Rwanda Bill causing migrants to head for Ireland instead of UK, deputy PM says
The threat of deportation to Rwanda is causing migrants to head for Ireland instead of the UK, Ireland’s deputy prime minister has said.
The Rwanda Bill, which will see asylum seekers “entering the UK illegally” sent to the central African nation – regardless of the outcome of their application – was passed on Tuesday, despite human rights concerns.
Micheal Martin told The Daily Telegraph that the policy was already affecting Ireland, as people were “fearful” of staying in the UK.
The former Taoiseach said: “Maybe that’s the impact it was designed to have.”
Mr Martin, who is also Ireland’s foreign secretary, said asylum seekers were seeking “to get sanctuary here and within the European Union as opposed to the potential of being deported to Rwanda”.
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His words follow those of justice minister Helen McEntee, who told a scrutiny committee in the Irish parliament earlier this week that migrants and refugees were crossing the border with Northern Ireland.
Ms McEntee said “higher than 80%” of people seeking asylum in Ireland entered the country through Northern Ireland, a border crossing that is open as guaranteed under a UK-EU Brexit treaty.
It comes amid increasing tension over immigration levels in Ireland, which is grappling with a housing crisis that has affected its own people as well as asylum seekers.
Overnight, six people were arrested during a protest at a site earmarked to house asylum seekers in Newtownmountkennedy in Co Wicklow.
Gardai said officers came under attack after workers were brought onto the site, suffering “verbal and physical abuse throughout the day, which escalated into rocks and other missiles being thrown this evening”.
Fires were lit, an axe was found and officers were “forced to defend themselves” with incapacitant spray, helmets and shields.
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Three patrol cars were also damaged.
Irish broadcaster RTE said protesters accused gardaí of using unnecessary force, and intimidating and aggressive tactics against a legitimate and peaceful protest.
According to RTE, there have been protests during the past six weeks at the site, known as Trudder House or River Lodge.
It is reportedly being considered as a site for 20 eight-person tents housing asylum seekers but some locals have said it is unsuitable and the village’s resources are already over-stretched.
Ms McEntee said there was “a lot of misinformation about migration at the moment”.
She tweeted late on Thursday to promote the EU Migration and Asylum Pact, which she described as “a real game changer” and “something we must opt into”.
Crypto entrepreneurs and their families in France will receive enhanced security measures amid a recent rise in crypto-related kidnappings in the country, Politico reported.
According to the May 16 report, the measures include priority access to police emergency lines, home security assessments, and safety briefings from French law enforcement to ensure best practices are being followed.
France’s Interior Minister Bruno Retailleau introduced the security measures as part of a broader effort to counter the recent wave of attacks.
“These repeated kidnappings of professionals in the crypto sector will be fought with specific tools, both immediate and short-term, to prevent, dissuade and hinder in order to protect the industry.”
Law enforcement officers will also undergo “anti-crypto asset laundering training,” Retailleau noted.
Retailleau met with several local leaders from the crypto industry to discuss the measures following three crypto-related kidnapping incidents in recent months.
Two kidnappings and a failed attempt in France this year
The latest incident occurred on May 13, when assailants attempted to abduct the daughter and grandson of Pierre Noizat, CEO of the French crypto platform Paymium. Fortunately, they managed to fend off the attack, which occurred in broad daylight.
The assailants tried to force the pair into a waiting van, but Noizat’s daughter managed to take one of the guns off an assailant and throw it away, local police said.
En plein Paris, un homme a été violenté par des individus cagoulés, habillés tout en noir. Ils tentaient de l’enlever. Un homme a surgi, extincteur à la main, pour les faire fuir. →https://t.co/P0qV6PR40v pic.twitter.com/9f4r2Gi7ho
— Le Figaro (@Le_Figaro) May 13, 2025
On May 3, Paris police freed the father of a crypto entrepreneur who was held for several days in connection with a 7 million euros ($7.8 million) kidnapping plot.
Related: SEC hacker sentenced to 14 months in prison
In January, the co-founder of crypto hardware wallet provider Ledger, David Balland, was abducted from his home in central France during the early hours of Jan. 21. He was held captive until a police operation on the night of Jan. 22 secured his release.
Retailleau said earlier this week that he believes the incidents were likely connected.
There have been over 150 crypto-related robbery or kidnapping incidents since 2014, with 23 of those incidents occurring in 2025 alone, according to a GitHub database maintained by Bitcoin cypherpunk Jameson Lopp.
Lopp noted many of these criminals typically identify future victims through social media posts, public conversations, meetups, and conferences.
He strongly advises against peer-to-peer trades — particularly with people you don’t trust — flaunting wealth on social media and wearing crypto-branded clothing.
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News broke on May 15 that Coinbase was the target of a $20 million extortion attempt after cybercriminals recruited overseas support agents to leak user data for social engineering scams.
While less than 1% of Coinbase’s active monthly users were reportedly affected, the expected remediation and reimbursement expenses range from $180 million to $400 million, as the exchange pledged to repay all phishing attack victims.
Despite the attack on the world’s third-largest cryptocurrency exchange, investor sentiment remains optimistic, with the Fear & Greed Index remaining firmly in the “Greed” zone above 69, according to CoinMarketCap data.
Adding to investor optimism, Coinbase saw over $1 billion worth of Bitcoin withdrawn on May 9, marking the highest net outflow recorded in 2025 so far, triggering analyst predictions of a supply-shock driven Bitcoin rally.
Coinbase faces $400 million bill after insider phishing attack
Coinbase was hit by a $20 million extortion attempt after cybercriminals recruited overseas support agents to leak user data, the company said on May 15.
Coinbase said a group of external actors bribed and coordinated with several customer support contractors to access internal systems and steal limited user account data.
“These insiders abused their access to customer support systems to steal the account data for a small subset of customers,” Coinbase said, adding that no passwords, private keys, funds or Coinbase Prime accounts were affected.
Less than 1% of Coinbase’s monthly transacting users’ data was affected by the attack, the company said.
After stealing the data, the attackers attempted to extort $20 million worth of Bitcoin (BTC) from Coinbase in exchange for not disclosing the breach. Coinbase refused the demand.
Instead, the company offered a $20 million reward for information leading to the arrest and conviction of those responsible for the scheme.
$1 billion Bitcoin exits Coinbase in a day as analysts warn of supply shock
Institutional demand for Bitcoin is growing, as Coinbase, the world’s third-largest cryptocurrency exchange, recorded its highest daily outflows of Bitcoin in 2025 on May 9.
On May 9, Coinbase saw 9,739 Bitcoin, worth more than $1 billion, withdrawn from the exchange, the highest net outflow recorded in 2025, according to Bitwise head of European research André Dragosch.
“Institutional appetite for Bitcoin is accelerating,” Dragosch added in a May 13 X post.
The outflow occurred as Bitcoin traded above $103,600 and just days after the White House announced a 90-day reduction in reciprocal tariffs between the US and China, easing market concerns and lifting broader investor sentiment.
The 90-day suspension of additional tariffs removed the risk of “sudden re-escalation,” which may help Bitcoin, altcoins and the wider stock market rally due to improved risk appetite, Nansen’s principal research analyst, Aurelie Barthere, told Cointelegraph.
DeFi lender Aave reaches $40 billion in value locked onchain
Aave, a decentralized finance (DeFi) protocol, has reached a new record of funds onchain, according to data from DefiLlama.
In an X post, Aave said it topped $40.3 billion in total value locked (TVL) on May 12. Onchain data reveals that Aave v3, the latest version of the protocol, has about $40 billion in TVL.
Aave is a DeFi lending protocol that lets users borrow cryptocurrency by depositing other types of cryptocurrency as collateral. Meanwhile, lenders earn yield from borrowers.
“With these milestones, Aave is proving its dominance in the Lending Space,” DeFi analyst Jonaso said in a May 12 X post. TVL represents the total value of cryptocurrency deposited into a protocol’s smart contracts.
SEC delays Solana ETF as decisions for Polkadot, XRP loom
The US Securities and Exchange Commission (SEC) pushed back its decision on a proposed spot Solana exchange-traded fund (ETF), with the cryptocurrency industry now looking to the deadlines for the Polkadot and XRP-based ETFs in June.
The SEC delayed its decision on listing Grayscale’s spot Solana (SOL) Trust ETF on the New York Stock Exchange (NYSE) to October 2025, according to a May 13 filing by the securities regulator.
The decision came the week after the SEC delayed its ruling on Canary Capital’s Litecoin (LTC) ETF, Bloomberg Intelligence analyst James Seyffart wrote in a May 5 X post.
Spot ETFs are key drivers of liquidity and institutional adoption for digital assets. For Bitcoin, the US spot Bitcoin ETFs accounted for an estimated 75% of new investment after launching, which helped BTC recapture the $50,000 mark in February 2024, a month after the ETFs debuted for trading.
While a Solana ETF may generate only a fraction of the inflows of Bitcoin ETFs, it could increase Solana’s institutional adoption in the long term by offering investors a “regulated investment vehicle” that may still attract billions of dollars in capital, Ryan Lee, chief analyst at Bitget Research, told Cointelegraph.
Starknet hits “Stage 1” decentralization, tops ZK-rollups for value locked
Ethereum layer-2 scaling platform Starknet has reached a decentralization milestone laid out by Ethereum co-founder Vitalik Buterin and is now the largest zero-knowledge rollup-based network by total value locked.
Starknet said in a news release shared with Cointelegraph that it has hit “Stage 1” decentralization, according to a framework Buterin laid out in 2022, which means the network operates with limited oversight or “training wheels.”
Starknet added that the framework was the “gold standard onchain tool for analyzing Ethereum scaling solutions,” and said it achieved the milestone through changes such as creating a security council and censorship-avoidance mechanisms.
While the system still allows intervention from a security council, it has implemented a fully functional validity proof system governed by smart contracts.
Starknet is now the only layer-2 ZK-rollup network to have reached Stage 1 and has grown to be the largest ZK-rollup blockchain with a total value locked of $629 million, just ahead of ZKsync’s $610 million, according to L2beat.
Starknet is the fifth-largest layer-2 network by value locked, with the top four all Optimistic rollup-based, having reached Stage 1 decentralization using fraud proofs.
DeFi market overview
According to data from Cointelegraph Markets Pro and TradingView, most of the 100 largest cryptocurrencies by market capitalization ended the week in the green.
Solana-based memecoin Dogwifhat (WIF) rose over 43% as the week’s biggest gainer, followed by decentralized exchange Raydium’s (RAY) token, up nearly 19% over the past week.
Thanks for reading our summary of this week’s most impactful DeFi developments. Join us next Friday for more stories, insights and education regarding this dynamically advancing space.
Terminally ill journalist Dame Esther Rantzen was branded “disrespectful” and “insulting” by MPs during a debate on the assisted dying bill.
The broadcaster and Childline founder wrote to all MPs ahead of Friday’s Commons’ debate urging them to vote for what she called a “crucial reform”.
MPs were voting on amendments made to the bill – the report stage – following months of a committee going line by line through it after being introduced last year by Labour MP Kim Leadbeater.
The bill says people with six months to live who have the mental capacity can request medical assistance to legally end their life.
Dame Esther, who has stage four lung cancer, suggested many MPs who opposed the bill have “undeclared personal religious beliefs which mean no precautions would satisfy them”.
Campaigners opposing the legislation demonstrated outside parliament. Pic: PA
However, in a highly charged Commons session, some MPs took umbrage with that.
Labour MP Florence Eshalomi, who is a Christian and voted against the bill the first time, told the Commons: “This is frankly insulting to disabled people, hard working professionals up and down the country, who have raised many valid concerns about this bill, to have it dismissed as religious beliefs.”
Jess Asato, a Labour MP who, as a child, cared for her grandmother with serious health problems, said Dame Esther “accused those of us who have concerns about the bills as having undeclared religious beliefs”.
“Many colleagues found this distasteful and disrespectful,” said the MP, who previously voted against the bill.
Health Secretary Wes Streeting, who voted against the bill last year, backed Ms Asato’s criticism as he retweeted her X post saying Dame Esther’s comment about faith was “particularly distasteful”.
Ms Asato’s Commons comment was met with agreement by many MPs who said: “Hear, hear.”
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Pro-assisted dying campaigners outside parliament on the eve of Friday’s debate. Pic: AP
‘Clumsy criticism’
Conservative MP Dr Kieran Mullan said there had been some “unhelpful remarks by high profile campaigners”, and while he is not religious he was “concerned to see a clumsy criticism” that those objecting to the bill are doing so because of their “religious beliefs”.
In a dig at Dame Esther’s comments, Rebecca Paul, Tory MP for Reigate, said she is not against assisted dying “in principle” but is against the bill – and wanted to put on the record: “I have no personal religious beliefs.”
The debate saw some MPs on the verge of tears as they described their own experiences of having debilitating conditions, or having family members in pain.
MPs do not have to vote along party lines for the bill.
Kim Leadbeater is the MP who introduced the bill
How did MPs vote?
An amendment tabled by Ms Leadbeater, which “expands the protection” for medical practitioners to clarify they have “no obligation” to be part of an assisted death was passed by MPs.
It also provides legal protections for medical professionals to ensure they are not subject to any kind of punishment for refusing to carry out an assisted death.
Another new clause to allow employers to impose a blanket ban on staff facilitating an assisted death was rejected.
Since the bill was first introduced, there have been significant changes, including the replacement of a High Court judge to sign assisted dying off by a three-member expert panel – on top of two doctors having to approve.
The time at which assisted dying would come into effect was doubled to four years from when it becomes law, if voted through.
Medical colleges pull support
Opponents have argued the bill does not have enough safeguards and is being rushed through.
Three days before the debate, the Royal College of Psychiatrists pulled its support for the bill over the change that will mean a psychiatrist must be on the panel that decides if someone can die.
The next day, the Royal College of Physicians (the largest college) adopted a similar position.
However, supporters argue it is time to change the law, with Ms Leadbeater saying: “If we do not vote to change the law, we are essentially saying that the status quo is acceptable.”
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