Crypto Sector Sees 60% Drop in Security Breaches to $76 Million in December
- Significant Drop in Breaches: According to PeckShield, the crypto industry experienced a 60% decrease in losses from hacks and exploits in December, totaling approximately $76 million compared to $194.2 million in November, indicating progress in cybersecurity but highlighting the need for ongoing vigilance against evolving threats.
- Major Attack Incidents: December saw 26 major security incidents, including a $50 million address poisoning scam where attackers tricked victims into sending funds to fraudulent addresses, underscoring the critical importance of verifying addresses before transactions.
- Private Key Leak Incident: A notable $27.3 million theft from a multi-signature wallet due to a private key leak further emphasizes the necessity of using hardware wallets, which significantly reduce exposure to online threats and enhance asset protection.
- Ongoing Security Alerts: Despite the reduction in losses, experts continue to advise users to adopt stringent security measures, such as thoroughly verifying wallet addresses rather than relying solely on transaction history, to combat increasingly sophisticated scams and safeguard assets in the dynamic crypto landscape.
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Technical Analysis for FLOW
Technical Sentiment Analysis for Flow (FLOW) As of , Flow (FLOW) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 6 technical signals, shows that 2 indicators are flashing buy, while 4 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for FLOW 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, FLOW 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 $-.
Flow (FLOW) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.00307 | 0.0194 | 0.0342 | 0.0505 | 0.0653 | 0.0817 | 0.0965 |
| Fibonacci | 0.0194 | 0.0313 | 0.0386 | 0.0505 | 0.0624 | 0.0698 | 0.0817 |
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