read moreĪmong those affected was BCB Group, a London-based crypto firm that offers OTC trading as well as other services. LONDON/MOSCOW, Oct 5 (Reuters) - WhatsApp's nearly six-hour long outage on Monday hit trading of assets from cryptocurrencies to Russian oil, market players said, although a quick shift to alternative platforms such as Telegram limited severe disruption.ĭespite many financial institutions discouraging employees from using messaging services such as WhatsApp and other Facebook platforms that went down on Monday, their convenience has made them popular among traders communicating with clients in over-the-counter (OTC) markets.įacebook Inc (FB.O) blamed a "faulty configuration change" for the outage that hit WhatsApp, as well as Instagram and Messenger, in the largest ever outage tracked by web monitoring group Downdetector.
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