$282M Lost in Crypto Scam Using THORChain & XMR Swap
- Massive Loss: According to blockchain investigator @zachxbt, over $282 million in Bitcoin (BTC) and Litecoin (LTC) was stolen in one of the largest personal crypto thefts to date, severely impacting confidence within the crypto community.
- Complex Laundering Tactics: The attacker converted stolen assets into privacy coin Monero (XMR) and utilized THORChain for cross-chain swaps, successfully evading traditional Know-Your-Customer (KYC) processes, making recovery and tracing of funds extremely difficult.
- Market Impact: The significant volume of purchases triggered a sharp spike in XMR's price, reflecting a sudden increase in market demand for privacy coins, while also exposing vulnerabilities in the security of the cryptocurrency market.
- Security Warning: This incident serves as a reminder to crypto holders that even hardware wallets are not foolproof against phishing and social engineering attacks, urging users to enhance security awareness by avoiding sharing seed phrases and ensuring secure backups.
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Technical Analysis for MAJOR
Technical Sentiment Analysis for Major (MAJOR) As of , Major (MAJOR) is exhibiting a Strong sell technical sentiment. Our proprietary analysis, which aggregates 4 technical signals, shows that 0 indicators are flashing buy, while 4 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for MAJOR stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, MAJOR is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Major (MAJOR) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.0609 | 0.0686 | 0.0777 | 0.0855 | 0.0946 | 0.102 | 0.111 |
| Fibonacci | 0.0686 | 0.0751 | 0.079 | 0.0855 | 0.0919 | 0.0959 | 0.102 |
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