Box jellyfish (class 'Cubozoa') are cnidarian invertebrates distinguished by their cube-shaped medusae. Some species of box jellyfish produce extremely potent venom. Stings from these and a few other species in the class are extremely painful and can be fatal to humans.

The box jellyfish actively hunts its prey (small fish), rather than drifting as do true jellyfish. They are capable of achieving speeds of up to 1.5 to 2 metres per second or about 4 knots (7.4 km/h; 4.6 mph).

The venom of cubozoans is distinct from that of scyphozoans, and is used to catch prey (small fish and invertebrates, including prawns and bait fish) and for defence from predators, which include the butterfish, batfish, rabbitfish, crabs (blue swimmer crab) and various species of turtle including the hawksbill sea turtle and flatback sea turtle. It seems that sea turtles are unaffected by the stings because they seem to relish box jellyfish.

More Info: en.wikipedia.org