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U.K.'s Farage faces standards probe over $6.7 million gift from Tether billionaire Christopher Harborne

U.K. politician Nigel Farage is under investigation by the Parliamentary Commissioner for Standards due to a $6.7 million gift he received from Tether billionaire Christopher Harborne. The inquiry will assess whether the donation, made in 2021, was properly declared and if it complies with parliamentary rules. Farage has defended the gift, stating it was intended for a political campaign. The investigation comes amid ongoing scrutiny of financial dealings in politics and potential conflicts of interest. Harborne, known for his ties to the cryptocurrency industry, has previously faced criticism for his business practices.

Read the full article: CoinDesk

Bitcoin doesn’t need a fresh narrative to reclaim $100K: Analyst

A prominent analyst believes that Bitcoin does not require a new narrative to reach the $100,000 mark. The analyst argues that the cryptocurrency's fundamentals and market dynamics are strong enough to support such a price increase. They emphasize that historical trends and investor sentiment will play crucial

Ethereum Foundation sells another 10,000 ETH to BitMine in third OTC deal

The Ethereum Foundation has completed its third over-the-counter (OTC) deal by selling 10,000 ETH to BitMine. This transaction follows two previous sales, indicating a continued strategy of liquidating portions of its Ethereum holdings. The move is part of the Foundation's efforts to fund its ongoing projects and

Riot posts $167M in Q1 revenue as data center arm pulls in $33M in first quarter

Riot Blockchain reported a revenue of $167 million for the first quarter of the year, driven significantly by its data center operations, which generated $33 million. The company's financial performance reflects a strong demand for its Bitcoin mining services and infrastructure. Riot's focus on expanding its

Bitcoin above $78,000 as Senate clears Clarity Act yield hurdle, S&P 500 sets new record

Bitcoin has surpassed $78,000 following the Senate's approval of the Clarity Act, which aims to provide regulatory certainty for cryptocurrencies. This legislative progress has boosted investor confidence in the crypto market. Additionally, the S&P 500 has reached a new record high, reflecting broader market optimism.

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Bitcoin doesn’t need a fresh narrative to reclaim $100K: Analyst

Ethereum Foundation sells another 10,000 ETH to BitMine in third OTC deal

Riot posts $167M in Q1 revenue as data center arm pulls in $33M in first quarter

Bitcoin above $78,000 as Senate clears Clarity Act yield hurdle, S&P 500 sets new record