Cryptocurrency

Bitcoin hit a record high Monday, with investors expecting the next administration to be more crypto-friendly.

Crypto companies have spent more than $119 million so far, almost half of corporate money given during elections this year.

People have attributed symptoms from ringing ears to heart issues to the noise, Andrew Chow of Time explains.

The official Republican platform adopted earlier this week says the party will "defend the right to mine bitcoin."

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.

It could soon be easier to buy and sell ether, a cousin of bitcoin, via traditional market mechanisms.

Crypto entrepreneur Sam Bankman-Fried was sentenced to 25 years in prison for a massive fraud that unraveled with the collapse of FTX, the massive crypto exchange.

Two years after El Salvador approved bitcoin as legal tender, only 1% of remittances are in bitcoin and many people don’t use it.

But it's only one tool for evading sanctions. And it's actually easier to track cryptocurrency movement than you might think.

"There were red flags all over FTX," said the New York Times' David Yaffe-Bellany. "Even in the kind of renegade world of crypto, these sort of lessons from traditional finance still apply."