The crypto industry spent $64 million in the US midterm elections but failed to prevent Sherrod Brown's re-election.

In the US midterm elections, the crypto industry spent over $64 million but failed to prevent Sherrod Brown's re-election, and several Republican lawmakers who support cryptocurrencies lost their seats. Pro-crypto Republicans Bryan Steil, Zach Nunn, and Ann Wagner lost their seats, and Mike Lawler has conceded defeat. (Source: Associated Press)