Investigation Links KelpDAO and Humanity Protocol Hacks to North Korea
- Hacker Attack Connection: The $292 million KelpDAO bridge exploit in April and the June Humanity Protocol private key theft are suspected to be linked to the North Korean Lazarus group, indicating a potential connection between the two incidents.
- Funds Movement Pattern: Blockchain analyst Specter reports that the attacker moved 15,403 ETH (approximately $23.6 million) from the Humanity Protocol to a new Ethereum address, mixing it with proceeds from the KelpDAO exploit, which reflects a typical laundering pipeline technique used by the Lazarus group.
- Legal Complications: Plaintiffs currently hold over $877 million in unpaid U.S. court judgments against North Korea and have served a restraining notice to the Arbitrum DAO, seeking to seize approximately 30,766 ETH (about $71 million) of frozen funds, complicating recovery efforts further.
- Governance Proposal Progress: Arbitrum has proposed a governance initiative to transfer the frozen funds to a recovery plan backed by Aave Labs and KelpDAO, with the court approving the proposal, indicating an intention to compensate affected users, although the confirmation of North Korea's involvement may lead to further litigation.
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Technical Analysis for ETH
Technical Sentiment Analysis for Ethereum (ETH). As of , Ethereum (ETH) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 6 technical signals, shows that 3 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for ETH 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, ETH 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 $-.
Ethereum (ETH) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 1254.891 | 1383.445 | 1522.791 | 1651.345 | 1790.691 | 1919.245 | 2058.591 |
| Fibonacci | 1383.445 | 1485.783 | 1549.008 | 1651.345 | 1753.683 | 1816.908 | 1919.245 |
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