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Facebook is suffering the most severe outage in its history, with key services rendered unusable for users globally for much of Wednesday. The last time Facebook had a disruption of this magnitude was in 2008, when the site had 150m users – compared to around 2.3bn monthly users today. Facebook’s […]
Both Facebook and Instagram have been hit by major outages that left them refusing to load for some of their users. A rush of issues were reported on Tuesday lunchtime UK time, as users reported being unable to load the page at all. Multiple users said that heading to Facebook’s home […]
Benedict Evans, a general partner at Andreessen Horowitz (A16Z), one of the most successful venture capital firms in the world, has said that crypto is quite similar to the internet in 1993. As with any other emerging technology or market, the cryptocurrency space has seen a large number of failed […]
U.S. multinational financial services corporation Mastercard wants to apply principles of fractional reserve banking to cryptocurrency, a new patent application published Thursday, Oct. 25 reveals. According to the document, published by the U.S. Patent & Trademark Office (USPTO), the payment processor has plans to allow merchants to interact with what it calls “blockchain currencies” via a new method of […]
