Odaily Planet Daily News: The cryptocurrency industry spent approximately $135 million to support over 50 candidates during the 2024 U.S. election cycle, including individuals from both the Democratic and Republican parties, incumbents and challengers, frontrunners and long shots. But they now all have one thing in common: victory. In the elections on November 5, as of noon local time on Friday, all 48 candidates supported by the cryptocurrency industry's largest political action committee announced their victory. In the eight elections still counting votes, candidates supported by the political action committee are leading in all but three of the elections. According to the consumer advocacy nonprofit Public Citizen, its impact campaign far exceeds that of traditional corporate donors like Koch Industries and Chevron. Since the landmark 2010 Supreme Court decision that lifted restrictions on corporate political spending, the industry ranks second only to the fossil fuel industry in total deployed amounts. Now, the industry is vigorously promoting its massive election spending and its results as evidence that it has become an undeniable political force, gearing up for the next legislative session and the 2026 midterm elections. (Bloomberg)