Major Vulnerability Discovered in Cosmos Blockchain
- Vulnerability Overview: Security researcher p6rkdoye0n disclosed a critical vulnerability in the Cosmos network that could cause node freezes during block synchronization, affecting over $8 billion in assets; although the CVSS severity rating is 7.1, it does not directly endanger digital assets.
- Disclosure Process: The researcher stated that he chose to go public after relevant parties did not take his security concerns seriously, despite his efforts to follow the Coordinated Vulnerability Disclosure procedure, ultimately emphasizing that all resulting security risks are the provider's responsibility.
- Community Response and Risks: The Cosmos team's initial response claimed the attack was not feasible, and a second report was marked as spam, indicating a lack of responsiveness in the Cosmos ecosystem's security processes, as the researcher attempted to warn about vulnerabilities for over a month.
- Potential Impact: While the vulnerability does not directly lead to asset theft, it could disrupt the reliable operation of the blockchain protocol, with experts warning that operational issues can have cascading effects on network participants' confidence, urging the Cosmos team to take urgent action to maintain network stability.
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Technical Analysis for MAJOR
Technical Sentiment Analysis for Major (MAJOR). As of , Major (MAJOR) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 7 technical signals, shows that 4 indicators are flashing buy, while 3 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 | 0.0141 | 0.0351 | 0.0479 | 0.0689 | 0.0817 | 0.103 | 0.115 |
| Fibonacci | 0.0351 | 0.048 | 0.056 | 0.0689 | 0.0819 | 0.0898 | 0.103 |
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