RetoSwap Halts Trading After Haveno Exploit Drains 7K XMR
- Trading Suspension Reason: RetoSwap halted trading on May 20 after the Haveno trade protocol was flagged as actively exploited, with early estimates indicating a user fund drain of 7,000 XMR, approximately $2.7 million, highlighting significant security vulnerabilities on the platform.
- Rapid Response Measures: Within two minutes of the incident, RetoSwap swiftly blocked the exploiter's onion address by setting the minimum client version to 2.0.0, demonstrating the team's commitment to user fund security and their ability to respond quickly to threats.
- User Fund Protection Advice: The RetoSwap team advised affected users to back up specific folders promptly for potential recovery plans, reflecting the platform's responsibility towards user asset protection and the seriousness of the incident's aftermath.
- Industry Risk Warning: This incident underscores the pervasive risks to user funds and infrastructure within the crypto industry, with RetoSwap's case emphasizing the vulnerabilities in trading protocol execution and arbitration mechanisms, serving as a cautionary tale for users to exercise greater caution in trading activities.
Get Real-Time Alerts for Any Crypto Movement
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 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 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 | 1798.941 | 1938.085 | 2062.561 | 2201.705 | 2326.181 | 2465.325 | 2589.801 |
| Fibonacci | 1938.085 | 2038.788 | 2101.002 | 2201.705 | 2302.408 | 2364.622 | 2465.325 |
About ETH
About the author









