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The Latest Breaking News from Fairshake

Crypto Spent More Than $300 Million Building Political Power. Failure To Pass The CLARITY Act Exposed Its Limits.

Crypto's growing influence in Washington ran into a powerful counterweight as banks mobilized against key provisions and Democrats hardened their demands over ethics rules.

International Business Times

The Crypto Industry Is Spending Big On The Midterms. Now A Coinbase-Backed Group Is Picking Its Candidates.

The industry has already put nearly $200 million into the 2026 election cycle as it tries to push a broader digital-asset rulebook through Congress.

International Business Times

Inside the AI, Crypto and Betting Cash Industries Bankrolling the 2026 Midterms — and Texas Is Ground Zero

Crypto, AI and betting money have already topped the 2024 cycle's full total — with the fiercest spending fights unfolding in South Texas.

Latin Times

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Who Is Andreessen Horowitz, the Silicon Valley Powerhouse Outspending Musk and Soros in the Midterms?

Andreessen Horowitz, the venture capital giant known in Silicon Valley as a16z, has reportedly become the biggest known political donor bloc of the 2026 midterm elections, pouring more than $115 million into federal politics as the technology industry fights to shape the future of cryptocurrency and artificial intelligence regulation.

Latin Times

Scoop: GOP called Howard Lutnick to reverse crypto PAC's Texas move

"This was not a smart move."

Axios

Cryptocurrency industry is on track to surpass 2024 spending on Texas midterm races

So far this year, cryptocurrency PACs have spent more than $2.5 million on Texas congressional candidates, up from $1 million in 2024.

The Texas Tribune

Cryptocurrency firms suffer heavy losses in Illinois primaries after spending big

Cryptocurrency’s biggest Pac spent more than $10m for their candidates, only to be defeated by those who are anti-crypto

The Guardian - US

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At the Races: Crypto’s next stand

Welcome to At the Races! Each week we bring you news and analysis from the CQ Roll Call campaign team. Know someone who’d like to get this newsletter? They can subscribe here. The cryptocurrency industry began flexing its political muscle in 2022, and crypto spending has only increased since. In advance of…

Roll Call

Cryptocurrency and AI industries tested their influence in Illinois. It didn't go that well

The artificial intelligence and cryptocurrency industries have suffered a setback as they try to reshape the midterm elections and establish themselves as power players in American politics

The Independent UK

Big spenders have mixed night in Illinois as progressives mostly come up short

Tuesday’s primary elections in Illinois were a test of how far big money can go in Democratic elections while also underscoring the political clout of Gov. JB Pritzker. In the closely watched Democratic primary to fill the seat of retiring Sen. Richard J. Durbin, Illinois Lt. Gov. Juliana Stratton defeated…

Roll Call

Illinois heads to elect next senator and five congressional district candidates

Midwestern state has a slate of competitive races with money flowing in from donors including Aipac

The Guardian - US

At the Races: Big primaries in the Prairie State - Roll Call

Midterm elections 2026: Here’s what you need to know about the key primary races taking place Tuesday in Illinois.

Roll Call

Illinois' $50 million primary experiment

Raja Krishnamoorthi is hoping the better-funded candidate wins in Illinois' Senate Democratic primary.

Axios

With $200m to spend on the midterms, crypto hopes to repeat its 2024 success: ‘It’s the most critical time’

Candidates in both parties – but mostly Republicans – are seeing cash infusions after merely indicating support

The Guardian - US

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Benzinga

'Elizabeth Warren Protégé' Katie Porter Branded Crypto Hater By Tyler Winklevoss

Tyler Winklevoss, co-founder and CEO of cryptocurrency exchange Gemini, called California gubernatorial hopeful Katie Porter a cryptocurrency hater on Tuesday and a “protégé” of Sen. Elizabeth Warren (D-Mass.).

Fortune

OpenAI’s president and Andreessen Horowitz are helping lead a $100 million Silicon Valley push against tougher AI laws and the lawmakers behind them

The organization will support politicians who are friendly to AI “innovation.”

Top News

Elon Musk Emerges As Major Political Underwriter In 2024 Election

Elon Musk's substantial financial support for Trump's campaign and key appointments, influencing government and crypto industry.

The Guardian - US

TechScape: Will Elon Musk fire a third of the US government?

This week in tech news, Elon Musk and Donald Trump propose a “Department of Government Efficiency”, crypto wins big in every single election, and a modern equivalent of Lysistrata takes hold on TikTok.

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Salon

Big Crypto raises $200M to fight regs

The deep-pocketed cryptocurrency industry seeks to influence regulators and the future of the Democratic Party

Fortune

Super-angel billionaire Ron Conway blindsided by crypto allies: report

The legendary investor and major Democratic donor reportedly sent a scathing email after learning about a plan to block Sen. Sherrod Brown from winning reelection in Ohio.

Roll Call

At the Races: Crypto campaigning - Roll Call

The CQ Roll Call newsroom tracks campaigns nationwide, sharing the best stories with some extras, in the At the Races newsletter.

International Business Times

Bernie Moreno: The Bitcoin Supporter With $12M In Backing From Pro-Crypto Super PAC

Defend American Jobs will set aside $12 million for Bernie Moreno's TV ads – the blockchain and crypto advocate who seeks to unseat Sherrod Brown in Ohio has received praise from some key crypto figures after he won the Ohio primary earlier this year.

The Guardian - US

Pro-Israel groups have set sights on unseating this progressive lawmaker. Will they succeed?

Challenger Wesley Bell switched party lines to vie for Bush’s Missouri seat and has reaped millions from normally Republican-supporting donors

The Guardian - UK

Co-founders of Silicon Valley venture capital firm back Trump’s presidential bid

Ben Horowitz and Marc Andreessen, founders of A16Z, plan to give large donations to former president’s campaign

International Business Times

Coinbase Urges Support For Pro-Crypto Candidates, Donates $25M To Fairshake

Coinbase is rallying the crypto industry to support pro-crypto candidates, as it believes electing such candidates is the best way so far to get regulatory clarity for an industry whose request for clear crypto rules has been ignored by the SEC.

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