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Coinbase, Blame Price Glitches on CoinMarketCap

  • Coinbase is an API partner for CoinMarketCap on pricing
  • Crypto users saw brief price surges across multiple platforms
Kris Marszalek

Kris Marszalek

Photographer: Paul Yeung/Bloomberg
Updated on

The finger-pointing has already started after data glitches resulted in the brief display of astronomical gains for many cryptocurrencies late Tuesday. Chief Executive Kris Marszalek blamed popular data provider and said it was working to remove the “unreliable price feed” from its site. Coinbase Global Inc. President and Chief Operating Officer Emilie Choi also cited bad pricing data from, which is own by rival exchange Binance.