💥 HBAR price nears breakout as inverse head and shoulders pattern forms
HBAR price is consolidating below key resistance as an inverse head and shoulders pattern develops, signaling a potential bullish breakout if the neckline resistance is cleared with volume.
HBAR ($HBAR ) price action is showing increasingly constructive behavior as the market builds a classic bullish reversal structure on the higher timeframes. After an extended corrective phase, price has stabilized and begun forming an inverse head and shoulders pattern, a formation often associated with trend reversals when confirmed
Blockchain lending platform Figure Technology confirms customer data leak
Mars Finance reports that the blockchain lending platform Figure has confirmed a customer data breach incident. Figure stated that after an employee was targeted by a social engineering attack, some customers’ personal information was leaked. Figure is working with cybersecurity experts to investigate the scope of the incident and has taken measures to strengthen system security. Figure advises affected customers to stay vigilant and monitor their accounts for any unusual activity. The hacker group ShinyHunters claimed responsibility for the incident, stating that Figure refused to pay the ransom and released 2.5 GB of stolen data.