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GOP Calls Commerce Secretary Over Crypto PAC's $1.75M Texas Primary Bet

Republican leaders pressed Commerce Secretary Howard Lutnick this week to intervene after a crypto-linked super PAC with direct ties to his former firm spent $1.75 million backing Ken Paxton in the May 26 Texas Republican Senate primary, a move that put the industry on a collision course with the party it has spent hundreds of millions of dollars cultivating. According to Axios reporting from April 24, senior GOP officials phoned Lutnick after Fellowship PAC disclosed the pro-Paxton spend in a Federal Election Commission filing.

April 24, 2026Read →

Mantle Proposes $69M ETH Loan to Aave, Would Gain Major Governance Stake in Return

Mantle's Core Contributor Team published an early-stage governance proposal on April 24 to lend up to 30,000 ETH to Aave DAO, offering a lifeline to the lending protocol after a $292 million exploit of Kelp DAO's bridge left Aave facing bad debt that, depending on how losses are distributed, could range from approximately $123.7 million to $230.1 million.

April 24, 2026Read →