, all I can say is that statistics say that between him and me we have billions.

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December 16, 2021, 02:49:19 AM
 #18

I guess it was more of a technical glitch than a hack, right? And it was not just coinmarketcap that experienced it as many sites and platforms are sharing the same sources.

Well, it was not something new. It happened a number of times in the past not just in coinmarketcap but also in tracking apps like Blockfolio and others. And it was not really much of a problem for as long as there was no vital data that was leaked, or no trading or investing decision was made by people while that glitch happened.

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December 16, 2021, 03:09:10 AM
 #19

I saw a similar technical glitch a few months ago as well. I don't remember which coin, but they incorrectly entered a wrong value for the circulating supply (thousands of times higher than the actual number), and as a result for a short-while (less than an hour) CMC was displaying that particular coin as the cryptocurrency with the largest market cap. Here in this case, they seems to have wrongly entered the market cap of BTC as it's exchange rate. If I check the market cap right now, it shows a figure of $927 billion.

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December 16, 2021, 05:34:17 AM
 #20

CMC should not really be used as a single source of truth for these matters ... nor for any other to be honest.
Coingecko was working perfectly at the time. I was surprised that Trustwallet suffered the same fake price just as Coinmarketcap,  people saw their price balance on the wallet skyrocketed with the fake price.

And it was not really much of a problem for as long as there was no vital data that was leaked, or no trading or investing decision was made by people while that glitch happened.
I do not think it affected trading, it only happened on Coinmarketcap and wallet like Trustwallet, anyone that thought he can make use of the period as an advantage to trade and get bigger amount was deceiving himself because the normal onchain value would be the one that would later result to. On Binance, the price were normal. So no trading manipulation.

About hack, it is as usual, Coinmarketcap database has been hacked before and many users details were stolen by the hackers involved. The best is for people not to submit their personal information like emails on the site, else, hack should be expected.

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