7 Jul 2025, 14:25

Coinbase Hacker’s $12.5M DAI to ETH Swap Highlights Ongoing Crypto Security Challenges

The recent $12.5 million DAI to ETH swap by a Coinbase hacker underscores ongoing challenges in crypto security and highlights strategic fund management by cybercriminals. This transaction reveals the hacker’s

7 Jul 2025, 14:20

Sushiswap Leaves Users Guessing With Latest Announcement About “Big Things to Come”

Sushiswap has teased that “Big things are coming this week” in an attempt to revive the project The announcement comes after the SUSHI token has crashed by over 78% since its high in December 2024 The project’s daily trading volume has also collapsed from over $860 million to just $21 million The multichain decentralized exchange (DEX) aggregator Sushiswap has stirred users’ attention after posting a cryptic message to its community on the X social media platform, teasing that “Big things are coming this week.” gm. Big things are coming this week. Like… really big. — Sushi.com (@SushiSwap) July 7, 2025 The latest post triggered responses from several Sushiswap followers on X, with almost every respondent asking for more details from the DEX aggregator. It has also rekindled users’ awareness of the blockchain solution, which dropped significantly over the past few years, with a significant impact on the project’s native token, SUSHI. A Look at the Numbers: The Steep Climb Ahead It is crucial to note that SUSHI has experienced a massive decline since the beginning of 2025. The cryptocurrency’s price crashed from $2.795 in December last year an… The post Sushiswap Leaves Users Guessing With Latest Announcement About “Big Things to Come” appeared first on Coin Edition .

7 Jul 2025, 14:17

Floki price rises as exchange reserves tumbles, social dominance surges

Floki price has rebounded in the past few days, reaching its highest level in almost a month as its social sentiment score improved and exchange reserves dipped. Floki ( FLOKI ), one of the biggest meme coins in the cryptocurrency industry, rose to a high of $0.000089, up by over 45% from its lowest level in June. The rebound happened in a high-volume environment, with its 24-hour volume jumping by 83% to $211 million. The Floki token’s jump coincided with a big increase in its social volume. Santiment data shows that the volume jumped to 21, the highest level since June 5. Similarly, the chart shows that the social dominance score skyrocketed to 0.293%, the highest level since March 25. A surge in social dominance and volume is a bullish catalyst because it signals more interest among retail traders. This, in turn, may stimulate fear of missing out, or FOMO. Floki social dominance and social volume | Source: Santiment Floki’s price also jumped as the volume of exchange balances continued its downward trend, reaching the lowest level since August last year. There were 1.93 trillion tokens in exchanges, down from 2.18 trillion in November last year. Falling exchange balances is a sign that investors are no longer dumping their holdings. Floki exchange balances | Source: Nansen Meanwhile, the top 100 addresses have continued accumulating Floki, a sign that they expect the price to continue rising. These holders have boosted their positions by 16% in the last 12 months to 8.93 trillion tokens. Floki’s rebound also mirrored the performance of other top meme coins that rallied. Bonk ( BONK ) rallied by 59% in the last seven days, while Useless Coin has soared by 40% in the same period. Floki price technical analysis Floki price chart | Source: crypto.news The daily chart shows that the Floki token has rebounded in the past few months, moving from a low of $0.00004570 to $0.000080. It has moved above the 50-day Exponential Moving Average, while the Relative Strength Index and the MACD have all pointed upwards. Floki’s price has formed a symmetrical triangle pattern, with the two trendlines nearing their confluence level, which may lead to a breakout. The next point to watch will be $0.00010, the upper side of the triangle. A move above that level will point to more upside, potentially to $0.0001230, its highest point in March. You might also like: Cardano price at risk as key ecosystem metrics tumble

7 Jul 2025, 14:04

Binance To Potentially Delist These 3 Popular Cryptos: Details

Binance issues fresh update that could impact three crypto assets

7 Jul 2025, 13:30

SUI staking is now live on Kraken – earn up to 3%

With low friction, instant access and industry-leading infrastructure, Kraken continues to raise the bar for secure, flexible staking products. Stake SUI, earn effortlessly Looking to earn passive rewards without long-term commitments or technical complexity? Kraken’s new SUI staking offering gives eligible clients a streamlined way to earn up to 3% rewards on SUI , backed by our trusted-by-millions, battle-tested infrastructure. New to staking? Learn more with Kraken’s video introduction. We’re proud to offer two flexible strategies tailored to different user needs: 1-day bonded staking Earn maximum rewards with just a 1-day bonding and unbonding period Designed for users seeking industry-leading rewards Client rewards: Rates ranging from 1–3% depending on network performance Auto Earn (liquid strategy) Stay flexible with the ability to withdraw anytime No bonding/unbonding delay* With either strategy, clients enjoy the simplicity Kraken is known for. Staking SUI takes just a few clicks, with no need for external wallets, validator selection or technical setup . Why stake SUI on Kraken? Whether you’re a pro trader seeking edge through rewards generation or a new client looking to build long-term passive income, SUI staking on Kraken delivers: Short commitment : Bonding/unbonding in just one day Flexible reward access : Choose bonded or Auto Earn depending on your strategy Trusted infrastructure : Industry-leading security and uptime A smarter way to earn Many crypto users assume staking requires long-term lockups or complex tools. SUI staking on Kraken proves that doesn’t have to be the case. We’ve built a solution that makes passive yield generation accessible to everyone, from DeFi veterans to first-time stakers. Take control of your earning potential and put your SUI to work today. Ready to stake? Log in to your Kraken account or sign up to start staking SUI in seconds. Start staking SUI on Kraken Pro Start staking SUI on Kraken Geographic restrictions apply. Projected annual rate is an estimate based on the average staking rewards accrued over the past period, before commission, and is subject to change. Staking involves risks including no guarantee of rewards, potential loss from slashing or hacks, and depreciation in the value of assets while staked. Please refer to Kraken’s Terms of Service for additional information. What are the risks of staking? Before you stake cryptoassets on Kraken, you should know: APRs are indicative and may vary over time. APRs do not include Kraken’s commission. Your commission will vary depending on the number of assets staked. You retain full ownership of your staked assets. Staking involves risks including no guarantee of rewards, and potential loss from slashing, hacks, or depreciation in the value of assets while staked. Learn more about how Kraken calculates APRs and commissions and the risks of staking. * A 20% reward fee applies in exchange for this instant liquidity The post SUI staking is now live on Kraken – earn up to 3% appeared first on Kraken Blog .