Cross-Chain Bridge Attacks Result in $329M Losses
- Loss Overview: PeckShield reports that cross-chain bridge attacks resulted in $329 million in cryptocurrency losses from February to May 2026, highlighting persistent vulnerabilities in the infrastructure connecting different blockchain networks, which impacts the overall stability of the DeFi ecosystem.
- Frequency and Impact: During this period, bridge attacks emerged as the primary source of losses, reflecting structural weaknesses across multiple projects, particularly with security incidents at IoTeX and Opulous, which heightened user concerns about transferring assets across chains.
- Security Warning: Cross-chain bridges often hold large pools of concentrated liquidity, allowing attackers to drain tens of millions of dollars in a single transaction, making these high-value targets a preferred choice for attackers and prompting projects to reassess their security architectures.
- Industry Response and Future Outlook: As bridge attacks become more frequent, an increasing number of projects are reducing support for cross-chain bridges to address the security burden of maintaining infrastructure across multiple networks, a trend that may affect liquidity and growth potential within the DeFi ecosystem.
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Technical Analysis for DEFI
Technical Sentiment Analysis for DeFi (DEFI). As of , DeFi (DEFI) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 5 technical signals, shows that 2 indicators are flashing buy, while 3 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 crypto.
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 | 0.000218 | 0.000223 | 0.000228 | 0.000233 | 0.000239 | 0.000244 | 0.000249 |
| Fibonacci | 0.000223 | 0.000227 | 0.000229 | 0.000233 | 0.000237 | 0.00024 | 0.000244 |
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