Two crypto billionaires each donated $48.7 million to the UK’s Reform Party, tying for the record for the largest individual political donation in British history.
Crypto investor Christopher Harborne donated £36 million (approximately $48.7 million) to Nigel Farage-led UK Reform UK on Saturday, matching the amount of BitMEX co-founder Ben Delo’s donation the previous day. The two crypto billionaires combined to give £72 million (roughly $97.4 million) within 24 hours, with the two contributions tied as the largest individual political donations in UK party history. Harborne, an investor in stablecoin issuer Tether and crypto exchange Bitfinex, stated he is not seeking a peerage or policy adjustments. Nigel Farage said the funds will help Reform UK contest the next UK general election. Reports did not clarify if the latest donation was made in cryptocurrency; Harborne’s prior £9 million donation was in cash. The Metropolitan Police is currently investigating allegations related to political donations to Reform UK. Farage is also under parliamentary standards scrutiny over a £5 million personal grant he received from Harborne before being elected as an MP in 2024, with both Reform UK and Farage denying any wrongdoing.
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XXAntiWar has shorted ZEC worth $4.5 million again, with an unrealized loss of $23,000 currently.
According to on-chain analyst Ai Yi (@ai_9684xtpa)’s monitoring, addresses linked to prominent trader @XXAntiWar have completed 3 ZEC short positions, generating a total profit of approximately $727,000, with a 100% win rate on settled trades. An additional 3x short position worth $4.5 million remains open, currently showing an unrealized loss of around $23,000. Details are as follows:
· Address 0xfe5…5d850 opened two ZEC short positions near $1,273 and $1,181 respectively, accumulating a profit of roughly $693,000;
· Address 0x0c4…5d516 shorted ZEC worth $3.56 million at an entry price of $1,129, earning a profit of about $34,000;
· Address 0x9bb…9bbf2 opened a 3x ZEC short position worth $4.5 million at 5 AM today, with an entry price of $1,120.8, currently facing an unrealized loss of approximately $23,000.
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Founder of Long.xyz: Approximately 10,000 new asset issuance projects have been added after the launch of the platform’s new Pre-IPO feature, and issuance restrictions will be continuously adjusted based on demand changes.
Founder Nate of Long.xyz, a crypto and meme coin issuance platform linked to Robinhood, posted that after the platform launched its new Pre-IPO feature, it added roughly 10,000 new asset issuance projects. He estimated that without token code locking and client-side issuance limits, daily issuance could hit 100,000, which would leave the platform dominated by bots, making it difficult for regular users to sift through the flood of new assets, and potentially fuel FOMO trading, volume chasing, and inflated data. Long will continuously adjust issuance limits based on demand shifts, and plans to add asset discovery filters to help users screen projects using metrics such as whale holding ratios, asset tenure, and anti-fragility, while aggregating liquidity and capital flows into high-performing, unique assets within its ecosystem. The team is monitoring suspicious activity across all trading pairs; no major issues have been identified to date, but new risk control parameters are ready. If pump-and-dump activities are found to be coordinated manipulations rather than natural market moves, the team can swiftly activate relevant restriction measures.
11 minutes ago
Revolut has disclosed that some users' KYC and Bitcoin transaction data may have been leaked, while its systems and funds remain unaffected.
Revolut disclosed that an unauthorized third party used an email address under the legitimate domain of a government agency to submit fraudulent requests for customer data access, exposing sensitive information of a small number of clients. The firm labeled the incident a "complex external impersonation scam", has blocked the relevant email, and stated its own systems and customer funds remain uncompromised. Potentially exposed data includes names, dates of birth, residential addresses, email addresses, phone numbers, copies of identity documents such as passports and driver’s licenses, identity verification selfies, account statements, IBANs, withdrawal records, and full transaction histories—including Bitcoin transactions. Mt. Gox’s former CEO Mark Karpelès has stated he is one of the affected individuals. Revolut has not disclosed the number of affected customers, whether the incident is limited to a single market, or the government agency whose domain was misused. The company has notified relevant government agencies, law enforcement bodies, data protection authorities, and financial regulators. On-chain investigator ZachXBT speculates the incident may be limited in scale but targeted high-net-worth users.
11 minutes ago
Bonk Guy clarifies: He has not received payment from PONS, is not a team member, and his holdings are solely from personal trading.
Renowned crypto trader Bonk Guy posted a statement clarifying he has no allegiance to PONS, any other holdings, or their respective communities. He stated he has never been paid by the PONS project team nor is he a member of the project, so his holding and support of PONS should not be interpreted as loyalty to the project. Bonk Guy added that his bullishness on PONS stems from the token’s core value of fairness, and his belief that PONS offers on-chain traders the opportunity to build generational wealth. He views PONS as a trade that has not yet fully realized its potential, and predicts its market cap could reach billions of dollars in the future, regardless of current market sentiment. He emphasized this principle applies to all his other holdings: he is first and foremost a trader, with no allegiance to any token or community, only selecting trading opportunities he deems have the most asymmetric risk-reward profiles. On-chain data shows Bonk Guy currently holds PONS worth $6.61 million, with a return of 9,663%.
11 minutes ago
Cascade has announced it is ceasing operations, allowing users to withdraw their account assets.
Cascade (formerly Perennial) announced in a statement that it is ceasing operations, with users able to withdraw remaining funds from their CLS and trading accounts on the platform via the relevant page. Earlier reports noted that Cascade’s CLS vault was hacked, resulting in the theft of approximately $1.34 million in USDC from user funds.
11 minutes ago