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Zuckerberg participated in an event about cryptocurrencies after Facebook, Instagram and WhatsApp crash

On Monday afternoon (4), the world’s main social networks, Facebook and Instagram, and the popular messaging app, WhatsApp, went down around the world.

Zuckerberg participated in an event about cryptocurrencies after Facebook, Instagram and WhatsApp crash

Zuckerberg participated in an event about cryptocurrencies after Facebook, Instagram and WhatsApp crash

According to Facebook, the “crash”, which lasted about 6 hours, was the result of an instabilities in the DNS. This tool allows the connection between the reading of the website’s IP and the URL.

Minutes after the platforms went live, Facebook CEO Mark Zuckerberg attended a virtual event about cryptocurrencies.

He appeared on a live stream promoted by the Crypto Event channel. The aim of the event was to encourage the “mass adoption of cryptocurrencies” to make the world “fairer” through blockchain technology and cryptocurrencies such as Bitcoin and Ethereum.

Participants at the event needed to make donations between $4,900 and $4.9 million in Bitcoins. Or, from $3,400 to $1.6 million in Ethereum.

As informed by the event’s organizers, the proposal of the live was to raise 40 thousand Ethereum ($141 million) and 15 thousand Bitcoins ($771 million).

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The instabilities in Facebook services affected more than 3.5 billion people with accounts on the company’s platforms.

As reported by the website Downdetector, which monitors this type of problem, this was the biggest failure ever recorded. More than 10.6 million reporting issues worldwide. The last time Facebook had such an outage was in 2019.

Companies using WhatsApp as a business channel were particularly affected. The most affected were companies that use WhatsApp as a business channel.

Earlier on Monday, Mark Zuckerberg, who lost nearly $6 billion during the crash, recognized the importance of platforms for people-to-people communication. In this sense, he asked “apologies for the inconvenience”.

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