Elon Musk says {that a} main outage that disrupted his social media platform X for hours on Monday was the results of a “massive cyberattack.” The outage coincided with a big dip for bitcoin that noticed the world’s main crypto fall to beneath $80,000.
In response to Downdetector, nearly 40,000 folks reported that X was down at round 2pm UTC. These reviews then fell earlier than spiking to over 17,000 an hour later.
Addressing the hack, Musk mentioned, “We get attacked every day, but this was done with a lot of resources. Either a large, coordinated group and/or a country is involved.”
Hacking group Darkish Storm has reportedly claimed duty for the assault. The group has beforehand warned it could goal international locations that assist Israel.
Learn extra: UK Treasury says ‘no plans’ to introduce US-style bitcoin reserve
In the meantime, whereas X struggles, knowledge on CoinGecko exhibits the price of bitcoin (BTC) can also be performing poorly, because it dropped to $78,313, down 27.9% from its all-time excessive again in January.
It’s additionally down 13.5% since Donald Trump introduced the creation of a US strategic BTC reserve final Thursday.
Selection reviews that X’s final main outage was on August 9, 2024. At 12:16 am UTC on this date, BTC reached over $62,000 earlier than dropping to round $60,000 all through the day.
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