Today in crypto, Elon Musk’s X platform has been targeted by a cyberattack, while crypto exchange-traded products (ETPs) recorded a fourth straight week of outflows, with $876 million in losses during the past trading week. Meanwhile, Utah’s senate has passed a Bitcoin bill — but without the originally proposed Bitcoin reserve provision.
Elon Musk: There is a ‘massive cyberattack against X’
The X social media platform has been hit with a “massive cyberattack” that has prevented some users from accessing the site, platform owner Elon Musk confirmed on March 10.
“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,” Musk said.
Although user functionality was quickly restored, Musk implied that the attack was still ongoing.
There were more than 33,000 reports of X outages on March 10, according to Downdetector.
Musk