Revolut's app displayed Bitcoin at an erroneous price of 2 cents on Friday due to a third-party provider glitch, causing a stir on social media. The company confirmed the issue, which also affected other cryptocurrencies like XRP and Solana, and stated that engineers were working on a fix. The disruption was resolved, with Revolut attributing the problem to a service failure at an unnamed external pricing provider.
The glitch led to temporary price drops across multiple cryptocurrencies within the app, but no similar movements were observed on other platforms like CoinMarketCap or CoinGecko. Experts suggest the issue was likely due to a corrupt data tick or a transient liquidity gap, highlighting the risks retail apps face with data reliability. Revolut emphasized the importance of checking their status page for updates during such incidents.
Revolut App Glitch Shows Bitcoin at 2 Cents Due to Provider Error
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.
