Dabbling in crypto? You must tell IRS about these transactions
Millions of buyers and sellers of cryptocurrency will need to declare their digital currency transactions to the IRS.
Cryptocurrency
Crypto platform Wormhole restores $320 million lost in hack
Wormhole hack is one of biggest crypto heists in history, second only to $611 million theft at Poly Network last summer.
Yes, you must pay taxes on cryptocurrency trades. Here's how.
The IRS treats digital currencies as property, which means they're taxed similarly to stocks.
NYC Mayor Eric Adams converts first paycheck into crypto
"New York is the center of the world, and we want it to be the center of cryptocurrency," the city's new mayor said.
Crypto.com says hackers stole more than $30M in bitcoin, ethereum
Cryptocurrency exchange temporarily suspended withdrawals after cybercriminals raided 483 customer accounts.
Kim Kardashian and other celebs sued over alleged crypto scam
Former NBA star Paul Pierce and boxer Floyd Mayweather also targeted in lawsuit alleging investors were scammed.
Bitcoin has its own 1% who control outsized share of wealth
"Significant skewness in ownership" of bitcoin suggests future wealth will fall "disproportionately to a small set of participants," researchers said.
Walmart shoppers can buy bitcoin at kiosks in some stores
Cryptocurrency becoming more mainstream as largest U.S. retailer hosts Coinstar machines in 200 locations.
Bitcoin tops $66,000 on mainstream hopes for crypto craze
Launch of the first exchange-traded fund linked to bitcoin draws new investors hoping to bet on the digital asset
Interested in bitcoin? Here's a new way to invest
First U.S. exchange-traded fund tied to the digital coin launches on the New York Stock Exchange.
Will industrial-scale bitcoin mining impact the environment?
The opportunity to make big money is attracting huge investments to industrial-scale bitcoin mining, with thousands of supercomputer mining machines and enormous energy demand.
China bans cryptocurrency transactions in sweeping crackdown
Price of bitcoin and other digital currencies slumps after China's central bank moves to tighten controls.
Bitcoin is legal currency in El Salvador — but its rollout hits major snags
Several hours into the first day, the government's digital wallet app that allows its citizens to transact in the volatile cryptocurrency suffered snags — and the price of bitcoin fell as much as 10%.
Hackers steal $600 million — then have second thoughts
Digital currency theft is thought to be one of the biggest ever, though the thieves have returned much of the loot.
Bitcoin crash wipes out nearly all its 2021 gains
The digital currency has tumbled since being valued at more than $63,000 earlier this year.
El Salvador becomes first country to adopt Bitcoin as legal tender
"It will bring financial inclusion, investment, tourism, innovation and economic development for our country," El Salvador's president said.
U.S. recovers $2.3 million in ransom paid to Colonial Pipeline hackers
The FBI tracked and seized 63.7 bitcoins sent to hackers from the criminal group known as DarkSide.
Wall Street, Main Street firms embraced bitcoin. Now it's crashing.
A sudden downdraft in the price of bitcoin is casting doubts about the future of cryptocurrencies.
Why has the price of bitcoin dropped like a stone?
Digital currencies have slumped after Chinese banking authorities moved to clamp down on their usage.
Cryptocurrency investment scams soar 1,000% since fall
Scammers are posing as celebrities to poach bitcoin and other cryptocurrencies from investors, the FTC said.
Tesla will no longer accept Bitcoin payments, citing environment
A 2019 study concluded that the entire Bitcoin network was responsible for up to 22.9 million tons of CO2 per year.
Tesla earned more from bitcoin than cars last quarter
Elon Musk's electric car maker made more money than ever in a single quarter, but none of it was from making cars.
Bitcoins, coming soon to an ATM near you?
If current trends continue, there really will be a digital currency kiosk on every corner.
Tesla has made $1 billion on bitcoin in less than a month
Electric car maker earned more from its bet on the digital currency than it made selling vehicles last year.
Bitcoin prices top $50,000 for the first time
Wall Street analysts predict more companies are likely to embrace cryptocurrencies and blockchain tech.
Technology
Bezos denies Musk claim that the Amazon founder predicted Trump loss
Elon Musk and Jeff Bezos — the two richest people on the planet — are squabbling over social media. No, really.
Justice Department calls for breakup of Google and sale of Chrome
The proposed breakup calls for Google to sell its industry-leading Chrome web browser and impose restrictions designed to prevent its Android smartphone software from favoring its search engine.
How AI powered robots are helping small farms
From labor shortages to environmental impacts, farmers are looking to AI to help revolutionize the agriculture industry. One California startup, Farm-ng, is tapping into the power of AI and robotics to perform a wide range of tasks, including seeding, weeding and harvesting.
Reddit is down for many users, reports say. Here's what to know.
Reddit says it's investigating after users on Wednesday reported problems connecting to the online forum.
Deepfakes of Elon Musk contribute to billions in fraud losses
A study found that Elon Musk is the most common celebrity used in deepfake scams.
Smart home security tips for personal and cyber protection
ZDNet Editor-in-Chief Jason Hiner explains best practices for setup and success of smart home security systems.
SpaceX successfully tests Starship
SpaceX successfully launched its Super Heavy-Starship rocket from Texas for its sixth test flight Tuesday with its CEO Elon Musk and President-elect Donald Trump looking on. CBS News correspondent Jason Allen has more on the launch.
Here's what Trump's FCC pick, Brendan Carr, wrote in Project 2025
Brendan Carr wrote Project 2025's chapter on overhauling the Federal Communications Commission. Here's what to know.
Google's Chrome browser could be sold
The Justice Department is reportedly asking a judge to force Google's parent company to sell its Chrome browser following a ruling that declared the company's search engine practices an illegal monopoly.
U.S.
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Trump's proposed tariffs could raise U.S. grocery prices, analysis finds
Donald Trump's proposed tariffs could raise costs for U.S. consumers, economists say. Here's how much grocery bills could rise.
McBride: GOP trying to "manufacture a crisis" with transgender Capitol bathroom ban
Sarah McBride, set to be the first transgender member of Congress, talked with CBS News' Scott MacFarlane and commented on the GOP's effort to restrict bathroom use.
RFK Jr. weighing FDA crackdown on food additives under Trump
Kennedy's team is weighing a significant rewrite of the FDA's rules.
What do Cabinet members do? Here are the expectations for each role
These are the president's top advisers and the highest-ranked U.S. officials. Here's what Cabinet members do — and some issues they're likely to face if confirmed by the Senate.
Mexican cartel leader who faked own death arrested in California
Cristian Fernando Gutierrez-Ochoa — the son-in-law of Jalisco New Generation cartel leader "El Mencho" — was arrested in Riverside, California, officials said.
MoneyWatch
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Trump's proposed tariffs could raise U.S. grocery prices, analysis finds
Donald Trump's proposed tariffs could raise costs for U.S. consumers, economists say. Here's how much grocery bills could rise.
BJ's Wholesale Club hikes membership fees for first time since 2018
Warehouse chain follows rival Costco in raising amount its 7.5 million members must pay to shop at BJ's stores.
Bezos denies Musk claim that the Amazon founder predicted Trump loss
Elon Musk and Jeff Bezos — the two richest people on the planet — are squabbling over social media. No, really.
Here's where Elon Musk says his DOGE will aim to cut federal spending
Billionaires Elon Musk and Vivek Ramaswamy say the Department of Government Efficiency has targets in mind for cost cutting.
McDonald's to serve up a McValue offering in 2025. Here's what it includes.
McDonald's wants to make dining at its restaurants affordable for customers again with new value offerings.
Politics
More Politics
McBride: GOP trying to "manufacture a crisis" with transgender Capitol bathroom ban
Sarah McBride, set to be the first transgender member of Congress, talked with CBS News' Scott MacFarlane and commented on the GOP's effort to restrict bathroom use.
RFK Jr. weighing FDA crackdown on food additives under Trump
Kennedy's team is weighing a significant rewrite of the FDA's rules.
What do Cabinet members do? Here are the expectations for each role
These are the president's top advisers and the highest-ranked U.S. officials. Here's what Cabinet members do — and some issues they're likely to face if confirmed by the Senate.
Matt Gaetz withdraws as attorney general nominee
President-elect Donald Trump announced Gaetz as his nominee to be attorney general last week.
Here's where Elon Musk says his DOGE will aim to cut federal spending
Billionaires Elon Musk and Vivek Ramaswamy say the Department of Government Efficiency has targets in mind for cost cutting.
HealthWatch
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RFK Jr. weighing FDA crackdown on food additives under Trump
Kennedy's team is weighing a significant rewrite of the FDA's rules.
Why the latest bird flu case has experts worried about pandemic potential
A new potential case of bird flu in a California child without known contact with infected animals is raising concerns about a potential pandemic. Dr. Céline Gounder explains what to know.
New cases of bird flu in U.S.
CBS News medical contributor Dr. Celine Gounder joins "CBS Mornings" to discuss the latest on bird flu as new cases raise alarms among health officials. There have been 53 confirmed human cases across seven states this year. Health officials in California are reporting a possible case in a child who had no known contact with an infected animal.
Are food recalls and outbreaks on the rise?
The FDA says America's food supply is still "one of the safest in the world," despite some recent high-profile recalls and outbreaks.
McDonald's pulls espresso drinks from some U.S. menus
Lattes and other espresso-based drinks may not be available at some McDonald's restaurants due to a glitch with coffee machines.
World
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Former Brazilian President Bolsonaro indicted over alleged coup attempt
Former president Jair Bolsonaro and 36 other people were indicted for allegedly attempting a coup to keep him in office after his defeat in the 2022 elections.
Iceland volcano flares marking region's 7th eruption in one year
A volcano erupted in southern Iceland, near the town of Grindavík and the Blue Lagoon spa, marking the region's seventh eruption in a year.
Ancient amulet showing biblical king spearing devil is unearthed
The amulet was found during an ongoing excavation project in Hadrianopolis, an ancient city near Karabük, Turkey.
U.N. court ICC issues arrest warrants for Netanyahu and a Hamas leader
The leaders are accused of crimes against humanity and war crimes over the war in Gaza and the Oct. 7 Hamas attack on Israel.
Russia hits back after Ukraine's strike using U.S. long-range missiles
Dnipro bears the brunt of Moscow's first retaliatory strike after Ukraine fires U.S.-made missiles into Russia, and Ukraine claims Moscow may have used an ICBM.
Entertainment
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Connie Nielsen on returning to "Gladiator" after 24 years
Connie Nielsen opens up about returning as Lucilla in "Gladiator II," reuniting with director Ridley Scott and exploring her character's emotional journey.
Shelby Lynne on how personal struggles and friendships impacted her music
Singer-songwriter Shelby Lynne opens up about her new album and how her friendships helped save her when she thought her recording career could be over.
Malcolm Washington on "The Piano Lesson"
Making his feature directorial debut, Malcolm Washington brings August Wilson's Pulitzer-winning play to the screen with help from his father, Denzel Washington and siblings John David and Katia
Connie Nielsen on returning to "Gladiator"
Ahead of the sequel's release, Connie Nielsen joins "CBS Mornings" to talk about stepping back into the world of Ridley Scott's epic saga and her character's emotional journey.
Shelby Lynne on her journey and new album
After overcoming years of personal struggles, Grammy winner Shelby Lynne is back with her first album in years. She tells Anthony Mason why her return to recording came as a surprise, even to her.
Technology
More Technology
Bezos denies Musk claim that the Amazon founder predicted Trump loss
Elon Musk and Jeff Bezos — the two richest people on the planet — are squabbling over social media. No, really.
Justice Department calls for breakup of Google and sale of Chrome
The proposed breakup calls for Google to sell its industry-leading Chrome web browser and impose restrictions designed to prevent its Android smartphone software from favoring its search engine.
How AI powered robots are helping small farms
From labor shortages to environmental impacts, farmers are looking to AI to help revolutionize the agriculture industry. One California startup, Farm-ng, is tapping into the power of AI and robotics to perform a wide range of tasks, including seeding, weeding and harvesting.
Reddit is down for many users, reports say. Here's what to know.
Reddit says it's investigating after users on Wednesday reported problems connecting to the online forum.
Deepfakes of Elon Musk contribute to billions in fraud losses
A study found that Elon Musk is the most common celebrity used in deepfake scams.
Science
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How collecting pine cones helps renew Oregon forests after wildfires
Conservationists are teaming up with the U.S. Forest Service and logging companies to clear scorched land and make room for new reforestation projects.
Restoring forests decimated by wildfires
Large wildfires fueled by climate change have destroyed tens of millions of acres of forests in the Pacific Northwest in recent years. Jonathan Vigliotti explores a major effort underway to restore those forests.
Giraffes need endangered species protection, U.S. officials say
The U.S. Fish and Wildlife Service has proposed new protections for giraffes, saying their populations are threatened by poaching, habitat loss and climate change.
Carcass of massive endangered whale washes ashore in Alaska
The carcass was comparable to the width of a college basketball court and female, according to biologists.
Energy Secretary Granholm on Trump presidency
Former leaders and climate experts have issued a letter calling the U.N.'s annual climate meeting "no longer fit for purpose." Recently, CBS News spoke with U.S. Energy Secretary Jennifer Granholm about the summit and what the incoming Trump presidency means for clean energy and climate change. The conversation took place before the president-elect made his pick for energy secretary.
Crime
More Crime
Mexican cartel leader who faked own death arrested in California
Cristian Fernando Gutierrez-Ochoa — the son-in-law of Jalisco New Generation cartel leader "El Mencho" — was arrested in Riverside, California, officials said.
Alleged New York Stock Exchange terror plot
The FBI has arrested a Florida man who's accused of plotting to bomb the New York Stock Exchange. CBS News New York reporter Allen Devlin has more.
Dad of 14-year-old accused in Georgia school shooting pleads not guilty
Colin Gray and his son, Colt Gray, were both indicted in the Sept. 4 shooting that killed two students and two teachers and injured others.
Man found guilty for Laken Riley murder
A judge on Wednesday found Jose Ibarra guilty on all 10 counts in the murder of University of Georgia student Laken Riley. Ibarra was sentenced to life in prison without the possibility of parole.
Capitol rioter with "kill list" convicted of plot to murder FBI agents
Edward Kelley distributed a "kill list" and videos containing images of FBI employees to another person as part of his "mission," prosecutors say.
Space
More Space
Space
Trump, Musk attend SpaceX launch
President-elect Donald Trump attended SpaceX's sixth flight test of its Super Heavy-Starship on Tuesday with CEO Elon Musk. The burgeoning friendship between the two men played a key role in Trump's reelection, with Musk now set to run a government efficiency agency in the coming months. CBS News political reporter Jake Rosen and Politico aviation reporter Oriana Pawlyk join "America Decides" with more.
SpaceX launches Super Heavy-Starship, with Trump there to watch
President-elect Donald Trump was on hand with Elon Musk for the sixth test flight of SpaceX's huge Super Heavy-Starship rocket.
Far side of the moon once had erupting volcanoes, lunar soil shows
Researchers analyzed lunar soil brought back by China's Chang'e-6, the first spacecraft to return with a haul of rocks and dirt from the little-explored far side.
When you can see the Beaver Moon, 2024's final supermoon
November's full moon, known as the Beaver Moon, is the last supermoon of 2024. Here's when it peaks and why it's called the Beaver Moon.
Astronauts decline to answer questions about post-flight medical issue
Medical issues aside, the astronauts described a water leak in June that triggered a blizzard in the International Space Station's airlock.
Latest Galleries
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Notable Deaths in 2024
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Serial killer Rodney Alcala's secret photos
See some of convicted serial killer Rodney Alcala's photographs that were discovered by detectives in a Seattle storage locker.
The troubled marriage of Ashley and Doug Benefield
The seesaw marriage between the former ballerina and her much older husband only lasted four years, until she shot him on Sept. 27, 2020.
Evidence in "The Dexter Killer" case
A look at the evidence in "The Dexter Killer" case; plus, newly revealed letters from the man police say wanted to be like fictional serial killer Dexter Morgan.
Summer music heats up 2024
Live performances are in full swing this summer. Scroll through our concert gallery, featuring pictures by CBS News photojournalist Jake Barlow and photographers Ed Spinelli and Kirstine Walton.
Latest CBS News Videos
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Latest CBS News Videos
Lowriders of New Mexico I Sunday on 60 Minutes
Lowriders, with their vintage American automobiles, are turning the hobby’s bad-boy reputation on its head. This Sunday, Bill Whitaker travels to New Mexico, a hub of lowrider culture.
Average mortgage rate increases
The 30-year fixed mortgage rate appears to be rising as buyers await a good time to enter the market. Maria Avellaneda, an associate broker for Keller Williams NYC, joins CBS News with more.
Rep. Casten on Gaetz House Ethics report
Rep. Sean Casten, a Democrat from Illinois, tells CBS News he still wants the House Ethics Committee findings on former Florida Rep. Matt Gaetz to be made public. This comes as Capitol Hill reacts to news of Gaetz withdrawing from consideration for attorney general.
Netanyahu, Gallant ICC arrest warrants
The International Criminal Court issued arrest warrants for Israel's Benjamin Netanyahu and Yoav Gallant, the former defense minister of the Jewish State. CBS News' Elizabeth Palmer has more.
Former Rep. Upton on Gaetz decision
Former Michigan Rep. Fred Upton is weighing in on Matt Gaetz's decision to withdraw from consideration for attorney general. Upton joins CBS News with more on the House Ethics report on Gaetz's conduct.