Investor Who Foresaw AI Boom Predicts Bitcoin Crash to $57,000
Veteran investor Jason Calacanis predicts Bitcoin will fall to $57,000 within 12 months, saying it will never reach a new all-time high.
Over $260,000 drained from Predict Fun users in an ongoing incident affecting at least 19 accounts.
Approximately $260,000 has been drained from accounts on Predict Fun, a BNB-based prediction market, in an incident that is expected to continue.
Crypto analyst Dethective reported on Tuesday that they lost about $5,000 in the same incident tied to Predict Fun.
The stolen assets were moved across to Ethereum and subsequently sent through crypto mixer Tornado Cash.
“I think there’s something wrong going on with Predict Fun and I am not the only victim,” Dethective said.
Not long after, another crypto analyst, Naeven, traced funds taken from 19 Predict Fun victims and calculated the total at 105 ETH, valued at around $260,000.
Detective seems to be right, there's something going on with @predictdotfun as multiple accts are being drained
— Naeven (@Naeven_) October 27, 2026
The funds are being bridged to Ethereum & then forwarded to Tornado Cash
I've identified 19 victims who have been drained of a total of 105 ETH (~$260K). There are… https://t.co/g9WkMddX7n pic.twitter.com/PJnGem0TGv
Naeven further stated that there are probably additional victims and advised users to move any remaining funds out of Predict Fun.
Created by ex-Binance employees, Predict Fun operates as a prediction market similar to Polymarket, serving the BNB ecosystem.
Binance founder Changpeng Zhao also backed the platform, stating that YZI Labs—previously called Binance Labs—incubated and invested in it.
According to crypto data provider DefiLlama, Predict Fun generated just over $9 million in earnings in 2026.
Protos has contacted Predict Fun for a response and will update the story if it receives one.
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Disclaimer: this article comes from third-party media and is provided for reference only. It does not constitute investment advice. Crypto and other financial products carry significant price volatility risk, so please make your own decisions carefully.
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