Hedera faces reported exploit

July 11, Hedera blockchain reported $5.25M exploit with funds bridged to Ethereum via LayerZero. Attacker holds 2,360 ETH and 15.58 WBTC.

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$STEEM Sees Strong Buyer Activity After a 65x Volume Spike 🚀

$STEEM has attracted fresh attention after posting a 65x surge in trading volume on the USDT pair. In just 5 minutes, the token recorded 107.57K USDT in trades, with 64.97K USDT coming from buyers, indicating that bullish activity outweighed selling pressure.


The token is currently trading at $0.0431, down 1.3% over the past 24 hours. Strong buying interest while price remains slightly lower often suggests that traders are accumulating during weakness rather than waiting for a breakout.


The Boost Score of 6/10 points to improving momentum and is one of the stronger readings among recent volume spikes. Another notable detail is that 24-hour trading volume stands at 473.86K USDT, meaning almost 23% of the day's activity occurred within just five minutes. That sharp increase reflects renewed market participation.


If buyers continue defending current levels and trading volume stays elevated, $STEEM could build the foundation for a short-term recovery. However, as with any volume spike, confirmation will depend on sustained follow-through rather than a single burst of activity.


For now, $STEEM stands out as one of the more constructive setups on the watchlist. Strong buyer participation combined with a healthy boost score makes this a chart worth monitoring closely.


Key Metrics

📈 Volume Spike: 65x Average

💰 5m Volume: 107.57K USDT

🟢 Buying Volume: 64.97K USDT

💵 Price: $0.0431

📊 24h Change: -1.3%

⚡ Boost Score: 6/10


Keep $STEEM on your radar. If buying pressure remains strong, this spike could mark the beginning of a broader recovery.


#Fed considers rate hikes #CLARITY Act faces Senate hurdles #Circle wins OCC trust bank approval #Hedera faces reported exploit

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$TREE Volume Spikes, but Selling Pressure Still Leads 📉


$TREE has recorded a 37x increase in trading volume, with 132.91K USDT traded over the last 15 minutes. However, the activity leaned slightly bearish, as 68.36K USDT came from sell orders, suggesting sellers still hold the short-term advantage.


The token is currently trading at $0.0444, down 1.9% over the past 24 hours. While a sharp rise in volume often signals renewed market interest, seller-dominated flows during a decline typically indicate distribution rather than accumulation.


The Boost Score of 1/10 reflects weak momentum, meaning there is little evidence of a sustained bullish reversal at this stage. Another notable detail is that the token's 24-hour trading volume stands at 338.02K USDT, with nearly 40% of that activity occurring in just 15 minutes. That level of participation could lead to increased short-term volatility.


The next few sessions will be important. If buyers begin absorbing the selling pressure and volume remains elevated, $TREE could stabilize and attempt a rebound. If selling continues to dominate, the token may remain under pressure before establishing a stronger support level.


For now, patience is the better strategy. High volume without buyer control is not a reliable bullish signal, and confirmation will require a clear shift toward accumulation.


Key Metrics

📈 Volume Spike: 37x Average

💰 15m Volume: 132.91K USDT

🔴 Selling Volume: 68.36K USDT

💵 Price: $0.0444

📊 24h Change: -1.9%

⚡ Boost Score: 1/10


Keep $TREE on your watchlist. A transition from seller dominance to sustained buying volume will be the strongest indication that momentum is improving.


#Fed considers rate hikes #CLARITY Act faces Senate hurdles #Circle wins OCC trust bank approval #Hedera faces reported exploit

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$ALLO Sees Renewed Selling Pressure Despite Holding Daily Gains 📉

$ALLO has recorded another 9x volume spike on the USDT pair, with 153.76K USDT traded over the last 15 minutes. The activity was dominated by sellers, with 89.36K USDT in selling volume, suggesting bearish pressure remains stronger than buying interest.


Even with the recent selling, $ALLO is still trading at $0.3692, up 0.7% over the past 24 hours. This combination of positive daily performance and short-term selling often reflects profit-taking after an earlier move rather than a confirmed trend reversal, but continued selling could weaken momentum.


The Boost Score of 1/10 points to limited bullish strength, indicating that buyers have yet to regain control. With 24-hour trading volume at 1.53M USDT, the latest 15-minute spike represents a noticeable increase in activity, but the dominance of sell orders keeps the near-term outlook cautious.


The next few trading sessions will be important. If buyers begin absorbing the selling pressure and volume shifts back toward accumulation, $ALLO could continue defending its recent gains. However, if selling persists, the token may face a deeper short-term pullback.


For now, $ALLO is a chart to monitor rather than chase. A sustained shift toward buyer-dominated volume will be the clearest signal that momentum is improving.


Key Metrics

📈 Volume Spike: 9x Average

💰 15m Volume: 153.76K USDT

🔴 Selling Volume: 89.36K USDT

💵 Price: $0.3692

📊 24h Change: +0.7%

⚡ Boost Score: 1/10


Keep $ALLO on your watchlist. A transition from selling pressure to consistent buying volume will be the key confirmation for a stronger bullish outlook.


#Fed considers rate hikes #CLARITY Act faces Senate hurdles #Circle wins OCC trust bank approval #Hedera faces reported exploit

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$ZIL Sees Strong Buying Activity After a 104x Volume Spike 🚀

$ZIL has caught traders' attention after recording an impressive 104x surge in trading volume on the USDT pair. During the last 5 minutes, the token processed 112.56K USDT in trades, with 84.98K USDT driven by buyers, showing clear buying dominance despite the recent market weakness.


The token is currently trading at $0.00308, down 2.0% over the past 24 hours. Strong buying activity following a pullback often suggests that market participants are beginning to accumulate at lower prices rather than continuing to sell.


The Boost Score of 5/10 indicates improving momentum, though confirmation will require sustained buying pressure. Another notable detail is that the token's 24-hour trading volume is only 310.45K USDT, meaning over one-third of the day's activity occurred within just five minutes. That sharp increase highlights renewed market interest.


If buyers continue absorbing supply and volume remains elevated, $ZIL could attempt a short-term recovery from current levels. However, if buying momentum fades, the spike may turn into a brief liquidity event instead of the start of a larger move.


For now, $ZIL stands out as one of the stronger bullish volume signals on the watchlist. Continued buyer participation will be the key factor to watch.


Key Metrics

📈 Volume Spike: 104x Average

💰 5m Volume: 112.56K USDT

🟢 Buying Volume: 84.98K USDT

💵 Price: $0.00308

📊 24h Change: -2.0%

⚡ Boost Score: 5/10


Keep $ZIL on your radar. If buying volume remains strong, today's spike could become the foundation for a broader recovery.

#Fed considers rate hikes #CLARITY Act faces Senate hurdles #Circle wins OCC trust bank approval #Hedera faces reported exploit

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$TIA Volume Increases, but Bears Still Control the Flow 📉

$TIA has recorded a 9x increase in trading volume, with 187.82K USDT traded over the past 15 minutes. However, the move has been driven mainly by sellers, with 103.38K USDT in selling volume, indicating that bearish pressure remains stronger than buying demand.


The token is currently trading at $0.3976, down 3.0% over the last 24 hours. While rising volume often signals growing market participation, seller-dominated activity during a price decline usually points to continued distribution rather than accumulation.


The Boost Score of 1/10 reflects weak momentum, suggesting that this spike is not yet supported by strong bullish conviction. With 24-hour trading volume at 1.86M USDT, the recent burst is meaningful but not enough on its own to signal a trend reversal.


The next few trading sessions will be important. If buyers begin absorbing the selling pressure and volume remains elevated, $TIA could stabilize and attempt a recovery. If selling continues to dominate, the token may remain under pressure and revisit lower support levels.


For now, caution is warranted. Strong volume combined with persistent selling is generally a sign that the market is still favoring the bears, and buyers need to reclaim control before sentiment improves.


Key Metrics

📈 Volume Spike: 9x Average

💰 15m Volume: 187.82K USDT

🔴 Selling Volume: 103.38K USDT

💵 Price: $0.3976

📊 24h Change: -3.0%

⚡ Boost Score: 1/10


Keep $TIA on your watchlist. Watch for a shift toward buyer dominance before expecting a stronger bullish recovery.

#Fed considers rate hikes #CLARITY Act faces Senate hurdles #Circle wins OCC trust bank approval #Hedera faces reported exploit

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🌊 KRYPTOCEAN DAILY • Saturday, July 11 Today's Verdict: Weekly Project Updates: BonkDAO Suffers Governance Attack, BNB Chain Builds AI Focused Layer1, Uniswap. Positioning and liquidity will lean on that headline into the overnight tape.

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Allegation of Attack on the Hedera Network Blockchain security firm PeckShield reported that, based on information shared by Specter, the Hedera network may have been subjected to a cyberattack. According to initial findings, assets worth approximately $5.25 million were transferred from the Hedera mainnet to the Ethereum network via a bridge. 🕵️ According to the allegations, the attacker used 1 ETH obtained through Tornado Cash to initiate the transactions. The attacker’s wallet is reportedly currently holding approximately 2,360 ETH ($4.25 million) and 15.58 WBTC (approximately $1 million).

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Short News: Bonzo Finance Suspends Lending Following Oracle Exploit Bonzo Finance has temporarily suspended its lending functions after an attacker exploited a vulnerability in the #Supra Oracle. By manipulating price data, the attacker borrowed assets worth approximately $9 million. According to the latest update, the root cause was not with Bonzo Finance or the #Hedera network, but rather a flaw in Supra’s price data infrastructure. The Oracle bug has since been patched, while efforts continue to recover the stolen funds. This incident highlights a well-known risk in DeFi: even if a lending protocol operates correctly, faulty or manipulated oracle data can lead to significant losses.