CrowdStrike
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The bullish $BTC market is clearly surging due to the influence of CrowdStrike, a cybersecurity company. A recent Microsoft update contained a bug that caused major disruptions, affecting the applications of large banks, airlines, and stocks, creating a glitch-like situation. This significant cyber pandemic has prompted stocks and banks to move toward Bitcoin for it's secure blockchain technology. This situation has confirmed that whenever any type of cyber pandemic occurs, Bitcoin will be accepted as a safe zone. The future price momentum is now critical. If Bitcoin remains green on Sunday and the market opens with green on Monday, this could be very bullish. Otherwise, a dump on Sunday will confirm that this unusual pump was due to CrowdStrike.
#BinanceHODLerBANANA #BinanceTurns7 #Mt_Gox_BTC_Dip #ETH_ETF_Approval_23July #CrowdStrike
#BinanceHODLerBANANA #BinanceTurns7 #Mt_Gox_BTC_Dip #ETH_ETF_Approval_23July #CrowdStrike
Bitcoin hits a multi-week high post-Crowdstrike IT outage, trapping shorts. Despite global tech issues, BTC broke above the crucial $66K GANN level. Heavy resistance lies between $67K-$70K, but Wyckoff pattern and inverted head & shoulders hint at a bullish continuation. šš
#bitcoināļø #BTCā #TradingMadeEasy #CrowdStrike
#bitcoināļø #BTCā #TradingMadeEasy #CrowdStrike
š„š„News updateš„š„#All stock market and IT sectors going down because of Cyber pandemic ....Crowdstrike cyber security company problem..
All investor tranfer there funds to BtC and market going up to secure there funds because crypto is block chain technology safe and secure...Btc can touch 70k or more...So enjoy profits dont take long or short in future...do only spot trading Good luck...and follow us more update
$BTC $ETH $BNB
#CrowdStrike #btcupdates2024 #MarketUpdates" #Cyberpandemic
All investor tranfer there funds to BtC and market going up to secure there funds because crypto is block chain technology safe and secure...Btc can touch 70k or more...So enjoy profits dont take long or short in future...do only spot trading Good luck...and follow us more update
$BTC $ETH $BNB
#CrowdStrike #btcupdates2024 #MarketUpdates" #Cyberpandemic
Why Bitcoin (BTC) Could Hit a New High by End of 2024
#EthereumETF #Binance #Bitcoin #CrowdStrike $BTC #Binance $USDT $SOL
#EthereumETF #Binance #Bitcoin #CrowdStrike $BTC #Binance $USDT $SOL
Bitcoin Marches Towards $70k: Bullish And Bearish Arguments Explained
Bitcoin is rebounding from a crucial support level, maintaining its long-term bullish trend. While Bitcoin remains in a larger bull market, ETFs are also making a mark with inflows. On Thursday, there was an inflow into spot Bitcoin ETFs, totaling nearly $85 million, which is an increase from the $53 million seen on Wednesday.
However, these figures are still lower compared to the inflows earlier in the week, where Monday and Tuesday saw multi-hundred million dollar inflows. Analyst Josh of Crypto World, dissected the Bitcoin chart and said that the SuperTrend indicator remains in the green, indicating a sustained bullish market on the larger time frames.
#EthereumETF #Binance #Bitcoin #CrowdStrike #Gemini $BTC $BNB $SOL
Bitcoin is rebounding from a crucial support level, maintaining its long-term bullish trend. While Bitcoin remains in a larger bull market, ETFs are also making a mark with inflows. On Thursday, there was an inflow into spot Bitcoin ETFs, totaling nearly $85 million, which is an increase from the $53 million seen on Wednesday.
However, these figures are still lower compared to the inflows earlier in the week, where Monday and Tuesday saw multi-hundred million dollar inflows. Analyst Josh of Crypto World, dissected the Bitcoin chart and said that the SuperTrend indicator remains in the green, indicating a sustained bullish market on the larger time frames.
#EthereumETF #Binance #Bitcoin #CrowdStrike #Gemini $BTC $BNB $SOL
š¤Æ āLargest IT outage in historyā hits Microsoft Windows and causes global chaos
Fault in CrowdStrike software update linked to Windows PCs may take days to fix, experts suggestā¼ļø
#Microsoft #CrowdStrike #BinanceHODLerBANANA $BTC $ETH $BNB
Fault in CrowdStrike software update linked to Windows PCs may take days to fix, experts suggestā¼ļø
#Microsoft #CrowdStrike #BinanceHODLerBANANA $BTC $ETH $BNB
Microsoft Outage Disrupted Global Systems. āļøš
A widespread Microsoft outage on July 19, 2024, caused significant disruptions across various sectors worldwide. The outage originated from a faulty update released by cybersecurity firm CrowdStrike, triggering the infamous Blue Screen of Death (BSoD) error on Windows operating systems.
šRipple Effects Across Sectors
The financial sector suffered a major blow, with banks and institutions experiencing service disruptions, preventing customers from accessing accounts and conducting transactions. Airlines and airports faced flight cancellations and delays, inconveniencing countless passengers. The healthcare sector was not immune, as patient record systems and essential services became inaccessible.
šEstimating the Damage
Cybersecurity experts predict a hefty price tag for this outage, potentially reaching billions of dollars in losses worldwide. This incident serves as a stark reminder of the critical importance of robust cybersecurity measures.
šPreventing Future Disruptions
To mitigate the risk of similar incidents, experts stress the need for more rigorous update management, particularly for software used in critical systems. Thorough testing and proactive identification of potential issues are crucial. Additionally, organizations must maintain up-to-date backup and recovery plans to ensure swift system restoration in the event of an outage.
šKey Takeaways
This outage underscores the vulnerability of interconnected systems and the far-reaching consequences of software glitches. It serves as a wake-up call for the technology industry and businesses worldwide, emphasizing the necessity for meticulous software development and stringent cybersecurity practices.
#Microsoft #CrowdStrike #cybersecurity #MicroSoftDown
A widespread Microsoft outage on July 19, 2024, caused significant disruptions across various sectors worldwide. The outage originated from a faulty update released by cybersecurity firm CrowdStrike, triggering the infamous Blue Screen of Death (BSoD) error on Windows operating systems.
šRipple Effects Across Sectors
The financial sector suffered a major blow, with banks and institutions experiencing service disruptions, preventing customers from accessing accounts and conducting transactions. Airlines and airports faced flight cancellations and delays, inconveniencing countless passengers. The healthcare sector was not immune, as patient record systems and essential services became inaccessible.
šEstimating the Damage
Cybersecurity experts predict a hefty price tag for this outage, potentially reaching billions of dollars in losses worldwide. This incident serves as a stark reminder of the critical importance of robust cybersecurity measures.
šPreventing Future Disruptions
To mitigate the risk of similar incidents, experts stress the need for more rigorous update management, particularly for software used in critical systems. Thorough testing and proactive identification of potential issues are crucial. Additionally, organizations must maintain up-to-date backup and recovery plans to ensure swift system restoration in the event of an outage.
šKey Takeaways
This outage underscores the vulnerability of interconnected systems and the far-reaching consequences of software glitches. It serves as a wake-up call for the technology industry and businesses worldwide, emphasizing the necessity for meticulous software development and stringent cybersecurity practices.
#Microsoft #CrowdStrike #cybersecurity #MicroSoftDown
What is CrowdStrike and why has it caused so much trouble?
A major tech outage on Friday affected numerous companies across airlines, banking, and media. The disruption stemmed from a software issue involving Microsoft's Azure cloud platform and CrowdStrike's security software.
The problem primarily affected Windows computers running CrowdStrike software. CrowdStrike promptly released a fix, addressing the glitch linked to a recent Windows update.
Understanding CrowdStrike
CrowdStrike is a leading provider of cloud-based security solutions for businesses. Their Falcon tool, designed to detect unusual behavior and vulnerabilities, was implicated in the outage.
Founded in 2011 and headquartered in Austin, CrowdStrike operates globally, serving customers in over 170 countries with a workforce exceeding 7,900. The company reported over $900 million in revenue for the quarter ending in April, primarily from the US market.
Key Takeaway
This incident underscores the significance of strong cybersecurity measures and the potential far-reaching effects of software problems. CrowdStrike's swift response highlights the crucial role cybersecurity firms play in maintaining the integrity and functionality of digital infrastructure across various sectors.
#CrowdStrike #Microsoft #BillGates #BinanceTurns7 #BinanceTournament
The problem primarily affected Windows computers running CrowdStrike software. CrowdStrike promptly released a fix, addressing the glitch linked to a recent Windows update.
Understanding CrowdStrike
CrowdStrike is a leading provider of cloud-based security solutions for businesses. Their Falcon tool, designed to detect unusual behavior and vulnerabilities, was implicated in the outage.
Founded in 2011 and headquartered in Austin, CrowdStrike operates globally, serving customers in over 170 countries with a workforce exceeding 7,900. The company reported over $900 million in revenue for the quarter ending in April, primarily from the US market.
Key Takeaway
This incident underscores the significance of strong cybersecurity measures and the potential far-reaching effects of software problems. CrowdStrike's swift response highlights the crucial role cybersecurity firms play in maintaining the integrity and functionality of digital infrastructure across various sectors.
#CrowdStrike #Microsoft #BillGates #BinanceTurns7 #BinanceTournament
Users of macOS 15 ā #Sequoia ā are experiencing network connection errors with certain endpoint detection and response (EDR) and virtual private network ( #VPN ) solutions, particularly #CrowdStrike Falcon and #ESET Endpoint Security, as well as issues with web browsers. These problems seem to stem from incompatibilities with the operating system's new networking structures.
CrowdStrike and SentinelOne have both advised against upgrading to macOS 15 until their tools fully support it. Reports indicate that while some VPNs, like #ProtonVPN , are functioning well, others like Mullvad are facing intermittent connectivity issues.
Apple has not commented on these problems, but release notes indicate changes to the Application Firewall, which may be causing conflicts. ESET recommends users remove their product from macOSās network filters to resolve connection issues, while security researcher WacÅaw Jacek has suggested temporary fixes for firewall-related problems.
Users relying on EDR, VPNs, or strict firewall settings are advised to delay upgrading to macOS 15 until these issues are resolved.
CrowdStrike and SentinelOne have both advised against upgrading to macOS 15 until their tools fully support it. Reports indicate that while some VPNs, like #ProtonVPN , are functioning well, others like Mullvad are facing intermittent connectivity issues.
Apple has not commented on these problems, but release notes indicate changes to the Application Firewall, which may be causing conflicts. ESET recommends users remove their product from macOSās network filters to resolve connection issues, while security researcher WacÅaw Jacek has suggested temporary fixes for firewall-related problems.
Users relying on EDR, VPNs, or strict firewall settings are advised to delay upgrading to macOS 15 until these issues are resolved.
š³š³š³ #CrowdStrike stock falls another 13% on Monday, days after global IT outage
CrowdStrike Shares Plunge After Software Update Failure
CrowdStrike Holdings Inc. (CRWD) experienced a significant decline in its stock price following a botched software update that caused a global computer outage.
Key Points:
- Stock Decline: CRWD shares fell 13% on July 22, reaching $263, following a 30% monthly decline, with 23% occurring since the July 19 update failure. The stock has dropped 33% from its all-time high of $392 on July 1.
- Short Sellers: Bloomberg reported that short sellers made $978 million from CrowdStrikeās 23% two-day decline. The #cybersecurity sector has seen increased short interest, with CrowdStrike being the second-most shorted company after Microsoft.
Analyst Reactions:
- Downgrades: Analysts downgraded CRWD and lowered price targets. Guggenheim analysts, led by John , removed their $424 price target but believe the company will eventually recover.
- Long-Term Outlook: Despite the setback, many Wall Street analysts remain optimistic about CrowdStrike, with an average price target suggesting a 40% upside from current levels.
Centralization Concerns:
- Jimmy Su, Binance: Highlighted that centralized computing architectures are prone to similar incidents in the future. He noted that decentralized networks like #bitcoināļø remain unaffected, with over 11 years of uninterrupted operation. Su emphasized that decentralized systems are more resilient because they don't rely on a single point of failure.
In summary, CrowdStrikeās stock has taken a significant hit due to a software update failure, but there is optimism about its long-term prospects. The incident also underscores the vulnerabilities of centralized computing systems compared to decentralized networks.
Source - cointelegraph.com
#CryptoNewsCommunity #BinanceSquareTalks
CrowdStrike Shares Plunge After Software Update Failure
CrowdStrike Holdings Inc. (CRWD) experienced a significant decline in its stock price following a botched software update that caused a global computer outage.
Key Points:
- Stock Decline: CRWD shares fell 13% on July 22, reaching $263, following a 30% monthly decline, with 23% occurring since the July 19 update failure. The stock has dropped 33% from its all-time high of $392 on July 1.
- Short Sellers: Bloomberg reported that short sellers made $978 million from CrowdStrikeās 23% two-day decline. The #cybersecurity sector has seen increased short interest, with CrowdStrike being the second-most shorted company after Microsoft.
Analyst Reactions:
- Downgrades: Analysts downgraded CRWD and lowered price targets. Guggenheim analysts, led by John , removed their $424 price target but believe the company will eventually recover.
- Long-Term Outlook: Despite the setback, many Wall Street analysts remain optimistic about CrowdStrike, with an average price target suggesting a 40% upside from current levels.
Centralization Concerns:
- Jimmy Su, Binance: Highlighted that centralized computing architectures are prone to similar incidents in the future. He noted that decentralized networks like #bitcoināļø remain unaffected, with over 11 years of uninterrupted operation. Su emphasized that decentralized systems are more resilient because they don't rely on a single point of failure.
In summary, CrowdStrikeās stock has taken a significant hit due to a software update failure, but there is optimism about its long-term prospects. The incident also underscores the vulnerabilities of centralized computing systems compared to decentralized networks.
Source - cointelegraph.com
#CryptoNewsCommunity #BinanceSquareTalks
