SagaEVM Chain Suffers Security Exploit, Nearly $7 Million Lost
- Security Incident: Layer 1 protocol Saga experienced a security exploit on its SagaEVM chain, resulting in nearly $7 million in losses, prompting the project to pause the network to assess the impact of the vulnerability and enhance system security.
- Attack Details: The attacker minted Saga Dollar (D) tokens without collateral, bridged the assets to Ethereum, converting much of it into over 2,000 ETH valued at over $6 million, with an additional $800,000 deployed into Uniswap V4 liquidity positions.
- Network Suspension: Saga halted the SagaEVM chain immediately upon identifying the incident on January 21, emphasizing that while this decision disrupts users, protecting community funds and the protocol's integrity is the top priority.
- Tracking and Recovery Efforts: Saga has identified the wallet that received the stolen assets and is coordinating with exchanges and bridge operators to blacklist the attacker's address, aiming to limit the movement of stolen funds and support potential recovery measures.
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Technical Analysis for UNI
Technical Sentiment Analysis for Uniswap (UNI) As of , Uniswap (UNI) 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 UNI 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, UNI 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 $-.
Uniswap (UNI) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 1.44 | 2.142 | 2.902 | 3.604 | 4.364 | 5.066 | 5.826 |
| Fibonacci | 2.142 | 2.701 | 3.046 | 3.604 | 4.163 | 4.508 | 5.066 |
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