Nigel Farage, UK Reform party leader, is under investigation after receiving a £5 million personal gift from Christopher Harborne, a billionaire linked to crypto firms Tether and Bitfinex. The gift, given before the 2024 UK general election, triggered a Suspicious Activity Report by bankers, prompting inquiries by the UK's National Crime Agency and Parliamentary Standards Commissioner. The probe focuses on whether the gift should have been declared as a political donation and if it complied with anti-money laundering and electoral transparency laws. This case highlights growing scrutiny of crypto wealth influencing UK politics.
Polymarket, the largest prediction market, has upgraded its Bitcoin deposit system to use the Lightning Network powered by the Spark protocol, reducing deposit times from 10-60 minutes to under one second with near-zero fees. This change replaces the...
Tether has committed $20 million to Mercado Bitcoin, a leading Brazilian digital asset platform, to accelerate the development of tokenized financial products and blockchain-based payment solutions. This investment supports Mercado Bitcoin's expansio...
Tether has invested $20 million in Mercado Bitcoin to support the Brazilian company's expansion in tokenized assets, blockchain payments, lending, and on-chain capital markets. Mercado Bitcoin plans to use the funds to enhance its payments infrastruc...
Tether plans to bring USDT back to Bitcoin using the RGB protocol, with UTEXO leading the rollout potentially starting in July 2026. This move revives USDT's original Bitcoin roots, offering native stablecoin transactions on Bitcoin's secure UTXO mod...
Richard Heathcote, former Chief Investment Officer of Tether, is looking to sell part of his 1.26% stake in the private stablecoin company. Working with PJT Partners, the sale could reveal Tether's private market value, potentially around $50 billion...
