Olivier Janssens’ Destiny project offered Nevis residents $100 a month if the government approves the development, triggering sharp local criticism, the Financial Times reported.
Zoltan Vardai
Zoltan Vardai is a staff writer at Cointelegraph and a breaking news reporter. He joined the publication in 2024 and covers Bitcoin, institutional cryptocurrency adoption, and Web3 regulatory developments. He also co-hosts Cointelegraph’s Chain Reaction daily X Spaces show. Vardai holds a master’s degree from Ludwig Maximilian University of Munich and previously worked as a crypto journalist at Forkast News, with additional bylines published by Yahoo Finance and the International News Media Association (INMA).
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Crypto millionaire’s Nevis project offers residents $100 a month: FT - News
Yield-bearing stablecoins surge as Washington fights over yield Yield-bearing stablecoins are growing faster than the broader market as US lawmakers remain divided over how crypto yield should be regulated.
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Sweden probes reported leak of e-government platform source code Sweden is investigating a reported leak tied to CGI Sverige after hackers claimed they exposed source code from the country’s e-government platform.
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Ark Invest sees one-third of Bitcoin supply at risk from quantum threat Ark and Unchained say about one-third of the Bitcoin supply remains exposed to future quantum threats, though the risk is still years away.
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Binance says US midterms could boost Bitcoin and stocks Binance Research says US midterms could set up a rebound for Bitcoin and stocks, though oil shocks and Middle East tensions may weigh near term.
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SlowMist introduces Web3 security stack for autonomous AI agents SlowMist introduced a layered security framework for Web3 AI agents as autonomous tools handle more onchain actions and digital assets.
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US Senate bill targets prediction markets on war and assassinations Democratic Senator Adam Schiff introduced a bill to ban prediction markets related to war, death and terrorism amid escalating insider trading concerns related to military operations.
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Aave wstETH glitch forces $27M in liquidations and compensation Capo, an external oracle solution used by Aave, triggered around $27 million in liquidations after a pricing glitch, but the lending platform said it is stepping in to cover the losses.
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Trust Wallet adds real-time scam address checks for crypto users Trust Wallet launched address poisoning protection on 32 EVM chains, adding scam address screening as wallet security pressure intensifies.
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French couple robbed of $1M in Bitcoin by criminals posing as police A French couple was forced to transfer about $1 million in Bitcoin during a fake police home invasion as wrench attacks keep rising, local media reported.
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Thailand crypto platforms freeze 10K accounts in AML crackdown: Report Thai crypto operators reportedly froze 10,000 suspected “mule accounts” as new AML checks and transfer delays took effect in a wider anti-fraud push.
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Bithumb faces possible six-month partial suspension in South Korea Crypto exchange Bithumb risks a partial business suspension for negligence around money laundering and customer verification practices, according to local media reports.
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Stablecoin payments startup Kast raises $80M at $600M valuation: Report Stablecoin banking startup Kast secured fresh funding as it looks to expand payment infrastructure across North America, Latin America and the Middle East.
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Coinbase rolls out crypto futures trading in 26 European countries Coinbase launched regulated crypto and equity index futures for Advanced users in 26 European countries as ESMA sharpens scrutiny of perpetual-style products.
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Bitcoin recovery meets DeFi tensions as Aave rift deepens: Finance Redefined Bitcoin bounced back this week as stablecoin inflows surged, and DeFi faced fresh pressure from Aave governance strife, exploits and exchange security moves.
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Crypto exchanges gain as tokenized commodity market climbs to $7.7B Demand is surging for tokenized precious metals that offer more accessibility than their traditional counterparts, with investors seeking 24/7 safe-haven asset availability.
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Judge freezes 71 Bitcoin in BlockFills case over customer fund claims A federal judge froze 70.6 Bitcoin tied to BlockFills after Dominion Capital alleged customer fund misuse and sought the return of disputed assets.
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Cardano can now be used to pay at 137 Spar stores across Switzerland Supermarket chain Spar now accepts ADA payments at 137 stores in Switzerland as crypto payment options expand in the country.
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Stablecoin inflows rebound to $1.7B as Washington battles over yield rules Messari said weekly stablecoin inflows rose 414% to $1.7 billion as debate over yield-bearing stablecoins continued to stall US crypto market structure talks.
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Strive strategist says AI deflation could push Bitcoin to $11M by 2036 Strive’s Joe Burnett argues AI-driven deflation may force looser policy, pushing Bitcoin toward $11 million a coin by 2036 and a $230 trillion market cap.
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Bybit claims new fraud system stopped $300M of risky withdrawals in Q4 2025 Bybit says most of the $300 million “saved” came from users backing out after real-time warnings, highlighting how exchanges are shifting from recovery to preemptive fraud stops.
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Kalshi, Polymarket face trading halt in Nevada after court rulings The two separate rulings add new regulatory pressure as prediction markets also face scrutiny over information advantages and suspected insider activity tied to event-driven contracts.
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White hat helps recover $1.8M after $2.3M Foom Cash exploit Foom Cash lost $2.26 million in an exploit tied to a Groth16 verifier misconfiguration, but a white hat recovered $1.84 million of the funds.
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Hong Kong, Shanghai authorities to test blockchain for cargo trade data The Hong Kong Monetary Authority and Shanghai partners will study a blockchain cross-border platform linking cargo trade data, e-bills of lading and finance under Project Ensemble.
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Bitcoin manipulation claims face pushback as ETFs snap 5-week outflow run: Finance Redefined Analysts dispute claims of a daily Jane Street Bitcoin dump as spot Bitcoin ETFs post three days of inflows and DeFi debates shift to real revenue.
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UK gambling regulator weighs allowing crypto payments for online betting Any rollout would still require strict affordability and suitability checks, and crypto activity would need FCA authorization, Gambling Commission executive Tim Miller said.
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Suspected insider wallets rack up $1.2M betting on ZachXBT’s Axiom exposé The top eight wallets on Polymarket netted over $1.2 million by betting on ZachXBT’s investigation into Axiom, raising insider trading concerns among blockchain researchers.
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Analysts reject Jane Street ‘10 a.m. dump’ claims, say Bitcoin isn’t easily manipulated Crypto traders blame Jane Street for a daily 10 a.m. Bitcoin dip after a Terraform lawsuit claimed dubious trading practices, but analysts say timing matches broader risk repricing.
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Indiana lawmakers pass crypto rights bill banning discriminatory taxes Indiana’s HB 1042 cleared both chambers and heads to Governor Mike Braun, limiting crypto-specific taxes and opening the door to crypto options for retirement accounts.
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Solo Bitcoin miner bags over $200K block reward using rented hashrate A solo Bitcoin miner hit a rare jackpot of more than $200,000 after validating a block through $75 worth of rented hashrate.