A cyberattack on X (formerly Twitter) recently disrupted access for thousands of users, but the issue was quickly resolved.
The hacking group responsible, Dark Storm, claimed credit for the attack, which was later identified as a Distributed Denial-of-Service (DDoS) assault. The group announced their involvement through a Telegram post, which was later removed for breaching the platform’s terms.
SpyoSecure, a cybersecurity organization, reported on March 10 that Dark Storm’s leader confirmed the attack, stating that their goal was simply to demonstrate their capabilities, with no political agenda.
Although the Telegram channel was deleted, screenshots of their claims circulated, showing evidence of failed connection attempts across various global locations.
Ed Krassenstein, a well-known figure in the NFT space, also reported his interaction with the leader of Dark Storm, further confirming the group’s involvement. While Dark Storm, a pro-Palestinian hacking collective with Russian ties, has been active since 2023, their recent attack was part of a broader strategy of targeting NATO-affiliated countries.
Elon Musk, owner of X, acknowledged the attack in a conversation with Fox Business’s Larry Kudlow, revealing that they suspected the hackers’ IP addresses to trace back to the Ukraine area, though the full details of the incident remain unclear.
Jefferies chief market strategist David Zervos believes an upcoming power shift at the Federal Reserve could benefit U.S. equity markets.
Anchorage Digital, a federally chartered crypto custody bank, is urging its institutional clients to move away from major stablecoins like USDC, Agora USD (AUSD), and Usual USD (USD0), recommending instead a shift to the Global Dollar (USDG) — a stablecoin issued by Paxos and backed by a consortium that includes Anchorage itself.
Ethereum co-founder Vitalik Buterin has voiced concerns over the rise of zero-knowledge (ZK) digital identity projects, specifically warning that systems like World — formerly Worldcoin and backed by OpenAI’s Sam Altman — could undermine pseudonymity in the digital world.
A new report by the European Central Bank (ECB) reveals that digital payment methods continue to gain ground across the euro area, though cash remains a vital part of the consumer payment landscape — particularly for small-value transactions and person-to-person (P2P) payments.