Gnosis Chain Executes Hard Fork to Recover $9.4 Million in Frozen Funds
- Fund Recovery Action: Gnosis Chain successfully executed a hard fork on December 22, 2025, recovering approximately $9.4 million in funds frozen due to the November 2025 Balancer V2 exploit, thereby ensuring user fund security and enhancing user trust.
- Governance Controversy: The hard fork sparked intense community debate over blockchain immutability and governance authority, with some members arguing that this move could impact future governance frameworks, emphasizing the need for strict rules to prevent misuse.
- Technical Rescue Mission: Philippe Schommers, head of infrastructure at Gnosis Chain, stated that the hard fork was aimed at ensuring user fund recovery before Christmas, and despite governance challenges, the team remains committed to protecting user interests.
- Sense of Security Responsibility: Some community members believe this action reflects Gnosis Chain's commitment to security and user accountability, although concerns about future interventions persist, prompting calls for a clearer governance framework to uphold the core values of blockchain.
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Technical Analysis for DEFI
Technical Sentiment Analysis for DeFi (DEFI) As of , DeFi (DEFI) 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 DEFI 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, DEFI 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 $-.
DeFi (DEFI) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.000197 | 0.000246 | 0.000294 | 0.000343 | 0.000391 | 0.00044 | 0.000488 |
| Fibonacci | 0.000246 | 0.000283 | 0.000306 | 0.000343 | 0.00038 | 0.000403 | 0.00044 |
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