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4 Jun 2026, 17:58
Crypto billionaires push Nigel Farage and Reform UK to fundraising lead
The Reform UK party raked in £9.3 million in private donations during the first three months of 2026, which is more than double what either the Labour or the Conservative parties managed, according to Electoral Commission figures published on Thursday, June 4. Two cryptocurrency investors, Ben Delo, co-founder of the BitMEX trading platform, and Christopher Harborne, a British-Thai investor based in Thailand and an early backer of Tether, were responsible for the bulk of the donations that went to Reform UK. Delo reportedly gave up to £4 million across two payments in January and March, while Harborne contributed just over £3 million in a single donation that was made in January. Despite the contentious nature of crypto-linked political funding, Nigel Farage’s party has now topped UK fundraising for three consecutive quarters. Cryptopolitan has previously reported on the growing entanglement between crypto wealth and British politics, including Harborne’s history of large donations to Farage, his party, and Farage’s own £2 million Bitcoin purchase through Stack BTC Plc, a UK-listed treasury firm in which he holds a 6.31% stake. Who donated to Reform and other UK parties? The Labour Party received £4 million in donations, with the largest individual contributions coming from Lord David Sainsbury and Gary Lubner, both of whom contributed £550,000 each. The Conservatives received £4.2 million in donations in the first quarter, with a £1.1 million contribution coming from a donor named Mary V Doran. The other donations that went to Reform came from David Grainger, an investor in health and longevity, and Navroz Udwadia, co-founder of the investment firm New Wave Global, who was a first-time contributor. Registered parties in the UK received a total of £24.7 million in the first quarter of 2026, and this is a 214% increase over the same period last year. The donors under the microscope Harborne has an estimated fortune of £18.2 billion, most of which was through crypto-adjacent investments, including a stake in Tether. His cumulative donations to Reform over the past year are now more than £15 million. Delo has a more complicated public record as he pleaded guilty in 2022 to violating the US Bank Secrecy Act for failing to maintain adequate anti-money-laundering controls at BitMEX. He received 30 months’ probation; however, he was pardoned by President Donald Trump last year. Delo wrote in the Daily Telegraph in April that he entered politics to try “to save Britain before decline becomes irreversible” and is reportedly planning on relocating from Hong Kong to the UK. Farage’s £5 million problem Apart from the donations entering Reform, Farage has also taken donations in the past, and one of them is currently proving to be a headache. The Reform leader is currently facing an investigation by the Parliamentary Standards Commissioner over a £5 million personal gift from Harborne before the 2024 general election. Parliamentary rules require members (MPs) to declare all donations that are relevant to their political life from up to a year before taking office. At first, Farage stated that the funding was for lifetime personal security. Later on, he called it a “reward” from Harborne for his Brexit campaigning. Reform says that the money qualifies as a personal gift and does not require declaration. Prime Minister Keir Starmer pressed Farage on the matter during the Prime Minister Questions session, asking, “Why is the leader of Reform dodging questions about his donation and why did he keep it secret in the first place?” If the standards investigation results in a suspension of 10 sitting days or more, it could trigger a recall petition and force Farage into a by-election for his Clacton seat. What is the UK government’s position on crypto donations? In March, the Labour government announced that it would impose a moratorium on cryptocurrency donations to political parties and also cap overseas donor contributions at £100,000. At the time of that announcement, Reform UK was the only British party to have accepted crypto donations. The Electoral Commission’s Jackie Killeen said the UK’s political finance system “has high levels of transparency” but acknowledged “parts of the system that need strengthening,” pointing to proposed reforms in the Representation of the People Bill. Don’t just read crypto news. Understand it. Subscribe to our newsletter. It's free .
4 Jun 2026, 17:24
Apple to use Google's Nvidia processors for planned Siri revamp
Tech giant Apple is furthering plans to power its Siri assistant revamp using Nvidia’s Blackwell B200 processors hosted in Google’s data centers, which points to a U-turn from the company’s regular strategy of having control over its entire tech stack. The announcement is expected to come alongside a preview of iOS 27 and the initial views of a redesigned and overhauled Siri assistant after an almost 2 year delay, at Apple’s Worldwide Developers Conference keynote on June 8. Apple turns to outside infrastructure, raising privacy concerns During Apple Intelligence’s unveiling at WWDC 2024, senior vice president Craig Federighi stressed that cloud-based AI queries would run exclusively on Apple’s own servers through a system called Private Cloud Compute (PCC). This system, built on Apple’s Mac-series silicon, was designed to process prompts without keeping user data or allowing it get into the hands of third parties. Two years later, things appear to be taking a different route. The tech giant attempted to run a modified version of Google’s Gemini model on its Private Cloud Compute infrastructure but found the performance too slow to be practical, according to The Information’s reporting. The company will instead direct cloud-based Siri queries through Google’s collection of Nvidia Blackwell B200 data center chips. To address the obvious privacy concern, the tech firm will enable Nvidia’s hardware-based confidential compute feature on the chips the company plans to use. The confidential compute technology encrypts user data as it is processed on cloud, a safeguard meant to further guarantee privacy beyond only Apple’s hardware. It remains unclear how this new flow would work with the existing Private Cloud Compute branding, however, MacRumors reported that there is a high chance Apple keeps the PCC name regardless of the change. Nvidia comes out on top This new arrangement stresses the scale of Nvidia’s dominance in AI infrastructure. It represents a lot if even Apple, a company with $3 trillion in market capitalization and its own custom chips and processors design team, needs Blackwell chips to run competitive LLMs at scale. The B200 processors, which succeeded Nvidia ‘s Hopper architecture in 2024, were built specifically to accelerate and improve LLM training and inference. A 2025 rumor that Apple was purchasing 250 Nvidia NVL72 servers at roughly $4 million each is now beginning to look very credible in light of this report. Revamped Siri’s features The upgrades and overhaul planned for the Siri assistant represent the biggest change to Siri since its launch in 2011. A lot of features were first promised in 2024, including the ability to understand personal context and analyze on-screen content on iPhones and iPads, and these are finally expected to arrive. Siri is also expected to get a dedicated app designed to compete directly with ChatGPT, Claude, and other popular generative AI assistants. The assistant will also move into the iPhone’s Dynamic Island, and users will gain the ability to swipe down from the center of the screen to start a conversation, Yahoo Tech reported . Apple is targeting a September release for the updated Siri, which aligns with the expected launch of iOS 27. The WWDC 2026 keynote begins at 10:00 a.m. Pacific on Monday, June 8. The Siri overhaul is expected to be a centerpiece of the presentation alongside iOS 27, macOS updates, and even more Apple Intelligence improvements. The smartest crypto minds already read our newsletter. Want in? Join them .
4 Jun 2026, 16:53
XRP surges as CLARITY Act enters US Senate agenda
🚨 CLARITY Act just reached the US Senate agenda, sparking momentum in $XRP. 📊 Investors see clear regulations as a door to broader crypto adoption. 🌎 XRP’s appeal rises as institutional access looks set to expand. Continue Reading: XRP surges as CLARITY Act enters US Senate agenda The post XRP surges as CLARITY Act enters US Senate agenda appeared first on COINTURK NEWS .
4 Jun 2026, 15:40
South Korean Police Investigate Polymarket Users for Gambling, Lawyer Warns
BitcoinWorld South Korean Police Investigate Polymarket Users for Gambling, Lawyer Warns South Korean authorities have escalated scrutiny of decentralized prediction market platform Polymarket, with the Gangwon Provincial Police Agency actively investigating users on suspicion of gambling. Han Chang-bo, a representative lawyer at Law Office Jonjung and a former prosecutor specializing in gambling cases, confirmed the development in a recent blog post. He stated that the agency’s Cyber Investigation Division is tracking users’ cryptocurrency transaction histories to identify individuals and is issuing summonses sequentially. Current Status of the Investigation Han explained that he recently attended a suspect interrogation for a client who was summoned in connection with these charges. According to his account, the Gangwon police are currently treating Polymarket activity as gambling under South Korean law. The case is expected to be transferred to the Chuncheon District Prosecutors’ Office upon completion of the investigation. However, Han emphasized that neither prosecutors nor the courts have yet made a definitive ruling on whether using Polymarket constitutes a gambling offense under South Korea’s criminal code. Legal Uncertainty and Risks for Users The investigation highlights the ongoing legal ambiguity surrounding prediction markets in South Korea. While the police are treating the activity as gambling, the absence of a formal judicial precedent means users face significant legal uncertainty. Han urged users in the country to exercise caution, noting that the outcome of this case could set a precedent for how decentralized prediction platforms are regulated in the future. Broader Implications for Crypto Regulation This case is part of a wider trend of South Korean authorities tightening oversight of cryptocurrency-related activities. The country has some of the strictest crypto regulations globally, including mandatory real-name trading accounts and strict anti-money laundering requirements. Polymarket, which allows users to bet on the outcomes of real-world events using cryptocurrency, operates in a gray area that regulators are now actively exploring. The investigation could have ripple effects for other decentralized finance (DeFi) platforms operating in the region. Conclusion The Gangwon Provincial Police Agency’s investigation into Polymarket users marks a significant step in South Korea’s evolving approach to cryptocurrency regulation. While no definitive legal ruling has been made, the case underscores the risks users face in jurisdictions with unclear regulatory frameworks. As the investigation progresses, the outcome could shape the future of prediction markets and decentralized platforms in the country. FAQs Q1: Why is South Korea investigating Polymarket users? The Gangwon Provincial Police Agency is investigating Polymarket users on suspicion of gambling, as the platform allows users to bet on real-world events using cryptocurrency. The police are treating this activity as a potential violation of South Korea’s gambling laws. Q2: Has Polymarket been officially classified as gambling in South Korea? No. While the police are currently treating Polymarket activity as gambling, neither prosecutors nor the courts have made a definitive ruling. The case is still under investigation. Q3: What should Polymarket users in South Korea do? Lawyer Han Chang-bo advises users to exercise caution. The investigation is ongoing, and users could face legal consequences if the courts ultimately rule that Polymarket activity constitutes gambling. This post South Korean Police Investigate Polymarket Users for Gambling, Lawyer Warns first appeared on BitcoinWorld .
4 Jun 2026, 15:02
Ripple CEO Leaves a Message for the XRP Family
Fourteen years is a long time in any industry, and even longer in a young industry like cryptocurrencies. XRP has reached that milestone, and the people who built it are taking stock of how far it has come. Former Ripple CTO David Schwartz kicked off the celebration with a post reflecting on XRP’s origins. He wrote , “14 years ago, we got together with an idea to build a better way to move value.” He credited not just the founding team but the developers, validators, businesses, and community members who helped shape the project into what it is today. Ripple CEO Responds CEO Brad Garlinghouse joined the celebration, posting , “14 years later, still the honor of a lifetime to be part of the XRP family.” Garlinghouse has led Ripple for close to a decade . During that time, the company navigated one of the most consequential legal battles in crypto history, the SEC lawsuit. XRP emerged with regulatory clarity, a strengthened position in the U.S., and a growing list of global partnerships. Garlinghouse steered the company and the XRP army through them. 14 years later – still the honor of a lifetime to be part of the XRP family! https://t.co/CVsOSELVJW — Brad Garlinghouse (@bgarlinghouse) June 3, 2026 The Community Weighs In The XRP community responded with a wide range of reactions, capturing the full picture of what 14 years of holding looks like from the ground level. Several members expressed genuine pride. Some called it an honor to stand alongside Garlinghouse and the team, crediting him as a leader who has advanced the ecosystem. Some pointed to the strength of the XRP community as something worth celebrating. Other members looked ahead with optimism, noting that the best is still to come after years of difficulty. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 There were also voices expressing frustration. One member noted that 14 years of work could not send the XRP price beyond $4. He questioned what the milestone actually represents for retail holders. Another commenter stated that XRP should be at least $50 after 14 years in the crypto market. One community member revealed that he is down $3,000 on his XRP investment. He expected $4, $5, or $10 but now feels scammed. Some questioned the project’s structure, suggesting that the benefits have not been evenly distributed between Ripple and retail investors. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on X , Facebook , Telegram , and Google News The post Ripple CEO Leaves a Message for the XRP Family appeared first on Times Tabloid .
4 Jun 2026, 14:00
Bitcoin’s $60K Range Seen As Potential Long-Term Accumulation Zone, Analyst Says
A heavy wave of US Treasury issuance, a $250 billion IPO pipeline, and a shift in big tech cash toward AI spending are among the pressures Jamie Coutts says could keep markets tight for a while longer. The Real Vision chief crypto analyst still thinks Bitcoin buyers in the $60,000s may be getting a rare long-term entry point, even if the market has not fully washed out yet. Related Reading: XRP Dips In The Short Run, But A Bigger Setup May Be Forming: Analyst The Pressure Building Coutts framed the recent drop as part of a broader reset, saying Bitcoin has already fallen about 50% from its highs and that the move fits past bear-market swings on a volatility-adjusted basis. He stopped short of calling the bottom, however, and said another leg lower is still possible before the market steadies. His view rests less on Bitcoin itself than on the state of global money flows. He pointed to a crowded IPO market pulling in capital, large technology firms reducing buybacks as they pour cash into AI infrastructure, and rising Treasury supply that could push yields higher. That mix, in his telling, is enough to leave risk assets under pressure in the near term. Still, he argued that the strain cannot last forever because higher borrowing costs and weaker tax receipts make it harder for the US government to keep yields in check. Why The $60Ks Matter For Coutts, the price zone matters because it may offer long-term buyers a level that looks cheap in hindsight. He described anything in the $60,000 range as an attractive place to accumulate Bitcoin on a multi-year view, even if the market is not yet done falling. That call was not presented as a fast trade or a clean timing signal. It was closer to a patient case for buying into weakness while the larger liquidity picture is still working through its next phase. The analyst also tied the outlook to the way governments and central banks react when markets come under stress. He said that if stocks fall hard and tax revenue weakens, deficits widen further and financial conditions get harder to manage. Related Reading: Bleeding Bitcoin Holders Signal Stress — $60K Becomes Critical Battleground Why The Fed Still Matters From there, Coutts drew a straight line to the Federal Reserve. He said the most realistic escape from that pressure would be new liquidity from the central bank, which has often helped support Bitcoin and other risk assets during past downturns. That leaves Bitcoin in a familiar place: weak enough to make traders cautious, but close enough to a possible support zone to draw in buyers who think in years, not weeks. Featured image from Unsplash, chart from TradingView
