CrossCurve Cross-Chain Bridge Attacked, $3 Million Stolen
- Attack Announcement: CrossCurve reported that its cross-chain bridge was attacked, with an estimated loss of around $3 million across multiple networks, highlighting significant security vulnerabilities that could undermine user trust in the protocol.
- Smart Contract Vulnerability: The attacker exploited a flaw in CrossCurve's smart contract, allowing them to spoof messages to bypass validation and unlock tokens, revealing critical design weaknesses that could expose more user funds to risk.
- Interaction Suspension Advisory: CrossCurve urged users to pause all interactions with its platform, indicating that an investigation is underway; this move aims to protect user assets and prevent further losses, reflecting the company's commitment to security issues.
- Partner Warning: Curve Finance advised its users to review their investments in CrossCurve pools and consider withdrawing votes, demonstrating the heightened concern from partners regarding the incident, which may impact their own user trust and capital flow.
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Technical Analysis for X
Technical Sentiment Analysis for X Empire (X) As of , X Empire (X) 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 X 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, X 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 $-.
X Empire (X) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.00000595 | 0.00000891 | 0.0000115 | 0.0000145 | 0.0000171 | 0.00002 | 0.0000226 |
| Fibonacci | 0.00000891 | 0.000011 | 0.0000123 | 0.0000145 | 0.0000166 | 0.0000179 | 0.00002 |
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