Aerodrome Breached: Significant DNS Assault on Base's Top DEX
DNS Hijacking Incident: Aerodrome Finance, Base's largest decentralized exchange, suffered a DNS hijacking that compromised its frontend and put user funds at risk, although the smart contracts remained secure.
Financial Impact: The attack resulted in over $1 million stolen, with malicious requests targeting various assets, leading to significant losses for users despite the team's rapid response and security measures.
Security Measures Taken: The Aerodrome team quickly investigated the incident, issued warnings, and redirected users to decentralized ENS mirrors, while implementing an emergency lockdown to mitigate further risks.
Broader Implications: This incident highlights systemic vulnerabilities in DeFi infrastructure, prompting discussions on potential regulatory responses and the need for enhanced security measures to protect user assets.
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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 | 0.597 |
| Fibonacci | 0.197 | 0.258 | 0.296 | 0.357 | 0.417 | 0.455 | 0.516 |
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