Lost doge: A crypto millionaire finds his way back after Trump victory, but might pay dearly

Dec 10, 2024
Glauber Contessoto might be the biggest dogecoin evangelist not named Elon Musk. He's got one big worry now.
Glauber Contessoto (left) poses at the premiere of a film about dogecoin at the 2023 Tribeca Film Festival.
Jamie McCarthy/Getty Images for Tribeca Festival

A global update on bad actors in cryptocurrency

Economic sanctions, as well as frauds and scams, tend to drive illicit crypto activity in the countries where it's most prevalent.
Jack Taylor/Getty Images

Bitcoin's latest surge is great for miners — not so much for the environment

Dec 5, 2024
The companies whose transactions create bitcoin do well when the currency is up, but need more energy to keep going.
A bitcoin mining plant in Niagara Falls, New York.
Geoff Robins/AFP via Getty Images

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

For public good, not for profit.

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

FTX founder Sam Bankman-Fried sentenced to 25 years in prison

Mar 28, 2024
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.
Above, Sam Bankman-Fried in March 2023. On Thursday, Bankman-Fried was sentenced to 25 years in prison for fraud and conspiracy.
Drew Angerer/Getty Images

New York state awaits governor's decision on partial crypto mining moratorium

Jun 23, 2022
The 2-year moratorium prevents the repurposing of fossil-fuel burning power plants into crypto mining operations.
A large metal tube juts into Seneca Lake. The Greenidge Generation crypto mining facility uses the tube to take in water to cool its equipment. The warmer water is then discharged back into the lake.
Lily Jamali/Marketplace