A novel two-memristor hyperchaotic system is obtained by introducing a cubic magnetic-controlled memristor and a hyperbolic sine function memristor. The dynamics of the new system are analyzed by various techniques such as Lyapunov exponents, complexity, 0-1 test, bifurcation diagram and phase diagram. The results demonstrate that the new system exhibits complex dynamic behaviors, including transient chaos, transient transition, intermittent chaos, and offset-boosting. Notably, a rare phenomenon with stable unfixed point has been discovered in this newly proposed system. The largest Lyapunov exponent of the stable unfixed point fluctuates around 0 and remains predominantly less than or equal to 0. Despite this, the new system still partially exhibits chaotic characteristics, indicating that the stable unfixed point can be regarded as a local chaotic attractor. Furthermore, there are four types of coexisting attractors with period-period, chaos-chaos, chaos-stable unfixed point and stable unfixed point-stable unfixed point in the new system. The circuit design is implemented to validate the accuracy of the memristive chaotic system, and the consistency between numerical calculations and simulation results is confirmed. Finally, the coupling synchronization and tracking synchronization methods are designed, which hold practical applications in the field of secure communication, control systems and signal processing.