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Canvas is down as ShinyHunters threatens to leak schools’ dataThe Instructure-owned learning management platform, Canvas, is down after recently confirming a massive data breach that impacted student names, email addresses, ID numbers, and messages. Students attempting to access the system on Thursday saw a message from the hacking group ShinyHunters, which claimed responsibility for the attack:ShinyHunters has breached Instructure (again). Instead of contacting us to resolve it they ignored us and did some “security patches.” If any of the schools in the affected list are interested in preventing the release of their data, please consult with a cyber advisory firm and contact us privately at TOX to negotiate a settlement. You have till the end of the day by 12 May 2026 before everything is leaked.The message included a link to a list of schools ShinyHunter claims to have breached through Canvas. The platform’s status page says Canvas, Canvas Beta, and Canvas Test are currently unavailable and that it is investigating the outage.Instructure said last week that it “deployed patches to enhance system security” following the breach. ShinyHunters — which has claimed responsibility for attacks on Ticketmaster, AT&T, Rockstar Games, ADT, and Vercel — said its data leak site contains 9,000 schools, including data belonging to 275 million students, teachers, and other staff, according to Bleeping Computer.#Canvas #ShinyHunters #threatens #leak #schools #dataNews,Security,Tech

Canvas is down as ShinyHunters threatens to leak schools’ data

The Instructure-owned learning management platform, Canvas, is down after recently confirming a massive data breach that impacted student names, email addresses, ID numbers, and messages. Students attempting to access the system on Thursday saw a message from the hacking group ShinyHunters, which claimed responsibility for the attack:

ShinyHunters has breached Instructure (again). Instead of contacting us to resolve it they ignored us and did some “security patches.” If any of the schools in the affected list are interested in preventing the release of their data, please consult with a cyber advisory firm and contact us privately at TOX to negotiate a settlement. You have till the end of the day by 12 May 2026 before everything is leaked.

The message included a link to a list of schools ShinyHunter claims to have breached through Canvas. The platform’s status page says Canvas, Canvas Beta, and Canvas Test are currently unavailable and that it is investigating the outage.

Instructure said last week that it “deployed patches to enhance system security” following the breach. ShinyHunters — which has claimed responsibility for attacks on Ticketmaster, AT&T, Rockstar Games, ADT, and Vercel — said its data leak site contains 9,000 schools, including data belonging to 275 million students, teachers, and other staff, according to Bleeping Computer.

#Canvas #ShinyHunters #threatens #leak #schools #dataNews,Security,Tech

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The Instructure-owned learning management platform, Canvas, is down after recently confirming a massive data breach that impacted student names, email addresses, ID numbers, and messages. Students attempting to access the system on Thursday saw a message from the hacking group ShinyHunters, which claimed responsibility for the attack:

ShinyHunters has breached Instructure (again). Instead of contacting us to resolve it they ignored us and did some “security patches.” If any of the schools in the affected list are interested in preventing the release of their data, please consult with a cyber advisory firm and contact us privately at TOX to negotiate a settlement. You have till the end of the day by 12 May 2026 before everything is leaked.

The message included a link to a list of schools ShinyHunter claims to have breached through Canvas. The platform’s status page says Canvas, Canvas Beta, and Canvas Test are currently unavailable and that it is investigating the outage.

Instructure said last week that it “deployed patches to enhance system security” following the breach. ShinyHunters — which has claimed responsibility for attacks on Ticketmaster, AT&T, Rockstar Games, ADT, and Vercel — said its data leak site contains 9,000 schools, including data belonging to 275 million students, teachers, and other staff, according to Bleeping Computer.

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Cloud infrastructure has long been designed around humans who search, click, scroll, and stream in a steady and predictable fashion. AI agents behave differently. They can unleash a swell of activity, spinning up multiple sub-agents that query hundreds of databases, search documents, and call APIs in seconds and then disappear as quickly as they arrived. 

Under that premise, Amazon is redesigning a core piece of its cloud infrastructure. On Thursday, AWS launched its next generation of OpenSearch Serverless, a fully managed search and vector database — essentially a system for storing and retrieving information at scale — that’s designed specifically for agentic workloads. AWS says the new system can instantly scale up when agents trigger tasks and scale back down to zero when idle.

The launch reflects a growing realization across the tech industry: Infrastructure originally designed for a human-driven internet doesn’t work as well in a world increasingly populated by agents.

While AI agents still represent a relatively small portion of internet activity, machine-generated traffic is already significant, and poised to grow. Cloudflare says bots accounted for 31% of overall HTTP traffic over the last six months. AI crawlers, search engines, and assistants made up roughly a quarter of all bot requests during that period. 

“Non-human traffic will exceed human traffic sometime in the first half of 2027,” said Lai Yi Ohlsen, senior product manager at Cloudflare, to TechCrunch.

At Google’s I/O developer conference last week, the company said users will be able to start delegating tasks to AI systems, like researching purchases, booking travel, browsing the web, and interacting with apps. But the buck doesn’t stop at consumer-focused AI agents. Enterprises are increasingly deploying agents internally and for their customers, creating new kinds of machine-generated traffic behind the scenes. 

As a result, cloud providers and infrastructure companies have been reckoning with how to adapt systems built for humans to a world of agents that are constantly and autonomously retrieving information, invoking tools, and generating machine-to-machine traffic. 

That’s where AWS’s new OpenSearch Serverless comes in. 

“The timing is straightforward. Agents are moving from experimentation into production, and they create traffic patterns that previous infrastructure simply wasn’t designed for,” Tia White, general manager for Amazon OpenSearch Service, told TechCrunch. “They spike without warning, they go idle without notice, and enterprise needs search that keeps up without paying for empty or idle compute.”

The key technical change with this new generation is that it decouples compute from storage, allowing compute to scale up in seconds to accommodate agent traffic bursts and to scale down to zero, so customers pay $0 when agents are idle.

“Previously, even in our prior Serverless version, you had to have at least one instance operational and running because storage and compute were coupled,” White said. “You couldn’t just automatically spin up [compute] at the rate you needed to, so you always had idle compute reserved for your workload, whether you were using it or not.”

Think of it like always paying for a parking space, even when you’re not using it. With AWS’s upgraded Serverless, it’s more like paying for a metered parking spot.

At launch, OpenSearch Serverless will integrate natively with AI development platforms like Vercel and Kiro, so developers can deploy production-ready search and vector backends for agents without managing infrastructure. 

The shift is emerging across the cloud industry. Databricks and Snowflake are repositioning themselves as AI memory and retrieval systems for enterprise data. Microsoft has rolled out updates to Azure designed to handle AI agent bursts and share memory between agents. Cloudflare, in a similar vein to Amazon, last month introduced infrastructure aimed at giving agents persistent environments and instant scalability. 

The more companies deploy AI agents, the more pressure there will be to redesign infrastructure around machine-generated workloads, which in turn could make agents cheaper and easier to deploy at larger scales.

 

When you purchase through links in our articles, we may earn a small commission. This doesn’t affect our editorial independence.

#internet #rebuilt #machines #TechCrunchagentic search,AI agents,AWS,aws opensearch serverless">The internet is being rebuilt for machines | TechCrunch Cloud infrastructure has long been designed around humans who search, click, scroll, and stream in a steady and predictable fashion. AI agents behave differently. They can unleash a swell of activity, spinning up multiple sub-agents that query hundreds of databases, search documents, and call APIs in seconds and then disappear as quickly as they arrived.  Under that premise, Amazon is redesigning a core piece of its cloud infrastructure. On Thursday, AWS launched its next generation of OpenSearch Serverless, a fully managed search and vector database — essentially a system for storing and retrieving information at scale — that’s designed specifically for agentic workloads. AWS says the new system can instantly scale up when agents trigger tasks and scale back down to zero when idle. The launch reflects a growing realization across the tech industry: Infrastructure originally designed for a human-driven internet doesn’t work as well in a world increasingly populated by agents. While AI agents still represent a relatively small portion of internet activity, machine-generated traffic is already significant, and poised to grow. Cloudflare says bots accounted for 31% of overall HTTP traffic over the last six months. AI crawlers, search engines, and assistants made up roughly a quarter of all bot requests during that period.  “Non-human traffic will exceed human traffic sometime in the first half of 2027,” said Lai Yi Ohlsen, senior product manager at Cloudflare, to TechCrunch. At Google’s I/O developer conference last week, the company said users will be able to start delegating tasks to AI systems, like researching purchases, booking travel, browsing the web, and interacting with apps. But the buck doesn’t stop at consumer-focused AI agents. Enterprises are increasingly deploying agents internally and for their customers, creating new kinds of machine-generated traffic behind the scenes.  As a result, cloud providers and infrastructure companies have been reckoning with how to adapt systems built for humans to a world of agents that are constantly and autonomously retrieving information, invoking tools, and generating machine-to-machine traffic.  That’s where AWS’s new OpenSearch Serverless comes in.  “The timing is straightforward. Agents are moving from experimentation into production, and they create traffic patterns that previous infrastructure simply wasn’t designed for,” Tia White, general manager for Amazon OpenSearch Service, told TechCrunch. “They spike without warning, they go idle without notice, and enterprise needs search that keeps up without paying for empty or idle compute.” The key technical change with this new generation is that it decouples compute from storage, allowing compute to scale up in seconds to accommodate agent traffic bursts and to scale down to zero, so customers pay alt=

launched its next generation of OpenSearch Serverless, a fully managed search and vector database — essentially a system for storing and retrieving information at scale — that’s designed specifically for agentic workloads. AWS says the new system can instantly scale up when agents trigger tasks and scale back down to zero when idle.

The launch reflects a growing realization across the tech industry: Infrastructure originally designed for a human-driven internet doesn’t work as well in a world increasingly populated by agents.

While AI agents still represent a relatively small portion of internet activity, machine-generated traffic is already significant, and poised to grow. Cloudflare says bots accounted for 31% of overall HTTP traffic over the last six months. AI crawlers, search engines, and assistants made up roughly a quarter of all bot requests during that period. 

“Non-human traffic will exceed human traffic sometime in the first half of 2027,” said Lai Yi Ohlsen, senior product manager at Cloudflare, to TechCrunch.

At Google’s I/O developer conference last week, the company said users will be able to start delegating tasks to AI systems, like researching purchases, booking travel, browsing the web, and interacting with apps. But the buck doesn’t stop at consumer-focused AI agents. Enterprises are increasingly deploying agents internally and for their customers, creating new kinds of machine-generated traffic behind the scenes. 

As a result, cloud providers and infrastructure companies have been reckoning with how to adapt systems built for humans to a world of agents that are constantly and autonomously retrieving information, invoking tools, and generating machine-to-machine traffic. 

That’s where AWS’s new OpenSearch Serverless comes in. 

“The timing is straightforward. Agents are moving from experimentation into production, and they create traffic patterns that previous infrastructure simply wasn’t designed for,” Tia White, general manager for Amazon OpenSearch Service, told TechCrunch. “They spike without warning, they go idle without notice, and enterprise needs search that keeps up without paying for empty or idle compute.”

The key technical change with this new generation is that it decouples compute from storage, allowing compute to scale up in seconds to accommodate agent traffic bursts and to scale down to zero, so customers pay $0 when agents are idle.

“Previously, even in our prior Serverless version, you had to have at least one instance operational and running because storage and compute were coupled,” White said. “You couldn’t just automatically spin up [compute] at the rate you needed to, so you always had idle compute reserved for your workload, whether you were using it or not.”

Think of it like always paying for a parking space, even when you’re not using it. With AWS’s upgraded Serverless, it’s more like paying for a metered parking spot.

At launch, OpenSearch Serverless will integrate natively with AI development platforms like Vercel and Kiro, so developers can deploy production-ready search and vector backends for agents without managing infrastructure. 

The shift is emerging across the cloud industry. Databricks and Snowflake are repositioning themselves as AI memory and retrieval systems for enterprise data. Microsoft has rolled out updates to Azure designed to handle AI agent bursts and share memory between agents. Cloudflare, in a similar vein to Amazon, last month introduced infrastructure aimed at giving agents persistent environments and instant scalability. 

The more companies deploy AI agents, the more pressure there will be to redesign infrastructure around machine-generated workloads, which in turn could make agents cheaper and easier to deploy at larger scales.

 

When you purchase through links in our articles, we may earn a small commission. This doesn’t affect our editorial independence.

#internet #rebuilt #machines #TechCrunchagentic search,AI agents,AWS,aws opensearch serverless">The internet is being rebuilt for machines | TechCrunch

Cloud infrastructure has long been designed around humans who search, click, scroll, and stream in a steady and predictable fashion. AI agents behave differently. They can unleash a swell of activity, spinning up multiple sub-agents that query hundreds of databases, search documents, and call APIs in seconds and then disappear as quickly as they arrived. 

Under that premise, Amazon is redesigning a core piece of its cloud infrastructure. On Thursday, AWS launched its next generation of OpenSearch Serverless, a fully managed search and vector database — essentially a system for storing and retrieving information at scale — that’s designed specifically for agentic workloads. AWS says the new system can instantly scale up when agents trigger tasks and scale back down to zero when idle.

The launch reflects a growing realization across the tech industry: Infrastructure originally designed for a human-driven internet doesn’t work as well in a world increasingly populated by agents.

While AI agents still represent a relatively small portion of internet activity, machine-generated traffic is already significant, and poised to grow. Cloudflare says bots accounted for 31% of overall HTTP traffic over the last six months. AI crawlers, search engines, and assistants made up roughly a quarter of all bot requests during that period. 

“Non-human traffic will exceed human traffic sometime in the first half of 2027,” said Lai Yi Ohlsen, senior product manager at Cloudflare, to TechCrunch.

At Google’s I/O developer conference last week, the company said users will be able to start delegating tasks to AI systems, like researching purchases, booking travel, browsing the web, and interacting with apps. But the buck doesn’t stop at consumer-focused AI agents. Enterprises are increasingly deploying agents internally and for their customers, creating new kinds of machine-generated traffic behind the scenes. 

As a result, cloud providers and infrastructure companies have been reckoning with how to adapt systems built for humans to a world of agents that are constantly and autonomously retrieving information, invoking tools, and generating machine-to-machine traffic. 

That’s where AWS’s new OpenSearch Serverless comes in. 

“The timing is straightforward. Agents are moving from experimentation into production, and they create traffic patterns that previous infrastructure simply wasn’t designed for,” Tia White, general manager for Amazon OpenSearch Service, told TechCrunch. “They spike without warning, they go idle without notice, and enterprise needs search that keeps up without paying for empty or idle compute.”

The key technical change with this new generation is that it decouples compute from storage, allowing compute to scale up in seconds to accommodate agent traffic bursts and to scale down to zero, so customers pay $0 when agents are idle.

“Previously, even in our prior Serverless version, you had to have at least one instance operational and running because storage and compute were coupled,” White said. “You couldn’t just automatically spin up [compute] at the rate you needed to, so you always had idle compute reserved for your workload, whether you were using it or not.”

Think of it like always paying for a parking space, even when you’re not using it. With AWS’s upgraded Serverless, it’s more like paying for a metered parking spot.

At launch, OpenSearch Serverless will integrate natively with AI development platforms like Vercel and Kiro, so developers can deploy production-ready search and vector backends for agents without managing infrastructure. 

The shift is emerging across the cloud industry. Databricks and Snowflake are repositioning themselves as AI memory and retrieval systems for enterprise data. Microsoft has rolled out updates to Azure designed to handle AI agent bursts and share memory between agents. Cloudflare, in a similar vein to Amazon, last month introduced infrastructure aimed at giving agents persistent environments and instant scalability. 

The more companies deploy AI agents, the more pressure there will be to redesign infrastructure around machine-generated workloads, which in turn could make agents cheaper and easier to deploy at larger scales.

 

When you purchase through links in our articles, we may earn a small commission. This doesn’t affect our editorial independence.

#internet #rebuilt #machines #TechCrunchagentic search,AI agents,AWS,aws opensearch serverless
Epic Games has already decided it’s time to move on. During the Rocket League Championship Series Paris Major 2026, the company unexpectedly revealed Unreal Engine 6 for the very first time. The short teaser showed off Rocket League running on UE6 with shinier car models, improved lighting, and smoother effects. Epic also hinted at future plans focused on connected gaming ecosystems and creator-driven experiences.

Unreal Engine 6 Officially Revealed

Rocket League became the first major game shown running on Unreal Engine 6. The short trailer featured glossy vehicles, advanced graphics, and quick action to showcase some of the features that are possible with the engine. Epic even hinted at how Rocket League might be used to test UE6 networking technology in the future.

Although graphics enhancements are still crucial, this game aims at many other things beyond graphics. Epic is seeking ways to make game development, as well as its related tools, more connected in the future. Such an approach could enable content and gameplay sharing among various projects.

The engine also introduced new technologies such as Lumen and Nanite, which helped generate more realistic worlds and lighting. Most AAA titles nowadays use Unreal Engine 5 for its advanced graphics technology and ability to create larger game worlds.

Several major gaming studios have begun relying on Unreal Engine 5 for next-generation game development. Unreal Engine 5 has become a popular choice for major game studios. Halo developers reportedly use UE5 for future titles, while CD Projekt Red develops The Witcher 4 and Cyberpunk 2 on the engine. This trend shows the strong industry adoption of Epic’s technology.

Release Date and Future Updates

Epic Games is keeping most details about this game under wraps for now. The company has not confirmed release dates for either the engine or Rocket League’s UE6 update. Still, future showcases are expected to reveal more features, and many gamers believe Epic’s major titles, including Fortnite, will eventually shift to Unreal Engine 6.

#Epic #Games #Introduces #Unreal #Engine #Rocket #League #EraEpic Games">Epic Games Introduces Unreal Engine 6 With New Rocket League Era Not so long ago, Unreal Engine 5 felt like the future of gaming. We got hyper-realistic lighting, movie-level textures, and open worlds so detailed that even your GPU started sweating. Well, Epic Games has already decided it’s time to move on. During the Rocket League Championship Series Paris Major 2026, the company unexpectedly revealed Unreal Engine 6 for the very first time. The short teaser showed off Rocket League running on UE6 with shinier car models, improved lighting, and smoother effects. Epic also hinted at future plans focused on connected gaming ecosystems and creator-driven experiences. Unreal Engine 6 Officially Revealed Rocket League became the first major game shown running on Unreal Engine 6. The short trailer featured glossy vehicles, advanced graphics, and quick action to showcase some of the features that are possible with the engine. Epic even hinted at how Rocket League might be used to test UE6 networking technology in the future. Although graphics enhancements are still crucial, this game aims at many other things beyond graphics. Epic is seeking ways to make game development, as well as its related tools, more connected in the future. Such an approach could enable content and gameplay sharing among various projects. The engine also introduced new technologies such as Lumen and Nanite, which helped generate more realistic worlds and lighting. Most AAA titles nowadays use Unreal Engine 5 for its advanced graphics technology and ability to create larger game worlds. Several major gaming studios have begun relying on Unreal Engine 5 for next-generation game development. Unreal Engine 5 has become a popular choice for major game studios. Halo developers reportedly use UE5 for future titles, while CD Projekt Red develops The Witcher 4 and Cyberpunk 2 on the engine. This trend shows the strong industry adoption of Epic’s technology. Release Date and Future Updates Epic Games is keeping most details about this game under wraps for now. The company has not confirmed release dates for either the engine or Rocket League’s UE6 update. Still, future showcases are expected to reveal more features, and many gamers believe Epic’s major titles, including Fortnite, will eventually shift to Unreal Engine 6. #Epic #Games #Introduces #Unreal #Engine #Rocket #League #EraEpic Games

has already decided it’s time to move on. During the Rocket League Championship Series Paris Major 2026, the company unexpectedly revealed Unreal Engine 6 for the very first time. The short teaser showed off Rocket League running on UE6 with shinier car models, improved lighting, and smoother effects. Epic also hinted at future plans focused on connected gaming ecosystems and creator-driven experiences.

Unreal Engine 6 Officially Revealed

Rocket League became the first major game shown running on Unreal Engine 6. The short trailer featured glossy vehicles, advanced graphics, and quick action to showcase some of the features that are possible with the engine. Epic even hinted at how Rocket League might be used to test UE6 networking technology in the future.

Although graphics enhancements are still crucial, this game aims at many other things beyond graphics. Epic is seeking ways to make game development, as well as its related tools, more connected in the future. Such an approach could enable content and gameplay sharing among various projects.

The engine also introduced new technologies such as Lumen and Nanite, which helped generate more realistic worlds and lighting. Most AAA titles nowadays use Unreal Engine 5 for its advanced graphics technology and ability to create larger game worlds.

Several major gaming studios have begun relying on Unreal Engine 5 for next-generation game development. Unreal Engine 5 has become a popular choice for major game studios. Halo developers reportedly use UE5 for future titles, while CD Projekt Red develops The Witcher 4 and Cyberpunk 2 on the engine. This trend shows the strong industry adoption of Epic’s technology.

Release Date and Future Updates

Epic Games is keeping most details about this game under wraps for now. The company has not confirmed release dates for either the engine or Rocket League’s UE6 update. Still, future showcases are expected to reveal more features, and many gamers believe Epic’s major titles, including Fortnite, will eventually shift to Unreal Engine 6.

#Epic #Games #Introduces #Unreal #Engine #Rocket #League #EraEpic Games">Epic Games Introduces Unreal Engine 6 With New Rocket League Era

Not so long ago, Unreal Engine 5 felt like the future of gaming. We got hyper-realistic lighting, movie-level textures, and open worlds so detailed that even your GPU started sweating. Well, Epic Games has already decided it’s time to move on. During the Rocket League Championship Series Paris Major 2026, the company unexpectedly revealed Unreal Engine 6 for the very first time. The short teaser showed off Rocket League running on UE6 with shinier car models, improved lighting, and smoother effects. Epic also hinted at future plans focused on connected gaming ecosystems and creator-driven experiences.

Unreal Engine 6 Officially Revealed

Rocket League became the first major game shown running on Unreal Engine 6. The short trailer featured glossy vehicles, advanced graphics, and quick action to showcase some of the features that are possible with the engine. Epic even hinted at how Rocket League might be used to test UE6 networking technology in the future.

Although graphics enhancements are still crucial, this game aims at many other things beyond graphics. Epic is seeking ways to make game development, as well as its related tools, more connected in the future. Such an approach could enable content and gameplay sharing among various projects.

The engine also introduced new technologies such as Lumen and Nanite, which helped generate more realistic worlds and lighting. Most AAA titles nowadays use Unreal Engine 5 for its advanced graphics technology and ability to create larger game worlds.

Several major gaming studios have begun relying on Unreal Engine 5 for next-generation game development. Unreal Engine 5 has become a popular choice for major game studios. Halo developers reportedly use UE5 for future titles, while CD Projekt Red develops The Witcher 4 and Cyberpunk 2 on the engine. This trend shows the strong industry adoption of Epic’s technology.

Release Date and Future Updates

Epic Games is keeping most details about this game under wraps for now. The company has not confirmed release dates for either the engine or Rocket League’s UE6 update. Still, future showcases are expected to reveal more features, and many gamers believe Epic’s major titles, including Fortnite, will eventually shift to Unreal Engine 6.

#Epic #Games #Introduces #Unreal #Engine #Rocket #League #EraEpic Games

Congressman Al Green, the incumbent representative for the 18th Congressional District in Texas, lost to fellow House Representative Christian Menefee in a runoff election in the Democratic primary for a seat in Congress on Tuesday, and one crypto-focused political action committee (PAC) announced that the loss should be taken as a warning shot to future candidates. Fairshake and other crypto-related PACs dumped millions of dollars into the primary election to oust Green, who has held a seat in Congress for twenty years.

The contest played out across multiple stages following Republican-led redistricting that effectively merged elements of two Houston-area congressional districts into one. The redraw consolidated portions of both incumbents’ districts into a newly drawn 18th, forcing the two Democratic incumbents to compete against each other. In the March primary, both Menefee and Green advanced as the top two finishers but fell short of a majority, forcing the runoff, which Menefee won with nearly 70% of the vote. The victory in the safely Democratic district means Menefee is heavily favored in the November general election.

Fairshake and its affiliated group Protect Progress poured millions into backing Menefee, with The Texas Tribune reporting more than $4 million in outside spending from one crypto super PAC alone, the Fairshake-affiliated Protect Progress. According to The Block, Green earned an F rating from the industry-aligned Stand with Crypto group after voting against both the GENIUS stablecoin legislation and the Clarity Act. Green had also publicly warned that digital assets could undermine the dollar’s global dominance and pose risks to national security. In contrast, Menefee received an A rating from the same group and has spoken positively about blockchain’s potential to improve trust, transparency, and efficiency in finance and supply chains.

Once the results became clear, Fairshake released a confrontational statement: “Rep. Green’s defeat proves that anti-crypto hostility carries real electoral consequences, making him the first Democratic incumbent this cycle to lose his seat. Fairshake was the difference-maker in this race, and we will continue to aggressively back leaders like Rep. Menefee across the country.”

The crypto lobby has been credited with giving a massive boost to Donald Trump during the 2024 presidential election following a speech he gave at the 2024 Bitcoin conference in Nashville, Tennessee, where he made several positive statements regarding bitcoin and crypto, including a stated desire to establish a strategic bitcoin reserve. Industry-backed super PACs, including Fairshake, Protect Progress, and Defend American Jobs, spent more than $133 million across federal races that cycle, according to OpenSecrets. Major donors included Coinbase, Ripple, Jump Crypto, and Andreessen Horowitz.

A recent New York Times report has pointed to similar concerns around the money involved in the CFTC’s strong stance regarding federal authority over the emerging prediction markets and crypto industries. Among the claims, the report alleges that senior CFTC officials under then-acting chair Caroline Pham helped clear regulatory hurdles for several firms tied to Trump family business interests.

The Trump family’s involvement in the crypto industry more generally has also been heavily criticized for “unprecedented corruption.” Duke University lecturing fellow Lee Reiners recently indicated that the Trump-linked World Liberty Financial stands to benefit tremendously from the Clarity Act, which is currently making its way through the Senate. Reiners, a former bank examiner, analyzed World Liberty Financial’s WLFI token and concluded it functions as an unregistered security under the Howey test due to its structure, profit expectations, and centralized control. If passed as written, the legislation would likely reclassify those tokens as network commodities, moving them outside much of the securities-law framework for disclosures and antifraud enforcement. Critics say that would benefit the Trump family’s crypto interests and deepen concerns about self-dealing and conflicts of interest during the president’s second term.

The Clarity Act is intended to clarify how the crypto industry will be regulated in the United States. The specifics of the legislation are still being worked out after intense debate between crypto and banking interests in the U.S. Notably, Coinbase CEO Brian Armstrong threw his weight around back in March by indicating a previous draft of the bill would be worse than having no bill at all. He cited provisions that would amount to a de facto ban on tokenized equities and impose overly broad restrictions on decentralized finance. Coinbase is a massive contributor to the aforementioned crypto PACs, having given more than $75 million to Fairshake and its affiliates during the 2024 cycle and committing an additional $25 million for the 2026 midterms, according to CNBC.

Although the crypto industry has spent massively on political campaigns over the past few years and they were successful in this most recent runoff election in Texas, the Clarity Act is still not a slam dunk, as Democrats (and some Republicans) are pushing for ethics language to prevent the sort of corrupt profiteering by lawmakers that Trump has been alleged to have conducted. 

#Cryptos #Powerful #PAC #Sends #Warning #Politicians #Resistance #FutileBitcoin,CLARITY Act,Donald Trump,Fairshake,Marc Andreessen">Crypto’s Most Powerful PAC Sends a Warning to Politicians: Resistance Is Futile Congressman Al Green, the incumbent representative for the 18th Congressional District in Texas, lost to fellow House Representative Christian Menefee in a runoff election in the Democratic primary for a seat in Congress on Tuesday, and one crypto-focused political action committee (PAC) announced that the loss should be taken as a warning shot to future candidates. Fairshake and other crypto-related PACs dumped millions of dollars into the primary election to oust Green, who has held a seat in Congress for twenty years. The contest played out across multiple stages following Republican-led redistricting that effectively merged elements of two Houston-area congressional districts into one. The redraw consolidated portions of both incumbents’ districts into a newly drawn 18th, forcing the two Democratic incumbents to compete against each other. In the March primary, both Menefee and Green advanced as the top two finishers but fell short of a majority, forcing the runoff, which Menefee won with nearly 70% of the vote. The victory in the safely Democratic district means Menefee is heavily favored in the November general election. Fairshake and its affiliated group Protect Progress poured millions into backing Menefee, with The Texas Tribune reporting more than million in outside spending from one crypto super PAC alone, the Fairshake-affiliated Protect Progress. According to The Block, Green earned an F rating from the industry-aligned Stand with Crypto group after voting against both the GENIUS stablecoin legislation and the Clarity Act. Green had also publicly warned that digital assets could undermine the dollar’s global dominance and pose risks to national security. In contrast, Menefee received an A rating from the same group and has spoken positively about blockchain’s potential to improve trust, transparency, and efficiency in finance and supply chains. Once the results became clear, Fairshake released a confrontational statement: “Rep. Green’s defeat proves that anti-crypto hostility carries real electoral consequences, making him the first Democratic incumbent this cycle to lose his seat. Fairshake was the difference-maker in this race, and we will continue to aggressively back leaders like Rep. Menefee across the country.” The crypto lobby has been credited with giving a massive boost to Donald Trump during the 2024 presidential election following a speech he gave at the 2024 Bitcoin conference in Nashville, Tennessee, where he made several positive statements regarding bitcoin and crypto, including a stated desire to establish a strategic bitcoin reserve. Industry-backed super PACs, including Fairshake, Protect Progress, and Defend American Jobs, spent more than 3 million across federal races that cycle, according to OpenSecrets. Major donors included Coinbase, Ripple, Jump Crypto, and Andreessen Horowitz. A recent New York Times report has pointed to similar concerns around the money involved in the CFTC’s strong stance regarding federal authority over the emerging prediction markets and crypto industries. Among the claims, the report alleges that senior CFTC officials under then-acting chair Caroline Pham helped clear regulatory hurdles for several firms tied to Trump family business interests. The Trump family’s involvement in the crypto industry more generally has also been heavily criticized for “unprecedented corruption.” Duke University lecturing fellow Lee Reiners recently indicated that the Trump-linked World Liberty Financial stands to benefit tremendously from the Clarity Act, which is currently making its way through the Senate. Reiners, a former bank examiner, analyzed World Liberty Financial’s WLFI token and concluded it functions as an unregistered security under the Howey test due to its structure, profit expectations, and centralized control. If passed as written, the legislation would likely reclassify those tokens as network commodities, moving them outside much of the securities-law framework for disclosures and antifraud enforcement. Critics say that would benefit the Trump family’s crypto interests and deepen concerns about self-dealing and conflicts of interest during the president’s second term. The Clarity Act is intended to clarify how the crypto industry will be regulated in the United States. The specifics of the legislation are still being worked out after intense debate between crypto and banking interests in the U.S. Notably, Coinbase CEO Brian Armstrong threw his weight around back in March by indicating a previous draft of the bill would be worse than having no bill at all. He cited provisions that would amount to a de facto ban on tokenized equities and impose overly broad restrictions on decentralized finance. Coinbase is a massive contributor to the aforementioned crypto PACs, having given more than million to Fairshake and its affiliates during the 2024 cycle and committing an additional million for the 2026 midterms, according to CNBC. Although the crypto industry has spent massively on political campaigns over the past few years and they were successful in this most recent runoff election in Texas, the Clarity Act is still not a slam dunk, as Democrats (and some Republicans) are pushing for ethics language to prevent the sort of corrupt profiteering by lawmakers that Trump has been alleged to have conducted.  #Cryptos #Powerful #PAC #Sends #Warning #Politicians #Resistance #FutileBitcoin,CLARITY Act,Donald Trump,Fairshake,Marc Andreessen

with nearly 70% of the vote. The victory in the safely Democratic district means Menefee is heavily favored in the November general election.

Fairshake and its affiliated group Protect Progress poured millions into backing Menefee, with The Texas Tribune reporting more than $4 million in outside spending from one crypto super PAC alone, the Fairshake-affiliated Protect Progress. According to The Block, Green earned an F rating from the industry-aligned Stand with Crypto group after voting against both the GENIUS stablecoin legislation and the Clarity Act. Green had also publicly warned that digital assets could undermine the dollar’s global dominance and pose risks to national security. In contrast, Menefee received an A rating from the same group and has spoken positively about blockchain’s potential to improve trust, transparency, and efficiency in finance and supply chains.

Once the results became clear, Fairshake released a confrontational statement: “Rep. Green’s defeat proves that anti-crypto hostility carries real electoral consequences, making him the first Democratic incumbent this cycle to lose his seat. Fairshake was the difference-maker in this race, and we will continue to aggressively back leaders like Rep. Menefee across the country.”

The crypto lobby has been credited with giving a massive boost to Donald Trump during the 2024 presidential election following a speech he gave at the 2024 Bitcoin conference in Nashville, Tennessee, where he made several positive statements regarding bitcoin and crypto, including a stated desire to establish a strategic bitcoin reserve. Industry-backed super PACs, including Fairshake, Protect Progress, and Defend American Jobs, spent more than $133 million across federal races that cycle, according to OpenSecrets. Major donors included Coinbase, Ripple, Jump Crypto, and Andreessen Horowitz.

A recent New York Times report has pointed to similar concerns around the money involved in the CFTC’s strong stance regarding federal authority over the emerging prediction markets and crypto industries. Among the claims, the report alleges that senior CFTC officials under then-acting chair Caroline Pham helped clear regulatory hurdles for several firms tied to Trump family business interests.

The Trump family’s involvement in the crypto industry more generally has also been heavily criticized for “unprecedented corruption.” Duke University lecturing fellow Lee Reiners recently indicated that the Trump-linked World Liberty Financial stands to benefit tremendously from the Clarity Act, which is currently making its way through the Senate. Reiners, a former bank examiner, analyzed World Liberty Financial’s WLFI token and concluded it functions as an unregistered security under the Howey test due to its structure, profit expectations, and centralized control. If passed as written, the legislation would likely reclassify those tokens as network commodities, moving them outside much of the securities-law framework for disclosures and antifraud enforcement. Critics say that would benefit the Trump family’s crypto interests and deepen concerns about self-dealing and conflicts of interest during the president’s second term.

The Clarity Act is intended to clarify how the crypto industry will be regulated in the United States. The specifics of the legislation are still being worked out after intense debate between crypto and banking interests in the U.S. Notably, Coinbase CEO Brian Armstrong threw his weight around back in March by indicating a previous draft of the bill would be worse than having no bill at all. He cited provisions that would amount to a de facto ban on tokenized equities and impose overly broad restrictions on decentralized finance. Coinbase is a massive contributor to the aforementioned crypto PACs, having given more than $75 million to Fairshake and its affiliates during the 2024 cycle and committing an additional $25 million for the 2026 midterms, according to CNBC.

Although the crypto industry has spent massively on political campaigns over the past few years and they were successful in this most recent runoff election in Texas, the Clarity Act is still not a slam dunk, as Democrats (and some Republicans) are pushing for ethics language to prevent the sort of corrupt profiteering by lawmakers that Trump has been alleged to have conducted. 

#Cryptos #Powerful #PAC #Sends #Warning #Politicians #Resistance #FutileBitcoin,CLARITY Act,Donald Trump,Fairshake,Marc Andreessen">Crypto’s Most Powerful PAC Sends a Warning to Politicians: Resistance Is FutileCrypto’s Most Powerful PAC Sends a Warning to Politicians: Resistance Is Futile Congressman Al Green, the incumbent representative for the 18th Congressional District in Texas, lost to fellow House Representative Christian Menefee in a runoff election in the Democratic primary for a seat in Congress on Tuesday, and one crypto-focused political action committee (PAC) announced that the loss should be taken as a warning shot to future candidates. Fairshake and other crypto-related PACs dumped millions of dollars into the primary election to oust Green, who has held a seat in Congress for twenty years. The contest played out across multiple stages following Republican-led redistricting that effectively merged elements of two Houston-area congressional districts into one. The redraw consolidated portions of both incumbents’ districts into a newly drawn 18th, forcing the two Democratic incumbents to compete against each other. In the March primary, both Menefee and Green advanced as the top two finishers but fell short of a majority, forcing the runoff, which Menefee won with nearly 70% of the vote. The victory in the safely Democratic district means Menefee is heavily favored in the November general election. Fairshake and its affiliated group Protect Progress poured millions into backing Menefee, with The Texas Tribune reporting more than $4 million in outside spending from one crypto super PAC alone, the Fairshake-affiliated Protect Progress. According to The Block, Green earned an F rating from the industry-aligned Stand with Crypto group after voting against both the GENIUS stablecoin legislation and the Clarity Act. Green had also publicly warned that digital assets could undermine the dollar’s global dominance and pose risks to national security. In contrast, Menefee received an A rating from the same group and has spoken positively about blockchain’s potential to improve trust, transparency, and efficiency in finance and supply chains. Once the results became clear, Fairshake released a confrontational statement: “Rep. Green’s defeat proves that anti-crypto hostility carries real electoral consequences, making him the first Democratic incumbent this cycle to lose his seat. Fairshake was the difference-maker in this race, and we will continue to aggressively back leaders like Rep. Menefee across the country.” The crypto lobby has been credited with giving a massive boost to Donald Trump during the 2024 presidential election following a speech he gave at the 2024 Bitcoin conference in Nashville, Tennessee, where he made several positive statements regarding bitcoin and crypto, including a stated desire to establish a strategic bitcoin reserve. Industry-backed super PACs, including Fairshake, Protect Progress, and Defend American Jobs, spent more than $133 million across federal races that cycle, according to OpenSecrets. Major donors included Coinbase, Ripple, Jump Crypto, and Andreessen Horowitz. A recent New York Times report has pointed to similar concerns around the money involved in the CFTC’s strong stance regarding federal authority over the emerging prediction markets and crypto industries. Among the claims, the report alleges that senior CFTC officials under then-acting chair Caroline Pham helped clear regulatory hurdles for several firms tied to Trump family business interests. The Trump family’s involvement in the crypto industry more generally has also been heavily criticized for “unprecedented corruption.” Duke University lecturing fellow Lee Reiners recently indicated that the Trump-linked World Liberty Financial stands to benefit tremendously from the Clarity Act, which is currently making its way through the Senate. Reiners, a former bank examiner, analyzed World Liberty Financial’s WLFI token and concluded it functions as an unregistered security under the Howey test due to its structure, profit expectations, and centralized control. If passed as written, the legislation would likely reclassify those tokens as network commodities, moving them outside much of the securities-law framework for disclosures and antifraud enforcement. Critics say that would benefit the Trump family’s crypto interests and deepen concerns about self-dealing and conflicts of interest during the president’s second term. The Clarity Act is intended to clarify how the crypto industry will be regulated in the United States. The specifics of the legislation are still being worked out after intense debate between crypto and banking interests in the U.S. Notably, Coinbase CEO Brian Armstrong threw his weight around back in March by indicating a previous draft of the bill would be worse than having no bill at all. He cited provisions that would amount to a de facto ban on tokenized equities and impose overly broad restrictions on decentralized finance. Coinbase is a massive contributor to the aforementioned crypto PACs, having given more than $75 million to Fairshake and its affiliates during the 2024 cycle and committing an additional $25 million for the 2026 midterms, according to CNBC. Although the crypto industry has spent massively on political campaigns over the past few years and they were successful in this most recent runoff election in Texas, the Clarity Act is still not a slam dunk, as Democrats (and some Republicans) are pushing for ethics language to prevent the sort of corrupt profiteering by lawmakers that Trump has been alleged to have conducted.  #Cryptos #Powerful #PAC #Sends #Warning #Politicians #Resistance #FutileBitcoin,CLARITY Act,Donald Trump,Fairshake,Marc Andreessen

Congressman Al Green, the incumbent representative for the 18th Congressional District in Texas, lost to fellow House Representative Christian Menefee in a runoff election in the Democratic primary for a seat in Congress on Tuesday, and one crypto-focused political action committee (PAC) announced that the loss should be taken as a warning shot to future candidates. Fairshake and other crypto-related PACs dumped millions of dollars into the primary election to oust Green, who has held a seat in Congress for twenty years.

The contest played out across multiple stages following Republican-led redistricting that effectively merged elements of two Houston-area congressional districts into one. The redraw consolidated portions of both incumbents’ districts into a newly drawn 18th, forcing the two Democratic incumbents to compete against each other. In the March primary, both Menefee and Green advanced as the top two finishers but fell short of a majority, forcing the runoff, which Menefee won with nearly 70% of the vote. The victory in the safely Democratic district means Menefee is heavily favored in the November general election.

Fairshake and its affiliated group Protect Progress poured millions into backing Menefee, with The Texas Tribune reporting more than $4 million in outside spending from one crypto super PAC alone, the Fairshake-affiliated Protect Progress. According to The Block, Green earned an F rating from the industry-aligned Stand with Crypto group after voting against both the GENIUS stablecoin legislation and the Clarity Act. Green had also publicly warned that digital assets could undermine the dollar’s global dominance and pose risks to national security. In contrast, Menefee received an A rating from the same group and has spoken positively about blockchain’s potential to improve trust, transparency, and efficiency in finance and supply chains.

Once the results became clear, Fairshake released a confrontational statement: “Rep. Green’s defeat proves that anti-crypto hostility carries real electoral consequences, making him the first Democratic incumbent this cycle to lose his seat. Fairshake was the difference-maker in this race, and we will continue to aggressively back leaders like Rep. Menefee across the country.”

The crypto lobby has been credited with giving a massive boost to Donald Trump during the 2024 presidential election following a speech he gave at the 2024 Bitcoin conference in Nashville, Tennessee, where he made several positive statements regarding bitcoin and crypto, including a stated desire to establish a strategic bitcoin reserve. Industry-backed super PACs, including Fairshake, Protect Progress, and Defend American Jobs, spent more than $133 million across federal races that cycle, according to OpenSecrets. Major donors included Coinbase, Ripple, Jump Crypto, and Andreessen Horowitz.

A recent New York Times report has pointed to similar concerns around the money involved in the CFTC’s strong stance regarding federal authority over the emerging prediction markets and crypto industries. Among the claims, the report alleges that senior CFTC officials under then-acting chair Caroline Pham helped clear regulatory hurdles for several firms tied to Trump family business interests.

The Trump family’s involvement in the crypto industry more generally has also been heavily criticized for “unprecedented corruption.” Duke University lecturing fellow Lee Reiners recently indicated that the Trump-linked World Liberty Financial stands to benefit tremendously from the Clarity Act, which is currently making its way through the Senate. Reiners, a former bank examiner, analyzed World Liberty Financial’s WLFI token and concluded it functions as an unregistered security under the Howey test due to its structure, profit expectations, and centralized control. If passed as written, the legislation would likely reclassify those tokens as network commodities, moving them outside much of the securities-law framework for disclosures and antifraud enforcement. Critics say that would benefit the Trump family’s crypto interests and deepen concerns about self-dealing and conflicts of interest during the president’s second term.

The Clarity Act is intended to clarify how the crypto industry will be regulated in the United States. The specifics of the legislation are still being worked out after intense debate between crypto and banking interests in the U.S. Notably, Coinbase CEO Brian Armstrong threw his weight around back in March by indicating a previous draft of the bill would be worse than having no bill at all. He cited provisions that would amount to a de facto ban on tokenized equities and impose overly broad restrictions on decentralized finance. Coinbase is a massive contributor to the aforementioned crypto PACs, having given more than $75 million to Fairshake and its affiliates during the 2024 cycle and committing an additional $25 million for the 2026 midterms, according to CNBC.

Although the crypto industry has spent massively on political campaigns over the past few years and they were successful in this most recent runoff election in Texas, the Clarity Act is still not a slam dunk, as Democrats (and some Republicans) are pushing for ethics language to prevent the sort of corrupt profiteering by lawmakers that Trump has been alleged to have conducted. 

#Cryptos #Powerful #PAC #Sends #Warning #Politicians #Resistance #FutileBitcoin,CLARITY Act,Donald Trump,Fairshake,Marc Andreessen

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