bitcoin
Bitcoin (BTC) $ 98,886.49 0.90%
ethereum
Ethereum (ETH) $ 3,470.49 0.09%
tether
Tether (USDT) $ 0.999331 0.01%
xrp
XRP (XRP) $ 2.28 0.78%
bnb
BNB (BNB) $ 707.03 1.30%
solana
Solana (SOL) $ 198.40 1.01%
dogecoin
Dogecoin (DOGE) $ 0.332281 0.47%
usd-coin
USDC (USDC) $ 0.999726 0.03%
staked-ether
Lido Staked Ether (STETH) $ 3,467.18 0.06%
cardano
Cardano (ADA) $ 0.912079 1.41%
Blog

Crypto Super PAC Fairshake Raises $4.9M From Winklevoss Twins: Report

Fairshake, a Super political action committee (PAC) that is backing crypto-friendly candidates, has now received funding of a total of $4.9 million from billionaire twins Cameron Winklevoss and Tyler Winklevoss, Bloomberg reported, citing the latest federal filings.

The Winklevoss twins, who are co-founders of crypto exchange Gemini and heavyweight bitcoin (BTC) investors, were initial investors in Fairshake, revealed in the first announcement on Dec. 18, 2023. The Winklevoss’ join a list of high-profile crypto investors backing the Super PAC, such as Andreessen Horowitz (a16z), ARK Invest, as well as crypto companies like Circle, Ripple, Coinbase (COIN) and more.

Overall, Fairshake has raised more than $85 million to support leaders who endorse crypto and blockchain, according to OpenSecrets.org. It has also spent millions opposing California Senate Candidate Katie Porter.

Super PACs are prohibited from sending money directly to political candidates and Fairshake has emerged as one of the most prominent campaign finance forces supporting crypto.

Edited by Parikshit Mishra.

Related Posts
MakerDAO To Increase Fees Above 10% In Bid To Stabilize DAI Stablecoin
CoinDesk Feed

MakerDAO to Increase Fees Above 10% in Bid to Stabilize DAI Stablecoin

news Investors who hold tokens in the programmatic lending protocol MakerDAO appear likely to approve a fifth fee increase that would further raise the cost of platform’s US dollar-backed stablecoin DAI. Since Monday, five different options have been presented to MakerDAO token holders, all of which suggested different possible increases to the platform’s “stability fee,” the most…
Bitcoin-sinks-below-$27k-as-fed,-powell-keep-focus-on-inflation
CoinDesk Feed

Bitcoin Sinks Below $27K as Fed, Powell Keep Focus on Inflation

Still, a number of analysts were optimistic about bitcoin's price in the near future, given the bank sector's calamities. "Bitcoin, straddling between being the leading risk-on asset and a financial lifeboat in the event of an all-out banking crisis, has benefitted from the recent turmoil and now the prospect that the Fed’s tightening could be…
Bitgo-now-providing-custody-for-india’s-largest-crypto-exchange
CoinDesk Feed

BitGo Now Providing Custody for India’s Largest Crypto Exchange

May 15, 2020 at 09:00 UTCGate of India, Mumbai (Credit: Shutterstock/Social Media Hub)BitGo Now Providing Custody for India’s Largest Crypto ExchangeBitGo is now providing its custody services to India's largest cryptocurrency exchange by trading volume, CoinDCX.Announced Thursday, BitGo began storing cryptocurrencies held by CoinDCX last week, with the aim of ensuring the assets are kept…
Binance-charity-pledges-$20k-to-beirut-explosion-relief-efforts
CoinDesk Feed

Binance Charity Pledges $20K to Beirut Explosion Relief Efforts

Aug 18, 2020 at 08:00 UTCBinance’s charity arm is donating to the victims of the Aug. 4 explosion that rocked the city of Beirut, Lebanon’s capital. Binance's Beirut Relief Fund campaign has committed $20,000 in donations to the victims of a devastating explosion that claimed the lives of over 150 people and injured 5,000 more.Binance…
Dtcc-considers-dlt-use-in-securities-trading-with-2-new-studies
CoinDesk Feed

DTCC Considers DLT Use in Securities Trading With 2 New Studies

May 19, 2020 at 07:00 UTCIon is a proof-of-concept still waiting to prove its core concept: that DLT can function at scale. (Jennifer Peve image credit: coinDesk archives) DTCC Considers DLT Use in Securities Trading With 2 New StudiesDepository Trust & Clearing Corporation (DTCC), a giant of financial markets infrastructure, is studying whether distributed ledger…
Don’t-expect-banks-to-jump-on-the-occ-crypto-custody-news
CoinDesk Feed

Don’t Expect Banks to Jump on the OCC Crypto Custody News

Jul 23, 2020 at 14:48 UTCUpdated Jul 23, 2020 at 14:49 UTCCredit: Shutterstock/mezzotintDon’t Expect Banks to Jump on the OCC Crypto Custody NewsAlex Mascioli is head of institutional services for Bequant, a digital asset prime broker. He spent nearly a decade in traditional financial markets before making the jump to crypto markets three years ago.…
Loading data ...
Comparison
View chart compare
View table compare
Back To Top