logo
  • menu
  • Markets
  • ETFs
  • Live
  • Spot
  • Futures
  • Learn
  • Sign In
  • Sign Up
  • Downloads
  • English
  • |
  • USD
  • |
Sign Up
Crypto PricesLearnLatest NewsDownloadsMarketsSpotAnnouncements
Home/
Latest News/
Markets

Elon Musk Takes Action: 'Rate Limits' Introduced on Twitter to Counter System Manipulation and Foster Fairness

By Wayne Ingram
Jul 5, 2023
4 
★
★
★
★
★
★
★
★
★
★
 113 User Rating
Share

Elon Musk, the Executive Chairman, revealed that Twitter is imposing temporary limits on the number of posts users can read each day due to the occurrence of "extreme levels of data scraping and system manipulation." In a post on July 1, Musk stated that verified accounts would be limited to 10,000 posts per day, while unverified accounts and new unverified accounts would be restricted to 1,000 posts per day and 500 posts per day, respectively. Twitter users have been experiencing issues on the p platform, such as missing tweets, disrupted timelines, and "rate limit exceeded" messages, leading to the hashtags #TwitterDown and #TwitterFail trending in some areas.

Reports from the real-time outage monitoring site DownDetector indicate a significant number of user-submitted reports of Twitter outages within the past 24 hours. Countries heavily affected by these outages include France, the United Kingdom, Germany, and the eastern and western coast s of the United States. While Musk did not provide specific details about the data theft that occurred on Twitter or the exact nature of the "system manipulation," he mentioned that the data was "looted" to such an extent that it impacted the availability of services .

There is speculation that the extensive "data scraping" may be attributed to AI chatbots that facilitate web browsing, such as OpenAI's GPT-4. Twitter's developer documentation states that rate limits are in place to manage the volume of requests made to the Twitter application programming interface (API). These limits ensure the reliability and scalability of the API, which is essential for the developer community. In a tweet on July 2, Twitter co-founder and former CEO Jack Dorsey defended the recent decision, acknowledging the challenges of running. Twitter and suggesting that it was made for the greater good of the platform.

Dorsey also expressed his desire to see Twitter adopt "truly censorship-resistant open protocols" like Bitcoin and Nostr. Meanwhile, outside of the Twitter sphere, Elon Musk seemed to be preparing for a potential mixed martial arts cage fight with Mark Zuckerberg, the billionaire CEO of Meta.

Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of BitKan. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. BitKan shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. Products mentioned in this article may not be available in your region.

Related News

  • Uniswap Soars 22% as Altcoins Rally While Bitcoin Stalls

    Uniswap Soars 22% as Altcoins Rally While Bitcoin Stalls

    Uniswap (UNI) has emerged as a focal point, surging 22.5% to $3.53 following Standard Chartered’s initiation of coverage with a $100 price target by 203
    Jun 17, 2026
  • Bitcoin and Gold Tumble Amid Rising Inflation and Rate Bets

    Bitcoin and Gold Tumble Amid Rising Inflation and Rate Bets

    Bitcoin dropped to a price of $61,233, representing a decline of 3.00% over a 24-hour period and a 6.90% loss for the week.
    Cornell Rachel
    Jun 11, 2026
  • BlackRock and Fidelity Squeeze Rivals in Bitcoin ETF Race

    BlackRock and Fidelity Squeeze Rivals in Bitcoin ETF Race

    BlackRock's iShares Bitcoin Trust (IBIT) and Fidelity's Wise Origin Bitcoin Fund (FBTC) regularly capture over 90% of daily spot bitcoin ETF inflows.
    Martha Grizzard
    Jun 11, 2026

Latest News

Industry

Cryptocurrency

Airdrop

Markets

  • Invesco Files for Tokenized Fund to Back Stablecoin Reserves

    Invesco Files for Tokenized Fund to Back Stablecoin Reserves

    Invesco has officially filed with the U.S. Securities and Exchange Commission (SEC) to launch the Invesco Stablecoin Reserves Onchain Fund, a new vehicle designed to offer stablecoin issuers a compliant way to manage their collateral.
    Martha Grizzard
    Jun 26, 2026
  • Spark and Uniswap Target $4T Market with New FX Infrastructure

    Spark and Uniswap Target $4T Market with New FX Infrastructure

    Uniswap and the decentralized finance protocol Spark have launched a shared liquidity infrastructure designed to function as a foreign-exchange network for the growing number of stablecoin issuers.
    Wayne Ingram
    Jun 26, 2026
  • Ethereum Foundation to Cut Budget by 40% in Major Restructuring

    Ethereum Foundation to Cut Budget by 40% in Major Restructuring

    The Ethereum Foundation (EF) has announced a comprehensive reorganization that includes a 40% reduction in its 2026 budget and a 20% cut to its workforce, signaling a shift toward a leaner, endowment-style operational model for the blockchain ecosystem.
    Wayne Ingram
    Jun 25, 2026
  • Japan Regulators Greenlight Ripple’s RLUSD Stablecoin Launch

    Japan Regulators Greenlight Ripple’s RLUSD Stablecoin Launch

    The Japan Financial Services Agency (JFSA) approved RLUSD under the Payment Services Act.
    Wayne Ingram
    Jun 25, 2026
  • SpaceX Prices Record $75B IPO at $135, Hits $1.8T Valuation

    SpaceX Prices Record $75B IPO at $135, Hits $1.8T Valuation

    SpaceX has officially executed the largest initial public offering in Wall Street history, substantially eclipsing all previous market records.
    Wayne Ingram
    Jun 12, 2026
View more data 
BTCBTC(BTC)
$0
--(Last 24h)
SpotFutures

Top

View more
  1. 1S&P 500 Reclaims 200-Day Moving Average, Bitcoin Gains
  2. 2Trump Softens His Stance on Reciprocal Tariffs, US Stocks and Crypto Markets Rise
  3. 3Vitalik Buterin : The current price of ETH has not been affected by the merger event
  4. 4Vibhu Norby : Solana Spaces store to bring 100K people to Solana per month
  5. 5CZ: compared with the record high nine months ago, the current situation of the industry is much better

Top Gainers

View more
Synapse
SynapseSYN

$0.4366

+39.91%
DeepNode
DeepNodeDN

$0.3916

+35.02%
Act I The AI Prophecy
Act I The AI ProphecyACT

$0.0116

+34.88%
Janction
JanctionJCT

$0.005348

+27.06%
RSK Infrastructure Framework
RSK Infrastructure FrameworkRIF

$0.0708

+22.92%

Top Trending

View more
SkyAI
SkyAISKYAI

$0.1420

-43.14%
Pump fun
Pump funPUMP

$0.001422

+4.64%
Synapse
SynapseSYN

$0.4362

+39.78%
Litecoin
LitecoinLTC

$42.9100

+1.73%
Velvet
VelvetVELVET

$1.9365

+21.41%

Recently added

View more
Nesa
NesaNES

$0.1955

+10.20%
Arcium
ArciumARX

$0.2469

-12.85%
Ambire AdEx
Ambire AdExADX

$0.0545

-0.18%
Re
ReRE

$0.5653

-8.65%
o1 exchange
o1 exchangeO

$0.5001

+19.30%

Learn

View more
  1. 1Crypto Trading Bots: What Are They and How Do They Work?
  2. 2What Are Appchains? How Do Application-Specific Blockchains Work?
  3. 3What Is Chain Abstraction? What Are the Advantages and Challenges?
  4. 4What Are Intent-Based Transactions? How Do They Work?
  5. 5What Are Modular Blockchains? How Do They Scale Networks?
About Us
  • About BitKan
  • Contact Us
  • Announcements
  • VIP Program
  • BitKan Ambassador
  • Institutional Services
Products
  • Spot
  • Futures
  • Crypto Prices
  • Learn
  • News
  • Markets
  • How to Buy Crypto
  • BTC to USD Calculator
  • Reward
Help
  • Help Center
  • Email Us
  • Live Chat
  • Download APP
  • Listing Application
  • Buy Bitcoin
  • Buy Ethereum
  • Buy Dogecoin
  • Buy Altcoins
Terms
  • Terms of Use
  • Privacy Policy
  • Trading Rules
  • Fee
K-Site
English
About Us
+
  • About BitKan
  • Contact Us
  • Announcements
  • VIP Program
  • BitKan Ambassador
  • Institutional Services
Products
+
  • Spot
  • Futures
  • Crypto Prices
  • Learn
  • News
  • Markets
  • How to Buy Crypto
  • BTC to USD Calculator
  • Reward
Help
+
  • Help Center
  • Email Us
  • Live Chat
  • Download APP
  • Listing Application
  • Buy Bitcoin
  • Buy Ethereum
  • Buy Dogecoin
  • Buy Altcoins
Terms
+
  • Terms of Use
  • Privacy Policy
  • Trading Rules
  • Fee
K-Site
+
  • Twitter
  • Facebook
  • Telegram
  • YouTube
  • Instagram
  • Medium
  • Linkedin
@2012-2026 BITKAN.com