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Crypto Data Site CoinMarketCap Has Gone Offline

Popular crypto data site CoinMarketCap is suffering some sort of outage.

  • Users started reporting problems at around 14:30 UTC – the entire site, including price and exchange data feeds as well as its news aggregator service, appear to be offline.
  • CoinMarketCap released data showing the website’s response time has slowed significantly in the past hour. The site said it is currently investigating an issue that has made the site “unstable.”
  • CoinMarketCap told CoinDesk the site outage doesn’t appear to be a malicious attack.
  • The spokesperson said it was likely a technical hiccup from the newly-launched CoinMarketCap Earn – a platform for users to earn cryptocurrencies while reading about them on the website.
  • CoinMarketCap was sold to Binance for a reported $400 million earlier this year; it is one of the most visited websites in the world according to SimilarWeb.
  • Possibly coincidentally, the website for cryptocurrency exchange HOTBIT has also temporarily shut down – although a message on the site says this is for server maintenance.

UPDATE (Aug 13, 15:30 UTC): This article has been updated with comment from CoinMarketCap.

Disclosure

The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups.

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