Trust Wallet Urges Users to Upgrade After $7M Security Incident
- Incident Overview: Trust Wallet confirmed a security incident affecting its Browser Extension version 2.68, with approximately $7 million in assets at risk, highlighting the critical importance of keeping software updated to mitigate potential threats.
- User Remediation Steps: The company acted swiftly, promising full refunds to affected users and advising them to disable the compromised extension immediately to safeguard their assets, aiming to restore user confidence and prevent further losses.
- Security Achievements Highlighted: Trust Wallet reported successfully preventing over $190 million from being sent to scam wallets this year and recovering more than $600,000 in user funds, demonstrating its commitment and capability in protecting user assets.
- Risk Warnings Issued: The company cautioned users against engaging with messages from unofficial channels to avoid scams, underscoring the importance of vigilance when interacting with digital assets.
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Technical Analysis for ALT
Technical Sentiment Analysis for Altlayer (ALT) As of , Altlayer (ALT) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 3 technical signals, shows that 0 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for ALT 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, ALT 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 $-.
Altlayer (ALT) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.00306 | 0.00498 | 0.00691 | 0.00883 | 0.0108 | 0.0127 | 0.0146 |
| Fibonacci | 0.00498 | 0.00645 | 0.00736 | 0.00883 | 0.0103 | 0.0112 | 0.0127 |
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