Upbit’s $36M hack dominates crypto news today, shaking trust. Discover DeepSnitch AI, a presale building tools to help with a risky market safely and profitably.
A major security breach at the South Korean exchange Upbit has rattled the market, with $36 million in assets stolen from a Solana hot wallet. This event, coming just a day after the exchange’s parent company sealed a massive deal, is the biggest story in crypto news today.
As centralized platforms show their vulnerabilities, investors are scrambling for ways to protect their capital. This search for safety and insight is driving massive interest in DeepSnitch AI. This audited AI-intelligence platform has already raised over $609,000 in its presale as the price pumped over 65% ahead of the upcoming January launch.
Upbit hit with $36 million Solana hot wallet breach
South Korea’s largest crypto exchange, Upbit, was forced to freeze deposits and withdrawals following a security breach. The exchange detected approximately $36 million in unauthorized outflows from its Solana-network hot wallet. Suspicious transfers were flagged early in the morning local time, triggering an immediate shutdown of services and a full security review.
The timing of this hack is particularly striking, dominating crypto news today. It occurred just one day after Upbit’s parent company, Dunamu, finalized a $10 billion acquisition deal with fintech giant Naver. Upbit confirmed that the breach was isolated to its hot wallet and that cold wallet reserves remain secure.
Breaking crypto updates: DeepSnitch AI, the ultimate solution for the market chaos
DeepSnitch AI: Live utility for a dangerous market launching by January
When billion-dollar exchanges get hacked, investors feel exposed. The market is dangerous, and relying blindly on centralized entities or hoping for the best is a losing strategy. This chaos explains the urgent need for personal AI intelligence tools that put control back in the hands of the user. While the trending crypto headlines are filled with fear, DeepSnitch AI is building the armor traders need to survive.
But in this market, utility is safety and foresight. Imagine if you had an AI agent tracking whale movements in real-time, you could have seen the massive outflows before the news broke.
With a launch soon in January and rumors of Tier 1 exchange listings swirling, the urgency to get in is real. DeepSnitch AI combines this “bear-proof” safety utility with a massive 30% marketing allocation to ensure it captures the market’s attention.
Chainlink (LINK) daily market news
Chainlink continues to make crypto news today with its deep integration into traditional finance. SWIFT is conducting interoperability pilots with Chainlink to securely connect banking messaging systems to public blockchains. This is a massive step for programmable finance.
Additionally, Grayscale is expected to launch a Chainlink spot ETF (GLINK) as early as next week, offering institutional investors regulated exposure. Despite these bullish fundamental developments, LINK’s price has declined 9% in the last week, reflecting the broader market fear triggered by events like the Upbit hack.
Arkham (ARKM) breaking crypto updates
Arkham Intelligence is another key token in crypto news today, providing the data that reveals market moves. The platform recently reported that SpaceX transferred $105 million in Bitcoin to new wallets, sparking discussions about custody and strategy. It also tracked Michael Saylor’s movement of $5.1 billion in BTC to Fidelity.
Like DeepSnitch AI, Arkham focuses on transparency. However, its token ARKM has underperformed recently, dropping 9%. While its tools are powerful for analysts, DeepSnitch AI differentiates itself by turning raw data into actionable, simplified alerts for the everyday retail trader.
Final verdict
While Chainlink builds infrastructure and Arkham tracks the past, DeepSnitch AI provides the future of investment protection. Its SnitchScan and SnitchFeed tools are essential for a market filled with risks.
With over $609k raised and a January launch deadline, this is the best crypto to buy now to secure your portfolio and potential profits. Those who bought early are already in over 65% profits. Imagine how much one could make when it launches on top crypto exchanges.
Visit the official DeepSnitch AI website, join the Telegram, and follow on X (Twitter) for the latest updates.
FAQs
How does the Upbit hack affect crypto news today?
The Upbit hack is the dominant story in crypto news today, causing short-term fear and volatility. It drives interest toward self-custody solutions and risk-management tools like those offered by DeepSnitch AI.
What is SnitchScan, and how does it relate to current market risks?
SnitchScan is DeepSnitch AI’s “scam filter.” In a market where hacks and exploits are common news, this AI agent audits smart contracts for vulnerabilities and rug-pull code before a trader invests.
Why is DeepSnitch AI launching in January?
Launching early in the year allows the project to establish its footprint and list on exchanges (with rumors of Tier 1 support) as market activity typically heats up.
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Krasimir Rusev is a journalist with many years of experience in covering cryptocurrencies and financial markets. He specializes in analysis, news, and forecasts for digital assets, providing readers with in-depth and reliable information on the latest market trends. His expertise and professionalism make him a valuable source of information for investors, traders, and anyone who follows the dynamics of the crypto world.