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Crypto firms emerge as top spenders this election

Aug 23, 2024
Crypto companies have spent more than $119 million so far, almost half of corporate money given during elections this year.
Matt Cardy/Getty Images

In a rural Texas town, the constant hum of a bitcoin mine haunts residents

Aug 7, 2024
People have attributed symptoms from ringing ears to heart issues to the noise, Andrew Chow of Time explains.
Cryptocurrency mines are basically facilities that hold thousands of computers, which are cooled by fans.
Maxim Zmeyev/AFP via Getty Images

Republicans are embracing crypto

Jul 17, 2024
The official Republican platform adopted earlier this week says the party will "defend the right to mine bitcoin."
"The crypto industry has raised and spent an incredible amount of money influencing elections," said Duke University's Lee Reiners.
Roslan Rahman/AFP via Getty Images

Trump campaign will now accept crypto contributions

May 27, 2024
The Federal Election Commission says crypto donations are subject to the same rules and contribution limits as conventional contributions are — but some states ban them, as the currencies are harder to trace and regulate.
Andrew Harnik/Getty Images

SEC moves closer to blessing ether ETFs, cheering crypto fans

May 24, 2024
It could soon be easier to buy and sell ether, a cousin of bitcoin, via traditional market mechanisms.
Instead of directly buying the cryptocurrency, a spot ETF would allow an asset manager to do it for you.
S3studio/Getty Images

What is the bitcoin "halving"?

Apr 19, 2024
Bitcoin halving happens approximately every four years, and it's a big deal for the philosophical premise of the cryptocurrency.
Dan Kitwood/Getty Images

Bitcoin devotees are rejoicing after the latest crypto thaw

Mar 1, 2024
The cryptocurrency's price is up about 40 percent this year, inching closer to its pandemic-era high of nearly $69,000 per coin, and vindicating those who held on through recent lows.
Chesnot/Getty Images

For public good, not for profit.

The federal government wants to know how much electricity crypto uses. Crypto firms aren't happy.

Feb 5, 2024
The feds want data from crypto miners. The miners may file suit to block the request.
Crypto mining consumes as much as 2% of all electricity in the U.S., according to the Energy Information Administration. Above, a bitcoin mining operation in Rockdale, Texas.
Mark Felix/AFP via Getty Images

What financial advisers are saying about the new bitcoin ETFs

Jan 17, 2024
Exchange-traded funds are basically an easy way to invest in bitcoin from one's brokerage account. The SEC approved the bitcoin EFTs last week.
The new ETF will make investing in bitcoin easier. But financial advisers aren't sold on the risk factor.
Photo illustration by Chesnot/Getty Images

Has El Salvador’s bitcoin gamble paid off?

Nov 8, 2023
Two years after El Salvador approved bitcoin as legal tender, only 1% of remittances are in bitcoin and many people don’t use it.
Coffee shop owner Gabe Gutierrez said bitcoin accounts for 5% to 10% of his sales.
BBC