Todd Bishop
Facebook, the social platform, will launch a new cryptocurrency next week. According to the Wall Street Journal, Facebook will launch a new cryptocurrency next week, supported by companies such as Visa, PayPal and Uber. It also pointed out that the companies have invested $10 million each to manage the digital currency consortium. The currency issued by the government is pledged to avoid large fluctuations in other cryptocurrencies.
On the other hand, Facebook’s social platform Instagram (IG) has failed, and some users have been unable to read the images and update the dynamics. After more than an hour of failure, the website has returned to normal operation.
According to Down Detector, an independent website that tracks the failure of social networking sites, more than 50,000 users reported incidents to them. The world is affected, and more users report failures in the United States, the United Kingdom, Germany, France, Spain, Japan and so on.
The Instagram spokesperson apologized for the inconvenience caused to the user, indicating that there was a technical problem with the website earlier, which caused some users to have difficulty using the account. The website has now returned to normal.
As for Facebook’s good performance on Thursday (13th), the market closed at $177.47, an increase of 1.39%. In the post-trade period, it reported $177.4, down 0.04%.
