So ever since this new patch came out yesterday, 2/24/15, i have been getting the code Wasp. This happens every time i try to play the game. It starts with a 76 Mb download and then kicks me off giving me this error. I've tried resetting my internet, switching to a wired connection, clearing my system's cache, and even uninstalling the game but no luck from any of these. I went onto the youtubes and found this video explaining that it might be because destiny is running off of peer to peer connections, which is mostly used for torrenting.
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It was server side, not an update. This is on your side, and unfortunately, this has never happened to me so I can't tell you what to do.