Dark Web Motions: Investigating Major Crypto Heists
- Crypto Heist Overview: Two significant crypto heists earlier this year involved the theft of $292 million from the KelpDAO bridge and a private key theft at Humanity Protocol, highlighting vulnerabilities and complexities in cross-network transactions.
- Money Laundering Tactics: Analysis indicates that the suspect from the Humanity Protocol attack directed 15,403 ETH (approximately $23.6 million) into a newly created Ethereum account, which was then mixed with funds from the KelpDAO hack, suggesting a possible unified money laundering scheme.
- Attack Methodology Analysis: In the KelpDAO breach, cybercriminals exploited RPC nodes from LayerZero Labs and executed a DDoS attack, successfully bypassing the Ethereum bridge contract to illicitly release substantial amounts of rsETH, severely impacting market prices.
- Asset Recovery Challenges: The Arbitrum Security Council swiftly seized over 30,000 ETH, yet legal and governance challenges complicate the asset recovery process, underscoring the difficulties in navigating justice amid cybersecurity threats.
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Technical Analysis for MAJOR
Technical Sentiment Analysis for Major (MAJOR). As of , Major (MAJOR) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 6 technical signals, shows that 2 indicators are flashing buy, while 4 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for MAJOR 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, MAJOR 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 $-.
Major (MAJOR) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.0272 | 0.0296 | 0.0319 | 0.0343 | 0.0366 | 0.039 | 0.0413 |
| Fibonacci | 0.0296 | 0.0314 | 0.0325 | 0.0343 | 0.0361 | 0.0372 | 0.039 |
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