Sui Price at the Foothill of a Major Explosion: Is a 100% Rise on the Horizon?

​​Hedera remains under heavy pressure, marking yet another day of decline as traders continue to bet against the altcoin. It trades at $0.18 at press time, noting a 2% price drop over the past 24 hours. 

With its long/short ratio signaling a surge in short interest, market sentiment has turned increasingly pessimistic.

Short Sellers Tighten Grip on HBAR

HBAR’s long/short ratio has dropped to 0.86, its lowest level in a month. This reflects a sharp increase in short positions among derivatives traders. 

The long/short ratio measures the proportion of long positions (bets on price increases) to short positions (bets on price declines) in the market. A ratio below one means there are more short positions than long ones. This indicates that traders are predominantly bearish on HBAR and hints at a higher likelihood of continued downside movement.

Further, HBAR’s negative Chaikin Money Flow (CMF) on the daily chart supports this bearish outlook. This indicator, which measures how money flows into and out of the asset, is below zero at -0.10 when writing. 

HBAR’s negative CMF reading suggests high selling activity, with its sellers dominating the market and looking to push prices lower.

HBAR Traders Brace for Volatility as Price Flirts with Key Support Levels

The growing demand for short positions highlights investors’ expectations of further downside, raising concerns about HBAR’s ability to hold above the critical support level formed at $0.17. 

If it fails to hold, the token’s price could plummet to a multi-month low of $0.11, which it last traded at in November.

However, a resurgence in demand for the altcoin could invalidate this bearish projection. If buyers regain market dominance and increase demand, HBAR could rebound toward $0.22. 

Should HBAR successfully breach this resistance zone, its price could reach $0.26.

The post HBAR Slips Toward Multi-Month Low Amid Rising Short Interest appeared first on BeInCrypto.

Over 18 million US-based cryptocurrency users’ records are reportedly up for sale on the dark web, raising alarms about the security of personal data in the digital asset space. 

The database includes sensitive personal information sourced from more than 20 major cryptocurrency exchanges and platforms.

Dark Web Sale: Crypto Data for $10,000 Exposes Millions

Dark Web Informer reported the leak on April 15, sparking concerns regarding the security of cryptocurrency users in the US.

“A threat actor is allegedly selling a large US-based cryptocurrency user database, sourced from multiple exchanges and platforms,” the post read.

For just $10,000, buyers can access detailed information, including full names, email addresses, phone numbers, and physical addresses. The data, sourced from prominent platforms, could potentially expose millions of users to identity theft and other cybercrimes.

The leaked data reportedly includes around 1.5 million Binance US phone records and 79,743 full records. In addition, 1.8 million records were from Crypto.com, 432,000 from Coinbase, 197,000 from Robinhood, 121,071 from Kraken, 800,000 from Gemini, and 76,710 from CoinMarketCap.

“We want to clarify that there has been no data leak from Binance’s systems. Our security team has been actively monitoring a known hacker on the Dark Web who collects data by compromising browser sessions on infected computers,” Binance told BeInCrypto through an email.

Dark Web Informer shared a screenshot of the alleged sale listing, which also highlighted additional records from Ledger, Bitfinex, Coinmama, BearTax, USA Crypto Legacy, and others. The total dataset spans over 18 million lines of user information.

This report follows another alarming disclosure by Dark Web Informer. The analyst revealed that a separate threat actor was selling crypto investor leads tied to Robinhood accounts across the US and Europe.

The affected countries included the Netherlands, Switzerland, France, Germany, Poland, Spain, and the UK. The listing featured data that was not publicly scraped, suggesting that the information was obtained through unauthorized access or breaches. 

This is not the first time such warnings have surfaced. BeInCrypto previously reported that someone was selling the crypto user database from Ledger, Gemini, and Robinhood. Similarly, last month, the news emerged that over 230,000 combined user records from Binance and Gemini had reportedly been listed for sale on the dark web.

The continuous exposure of crypto users’ personal data stresses the urgent need for heightened security measures within the industry. Investors should enable two-factor authentication, use unique passwords, and remain vigilant against unsolicited communications that may attempt to harvest credentials.

The post Massive Crypto Breach: Over 18 Million US Crypto Users’ Data Listed for Sale on the Dark Web appeared first on BeInCrypto.