ChainCatcher news, according to CNBC, the crypto political action committee Fairshake allocated nearly $29 million in September.According to data released to the public by the Federal Election Commission on Sunday, Fairshake is one of the highest spending organizations across all industries in this election cycle, with nearly $29 million allocated in September. Of this, $20 million was donated to two affiliated PACs, $15 million to the "Defend American Jobs PAC," a single-issue committee focused on cryptocurrency and blockchain policy that supports Republicans; and $5 million to the "Protect Progress PAC," which only supports Democrats.Additionally, Fairshake donated over $1.9 million to Congressman Patrick Ryan (Democrat from New York), over $1.7 million to Congressman Steven Horsford (Democrat from Nevada), and nearly $1 million to Congresswoman Angela Dawn Craig (Democrat from Minnesota). The remaining funds were donated to multiple candidates in Illinois, Colorado, Oregon, Iowa, and Arkansas.

ChainCatcher news, the cryptocurrency-supported Political Action Committee (PAC) Fairshake reports that it has raised over $169 million in donations since its inception and supports candidates by purchasing media or its affiliated PAC (Defend American Jobs and Protect Progress).In documents submitted to the Federal Election Commission (FEC) on October 17, Fairshake PAC reported that it spent over $900,000 on media advertising to support Democratic Congressman Thomas Suozzi in New York's 3rd Congressional District.The PAC also disclosed that it spent over $60,000 on media advertising to support Democratic Congressman Yadira Caraveo in Colorado's 8th Congressional District.

ChainCatcher news, Chris Dixon, head of a16z's digital asset division, announced that the company will donate $25 million to Fairshake, a super PAC focused on cryptocurrency, bringing a16z's total donations to $47 million.

ChainCatcher news, Ripple donates $25 million to the cryptocurrency super PAC Fairshake, bringing the total donations of the PAC close to $100 million ahead of the elections this November.