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Facebook Experienced an Outage and Memecoins Jumped in This Week’s Business and Crypto Roundup

Many brands are starting to see a recovery despite the challenges initially brought on by the pandemic. Some businesses, especially ones that focused efforts on expanding e-commerce ventures, have even seen profits rise even higher than before.

HYPEBEAST has rounded up the top business and crypto stories of the week so you can stay in the know about trends across industries.

Business

1. Facebook, Instagram and WhatsApp experienced their biggest outage since 2008

Facebook experienced a global outage on Monday, with Instagram and WhatsApp also down. The company later explained that the shutdown was triggered by a command issued by its internal network during routine maintenance.

2. Twitch confirmed it experienced a major data breach

Twitch released its statement after an anonymous hacker 

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