U.K.'s Farage faces standards probe over $6.7 million gift from Tether billionaire Christopher Harborne
U.K. politician Nigel Farage faces a parliamentary standards probe after failing to declare a £5 million ($6.7 million) gift from Tether billionaire Christopher Harborne before his 2024 election. Farage claims the funds covered security costs, but the Conservative and Labour parties argue he broke Commons rules. The controversy intensifies as the U.K. government imposed a crypto donation moratorium in March, citing foreign influence risks.
Coins in this story
Explore how ETF is shaping crypto markets — aggregated stories, leading coins, and weekly momentum.
Explore narrativeRelated stories
Hyperliquid is preparing to take on Polymarket with a new way to trade real-world events
Hyperliquid is launching outcome tokens to compete with Polymarket in the booming prediction market sector, which hit $63.5 billion in trading volume in 2025. The platform charges zero fees to open positions, with costs applied only on closing or settlement. This HIP-4 upgrade enables users to trade real-world events alongside crypto assets in a single account, though mainnet launch timing remains unconfirmed.
JPMorgan’s new blockchain chief once warned that tokenization does not equal liquidity
JPMorgan appoints Oliver Harris as blockchain chief. Harris previously warned tokenization alone won't solve liquidity issues, arguing real transformation requires a unified global on-chain settlement layer merging money, assets, and data. He believes technology and regulation are now mature enough for blockchain to reshape financial markets. Harris will lead JPMorgan's Kinexys division, focusing on digital settlement infrastructure and tokenization capabilities across blockchain networks.
