Operation Atlantic Freezes $12 Million in Cryptocurrency Fraud
- International Joint Operation: The Operation Atlantic, involving law enforcement from the UK, US, and Canada, successfully froze over $12 million in suspected criminal proceeds, demonstrating the significance of international cooperation in combating cryptocurrency fraud.
- Victim Identification: The operation identified over 20,000 victims with more than $45 million in fraud losses, highlighting the prevalence of approval phishing scams and their threat to user assets.
- Binance's Support: Binance provided on-the-ground intelligence and screening support during the operation, assisting in identifying accounts linked to scam addresses in real time, although no funds were frozen on its platform, enhancing its responsiveness to fraudulent activities.
- Scam Techniques Revealed: Investigators uncovered that scammers used fake pop-ups and alerts to trick users into approving access to their crypto wallets, leading to asset theft, underscoring the importance of public awareness and education on such threats.
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Technical Analysis for DEFI
Technical Sentiment Analysis for DeFi (DEFI). As of , DeFi (DEFI) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 4 technical signals, shows that 2 indicators are flashing buy, while 2 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for DEFI 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, DEFI 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 $-.
DeFi (DEFI) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.000182 | 0.000233 | 0.000277 | 0.000328 | 0.000372 | 0.000423 | 0.000467 |
| Fibonacci | 0.000233 | 0.000269 | 0.000291 | 0.000328 | 0.000364 | 0.000386 | 0.000423 |
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