Binance Recovers $6.1M in Crypto After Shocking KiloEx Oracle Hack
Binance's Recovery Efforts: Binance successfully recovered approximately $6.1 million of the $7.5 million stolen from the KiloEx decentralized exchange exploit, thanks to rapid action by its security teams that traced and blocked the hacker's movements.
Impact of the Exploit: The attack highlighted vulnerabilities in decentralized finance systems, particularly regarding Oracle mechanisms, and emphasized the importance of real-time collaboration among industry players to mitigate such threats.
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Technical Analysis for KILO
Technical Sentiment Analysis for KiloEx (KILO) As of , KiloEx (KILO) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 4 technical signals, shows that 1 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for KILO 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, KILO 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 $-.
KiloEx (KILO) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.00717 | 0.00763 | 0.008 | 0.00846 | 0.00883 | 0.00929 | 0.00966 |
| Fibonacci | 0.00763 | 0.00795 | 0.00815 | 0.00846 | 0.00878 | 0.00898 | 0.00929 |
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