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Here is the proper way of drawing trend lines, it has to follow the higher low and higher highs pattern, Don’t just draw lines in between candle sticks. When you draw clean lines, it gives you a better view of the trend and what could possibly happen.
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With what happened recently, we just want to remind everyone that crypto is 100% risky and anybody can get hacked and drained at anytime. We saw bybit hacked and a few hours ago, we saw Cetus Hacked of about $160M. Stay Safe
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A lot of people won’t tell you this, but please, always make sure you are using the updated version of the Binance App. This is something a lot of people take for granted. Go to your App Store or Play Store and Update your Binance Mobile App. There is a reason behind the new update, get it.
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A lot of people won’t tell you this, but please, always make sure you are using the updated version of the Binance App. This is something a lot of people take for granted. Go to your App Store or Play Store and Update your Binance Mobile App. There is a reason behind the new update, get it.
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BREAKING 🚨 Massive Exploit on Sui Blockchain Incident Overview → Cetus Protocol, the primary Liquidity Pool (LP) provider on SUI, has suffered a significant exploit. → Exploiter gained full control over SUI-denominated liquidity pools, resulting in widespread draining of funds. Financial Impact → Initial reports suggest allegedly over $200M in liquidity has been compromised. → Exploiter actively bridging USDC off-chain in ~$1M batches. → SUI/USDC pool alone drained for approximately $11M. → Tokens paired with SUI severely impacted, prices collapsing by 70-90%. Affected Tokens & Trading → Majority of memecoins and tokens paired with SUI severely down (70%-90%). → Decentralized Exchange (DEX) swaps compromised, trades failing due to drained liquidity pools. → Users unable to buy dips or sell positions on affected pairs. Market Reaction → Severe panic and confusion among holders due to inability to manage positions. → Prices on Centralized Exchanges (CEX) remain comparatively stable versus DEX markets. Current Situation → Awaiting official Cetus Protocol response, no formal acknowledgment or mitigation measures announced yet. → Situation remains highly volatile and ongoing. → Caution strongly advised, avoid interacting with SUI blockchain tokens until official clarity and communications emerge. Source: Abhi
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