{"id":124785,"date":"2025-03-10T19:18:42","date_gmt":"2025-03-10T19:18:42","guid":{"rendered":"http:\/\/cryptospotters.net\/?p=124785"},"modified":"2025-03-10T19:18:42","modified_gmt":"2025-03-10T19:18:42","slug":"elon-musk-there-is-a-massive-cyberattack-against-x","status":"publish","type":"post","link":"http:\/\/cryptospotters.net\/?p=124785","title":{"rendered":"Elon Musk: There is a \u2018massive cyberattack against X\u2019"},"content":{"rendered":"<p>Source: Cointelegraph.com NewsThe X social media platform has been hit with a \u201cmassive cyberattack\u201d that has prevented some users from accessing the site, platform owner Elon Musk confirmed on March 10.<br \/>\n\u201cWe get attacked every day, but this was done with a lot of resources. Either a large, coordinated group and\/or a country is involved,\u201d Musk said.<br \/>\nSource: Elon MuskAlthough user functionality was quickly restored, Musk implied that the attack was still ongoing.<br \/>\nAt the time of writing, there were more than 33,000 reports of X outages on March 10, according to Downdetector.<br \/>\nMusk confirmed the cyberattack in response to a social media user who detailed a series of attacks against the entrepreneur\u2019s interests, from protests against the Department of Government Efficiency (DOGE) to vandalism of Tesla stores.<br \/>\nAs NBC News reported, there have been at least 10 acts of vandalism against Tesla stores and vehicles, likely in response to the billionaire entrepreneur\u2019s involvement in the Trump White House.<br \/>\nSource: Elon MuskRelated: US Department of Government Efficiency slapped with more lawsuits<br \/>\nDOGE expands cost-cutting measures<br \/>\nShortly after winning the November presidential election, Donald Trump appointed Musk to head the Department of Government Efficiency with the mandate of reducing wasteful government spending.\u00a0<br \/>\nSo far, Musk\u2019s DOGE claims to have saved $105 billion in taxpayer dollars across 10,492 initiatives, according to a live tracker.\u00a0<br \/>\nDOGE reportedly has its sights set on the Securities and Exchange Commission (SEC) and has even called on the public to provide examples of \u201cwaste, fraud and abuse\u201d at the agency.\u00a0<br \/>\nMusk previously described the SEC as a \u201ctotally broken organization\u201d that, instead of prosecuting real criminals, misallocates its resources on things that don\u2019t matter.<br \/>\nWith regard to crypto, the SEC\u2019s mandate under President Trump has changed dramatically.\u00a0<br \/>\nAccording to the Harvard Law School Forum on Corporate Governance, \u201cWe should expect the SEC under the second Trump administration to scale back rulemakings adopted under the Biden administration and former Chair Gary Gensler that many viewed as increasing impediments to one of the SEC\u2019s core missions of capital formation.\u201d<br \/>\nMagazine: Legal issues surround the FBI\u2019s creation of fake crypto tokens<br \/>\nThis is a developing story, and further information will be added as it becomes available.<a href=\"https:\/\/cointelegraph.com\/news\/elon-musk-massive-cyberattack-against-x?utm_source=rss_feed&amp;utm_medium=rss&amp;utm_campaign=rss_partner_inbound\" target=\"_blank\" class=\"feedzy-rss-link-icon\" rel=\"noopener\">Read More<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>Source: Cointelegraph.com NewsThe X social media platform has been hit with a \u201cmassive cyberattack\u201d that has prevented some users from accessing the site, platform owner Elon Musk confirmed on March&hellip; <\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[5],"tags":[],"_links":{"self":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/124785"}],"collection":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=124785"}],"version-history":[{"count":0,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/124785\/revisions"}],"wp:attachment":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=124785"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=124785"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=124785"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}