Web3 Projects Suffer $464.5 Million Losses in Q1 2026
- Hack Losses: In Q1 2026, Web3 projects lost $464.5 million to hacks and scams, with phishing and social engineering attacks accounting for $306 million, highlighting the urgent need for enhanced cybersecurity measures across the industry.
- Single Event Impact: A single $282 million hardware wallet scam in January represented 81% of the total quarterly losses, indicating the significant impact of large-scale scams and prompting regulators to tighten security monitoring requirements.
- Smart Contract Vulnerabilities: Smart contract exploits resulted in $86.2 million in losses, with access control failures contributing an additional $71.9 million, underscoring the critical risks in operational layers that traditional audits often overlook, necessitating a reassessment of security strategies.
- Regulatory Environment Shift: As the EU's MiCA and DORA regulations move into active enforcement, global regulators are raising expectations for security monitoring and incident response, compelling companies to adapt to avoid hefty fines and legal risks.
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Technical Analysis for U
Technical Sentiment Analysis for Union (U). As of , Union (U) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 3 technical signals, shows that 2 indicators are flashing buy, while 1 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for U 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, U 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 $-.
Union (U) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.999 | 0.999 | 0.999 | 1 | 1 | 1.001 | 1.001 |
| Fibonacci | 0.999 | 0.999 | 0.999 | 1 | 1 | 1 | 1.001 |
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