Bitcoin News Today TheBitTimes.com

Christopher Harborne, a shareholder in both Bitfinex and Tether’s parent company and a prominent right-wing backer, paid for Nigel Farage to visit Donald Trump following the failed assassination attempt against the former president.  That’s according to the UK Parliament’s latest register of interest filings, which details the financial interests of its politicians. It revealed that Farage’s trip to the US on July 17 cost £32,000 (~$41,500) and was funded by Harborne.  As reported by The Guardian, the trip was arranged for Farage “to support a friend who was almost killed and to represent Clacton on the world stage.” However, judging by the lack of photos of Trump and Farage together, it seems likely that the newly-elected member of Parliament (MP) never actually got to meet the 2024 presidential hopeful .  Farage has also been criticized by users on X (formerly Twitter) for the little time he has spent in his constituency. Clacton voters waiting for Nigel Farage’s first con...

Tether and Bitfinex chief technology officer Paolo Ardoino voiced concerns over what, according to him, are signs that the USDT (USDT) stablecoin is being manipulated . In an Aug. 3 tweet, Ardoino explained that USDT is being pressured down by about 10 basis points (equivalent to 0.1%, or a price of about $0.99). Still, while one would expect USDC — arguably USDT’s main competitor — to gain from this situation, it is instead redeemed heavily while a very new competitor “is getting it all.” “Exactly! It feels definitely organic and not manipulative at all,” Ardoino concluded with a sarcastic remark. Stablecoin data suggests that Ardoino was most likely referring to a new stablecoin named First Digital USD (FDUSD) in his tweet. CoinMarketCap data for this stablecoin goes back until July 26 and shows a market cap of just $20.25 million on Aug. 2, just before a sudden explosion to its current market cap of $256.55 million. First Digital USD price chart | ...