Trader Suffers Almost $50 Million Loss in One of the Biggest Address Poisoning Attacks Ever Recorded
Major Loss from Address Poisoning Attack: A cryptocurrency trader lost nearly $50 million due to an address poisoning attack, which involved the manipulation of wallet addresses, highlighting vulnerabilities even experienced users face.
Attack Methodology: The attacker created a fraudulent wallet address that mimicked a legitimate one, tricking the victim into copying it from their transaction history, leading to the massive loss when the trader sent a large transfer.
Efforts to Recover Funds: The victim offered a $1 million bounty for the return of the stolen assets and threatened legal action if the attacker did not comply, but no response has been received, and the funds remain unrecovered.
Preventive Measures Against Address Poisoning: Security experts recommend verifying entire wallet addresses, using address books, treating unexpected transactions as suspicious, and considering hardware wallets to enhance security against such attacks.
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Technical Analysis for TREAT
Technical Sentiment Analysis for Shiba Inu TREAT (TREAT) As of , Shiba Inu TREAT (TREAT) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 0 technical signals, shows that 0 indicators are flashing buy, while 0 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for TREAT 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, TREAT 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 $-.
Shiba Inu TREAT (TREAT) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | - | - | - | - | - | - | - |
| Fibonacci | - | - | - | - | - | - | - |
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