DNS Hijacking Poses Risk to Aerodrome Exchange Users
Incident Overview: Aerodrome Finance, a decentralized exchange on the Base platform, experienced a DNS hijack that redirected users to phishing sites, raising concerns about security in digital finance.
Cause of the Breach: The attack exploited Aerodrome’s centralized domains, but the exchange assured users that their smart contracts and liquidity pools remained secure, urging them to switch to decentralized domain alternatives.
Response and Investigation: Aerodrome is collaborating with their domain provider to investigate the attack and has communicated the importance of user vigilance and security measures through updates on social media.
User Implications: The incident highlights the risks of front-end attacks in decentralized finance, emphasizing the need for users to stay informed about security practices to protect against phishing scams and unauthorized access.
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Technical Analysis for AERO
Technical Sentiment Analysis for Aerodrome Finance (AERO) As of , Aerodrome Finance (AERO) 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 AERO 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, AERO 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 $-.
Aerodrome Finance (AERO) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.119 | 0.197 | 0.279 | 0.357 | 0.438 | 0.516 | 0.598 |
| Fibonacci | 0.197 | 0.258 | 0.296 | 0.357 | 0.417 | 0.455 | 0.516 |
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