Goldfinch Finance User deltatiger.eth Loses $330K in Funds Funneled Through Tornado Cash
Goldfinch Finance Exploit: A user of the Ethereum-based DeFi platform Goldfinch Finance lost approximately $330,000 due to an exploit that compromised an older smart contract, allowing the attacker to drain funds from the user's wallet and launder them through Tornado Cash.
Vulnerability Details: The exploit was linked to a flaw in the contract's collectInterestRepayment() function, which permitted unauthorized transfers of USDC, enabling the attacker to inflate share prices and withdraw funds repeatedly.
Recent Defaults and Losses: Goldfinch has faced multiple defaults on loans, including a significant case involving Tugende Kenya, which diverted funds in violation of loan terms, and another default from Lend East, highlighting ongoing financial challenges within the platform.
Wider DeFi Security Concerns: The hack at Goldfinch follows a similar incident at Yearn Finance, where an unlimited minting breach resulted in a loss of approximately $3 million, reflecting a troubling trend of security vulnerabilities and significant financial losses in the DeFi sector.
Get Real-Time Alerts for Any Crypto Movement
Technical Analysis for
Technical Sentiment Analysis for (). As of , () is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 0 technical signals, shows that 0 indicators are flashing buy, while 0 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for 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, 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 $-.
() Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | - | - | - | - | - | - | - |
| Fibonacci | - | - | - | - | - | - | - |
About the author
