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A recent on-chain investigation indicates a hacker plundered $29 million worth of the Solana (SOL) rival Sui (SUI) from a single victim last month. The on-chain sleuth ZachXBT uncovered the hack, which he notes occurred on December 12th. “The stolen funds were bridged from Sui to Ethereum via Bridgers and then deposited to Tornado Cash in batches… The victim transferred their .sui domains to a new uncompromised address shortly after the theft. Current limitations with Sui block explorers and Sui analytics tools make the theft difficult to trace.” Tornado Cash is an Ethereum (ETH)-based coin mixing system that helps users conceal their digital assets. The US sanctioned the controversial project in 2022 for national security purposes. Losses from crypto hacks and scams surged in 2024, according to the blockchain security firm PeckShield. The firm said earlier this month that the total value loss in the crypto sector last year exceeded $3.01 bill...

A crypto strategist who continues to build a following with timely altcoin calls believes that one memecoin is poised to witness a big burst to the upside. Pseudonymous analyst Bluntz tells his 289,900 followers on the social media platform X that he thinks the Solana (SOL)-based meme token dogwifhat (WIF) looks ready to ignite huge rallies. Bluntz says that dogwifhat is flashing multiple bullish signals against Solana (WIF/SOL), indicating that the memecoin is gearing up for a big reversal. “SOL is leading the market right now and WIF/SOL is bottoming out. A huge five down on the four-hour [chart] and diverging heavily. With SOL looking insanely bullish, I think WIF is about to go mental. My bags are packed.”  Source: Bluntz/X Bluntz practices the Elliott Wave theory, which states that an asset’s trend tends to end after a five-wave move. Based on the trader’s chart, he seems to suggest that WIF/SOL has completed a five-wave correctio...

The cryptocurrency market has rebounded from a widespread sell-off that led to significant losses. Bitcoin has climbed above $61,000, having found support at the $60,000 zone. Some of the best altcoins have also displayed upward momentum, reigniting investors’ interest in the crypto market. This analysis presents a curated list of altcoins with unique strengths and potential. These tokens have gained considerable attention due to their remarkable performance and innovative utilities. We identify the factors differentiating these tokens by evaluating their recent price movements, technological advancements, and market trends.  5 Best Altcoin To Invest In Now Amid market turbulence, a few tokens stand out and capture investor attention. Toncoin is gaining traction with its unique Proof of Stake (PoS) consensus mechanism, driving its price upward despite broader market challenges. At the same time, Sui is making an impact by providing a secure, scalable, and efficient framew...

SUI, the native token of the Sui blockchain, has experienced a significant rise of over 330% in the past two months, earning praise from Cardano founder Charles Hoskinson for the success of the Sui team. This rally marks SUI’s second-largest bull run, and market analysts predict it could climb an additional 162%, potentially reaching $4.56. While Bitcoin has seen strong gains, 42 other cryptocurrencies have outperformed it this year, with meme coins leading the way. According to data from Lookonchain, eight of the top ten highest-performing tokens are meme coins, many of which are built on Ethereum. Hence, This article curates the most trending cryptocurrencies on Ethereum. Most Trending Cryptocurrencies on Ethereum Bitcoin Cat (SASHA) is currently valued at $0.000427, with a market cap of $445.77K. Komari (KOMA) is trading at $0.00355, holding a market capitalization of $333.99K and a 24-hour trading volume of $1.09M.  Generational Wealth (IGW) is priced at $0.000001, bo...

An anonymous cryptocurrency trader turned a $368 initial purchase into $2 million of unrealized gains in just three days. Commentators on X speculate on a possible insider trading activity, although nothing is confirmed. In particular, the trade occurred with the meme coin HIPPO on the Sui network against its native token, SUI. According to a Lookonchain report on October 2, the “guy” made approximately $2 million in three days. First, on September 28, the anonymous trader spent $368 worth of 198 SUI to buy 253.5 million of HIPPO. The “guy” then sold 119.6 million HIPPO for $325,000 worth of 175,000 SUI, partially realizing his gains. Picks for you Here is how much the value of X has fallen since Elon Musk bought it 1 hour ago ...

Although cryptocurrency prices have been falling for a while, the overall feeling in the market remains positive. Recently, Bitcoin (BTC) has risen to $60,000, and Ethereum (ETH) is striving to stabilize above $2,400, providing some relief to investors. However, identifying the next cryptocurrencies to explode is challenging as most funds are attracted to pumping assets. Today’s article explores the performance of cryptocurrencies that have dominated the gainers list in the last 24 hours. The objective is to identify coins with some potential and inform investors and traders about each token.  Next Cryptocurrency To Explode Today’s article discusses the performance of potentially explosive cryptos that investors should add to their watchlist. It also includes a special mention of Memebet Token. This new Telegram-based betting platform allows users to bet using meme coins for the first time, generating excitement among crypto enthusiasts. The details of its presale a...

Crypto giant Grayscale is launching new trusts for machine learning marketplace Bittensor (TAO) and smart contract platform Sui Network (SUI). In a new press release, the world’s largest crypto asset manager says it’s launching the new products due to growing consumer demand for diversification. “Grayscale Bittensor Trust is solely invested in TAO, the token underpinning the Bittensor protocol, which leverages tokens to incentivize the development of open-source AI. Grayscale Sui Trust is focused solely on investing in SUI, the token underpinning the Sui protocol, a high-performance layer-1 smart contract blockchain designed to enable globally scalable decentralized applications.” According to the press release, the trusts will function the same as other single-investment trusts offered by the firm and are among the first products to solely invest in the TAO and SUI tokens. As stated by Rayhaneh Sharif-Askary, Grayscale’s head of p...