Solana Faces Renewed Criticism After 10th Downtime and Bumpy Restart, but Developers Remain Optimistic

Solana Faces Renewed Criticism After 10th Downtime and Bumpy Restart, but Developers Remain OptimisticFollowing the initial incident on Feb. 25, Solana resolved the blockchain’s performance degradation after validators decided to restart the network. According to an outage report following more than 24 hours of downtime, Solana developers detailed that the “root cause is still unknown and under active investigation.” Social Media Mocks Solana’s 10th Downtime, Supporters Defend Project […]

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Darknet Forum Dread to Relaunch After Month-Long Downtime Due to DDOS Attack

According to web portal darkdot.com and anonymous journalist Darkdotfail, the popular darknet forum Dread has been down for a month. The well-known forum, which was a place for darknet market (DNM) patrons to discuss operations security, rate specific vendors, and talk about stealth delivery ideas, has been absent for 30 days. However, the forum’s founder, […]

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Arbitrum Network Stalled Due to Sequencer Downtime

ArbitrumThe Arbitrum network, an Ethereum L2 (Layer 2) rollup, experienced some difficulties that caused a complete stop in the production of blocks and the confirmation of transactions. According to reports from the Arbitrum team, this incident had to do with downtime regarding its sequencer, a special node that manages the order of transactions, leaving the […]

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Coinbase Issues a Public Apology to EU and UK Customers — Did Not Address Its Global Issues

Coinbase Issues a Public Apology to EU and UK Customers — Did Not Address Its Global IssuesCryptocurrency exchange Coinbase published a statement addressing their U.K. and E.U. customers, apologizing for system outages and account restrictions. The company also recognized their customer support “has not been at the levels” expected. High Flow of Incoming Customers According to the public apology, the U.S.-based crypto company said customers from both regions have been facing […]

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Traders Complain About Exchange Issues and Downtime During Bitcoin’s Volatile Price Swings

Traders Complain About Exchange Issues and Downtime During Bitcoin's Volatile Price SwingsAs bitcoin and a number of digital assets saw deep losses on Monday, a few crypto-asset exchanges had difficulties. Traders have been complaining about issues with exchanges like Coinbase, Kraken, and other trading platforms during the volatile price swings. Bitcoin (BTC) and many other cryptocurrencies have suffered a dip in value during the course of […]

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Sources Say World’s Largest Darknet Empire Market Exit Scammed, $30 Million in Bitcoin Stolen

One of the world’s largest darknet markets (DNM), Empire Market, allegedly exit scammed after the marketplace was taken offline for a number of days this week. DNM patrons are upset about Empire Market’s departure and customers say that $30 million in bitcoin held by the darknet’s admins has been stolen. Three days ago news.Bitcoin.com reported […]

The post Sources Say World’s Largest Darknet Empire Market Exit Scammed, $30 Million in Bitcoin Stolen appeared first on Bitcoin News.

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Darknet Giant Empire Market Offline for 36 Hours, Blame Cast at Massive DDoS Attack

Darknet Giant Empire Market Offline for 36 Hours, Blame Cast at Massive DDoS AttackAccording to a number of sources, one of the largest darknet markets in the world, Empire Market has been offline for well over 36 hours. The researcher and analyst Dark.fail has been tweeting about the subject, as the market hasn’t been down for this long since 2019. It seems the popular darknet market (DNM) Empire […]

The post Darknet Giant Empire Market Offline for 36 Hours, Blame Cast at Massive DDoS Attack appeared first on Bitcoin News.

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Markets.Bitcoin.Com Holds Fort as Coinmarketcap Temporarily Goes Offline

Markets.Bitcoin.Com Holds Fort as Coinmarketcap Temporarily Goes OfflineCoinmarketcap (CMC) temporarily went offline Thursday, August 13 and normal service only resumed some hours later, but not before inconveniencing a number of regular users. Crypto investors accustomed to CMC’s service scrambled to find reliable alternative sources of fresh market data. During this downtime, crypto traders that are new to markets.Bitcoin.com got a glimpse of […]

The post Markets.Bitcoin.Com Holds Fort as Coinmarketcap Temporarily Goes Offline appeared first on Bitcoin News.

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Crypto Exchanges Overwhelmed on Bitcoin’s Most Volatile Day of the Year

Exchanges Overwhelmed on Bitcoin’s Most Volatile Day of the YearBinance chief Changpeng Zhao referred to it as “Bloodbath day,” and many in the cryptosphere will echo those sentiments, as fallout from the COVID-19 pandemic reverberates through global markets. As crypto exchanges were thronged by frantic traders looking to capitalize on – or seek refuge from – the unprecedented market dump, several platforms buckled under […]

The post Crypto Exchanges Overwhelmed on Bitcoin’s Most Volatile Day of the Year appeared first on Bitcoin News.

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The Financial Cost of Downtime

Technology over the past few decades is becoming more and more prevalent in society and we become more dependent, when it fails it wreaks havoc on our lives. The world is very dependent on tech and when it fails, even our homes are at risk, with our security systems and even our appliances relying on it. People’s homes aren’t the only ones at risk – businesses and companies are at high risk too with all of their online infrastructure.   But even with technology’s many advantages, including being better at our own things than we are, it still has flaws.

The post The Financial Cost of Downtime appeared first on The Merkle Hash.

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