On November 27, Upbit exchange revealed that it was hit by a $36M hack on the Solana, with hackers syphoning the funds to an unknown address.
The platform instantly ceased all operations to minimize the damage.
Crypto news today also includes DeepSnitch AI’s rumored listing on mainstream exchanges like Bybit and MEXC. The AI-driven project has already amassed $600K in the second stage of its presale and sparked a multitude of 100x predictions, with the unconfirmed rumors on listing significantly boosting investor confidence.
What Happened to Upbit?
According to Upbit, South Korea’s largest crypto exchange, on November 27, the attackers targeted Solana ecosystem assets and transferred them to an unknown wallet.
The attack was likely the result of an exploit tied to Solana, with the exchange identifying the scale of outflows and promising to investors that they’ll absorb all losses.
Upbit immediately locked down the platform’s infrastructure and transferred all contained assets to cold wallets to eliminate the possibility of further losses.
Upbit’s previous hack was one of the biggest crypto-breaking stories in 2019, as the exchange was drained of $41M in ETH, with the attack being attributed to North Korean cybercriminals.
Crypto news today was also dominated by Bitcoin’s stabilization above $92K and rumors of DeepSnitch AI’s future release roadmap after raising $600K from retail investors amid market uncertainty.
Hottest Altcoins of 2025
1. DeepSnitch AI: Will DSNT’s January Launch Be the Next Moonshot?
DeepSnitch AI has been an integral part of crypto news updates for a few months, primarily due to its resilience against wider volatility. In short, DeepSnitch AI is a project that maintained a solid trajectory and raised over $600K while the wider market was cooling down.
As a retail-focused AI project, DeepSnitch’s AI analytics suite and its predictive capabilities led to numerous 100x predictions as the proposed solution could reach mass adoption as users look for more data-driven trading tools.
DeepSnitch AI also generated a buzz after announcing that the first two AI agents were live in the platform’s intelligence layer and will be available to early investors shortly ahead of its January release.
Although the rumors are yet unconfirmed, DeepSnitch AI hit the crypto news today after the community started betting on DSNT listing on major exchanges, such as Bybit and MEXC.
As investors rush to snag the DSNT token at $0.2477 and reserve their access to AI agents, the DeepSnitch AI presale is expected to snowball fast due to the underlying buzz.
2. Monad: Will the Mainnet Launch Help Sustain the Rally?
According to CoinMarketCap, MON traded around $0.040 area on November 27, representing 8% decline.
Despite its mainnet launching on Monday, MON is still a part of market headlines today, as investors remain heavily invested in the future of the Monad blockchain.
According to analysts, the selling pressure at $0.048 was sizable, and because the level was rejected, MON is expected to fall to $0.040 in the short term.
Still, the chances of recovery are high, meaning there’s a strong possibility of a fast retest of the $0.048 resistance. If flipped into support, the next likely target for Monad is $0.075.
3. XRP: Is a Surge to $2.6 in the Books?
On November 27, XRP hovered in the $2.20 area, according to CoinMarketCap.
With XRP ETFs being the hottest exchange-traded products during the week, analysts are bullish on XRP, with many seeing $2.60 as the next target.
If the momentum sticks, or any bullish crypto news today manages to add some extra momentum, then the pace will quickly pick up, allowing XRP to set the stage for the surge to $3 by the end of the year.
Although further drops are still possible, the wider market is trading in the green, and the scales are more likely to tip toward the bullish scenario.
Conclusion: Strike While the Iron Is Hot
The crypto news today has been a mish-mash of exploits and a slew of bullish predictions. Cutting through the noise reveals that despite November falling short of its full potential, the market could make a full recovery in December.
However, crypto can be unpredictable, meaning that another downward spiral is still possible.
In an effort to avoid short-term volatility, many traders are pouring thousands into DeepSnitch AI. With a major exchange listing expected in January, the DSNT token can stay strong amid wild swings and deliver massive gains at a time when the appetite for digital assets will be at its peak.
FAQs
1. What Happened to Upbit?
Upbit confirmed a $36M exploit tied to Solana assets, immediately freezing operations and moving funds to cold storage. The largest South Korean exchange promised to cover all losses as the investigation continues.
2. Why Is DeepSnitch AI Trending in Crypto News Today?
DeepSnitch AI raised over $600K in presale and is rumored to be listing on major exchanges like Bybit and MEXC. So far, its retail-focused AI analytics suite and live AI agents have sparked numerous 100x predictions.
3. What Is in the Crypto News Today for Altcoins?
Analysts expect MON to retest resistance at $0.048 after the mainnet launch, while XRP’s momentum could push it toward $2.60 or as high $3 if bullish news continues driving market sentiment.