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The Latest Breaking News from Fairshake

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

From analysis to the latest developments in health,
read the most diverse news in one place.

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

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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

'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.).

Benzinga

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.”

Fortune

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.

Top News

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.

The Guardian - US

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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.

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news in one place.

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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.

Fortune

Coinbase donates $25 million to super PAC Fairshake days after Biden vetoes crypto custody bill

The donation will bolster the campaigns of crypto-friendly congressional candidates in state primaries.

Fortune

Venture giant a16z ramps up political push with additional $25 million donation to crypto super PAC Fairshake

a16z crypto head Chris Dixon announced the donation at Consensus on Thursday, bringing the firm's total contributions to Fairshake to $47 million.

The Guardian - US

Crypto Super Pac spends $10m on Katie Porter attack ads in California race

Fairshake Pac spends millions opposing progressive Senate candidate known for tough stance on crypto industry

Fortune

Coinbase, Andreessen Horowitz, Circle among heavyweight donors committing $78 million to new crypto PAC

The PAC has already deployed almost $300,000 for its chosen congressional candidates, with Rep. Patrick McHenry netting the most cash so far.

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