ZetaChain Attack Halts Cross-Chain Transactions: Urgent Security Update
- Incident Overview: On April 27, 2025, ZetaChain confirmed an attack on its GatewayEVM contract, swiftly blocking the attack vector to protect user assets and prevent potential financial losses, highlighting vulnerabilities in cross-chain technology.
- Suspension of Cross-Chain Transactions: Following the attack, ZetaChain suspended all cross-chain transactions; while user assets remained unaffected, this decision caused delays for users attempting to transfer assets between chains, impacting user experience and trust.
- Security Risk Warning: The attack underscores the security risks associated with cross-chain bridges, with historical incidents like the Ronin and Wormhole bridges suffering losses exceeding $900 million, prompting developers to prioritize security audits and bug bounty programs.
- Commitment to Future Transparency: ZetaChain has pledged to release a detailed post-mortem report after the investigation, aiming to enhance transparency and rebuild user trust, while emphasizing the importance of rapid response and open communication in security incidents.
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Technical Analysis for ZETA
Technical Sentiment Analysis for ZetaChain (ZETA). As of , ZetaChain (ZETA) is exhibiting a Strong buy technical sentiment. Our proprietary analysis, which aggregates 6 technical signals, shows that 5 indicators are flashing buy, while 1 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for ZETA 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, ZETA 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 $-.
ZetaChain (ZETA) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.0432 | 0.0476 | 0.0515 | 0.0559 | 0.0598 | 0.0642 | 0.0681 |
| Fibonacci | 0.0476 | 0.0507 | 0.0527 | 0.0559 | 0.059 | 0.061 | 0.0642 |
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