French Crypto Tax Platform Waltio Suffers Data Breach Affecting 50,000 Users
- Data Breach Incident: French cryptocurrency tax platform Waltio experienced a sophisticated cyberattack on January 21, compromising approximately 50,000 users' emails and 2024 tax report data, which poses significant risks of social engineering attacks against affected individuals.
- Attack Methodology: CEO Pierre Morizot described the breach as a 'particularly sophisticated attack' and reported the incident to the Paris Public Prosecutor's cybercrime division, indicating the company's commitment to cybersecurity and vigilance against future threats.
- User Risk Warning: Although hackers did not access passwords or other sensitive credentials, Morizot cautioned that attackers could exploit tax report details for impersonation, increasing the risk of social engineering attacks that could lead to broader financial losses for users.
- Violent Crime Connection: The data breach positions French residents holding taxable cryptocurrency as high-value targets, and in light of recent violent 'wrench attacks' in France, it highlights the dangerous intersection of cybercrime and physical violence, exacerbating user security concerns.
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Technical Analysis for FORM
Technical Sentiment Analysis for Formation Fi (FORM) As of , Formation Fi (FORM) is exhibiting a Buy technical sentiment. Our proprietary analysis, which aggregates 8 technical signals, shows that 5 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for FORM 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, FORM 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 $-.
Formation Fi (FORM) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.0768 | 0.135 | 0.185 | 0.243 | 0.293 | 0.351 | 0.401 |
| Fibonacci | 0.135 | 0.177 | 0.202 | 0.243 | 0.285 | 0.31 | 0.351 |
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