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Two Prime launches $10M-backed Bitcoin yield vault

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Two Prime launches $10M-backed Bitcoin yield vault

Two Prime has launched an institutional Bitcoin lending vault on Pareto targeting annual returns of 1.5% to 2%, with roughly $10 million of the firm’s own capital committed to absorb initial credit losses.

Summary

  • Two Prime launched a Pareto WBTC vault targeting 1.5% to 2% annual institutional lending yields.
  • Two Prime committed roughly $10 million in first-loss capital to absorb initial borrower credit losses.
  • The Axiom vault requires at least five WBTC, placing entry near $380,000 at current prices.
  • ICE Digital Trust and Copper Technologies will provide custody for assets supporting the lending strategy.
  • Pareto currently tracks roughly $227 million in active private-credit loans across its onchain credit infrastructure.

CoinDesk reported on Sept. 16 that the Axiom WBTC Yield Vault accepts Wrapped Bitcoin and requires a minimum investment of 5 WBTC, putting the entry level near $380,000 with Bitcoin trading around $76,000 at publication. The quoted yield is a target tied to lending conditions and is not guaranteed.

The product takes Two Prime’s existing institutional credit business onto blockchain-based infrastructure, with Pareto handling the private-credit rails and ICE Digital Trust and Copper Technologies providing custody. Two Prime plans to lend deposited assets to institutional counterparties that can include public companies, credit-rated borrowers and diversified financial firms.

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Two Prime puts $10 million behind the WBTC vault

Two Prime’s capital commitment gives the Axiom vault a first-loss layer before participating investors bear certain credit losses. CoinDesk placed the commitment at roughly $10 million, although the report did not disclose the precise size of the vault, its maximum capacity or how much of that capital had already been deployed when the product was announced.

The structure does not make the targeted return risk-free. Its 1.5% to 2% annual return depends on lending terms, borrower performance and market conditions. Investors retain exposure to credit risk, operational risk and risks tied to the wrapped Bitcoin used as the vault’s deposit asset.

Five WBTC is the minimum contribution. At a Bitcoin price close to $76,000, that represents approximately $380,000, although the dollar amount changes with Bitcoin because WBTC is designed to track the underlying asset.

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Wrapped Bitcoin allows BTC value to move through smart contracts on networks such as Ethereum. The token is backed by Bitcoin held in custody, creating an additional custody and tokenization layer that does not exist when an investor holds native BTC directly.

As crypto.news explained in its recent WBTC guide, WBTC brings Bitcoin liquidity into lending and other decentralized-finance applications through a token intended to maintain a one-to-one relationship with BTC. The structure comes with custodial and smart-contract considerations that differ from native Bitcoin ownership.

Pareto supplies the onchain private-credit infrastructure

Pareto provides the blockchain infrastructure through which the new vault connects investor deposits with private-credit borrowers.

Current DefiLlama data for Pareto Credit shows approximately $227 million in active loans. The tracker classifies Pareto Credit as an uncollateralized lending marketplace serving institutional lenders and borrowers. Capital already deployed to borrowers is reported separately from the smaller amount of assets sitting idle inside its vault contracts.

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That accounting distinction explains why Pareto’s conventional TVL figure can appear much lower than its outstanding credit book. DefiLlama’s methodology excludes deployed loans from its default TVL reading and records those balances under active loans instead.

Pareto’s infrastructure was already supporting large institutional credit products before the Two Prime launch. Earlier in September, RedStone introduced pricing feeds for a Pareto FalconX credit vault carrying more than $170 million in exposure across several networks.

As crypto.news reported in its coverage of the FalconX vault, Pareto’s permissioned private-credit products are designed for professional investors, asset managers, digital-asset funds and fintech firms. Transfer restrictions can require approved participants for redemptions or liquidations.

The Axiom vault extends that model into WBTC lending. Two Prime supplies the lending and borrower-selection expertise, while Pareto provides the tokenized infrastructure used to administer the onchain product.

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ICE Digital Trust and Copper handle custody

The custody layer uses two established institutional providers. ICE Digital Trust describes itself as a New York state-chartered trust company and qualified custodian. Its infrastructure supports custody of Bitcoin and other digital assets through offline key storage, transaction reviews and multi-step authorization controls.

Intercontinental Exchange’s 2025 annual filing confirms that ICE Digital Trust operates under New York Department of Financial Services supervision. The filing says the business provides custody for assets including Bitcoin, Ether and USDC and falls under New York virtual-currency, cybersecurity and anti-money-laundering rules.

Copper supplies another institutional custody and financing layer. Its platform combines MPC-based custody with lending, settlement and collateral-management tools. Copper says its controls prevent a complete private key from being created in one location and require governed transaction approvals.

The two providers address asset safekeeping, while borrower repayment remains a separate source of risk. Custody controls do not guarantee the performance of loans made through the vault.

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Launch extends Two Prime’s institutional lending business

Two Prime enters the onchain vault market with an existing institutional Bitcoin credit operation.

Its SEC adviser record lists Two Prime Inc. as an SEC-registered investment adviser with registration effective since February 2022. The firm expanded its regulatory profile in February 2026 when it registered with the CFTC as a commodity trading adviser and became an NFA member. Two Prime’s SEC registration can be viewed through IAPD.

The firm’s lending affiliate had issued more than $2.55 billion of Bitcoin-backed loans and credit facilities by the end of the third quarter of 2025. That total included $827 million during the quarter alone, according to Two Prime’s announcement at the time.

As crypto.news previously reported, borrowers have included Bitcoin miners, trading firms, asset managers, family offices and corporate treasuries. The lending business has historically focused on institutional bilateral credit backed by Bitcoin collateral.

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A more recent transaction involved MARA Holdings. Two Prime supplied a $300 million two-year term loan carrying a fixed 7.65% rate as part of $600 million in new borrowing secured by MARA’s Bitcoin.

MARA initially pledged 18,750 BTC across facilities provided by Two Prime and Coinbase. Two Prime’s loan matures in August 2028.

The onchain product therefore changes how lender capital reaches Two Prime’s credit operation without replacing its institutional underwriting model.

Two Prime’s onchain strategy has developed during 2026

The launch follows several months of public discussion inside Two Prime about how institutional finance could use blockchain vault infrastructure.

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At Consensus Miami in May, founder and CEO Alexander Blume argued that institutional borrowers tend to demand conventional legal agreements, transparent custody and identifiable counterparties. Blume said institutions often reject structures they consider operationally difficult to explain to boards and risk committees.

By July, Blume was publicly discussing vaults as a way to place financial strategies into blockchain-based wrappers. Two Prime’s own publication list described onchain vaults as emerging financial infrastructure, while continuing to emphasize regulated custody and identifiable counterparties for institutional users.

Axiom combines those elements. The product uses an onchain vault but places the credit strategy with a known institutional manager and the assets with named custodians.

The approach resembles other recent Bitcoin yield structures connecting tokenized BTC with institutional borrowing demand. In August, crypto.news reported that  Flow Traders was testing a Bitcoin-backed stablecoin credit strategy through Lombard’s Bitcoin Earn vault. That product accepts several forms of tokenized Bitcoin and allocates capital through professionally managed credit strategies.

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Realized yield will depend on borrower performance

The next measurable data for the Axiom WBTC Yield Vault will come from deposits, credit deployment, borrower repayment and the yield actually delivered to investors.

Two Prime has set a 1.5% to 2% annual target, but CoinDesk explicitly noted that returns are subject to market conditions and are not guaranteed. The company has not published a fixed maturity schedule, final vault capacity or a guaranteed rate for depositors in the materials reviewed.

Pareto’s existing credit platform provides a reference point for onchain lending activity, not a forecast for Axiom. DefiLlama currently records close to $227 million of active Pareto Credit loans and an average supply APY of approximately 6.4% across the pools it tracks. Individual Pareto products carry different borrower exposures, structures and yields, so that aggregate rate should not be treated as the expected return for Two Prime’s vault.

WBTC’s underlying reserve position supplies another independently observable data point. The WBTC transparency dashboard showed 116,499.1917 WBTC in circulation against 116,511.9929 BTC held in reserves in its Sept. 11 update. Most of the outstanding token supply, roughly 116,132 WBTC, was issued on Ethereum.

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Mark Zuckerberg Meta AI Predicts Chainlink to $300 (LINK) if This Happens

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Mark Zuckerberg Meta AI Predicts Chainlink to $300 (LINK) if This Happens

The Mark Zuckerberg-backed Meta AI predicts an insanely wild price for Chainlink (LINK) by January 1, 2027. It claims that $150–$250, with a stretch target toward $300+ are possibilities under the assumption of a full-blown crypto bull market returning and being turbocharged by a landmark catalyst.

LINK is currently trading around $15.20–$15.50 as of September 29, 2026. This extreme outlook predicts a strong late-2026 bull market, driven by major financial institutions and government agencies designating Chainlink as the primary decentralized oracle for tokenized real-world assets and cross-border settlements.

In this speculative scenario, massive institutional demand could push LINK from ~$15 to $150–$250 by early 2027, potentially even $300. However, this would require significant coordination among traditional finance, regulators, and Chainlink, making it a highly unlikely base-case prediction.

SOURCE: Meta AI Predicts LINK Price

Meta AI Predicts LINK to $300: Is There Any Technical Analysis that Backs this Wild Target?

On the higher timeframes, LINK has been building a constructive recovery, recently breaking higher from the $12–$13 region and pushing into the mid-$15s with expanding volume. Price is holding above rising short- and intermediate-term moving averages after reclaiming key levels.

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In a standard bull market, a sustained break above $18–$20 would open the path toward the prior cycle high near $53. Under the extreme institutional-adoption scenario outlined above, clearing that previous all-time high would likely trigger a powerful measured-move extension and Fibonacci projections from the multi-year base, theoretically supporting a move into the $150–$250+ zone if volume and momentum expand dramatically.

RSI has room to run from current levels before reaching the kind of extreme overbought readings typical of parabolic advances. Key nearer-term supports sit in the $13.50–$14.50 and $12.00–$12.50 zones; holding those would keep the broader recovery structure intact while the market prices in any major narrative shifts.

Overall, while the current chart supports continued upside in a normal bull market, only an extraordinary surge in real-world institutional utility and demand could justify the kind of multi-thousand-percent extension implied by the $150–$300 targets.

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Earn $50 and Enter $300K Prize Draw on EdgeX

LiquidChain Targets Early Mover Upside as Ethereum Tests Key Levels

Traders who bought LINK near $15 aren’t wrong to feel validated by this range hold. But let’s be honest about the math: moving LINK from $15 to $300 would take a wildly unlikely catalyst and remains improbable.

For capital chasing asymmetric exposure to cross-chain infrastructure themes (the same theme driving the CCIP narrative), early-stage projects offer a different risk-reward profile.

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LiquidChain ($LIQUID) is building a Layer 3 execution environment that fuses Bitcoin, Ethereum, and Solana liquidity into a single unified layer.

Rather than forcing developers to deploy separate contracts per chain, LiquidChain’s Deploy-Once Architecture lets builders ship once and access liquidity across all three ecosystems through Single-Step Execution and Verifiable Settlement.

The presale has raised almost $980K at a current token price of just $0.01496.

Gain Special Access to Layer 3 Trading Here

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Discover: The Best Token Presales

The post Mark Zuckerberg Meta AI Predicts Chainlink to $300 (LINK) if This Happens appeared first on Cryptonews.




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UK chancellor uses bitcoin to mock Nigel Farage

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UK chancellor uses bitcoin to mock Nigel Farage

UK Chancellor of the Exchequer John Healey has compared Nigel Farage’s fiscal policies to a “BTC account” handled by one of the UK’s most financially irresponsible prime ministers.

UK Chancellor of the Exchequer! “Don’t make me laugh,” John Healey has compared Nigel Farage’s fiscal policies to a “BTC account” handled by one of the UK’s most financially irresponsible prime ministers.

This is from Healey the most useless piece of communist crap ever appointed to this position. This man is really as stupid as they come. Support the British people? NO, he supports the communist socialist failed agenda and the EU, like the rest of Labour’s traitor MPs. Certainly not you the British people, and you voted for the new Communist socialist Islamic republic of Britain.

Now he and Burnham are going to piss all over you while calling for another referendum on rejoining the dictatorship called the EU, OH, AND THEY WILL USE THE WORD DEMOCRACY, SOMETHING THEY DON’T SUPPORT AND NEVER HAVE.

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Healey’s jab at the Reform leader during Labour’s 2026 party conference referred to the perceived economic failure of the UK’s shortest-serving prime minister, Liz Truss.

Truss’s financial policies were widely criticised for their negative impact on financial markets. This led to a rebellion from several Tory MPs, and she was forced to resign within 44 days of her premiership.

Healey appeared to suggest that a “BTC account” is an equally financially irresponsible form of finance, and that only by pairing it with Truss would you recreate the “fantasy funding” ideals of Nigel Farage.

Healey’s comments upset a lot of Bitcoiners, who claimed his “derogatory” description of a “BTC account” demonstrated “staggering ignorance.”

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Freddie New, CEO of the BTC Lightning transaction fee firm B HODL, said Healey is “gleefully ignorant that he thinks it is possible to have a ‘BTC account.’”

UK podcaster Peter McCormack said, “Healey making a dismissive joke about Bitcoin shows that he likely has a woeful understanding of economics, particularly scarcity.”

Most criticisms were technical and took offence at the use of the word “account,” which contrasts with the phrase “crypto wallet” used by crypto holders.

Healey wants a ‘new age of industrialisation’

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Healey was defence secretary under Sir Keir Starmer’s leadership before he resigned in June. He argued that the government wasn’t willing to spend enough on national defence. 

During yesterday’s conference, Healey announced new measures to support a “new age of industrialisation,” which includes a £300 million investment from Rolls-Royce toward its factories, and £6 billion in government contracts to build new submarine docks. 

A so-called “Union Learning Fund” was also announced, as were a National Wealth Fund to help create 130,000 jobs by 2030, and a £100 million-backed local apprenticeship scheme. 

Got a tip? Send us an email securely via Protos Leaks. For more informed news and investigations, follow us on X, Bluesky, and Google News, or subscribe to our YouTube channel.

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Trump-related American Bitcoin has lost more than 90% of its value

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Trump-related American Bitcoin has lost more than 90% of its value

Hut 8-owned BTC mining firm, American Bitcoin, has dramatically underperformed BTC since its reverse merger which allowed it to become publicly listed.

American Bitcoin has lost approximately 92% of its value (after accounting for its reverse stock split) since its merger.

BTC by comparison has lost a mere quarter of its value.

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American Bitcoin claims that it “was formed through the  strategic contribution of substantially all of Hut 8’s ASIC fleet into a new venture led by Eric Trump and Donald Trump Jr.”

More specifically, Eric Trump served as chief strategy officer during this >90% decline.

Donald Trump Jr. provides advice to the firm in his role as senior adviser.

Together they’ve led this firm which is supposedly “a pure-play BTC accumulation platform that integrates scaled BTC mining operations with disciplined accumulation strategies” into a substantial decline that has far outpaced the decline of BTC.

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Read more: Trump promised bitcoin ‘made in America’ then ruined it with tariffs

American Bitcoin reported a net loss of over $150 million for 2025.

For the first six months of 2026 it has added to those with an additional $138 million in net losses, largely driven by the falling price of BTC.

The recent rebound in BTC prices will likely reduce some of those losses in future quarters if it doesn’t fall again.

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Ethereum users get another way to pay privately as zk.money returns after three years

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Aztec's zk.money hides payments once money is inside. (Shaurya Malwa/CoinDesk)

“Onchain transactions between two individuals shouldn’t mean publishing your financial history to the world,” Joe Andrews, CEO of Aztec Labs, said in a statement.

Andrews added that Aztec Labs chose DAI because it considers it “the most decentralized of the mass-market stablecoins used today on Ethereum.” He said the wallet could support other assets later.

Aztec's zk.money hides payments once money is inside. (Shaurya Malwa/CoinDesk)

Ethereum already has apps that hide payments, though transfers from an ordinary wallet remain public. Its developers are weighing changes for the planned 2027 Hegotá upgrade that could let privacy apps handle transaction approvals and fees with less help from outside services. Those proposals are still under consideration, while Aztec Labs is bringing back a wallet people can use on its own network.

Read More: Ethereum’s next big upgrade has 66 proposals, including a major privacy fix

What zk.money can and cannot hide

Moving money into the system still leaves a public trace, however. Aztec’s documentation says a deposit from Ethereum reveals the sender and amount, even though the recipient on Aztec can remain private.

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The relaunch comes with limits, however. Each deposit, payment and withdrawal must be below $2,500. All users share a $50,000 daily deposit allowance, which replenishes over time. The documentation describes those caps as a safeguard while the system is new and says raising them would require a new contract.



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Wall Street Embraces Crypto Infrastructure as Britain Wrestles With Regulatory Caution

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Author: Cryptoman

Cryptocurrency is edging further into the financial mainstream this year, even as the industry’s relationship with traditional banking and regulators remains fraught in key markets like the United Kingdom. From Morgan Stanley’s new laboratory for testing tokenized finance to a British parliamentary group’s pointed letter to bank chief executives, the story of crypto in late 2026 is one of institutions moving cautiously toward digital assets while grappling with unresolved questions about risk, access and regulatory readiness.

On Wall Street, the direction of travel is unmistakable. Morgan Stanley has launched a Digital Asset Lab dedicated to testing stablecoins, tokenized deposits, central bank digital currencies, money-market funds and decentralized finance vaults, according to reporting by Bloomberg. The lab, part of the bank’s existing network of innovation hubs, allows employees to experiment with blockchain-based applications without touching Morgan Stanley’s core systems — a sandbox approach that mirrors, in miniature, the kind of controlled testing environments regulators elsewhere are trying to build.

Megan Brewer, who leads market innovation and labs at the bank, told Bloomberg the team is exploring how software might execute investment strategies around the clock, a question that goes to the heart of what tokenization promises: markets and money that never sleep. The lab’s remit spans the technical distinction between a tokenized deposit, which represents a claim on money held at a bank, and a stablecoin, which is backed by a separate pool of assets — a distinction that has become increasingly important as regulators worldwide try to draw clear lines around different forms of digital money.

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This research effort builds on products Morgan Stanley has already brought to market. In April, the firm launched a Stablecoin Reserves Portfolio designed to help stablecoin issuers meet reserve requirements under the U.S. GENIUS Act, holding cash, short-dated Treasurys and repurchase agreements. Its E*TRADE platform completed a rollout letting eligible clients trade Bitcoin, Ether and Solana directly, while three separate exchange-traded products tracking those same assets have drawn tens of millions of dollars in inflows since launching earlier this year. Together, these moves suggest a major Wall Street institution treating crypto not as a speculative sideline but as infrastructure worth building out across trading, custody and reserve management.

The contrast with the United Kingdom is instructive. There, momentum is real but noticeably more contested. Lord Kulveer Ranger, co-chair of Parliament’s All-Party Parliamentary Group on Digital Markets and Digital Money, recently offered a candid assessment of where the Bank of England stands on stablecoins and the prospect of a digital pound. His verdict, after 18 months of engagement: the Bank is listening, but it is cautious — and caution alone, he argues, will not be enough to keep Britain competitive.

Ranger’s core complaint is about tempo. While the Bank of England takes its time absorbing feedback on systemic stablecoin rules, other jurisdictions are moving ahead with their own frameworks, some more permissive and some more experimental. Capital and confidence, he warns, do not wait for perfect policy alignment. He points to the Bank’s Digital Securities Sandbox — a testing ground for distributed ledger technology in capital markets — as a case in point: enthusiasm within the Bank has not translated into enthusiasm among firms, many of whom see sandbox participation as costly in time and resources with an unclear payoff. Without a credible bridge from experimentation to real-world deployment, he argues, elegant regulatory frameworks risk attracting interest without retaining commitment.

That tension between innovation and caution is playing out concretely in the banking sector itself. In August, the UK’s Crypto and Digital Assets APPG wrote directly to the chief executives of every major British bank, demanding explanations for why crypto and digital asset firms continue to struggle to open basic bank accounts. The letter, signed by co-chairs Gurinder Singh Josan and Lord Vaizey of Didcot, cited persistent reports of firms being shut out of banking services or having crypto-related payments restricted outright — even as the UK moves toward a comprehensive regulatory regime for the sector.

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The APPG’s language was blunt: banking access, the letter said, “could be one of the single biggest barriers to growth” for UK crypto businesses, with the potential to undermine the very regulatory regime the government is trying to build and to influence whether firms choose to invest in Britain at all. Notably, the group acknowledged that banks have legitimate obligations to guard against financial crime, but argued that decisions should be based on individual firms’ risk profiles rather than blanket sector-wide exclusion. That view echoes an assurance given in Parliament back in March by Economic Secretary to the Treasury Lucy Rigby, who told MPs that firms authorized by the Financial Conduct Authority should not face banking restrictions simply for operating in crypto.

The letter is now feeding into a formal Parliamentary Inquiry into banking access for the sector, which gathered written evidence from banks, crypto businesses and regulators through the end of August before a report and recommendations to government.

Taken together, these developments capture an industry at an awkward but consequential midpoint. In the United States, a heavyweight institution like Morgan Stanley is quietly normalizing crypto exposure across trading platforms, exchange-traded products and now dedicated research infrastructure, treating stablecoins and tokenization as inevitable features of modern finance rather than fringe experiments. In Britain, meanwhile, the debate remains more elemental: not just how sophisticated the regulatory framework should be, but whether crypto businesses can even get a bank account in the first place.

Both stories point to the same underlying reality. Cryptocurrency’s next phase of growth will be determined less by technological breakthroughs than by the willingness of banks, regulators and central banks to treat digital assets as a normal, if carefully managed, part of the financial system. Wall Street appears to be answering that question with capital and infrastructure. Westminster and Threadneedle Street, for now, are still working out the terms.

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Iran War Polymarket Odds: $33.5M Placed on a 2027 Blockade End

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Iran War Polymarket odds for an end to the Hormuz blockade put a 74.5% chance on a qualifying U.S. announcement by March 31, 2027

Iran War Polymarket odds price a US announcement ending the naval blockade of Iran no earlier than March 31, 2027, with the contract trading at 74.5% Yes to 25.5% No as of mid-morning on Tuesday, 29 September, according to live pricing on the platform.

The event has logged over $33M in cumulative volume since launch, and the highest-priced outcome sitting nine months out raises an obvious question: if US-Iran talks are genuinely progressing, why is the smart money betting on delay rather than a near-term resolution?

Iran War Polymarket odds for an end to the Hormuz blockade put a 74.5% chance on a qualifying U.S. announcement by March 31, 2027
SOURCE: Polymarket

Got a Gut Feeling? It Could Pay Out Big on Polymarket

Iran War Polymarket Odds: What is the Diplomatic Backdrop Traders Are Watching?

Pricing is influenced by ongoing negotiations, as Reuters reported on September 24. U.S. and Iranian negotiators are considering a phased deal where Tehran would reopen the Strait of Hormuz in exchange for lifting the U.S. economic blockade. Both sides are hesitant to yield leverage; the U.S. maintains economic pressure, while Iran controls a key shipping artery for global oil.

However, current conditions do not trigger resolution under market rules. Polymarket specifies that only official announcements from the U.S. government can count for contract resolution, excluding speculation or conditional statements.

This discrepancy between market sentiment and strict legal requirements is causing outcome expectations to shift later in the timeline. Observers can also see how the Iran-U.S. ceasefire proposal is affecting Bitcoin price expectations, reflecting broader risk sentiment.

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What the Full Ladder of Contracts Actually Shows

Polymarket’s blockade market features multiple deadline contracts that gauge the odds of a qualifying announcement on specific dates. These contracts can’t be combined into a single event probability, as each one represents a distinct bet.

Together, they suggest traders expect the diplomatic process to extend beyond the current news cycle. Once a qualifying announcement is made, it resolves as “Yes,” even if the blockade later continues or if a partial concession is made; such concessions do not qualify.

This distinction is important, as past U.S.-Iran ceasefire agreements have quickly unraveled, reflecting a tendency for narrower resolutions, similar to market bets on the Bab-el-Mandeb Strait, which require specific triggers for resolution.

Got a Gut Feeling? It Could Pay Out Big on Polymarket

Total volume across the event stands at $33,486,973, with liquidity of $519,322 as of the last update at 09:07:57 UTC Tuesday. The March 31, 2027 contract – the current price leader – carries relatively thin volume of just $24,290, meaning its 74.5% Yes print reflects a smaller pool of capital than the headline number suggests.

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The heaviest trading has run through nearer-dated contracts already priced for near-certain No outcomes: the September 30 deadline alone has drawn $5,238,179 in volume against a mere 3.3% Yes price, and October 31 has seen $2,604,557 change hands at 24.5% Yes.

December 31 sits between the two extremes at $2,596,836 in volume and 57.9%. Yes. That distribution suggests most capital has already been deployed betting against a quick resolution, leaving the March contract as a comparatively low-conviction, low-liquidity outlier at the top of the ladder, a dynamic worth weighing against how Polymarket’s NATO-related contracts have similarly shown thin markets producing headline-grabbing but fragile probability prints.

The post Iran War Polymarket Odds: $33.5M Placed on a 2027 Blockade End appeared first on Cryptonews.

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Ari Paul says Coinbase lost his $25M, covered up $1B in hacks

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Ari Paul says Coinbase lost his $25M, covered up $1B in hacks

BlockTower Capital founder Ari Paul has accused Coinbase of losing $25 million of his company’s funds while covering up over $1 billion worth of “massive and repeated hacks.”

Paul claims that at least a dozen firms are affected by the alleged cover-up, and that Coinbase “still wouldn’t return our money.”

He also claims that these major allegations are all he can say at the moment as there are “multiple legal processes still ongoing.”

Read more: Coinbase and Brian Armstrong are threatening to leave California… again

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BlockTower Capital is a crypto and traditional asset investment firm founded in 2017 by Paul and Goldman Sachs executive, Matthew Goetz.

Two executives left the company in 2022 and 2023 for mysterious reasons, while the company also shuttered its $100 million Market-Neutral Fund in 2023.

Coinbase claims it isn’t covering up hacks

When asked for comment, Coinbase directed Protos to a support post that claimed the exchange “is not hiding a series of hacks and we certainly didn’t lose $1 bilion.”

It said that it advises customers on security practices like maintaining their API keys, and that like most other firms that offer access via API keys, “we do not retain the information necessary to transact on customer accounts.”

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Coinbase refused to comment on specific clients.

Coinbase allegations made against Cobie

Paul was responding to a series of posts shared by Cobie, a prominent crypto investor who became a glorified customer support representative for Coinbase.

Cobie was pointing out to X user “Kuno” that they’d been ignoring the crypto exchange’s attempts to reach out to them. 

Kuno, on the other hand, claimed they repeatedly approached Coinbase over $1.2 million it had allegedly stolen. 

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Cobie noted that Kuno was promoting a “shitcoin” and that the whole affair looks like “an entirely fake/scam report/engagement farm.”

Cobie hasn’t responded to Paul’s allegations at the time of writing.

Coinbase sued over $55M draining hack

Coinbase was sued back in May for allegedly withholding a portion of $55 million in crypto that was stolen in a draining hack in August 2024. 

The victim claims he lost his crypto after clicking on a malicious link that spoofed Ethereum DeFi management tool “DefiSaver.”

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Read more: Coinbase CEO admits content coins were a mistake

From here, he unknowingly authorized a smart contract permission that supposedly gave the thieves control of his crypto wallets.

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Chainlink surges 6% after CCIP 2.0 launch, but $15 resistance tests LINK rally – CoinJournal

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Chainlink surges 6% after CCIP 2.0 launch, but $15 resistance tests LINK rally - CoinJournal

Key takeaways

  • LINK rose about 6% while much of the crypto market retreated, extending its reported 30-day gain to 30.3%.
  • Chainlink’s CCIP 2.0 launch gives institutions the option to add their own cross-chain transaction verifiers.
  • LINK met resistance near $15, while the supplied chart analysis identifies $12-$13 as a potential support zone.

Chainlink’s LINK token outperformed a weaker crypto market following the launch of Cross-Chain Interoperability Protocol (CCIP) 2.0. 

The token gained about 6% in the session described in the supplied analysis, taking its 30-day advance to 30.3% and its year-to-date return into positive territory.

The upgrade gives financial institutions more control over transactions that move data or assets between blockchains. 

Traders appeared to welcome the announcement, though LINK’s approach to $15 brought a technical test after its recent rally.

CCIP 2.0 adds institution-operated verifiers

Cross-chain transfers require a way to confirm that an action occurred on one blockchain before a corresponding action is completed on another. CCIP provides that communication layer. 

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With version 2.0, institutions and asset issuers can add Cross-Chain Verifiers to apply their own checks alongside Chainlink’s default verification network. Chainlink says starter kits will let users run those verifiers on infrastructure including Amazon Web Services and Google Cloud.

The added checks could matter to firms with internal security or compliance requirements. An issuer, for example, may want a transfer to proceed only after its own verifier has approved it. 

CCIP 2.0 also offers configurable compliance controls, fees, and execution options, allowing users to choose how a transaction is checked and completed. These features are optional; Chainlink says its existing verification network remains the default.

Speed is another part of the upgrade. CCIP 2.0 supports faster-than-finality transfers where a user’s chosen risk settings permit them. 

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Chainlink also says it is working to support Ethereum’s Fast Confirmation Rule when that feature launches. Its future integration should not be treated as a speed improvement already available for every Ethereum transfer.

The supplied market analysis reported an 89% jump in LINK trading volume following the CCIP 2.0 announcement. 

Higher volume shows that more tokens changed hands during the move, but it does not, by itself, show whether buyers will remain in control.

The same analysis cited a recovery in Chainlink’s total value secured from about $43 billion in June to $57 billion in August. That metric describes value associated with assets using Chainlink services; it is distinct from revenue earned by Chainlink or the market value of the LINK token.

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The product announcement gives traders a reason to reassess Chainlink’s role in institutional blockchain infrastructure. Even so, a network upgrade does not automatically create immediate demand for LINK. Adoption, usage, and the broader market’s direction will matter to whether the price move lasts.

Can LINK break above $15?

LINK’s advance encountered selling pressure near $15, a level the supplied daily-chart analysis identifies as immediate resistance. 

It also noted a bearish divergence in the relative strength index: price strengthened while the momentum reading weakened. Such a signal can precede a pause or pullback, although it does not establish that one must occur.

If LINK retreats, the analysis places a possible support zone at 12–13. Holding that area could leave the broader recovery intact, while a decisive break below it would weaken the bullish setup.

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LINK/USD Daily Chart

A sustained move above $15 would shift attention toward higher levels, including the article’s $20 upside scenario. From $12, a rise to $20 would be roughly 67%, but that percentage describes a hypothetical entry and exit, not an expected return. 

For now, the clearest test is whether LINK can absorb selling around $15 while maintaining support if the wider crypto market remains under pressure.



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Bitcoin beats gold, surge to $100,000 in play: Crypto Daily

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Bitcoin beats gold, surge to $100,000 in play: Crypto Daily

BTC’s move above $80,000 has triggered a “double-bottom breakout,” a technical analysis pattern confirming a bullish trend and opening the door for a rally to $100,000, according to Jurrien Timmer, director of global macro at Fidelity Investments.

“Bitcoin is looking particularly interesting here as it challenges key resistance at $80k. If it breaks it will confirm a double bottom targeting $100K,” Timmer wrote on X on Friday.

A double bottom looks like the letter W on a price chart. The price drops to a low, bounces, falls back to roughly the same level, then rises again. The two dips show buyers stepping in at the same price twice. The peak in the middle of the W acts as resistance. A break above it suggests sellers have run out of steam and a new uptrend may be starting.

Timmer’s chart shows bitcoin’s two lows this year at $60,033 and $57,742, with the middle peak near $82,800.

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Chart patterns are not guarantees. Breakouts often fail, reversing quickly and trapping buyers who chased the move.

Still, the bullish setup is consistent with options traders positioning for more gains. The $90,000 call is the most popular bitcoin options bet on crypto exchange Deribit, with $2.45 billion in open interest. The $95,000 call follows with $2.33 billion, and the $100,000 call holds $1.79 billion. A call gives the buyer the right to buy at a set price and profits when the market rises above it.



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XRP Price in Danger: Positive Funding Masks a Fragile Setup

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XRP price trades near $1.49 as positive funding meets futures selling, with $1.37 support and $1.57 resistance shaping the next move.

XRP price hovers under $1.49 after three consecutive daily declines left the token losing the $1.50 support, even as a modest bounce pulled it off session lows. CoinGlass data showed the long-to-short ratio at 0.975, meaning short positions marginally outnumbered longs, while the funding rate sat at a positive 0.008%, the reading that determines whether long or short traders pay a periodic fee to hold perpetual futures.

XRP price trades near $1.49 as positive funding meets futures selling, with $1.37 support and $1.57 resistance shaping the next move.

XRP Long Short Ratio, Coinglass

That combination is the crux of the problem. Traders are still paying to stay long, yet the spot price has not moved in a way that rewards the bet, and the disconnect between heavy spot selling and futures demand is the setup that tends to unwind fast once a key level gives way.

A 0.975 long-to-short ratio is not a bearish signal in any decisive sense. It sits close enough to 1.0 that it reads as near-balanced positioning rather than a market leaning hard in either direction.

XRP price trades near $1.49 as positive funding meets futures selling, with $1.37 support and $1.57 resistance shaping the next move.

XRP Funding Rate, Coinglass

Funding tells a more interesting story on its own. A positive rate means demand for long exposure in crypto derivatives is real enough that longs are compensating shorts to hold the position, which typically signals conviction that price moves higher.

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However, it cuts both ways: if price falls further, those same leveraged longs become forced sellers, and a positive funding regime built on thin spot demand can flip into a liquidation cascade faster than one built on genuine accumulation.

CryptoQuant’s summary data flagged overheating conditions across both XRP’s spot and futures markets, alongside sell-side dominance in futures, meaning sellers have retained the upper hand in derivatives even as funding stays positive. That is the missing piece: positive funding shows traders are willing to hold bullish exposure, but it has not yet translated into enough buying pressure to absorb the futures selling and push through resistance. Earn $50 and Enter $300K Prize Draw on EdgeX

XRP Price and the $1.37 Support

The daily chart still leans bullish on a longer timeframe. XRP held above its 50-day price exponential moving average near $1.365 and its 200-day EMA near $1.369 through the three-day slide, with the 100-day EMA sitting lower at $1.307 as a secondary reference.

Momentum has cooled rather than reversed. The RSI sat near 55, close to neutral, and the MACD flattened around zero, a pattern consistent with consolidation after an earlier advance rather than an active breakdown.

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The level that matters most sits at $1.37, where the 50-day and 200-day EMAs converge into a single support band. A clean break below that zone opens the $1.30 area, and a deeper slide would eventually put the $1.00 psychological level in play, though XRP would need to fall substantially before that becomes the immediate focus. On the upside, reclaiming the $1.574 resistance level is the trigger that would strengthen the case for a move toward $1.90.Trade XRP on Bybit and Get a Chance to Win Our $1,000 USDT Airdrop

What Happens Next for XRP?

Two scenarios frame the near-term path. If XRP holds the $1.37 zone, the market stays in a consolidation phase where positive funding continues to reflect trader appetite for long exposure, but that alone won’t confirm a breakout without a corresponding rise in open interest and spot volume.

Xrp (XRP)
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If XRP price instead reclaims $1.574, the technical case for a run toward $1.90 gets meaningfully stronger, and that move would likely force shorts to cover into strength. The alternative is a sustained break below $1.37, which shifts focus to $1.30 as the next line of defense, with $1.00 as the deeper level only if that support also fails.

Either way, the current setup leaves no room for complacency on either side of the trade. Near-balanced positioning combined with positive funding and futures sell-side dominance is a fragile mix, and the next move in spot price will do more to settle the argument than another shift in the long-short ratio.

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The post XRP Price in Danger: Positive Funding Masks a Fragile Setup appeared first on Cryptonews.


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