WazirX trading platform deals with outages as cryptocurrencies dip; opens floodgates for memes on Twitter- Technology News, Novi Reporter

WazirX buying and selling platform offers with outages as cryptocurrencies dip; opens floodgates for memes on Twitter- Know-how Information, Novi Reporter

Proper after China banned its establishments from dealing in digital currencies, cryptocurrencies – together with Bitcoin and Ethereum – took a large dip. This occurred at across the similar time that Elon Musk announced bitcoin mining and transactions encourage the usage of fossil fuels, particularly coal, and therefore, Tesla wouldn’t be accepting automobile purchases in bitcoin. This ultimately created panic amongst traders, who rushed to promote their shares and keep away from losses. WazirX, certainly one of India’s largest cryptocurrency buying and selling platforms, additionally crashed after the plunge, making it a nightmare for a lot of traders.

Tesla wouldn’t be accepting automobile purchases in bitcoin. Picture: Pixabay

On Wednesday, WazirX crashed for a number of hours, and right this moment, the platform suffered its second outage this week. Whereas all this has been extremely worrying and irritating for some, memers took to Twitter to have fun on the scenario.

Listed below are a number of hilarious memes Twitterati used to explain the scenario:

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