Syscoin announced on twitter that they are investigating an issue with their blockchain and asked exchanges to halt trading while they look into the issue further. No information was given regarding what might be the cause of the issue.
We are investigating a possible issue on the Syscoin blockchain, nothing is confirmed but we have asked for exchanges to halt trading while we investigate.— Syscoin (@syscoin) July 3, 2018
Syscoin has a coin market cap of 62 or $183,783,203 (USD) and is currently selling for $0.342691 USD. It has seen its value increase 75.27in 24 hours, the highest of any coin in a 24 hour period. According to twitter users, one person bought 1 SYS for 96 bitcoin, which is worth $635,517.60 (USD).
Someone bought SYS at the price of 96 bitcoin. Yes one SYS for 96 bitcoin!— Crypto Cryptosson (@Cyrptosson) July 3, 2018
Syscoin refused to comment if this was the issue.
One twitter user predicted that the error was due to someone’s “fat fingers” and nothing to do with Binance, where the supposed 1 SYS for 96 bitcoin trade occured.
I think someone Fat Fingered on binance, I don't see how that could have anything to do with the blockchain— NewsBitcoin (@NewsBitcoin) July 3, 2018
One twitter user apparently did some digging and discovered that 11 coins were dumped for that price. However, it is still unknown whether an actual hack occured.