Some Revolut users received erroneous alerts on Friday showing Bitcoin's price falling near zero, with screenshots indicating BTC briefly displayed around 0.02 in the app. Revolut attributed the issue to a third-party service disruption rather than a market event.
The problem appeared to affect price displays and push notifications rather than the broader market price. Actual BTC spot pricing on major exchanges was unaffected, and Revolut has not reported user asset losses so far. The episode is the latest in a string of third-party price-feed incidents that have surfaced across retail crypto apps, where a single upstream provider can misrender prices for an entire user base before anyone notices.
Revolut has not yet disclosed which third-party vendor was responsible for the glitch or whether it will switch providers.
Frequently asked questions
-
Did Bitcoin's price actually drop to near zero?
No. The near-zero display was an error in Revolut's app and push notifications caused by a third-party service disruption. Actual BTC spot pricing on major exchanges was unaffected.
-
Did any Revolut users lose money in the incident?
Revolut has not reported any user asset losses. The glitch affected price displays and alerts rather than trade execution or custody.
-
What caused the erroneous price display?
Revolut attributed the issue to a disruption at a third-party price-feed service. The company has not yet disclosed which vendor was responsible.
-
Was the broader crypto market affected?
No. The display error was isolated to Revolut's app. Spot BTC pricing across major exchanges continued to trade normally.
-
Has Revolut said it will change price providers?
As of this update, Revolut has not disclosed whether it will switch third-party vendors in response to the incident.
WuBlockchain