Kraken Refuses Ransom Payment After Extortion Attempt
- Internal Security Incident: Kraken is facing extortion from a criminal organization that obtained internal operation videos; although no system compromise occurred, approximately 2,000 user accounts may have been accessed during two incidents in February 2025 and recently, highlighting serious internal security risks.
- Customer Asset Security: Chief Security Officer Nick Percoco confirmed that despite the video threats, customer assets remain secure, as Kraken swiftly identified and terminated unauthorized access, demonstrating its strong commitment to customer safety and response capabilities.
- Federal Investigation Collaboration: Kraken has engaged federal law enforcement to investigate the criminal organization and has successfully neutralized one extortion scheme, showcasing its proactive measures against cybercrime and industry collaboration.
- Industry Security Challenges: With the rise in cryptocurrency security incidents, Kraken faces escalating internal security risks, particularly from the North Korean-linked Lazarus Group infiltration, emphasizing the importance of strengthening defenses and protecting customers.
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Technical Analysis for X
Technical Sentiment Analysis for X Empire (X). As of , X Empire (X) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 3 technical signals, shows that 1 indicators are flashing buy, while 2 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for X 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, X 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 $-.
X Empire (X) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.00000935 | 0.0000105 | 0.0000114 | 0.0000126 | 0.0000135 | 0.0000146 | 0.0000156 |
| Fibonacci | 0.0000105 | 0.0000113 | 0.0000118 | 0.0000126 | 0.0000134 | 0.0000138 | 0.0000146 |
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