This is a seemingly harmless albeit embarrassing incident. But more broadly I'm really curious as to how the Coinbase product is still so bad. Half of the time I try to 'trade' on the app, the transaction will fail and I'll get some generic error message. The user experience is thoroughly lacking. I have to imagine they employ a lot of talented engineers at this point, and they should know how to build a nice scalable product, but they just can't seem to do it. Really baffling... And in exchange for the poor experience, they charge absurd fees.
A bunch of the price trackers are buggy, they'll get fixed eventually, no real reason to get excited.<p>It would be interesting to know what happened internally though.
It is not just Coinbase. This was Apple Stocks a while ago:
<a href="https://files.littlebird.com.au/IMG_2DF6D3584334-1-nan5IY.jpeg" rel="nofollow">https://files.littlebird.com.au/IMG_2DF6D3584334-1-nan5IY.jp...</a>
Definitely weird. Coinmarket cap claims Algorand is >$1M [1] while the AlgoExplorer website says it is ~$1.30 [2]<p>[1] <a href="https://coinmarketcap.com/currencies/algorand/" rel="nofollow">https://coinmarketcap.com/currencies/algorand/</a>
[2] <a href="https://algoexplorer.io/" rel="nofollow">https://algoexplorer.io/</a>
Yahoo Finance shows -30% on BTC: <a href="https://finance.yahoo.com/quote/BTC-USD/" rel="nofollow">https://finance.yahoo.com/quote/BTC-USD/</a>
It looks like some bug...
coinbase finally posted a note:<p>Display Issue - Non-tradable Assets
Some non-tradable assets on Coinbase.com may display inflated values - this is a display issue only and does not impact trading.