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
Why drone hysteria has taken off
Alleged drone sightings have been multiplying exponentially, with more than 5,000 reported in the past few weeks. But experts say the majority of reports about unusual lights in the sky are probably anything but drones.
Why drone hysteria has taken off
By most accounts, alleged drone sightings have been multiplying exponentially, with more than 5,000 reported in just the past few weeks. But experts say the majority of reports about unusual lights in the sky are probably anything but drones. Correspondent Tom Hanson reports.
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.
Supreme Court agrees to hear case about TikTok ban
The Supreme Court said Wednesday it will hear an appeal from TikTok over a federal law that would ban the social media giant if it is not sold by its Chinese parent company. Jan Crawford has more.
Teen victim of deepfake porn urges Congress to pass "Take It Down Act"
Elliston Berry's life was turned upside down after a photo she posted on Instagram was digitally altered online to be pornographic.
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.
Supreme Court to decide on future of TikTok
The Supreme Court plans to hear arguments in January on a challenge to a new law that could lead to the popular social media app TikTok being banned in the U.S. The Biden administration and lawmakers say the Chinese government's ability to collect data from TikTok poses a significant national security risk, while the app and its Chinese parent company ByteDance argue that the law is unconstitutional. CBS News Supreme Court producer Catherine Cole has more.
FAA: Lithium battery fires on flights now occur nearly twice a week
FAA data shows that lithium battery fires on U.S. flights have risen 388% since 2015, now occurring nearly twice a week.
What's next for AI in 2025?
After a landmark year for AI advancements like chatbots and image generation, questions loom about the future. Generative AI expert Sam Gregory shares what's ahead.
U.S.
More U.S.
Mayorkas "alarmed" by social media rhetoric on UnitedHealthcare CEO killing
UnitedHealthcare CEO Brian Thompson was gunned down in New York earlier this month, and there has been some celebration on social media of the suspected killer.
Why drone hysteria has taken off
Alleged drone sightings have been multiplying exponentially, with more than 5,000 reported in the past few weeks. But experts say the majority of reports about unusual lights in the sky are probably anything but drones.
Poll: Most Americans think government is hiding information about drones
Over half of Americans see the drones that have been spotted over the East Coast as a threat to the U.S.
Americans more hopeful about 2025 than they were for 2024 — CBS News poll
Trump's election is a big part of the positive outlook, especially for Republicans.
Kari Lake says she has no intention of turning Voice of America into "Trump TV"
Kari Lake, a former broadcast journalist who unsuccessfully ran for governor and for a U.S. Senate seat in Arizona, is President-elect Donald Trump's selection to lead Voice of America.
MoneyWatch
More MoneyWatch
Party City files for bankruptcy, a day after announcing mass layoffs
Party City informed employees in an email on Friday that it was conducting an immediate "mass layoff" at its headquarters.
Senate approves bill to expand Social Security to millions of Americans
Senators approve a bill to expand Social Security benefits to millions of Americans, with President Biden expected to sign it into law.
How much more will it cost to heat your home this winter?
Here's what's driving up home heating costs, and how much families are expected to spend this winter.
IRS sending up to $1,400 to 1 million people. Here's who qualifies.
The IRS said it's sending out checks worth up to $1,400 to 1 million people. Here's what to know about the "special payments."
Feds sue Zelle, alleging nation's biggest banks failed to stop fraud
Government watchdog claims Americans lost hundreds of millions to fraud related to the bank-operated mobile payments network.
Politics
More Politics
Mayorkas "alarmed" by social media rhetoric on UnitedHealthcare CEO killing
UnitedHealthcare CEO Brian Thompson was gunned down in New York earlier this month, and there has been some celebration on social media of the suspected killer.
Transcript: Alejandro Mayorkas on "Face the Nation with Margaret Brennan," Dec. 22, 2024
The following is the full transcript of an interview with Homeland Security Secretary Alejandro Mayorkas on "Face the Nation with Margaret Brennan" that aired on Dec. 22, 2024.
Poll: Most Americans think government is hiding information about drones
Over half of Americans see the drones that have been spotted over the East Coast as a threat to the U.S.
Americans more hopeful about 2025 than they were for 2024 — CBS News poll
Trump's election is a big part of the positive outlook, especially for Republicans.
Kari Lake says she has no intention of turning Voice of America into "Trump TV"
Kari Lake, a former broadcast journalist who unsuccessfully ran for governor and for a U.S. Senate seat in Arizona, is President-elect Donald Trump's selection to lead Voice of America.
HealthWatch
More HealthWatch
HealthWatch
CDC releases concerning new flu numbers
Thirteen states reported "high" or "very high" levels of flu-like illness last week, according to the U.S. Centers for Disease Control and Prevention. That's double the number of states from the week before. Ali Bauman reports.
A teen's misdiagnosis led to medication, but surgery led to a cure
Isaac Klapper was 10 years old when he started having episodes of what doctors initially thought was a movement disorder.
Why fish, birds and other animals yawn too, according to an expert
Humans aren't alone when it comes to yawning — all vertebrates do it. But why? An expert explains the likely reason behind this "evolutionarily ancient" act.
Stuffing stockings with skincare? Here's what kids should and shouldn't be using
Skin care is all the rage for teens and tweens these days, but be careful not to give products that could cause more harm than good.
He went in for a colonoscopy. The hospital charged $19,000 for two.
A Chicago man was stuck with a big medical bill after undergoing a colonoscopy that found no evidence of cancer. Here's why.
World
More World
Israeli settlements, and the expanding divide of settlers and Palestinians
Today, upwards of 700,000 Israelis live in settlements which the U.N. calls illegal. "Sunday Morning" talks with two settlers and with Palestinians in the West Bank living on opposite sides of an Israeli security barrier.
German authorities had received tipoffs about Christmas market attack suspect
Police in Magdeburg, Germany, said Sunday that those who died were four women aged 45, 52, 67 and 75, as well as a 9-year-old boy.
2 U.S. Navy pilots eject safely when jet shot down by likely "friendly fire"
An F/A-18 fighter jet was "mistakenly fired on" by the guided missile cruiser USS Gettysburg, authorities said.
Pope Francis tells Vatican staff to stop gossiping in Christmas speech
Pope Francis has told Vatican bureaucrats to stop speaking ill of one another, calling gossip "an evil that destroys social life."
At least 38 dead after crash between a passenger bus and a truck in Brazil
In 2024, more than 10,000 people died in traffic accidents in Brazil, according to the Ministry of Transportation.
Entertainment
More Entertainment
Entertainment
"Christmas Dance" by Darren Criss
In this web exclusive, Darren Criss and the Young People's Chorus of New York City help "Sunday Morning" celebrate the holiday in a performance of Criss' "Christmas Dance."
Holiday music with Darren Criss: "Have Yourself a Merry Little Christmas"
Darren Criss, the beloved star of television's "Glee," and the Broadway musical "Maybe Happy Ending," helps "Sunday Morning" celebrate Christmas with a performance of the Hugh Martin-Ralph Blane standard, "Have Yourself a Merry Little Christmas."
Music with Darren Criss: "Happy Holidays/The Holiday Season"
Darren Criss (the beloved star of television's "Glee," and the Broadway musical "Maybe Happy Ending") and the Young People's Chorus of New York City help "Sunday Morning" celebrate Christmas with a performance of "Happy Holidays/The Holiday Season."
Darren Criss on counting his lucky stars
Darren Criss became a fan favorite on the hit TV series "Glee," and won an Emmy for "American Crime Story." Now he's starring in the acclaimed musical "Maybe Happy Ending." He talks about his road to Broadway, and his credo that "Life is a cabaret."
Darren Criss on "Maybe Happy Ending"
Darren Criss became a fan favorite on the hit TV series "Glee," and won an Emmy for "American Crime Story." Now he's starring in the acclaimed musical "Maybe Happy Ending." He talks with correspondent Kelefa Sanneh about his road to Broadway, his blessings and losses, and his credo that "Life is a cabaret."
Technology
More Technology
Why drone hysteria has taken off
Alleged drone sightings have been multiplying exponentially, with more than 5,000 reported in the past few weeks. But experts say the majority of reports about unusual lights in the sky are probably anything but drones.
Why drone hysteria has taken off
By most accounts, alleged drone sightings have been multiplying exponentially, with more than 5,000 reported in just the past few weeks. But experts say the majority of reports about unusual lights in the sky are probably anything but drones. Correspondent Tom Hanson reports.
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.
Supreme Court agrees to hear case about TikTok ban
The Supreme Court said Wednesday it will hear an appeal from TikTok over a federal law that would ban the social media giant if it is not sold by its Chinese parent company. Jan Crawford has more.
Teen victim of deepfake porn urges Congress to pass "Take It Down Act"
Elliston Berry's life was turned upside down after a photo she posted on Instagram was digitally altered online to be pornographic.
Science
More Science
What to know about the winter solstice, 2024's shortest day
The 2024 winter solstice, the shortest day of the year, happens on Saturday, Dec. 21, and is marked with traditions and celebrations around the world.
Class-action lawsuit over plastic recycling
This week a group of plaintiffs in Missouri, Kansas, California and Florida filed a class-action lawsuit against dozens of companies and organizations, claiming they've falsely promoted how easy it is to recycle plastics. CBS News Los Angeles climatologist Marina Jurica has the details.
Why fish, birds and other animals yawn too, according to an expert
Humans aren't alone when it comes to yawning — all vertebrates do it. But why? An expert explains the likely reason behind this "evolutionarily ancient" act.
Americans coexisted with 4-ton sloths for millennia, research shows
Early Americans may have spent millennia sharing prehistoric savannas and wetlands with enormous beasts, research shows.
EPA tackling pollution in at-risk communities
The Environmental Protection Agency under President Biden created a new Office of Environmental Justice that seeks to address pollution levels in disadvantaged and marginalized communities. However, there is concern that the incoming Trump administration could do away with the new department. David Schechter reports.
Crime
More Crime
Who killed JonBenét Ramsey? Her dad believes DNA could reveal killer
A look back at how "48 Hours" covered the 1996 Christmastime murder of JonBenét Ramsey in 2002, and what her father John Ramsey says about the unsolved Colorado case nearly 28 years later.
Will convicted wife killer Scott Peterson get a new trial?
After California man's death sentence is overturned, there's a renewed push to clear him.
Several hurt after driver plows through Texas mall; suspect killed by police
The suspect drove through the doors of a JCPenny in Killeen, Texas, and continued inside for "several hundred yards," an official said.
CEO killing sparks concerns about extremism
Luigi Mangione, now held in a New York City lock-up, could face the death penalty if convicted of the shooting death of UnitedHealthcare CEO Brian Thompson. The killing is sparking new concerns about violent extremism bubbling across the country.
Dozens injured in Germany Christmas market attack
At least two people are dead and dozens more injured after a vehicle plowed into a crowd at a Christmas market in Magdeburg, Germany. Authorities say the driver of the car was arrested and that it appears to be a deliberate attack. Elaine Cobbe has details.
Space
More Space
Discovery of "tipped over" black hole surprises NASA scientists
New analysis techniques and decades-old research helped NASA scientists identify an unusual black hole in a distant galaxy.
Why are the Boeing Starliner astronauts stuck in space?
Here's why NASA astronauts Suni Williams and Butch Wilmore are stuck, but not stranded, at the International Space Station after launching into space in June.
NASA delayes return date for astronauts
NASA has delayed the return date for Boeing's Starliner astronauts Butch Wilmore and Suni Williams. CBS News' Manuel Bojorquez reports on the decision to keep the two in space.
NASA leader weighs in on Elon Musk, SpaceX and plans for moon rocket
NASA Administrator Bill Nelson says he's optimistic the Trump administration will support the space agency's agenda.
Boeing Starliner crew's return delayed again
Two astronauts who have been stuck in space since June will have to wait until at least the end of March to come home after NASA on Wednesday again pushed back their return date. Derrick Pitts, chief astronomer for the Franklin Institute, joined CBS News to discuss what's causing the delays.
Latest Galleries
More Latest Galleries
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.
The Scott Peterson case: New evidence?
Peterson's death sentence for the murder of his pregnant wife Laci has been overturned. Now his supporters are pushing for a complete retrial.
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.
Texas couple investigates teen daughter's unusual death
Cayley Mandadi's mother and stepfather go to extreme lengths to prove her death was no accident.
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
More Latest CBS News Videos
Latest CBS News Videos
Nature: Northern Lights above Alaska
We leave you this Sunday morning in the spirit of Christmas, with the northern lights in skies above Alaska. Videographer: Michael Clark.
Full interview: West Virginia Senator Joe Manchin
Watch Margaret Brennan's full interview with Senator Joe Manchin (WV-I), a portion of which aired on Dec. 22, 2024 on "Face the Nation with Margaret Brennan."
Full interview | Homeland Security Secretary Alejandro Mayorkas
Watch Margaret Brennan's full interview with Secretary of Homeland Security Alejandro Mayorkas, a portion of which aired on "Face the Nation with Margaret Brennan" on Dec. 22, 2024.
"Christmas Dance" by Darren Criss
In this web exclusive, Darren Criss and the Young People's Chorus of New York City help "Sunday Morning" celebrate the holiday in a performance of Criss' "Christmas Dance."
Holiday music with Darren Criss: "Have Yourself a Merry Little Christmas"
Darren Criss, the beloved star of television's "Glee," and the Broadway musical "Maybe Happy Ending," helps "Sunday Morning" celebrate Christmas with a performance of the Hugh Martin-Ralph Blane standard, "Have Yourself a Merry Little Christmas."