New Vulnerability in Cosmos Blockchain Raises Concerns
- Vulnerability Severity: A newly discovered flaw in the Cosmos blockchain ecosystem, disclosed by security researcher p6rkdoye0n, has a severity rating of 7.1, which, while not directly threatening digital assets, could lead to node freezes during block synchronization, impacting the security of over $8 billion in assets.
- Inadequate Response: The Cosmos team's lack of cooperation in addressing the flaw forced the researcher to publicly disclose the information, highlighting deficiencies in the ecosystem's Coordinated Vulnerability Disclosure (CVD) process, which could undermine community trust.
- Operational Risk Warning: Validator operators are advised against restarting their nodes during this period, as block synchronization could expose them to malicious peers, potentially freezing the node and disconnecting it from the network, thereby exacerbating operational risks.
- Security Protocol Scrutiny: Initial reports were dismissed, raising questions about Cosmos's security protocols, and emphasizing the need for enhanced transparency and quicker responses to maintain community confidence in the long-term viability of the Cosmos ecosystem.
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Technical Analysis for DRIFT
Technical Sentiment Analysis for Drift (DRIFT). As of , Drift (DRIFT) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 5 technical signals, shows that 1 indicators are flashing buy, while 4 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for DRIFT 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, DRIFT 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 $-.
Drift (DRIFT) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.00154 | 0.0178 | 0.0287 | 0.045 | 0.0559 | 0.0722 | 0.0831 |
| Fibonacci | 0.0178 | 0.0282 | 0.0346 | 0.045 | 0.0554 | 0.0618 | 0.0722 |
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