Top Stories of The Week
Musk claims X hit by ‘massive DDoS attack’ delaying Trump interview
X owner Elon Musk claimed the social media platform was hit with a distributed denial-of-service (DDoS) attack as his slated interview with U.S. presidential hopeful Donald Trump was set to kick off.
“There appears to be a massive DDoS attack on X. Working on shutting it down,” Musk posted to X on Aug. 12. A DDoS attack aims to flood a network or service with traffic to disrupt and deny legitimate users from being able to use it.
The alleged attack came as technical issues plagued the X Spaces interview Musk and Trump were scheduled to hold at 8:00 pm Eastern Time, with multiple X users complaining they could not join. The site showed the stream was “not available,” but around 120,000 still managed to join. In a separate post, Musk said X tested the system earlier in the day with eight million concurrent listeners.
Musk managed to start the interview shortly after 8:30 pm ET, which he earlier said would “proceed with a smaller number of live listeners” with unedited audio to be posted “immediately thereafter.”
“As this massive attack illustrates, there’s a lot of opposition to people just hearing what President Trump has to say,” Musk said when opening the interview.
US Court of Appeals reboots HEX manipulation case against Binance.US
A United States appeals court has partially reversed the dismissal of a proposed class action lawsuit against Binance.US, which alleges the exchange unlawfully manipulated the price of the Hex (HEX) token.
A panel of three judges in the U.S. Court of Appeals for the Ninth Circuit reversed a district court’s previous dismissal of the class-action suit, and stated that the plaintiff, Ryan Cox, had made justifiable claims against Binance.US and CoinMarketCap.
Cox first filed the class-action lawsuit in 2021, claiming that Binance Capital Management and Binance.US artificially restricted HEX’s ranking on CoinMarketCap, a cryptocurrency…
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