CARNAGE IN CRYPTO: ELON MUSK’S X PLATFORM UNDER SIEGE IN ‘MASSIVE CYBERATTACK’!
Hold on to your wallets, folks! The digital world is erupting as Elon Musk’s relentless crusade against cybercriminals faces a harrowing setback. Today, his beloved X platform fell victim to what Musk himself calls a “massive cyberattack,” leaving thousands of users stranded in the dark!
ELON MUSK SPEAKS OUT: ‘THIS ATTACK IS NO JOKE!’
On March 10, Musk dropped a bombshell, revealing the wave of chaos crashing over X, as over 33,000 user outage reports flooded in. The tech titan warned that this cyber onslaught wasn’t just some petty hacking attempt – it involved a coordinated assault by a group or even an entire nation!
“We get attacked every day, but this was done with a lot of resources!” exclaimed Musk. Fans and foes alike are left wondering: who’s out to get the billionaire? With protests and vandalism sweeping through Tesla outlets, is this just the beginning of a digital war?!
CRYPTO ETPs PLUNGE INTO THE ABYSS: A WHOPPING $876 MILLION DOWN THE DRAIN!
In another shocking twist, the crypto markets aren’t faring any better! The chaos continues as crypto Exchange-Traded Products (ETPs) have just recorded FOUR STRAIGHT WEEKS of massive outflows, totaling a staggering $876 million in losses! That’s right! The bloodbath shows no signs of stopping!
According to CoinShares, while the pace of these outflows may have slowed, the bearish sentiment is palpable. With Bitcoin ETPs leading the charge in chaos, it’s reported that a whopping 85% of last week’s outflows were linked to the king of crypto itself!
As investors pull the plug, the year-to-date inflows have plummeted to a mere $2.6 billion, with assets under management taking a massive hit, declining by $39 billion to reach their lowest point in over six months!
UTTER CONFUSION IN UTAH: SENATE PASSES BITCOIN BILL BUT BUTCHERS KEY PROVISION!
And if you thought it couldn’t get crazier, think again! Utah’s Senate has just passed a Bitcoin bill, but hold onto your hard drives – they’ve SCRAPPED the essential Bitcoin reserve provision! What’s left? Only the bare bones of basic custody protections and the right to mine!
The once-promising HB230 bill is now headed to Governor Spencer Cox, but without its crucial game-changing clause that could have made Utah the first US state with its own Bitcoin reserve! “All of that has been stripped out of the bill,” lamented Senator Kirk A. Cullimore.
What does this mean for Utah? A big nothing burger for crypto enthusiasts!
With these developments, it’s evident – from Musk’s cyber skirmishes to crypto market mayhem and legislative backtracking, it’s a wild ride out there! Buckle up for more exhilarating chaos as we keep our eyes glued to the ever-shifting landscape of the crypto world!
