ZEROBASE Front-End Breached by Hackers
Zerobase Hack Overview: Hackers compromised the front-end interface of the decentralized ZK proving network Zerobase, resulting in over $240,000 in losses for more than 270 users, with one user losing 123,597 USDT.
Method of Attack: The attackers exploited a phishing smart contract on BNB Chain to impersonate Zerobase, tricking users into connecting their wallets and granting spending permissions, allowing funds to be siphoned without further interaction.
Response and Safeguards: Zerobase has implemented automatic safeguards to block deposits and withdrawals for affected wallets, while Binance has blacklisted the malicious contract and alerted users to review their wallet permissions.
Related Security Concerns: The incident follows scrutiny of Binance's response to a previous hack at Upbit, where only a fraction of the stolen funds were frozen, raising concerns about platform security and user protection.
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Technical Analysis for 0G
Technical Sentiment Analysis for 0G (0G). As of , 0G (0G) 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 0G 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, 0G 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 $-.
0G (0G) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.48 | 0.533 | 0.584 | 0.637 | 0.688 | 0.741 | 0.792 |
| Fibonacci | 0.533 | 0.573 | 0.597 | 0.637 | 0.677 | 0.701 | 0.741 |
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