Markets· ★★· bearish·

STX Falls 4.19% as Arkadiko Governance Incident Weighs on Sentiment

  • —STX trades at $0.2907, below its 7-, 15- and 30-day SMAs
  • —RSI at 36.8 and bearish MACD show no reversal confirmation
  • —Volume of $21.77 million is 35.76% below the 30-day average
  • —Token is down 27.99% over 14 days and 11.62% over seven days
Why it matters: The Arkadiko governance incident could erode trust in Stacks ecosystem apps; STX needs to reclaim $0.3036 to signal recovery.
#STX
Source: DiarioBitcoin
More on this
Security · yesterday
Flash-loan governance attacks on X100 and Arkadiko cost about $6M
 Security · Oct 23
Arkadiko governance attack drains most vault collateral on Stacks, USDA depegs
 Markets · Oct 17
NEAR Falls 5.03% to $4.91 as NEAR Intents Exploit Weighs on Sentiment