29 arrested after thousands swept up in cryptocurrency investment scam
People duped by the complex scheme say they were lured by misleading advertising and, in many cases, trusted acquaintances who'd been fooled themselves.
Bitcoin
How Iran uses cryptocurrency
Iran has embraced cryptocurrency as a means to avoid international sanctions and make more money. Eric Lob, a non-resident scholar with the Middle East Institute's Iran program and an associate professor at Florida International University, joins CBS News to discusses his research.
Rep. Stephen Lynch on the collapse of FTX
Rep. Stephen Lynch of Massachusetts joined “Red and Blue” to weigh in on the collapse of cryptocurrency exchange FTX, and whether there is a need for more regulation in the cryptocurrency industry. He also discussed efforts to avert a looming government shutdown.
Crypto company BlockFi files for bankruptcy
Cryptocurrency firm BlockFi has filed for Chapter 11 bankruptcy protection following the collapse of FTX. BlockFi listed FTX as its second largest creditor, but expects any recoveries to be delayed. Duke University professor Sultan Meghji, former chief innovation officer for the Federal Deposit Insurance Corporation, joins CBS News to discuss.
FTX bankruptcy hearing begins
The first bankruptcy hearing for collapsed crypto-currency exchange FTX revealed information on the firm's finances and its losses in billions of dollars. Wall Street Journal reporter Alexander Saeedy joins CBS News to talk about the first day in court.
Bitcoin slumps as FTX meltdown triggers fears of contagion
Total value of cryptocurrencies has fallen more than $1 trillion this year as investor sentiment sours.
11/15: CBS News Prime Time
John Dickerson reports on missiles crossing into NATO territory in Poland, Republican support for Kevin McCarthy as House Speaker, and a crisis in crypto after FTX files for bankruptcy.
FTX’s collapse wipes out nearly $1 billion
The collapse of FTX, one of the largest cryptocurrency exchanges, is reverberating around the financial world as investors reportedly lost nearly $1 billion in assets. The company filed for Chapter 11 bankruptcy. Astrid Martinez has more.
Crypto exchange FTX files for bankruptcy
The cryptocurrency world is reeling after the meltdown of one of its most popular trading platforms. The exchange FTX filed for bankruptcy protection as fallen crypto-king Sam Bankman-Fried stepped down as CEO. Vladimir Duthiers has the details.
Crypto market tumbles as Binance exits FTX deal
The world's largest cryptocurrency firm Binance has pulled out of a deal to save its rival FTX, triggering panic selling in the markets. Jennifer Schonberger, a senior reporter for Yahoo Finance, joined John Dickerson to discuss what's going on with the crypto market.
What's behind the crash of cryptocurrency
The cryptocurrency market has lost about 70% of its value in the past 8 months. CBS News tech reporter Dan Patterson breaks down how fraud is damaging the appeal of crypto. He also spoke with actor Ben McKenzie, who is co-writing a book about crypto, about why people should be skeptical before investing in the digital currency.
MoneyWatch: U.S. stocks sink as inflation fears mount
The stock market's tumble has put the S and P 500 into a bear market. CBS News correspondent Elaine Quijano reports on Wall Street's drop on Monday. Then, Akiko Fujita, a reporter and anchor for Yahoo Finance, joins Errol Barnett on CBS News to discuss the latest on the markets.
Tech employees face lack of job stability
New hires at some tech companies are seeing their jobs disappear before they even begin, and some employees are having salaries slashed. CBS News tech reporter Dan Patterson joins "CBS News Mornings" to explain what's behind the moves.
Stock market's growing impact on the crypto currency market
Helene Braun, U.S. markets reporter for CoinDesk, joins CBS News at the closing bell to discuss what's driving the downward trend of the crypto market, and why corporate involvement could make the online currencies lose even more of their value.
Protecting retirement funds from crypto crash
With more and more investment companies offering cryptocurrency as an option in retirement portfolios, the recent decline of digital currency means some people's retirement funds are losing money. Greg McBride, chief financial analyst at Bankrate, joins CBS News to explain what caused the crash and what it means for your investments.
Billions erased in cryptocurrency meltdown
The always volatile cryptocurrency market took a dive after a major sell-off, and the crash in prices wiped out more than $300 billion this week. Crypto trader and investor Scott Melker, who hosts "The Wolf of All Streets" podcast, joined CBS News to discuss what's next for the digital currencies.
Crypto meltdown continues as investors exit market
The massive downturn in cryptocurrencies continued Thursday, as the price of Bitcoin plunged to its lowest point since 2020. Peter Smith, CEO and co-founder of Blockchain.com, joins CBS News' Lilia Luciano to discuss the recent volatility.
Bitcoin is down about 50% from its all-time high in November
The cryptocurrency's price continues to fall even though Fidelity and Goldman Sachs are adopting the digital asset.
3 reasons cryptocurrency prices are tumbling
Bitcoin prices have sunk 21% in the last month, while other cryptocurrencies are also fading. Here's why.
Here Comes The Sun: "First Ladies" and crypto
Their names ring out with historical and cultural significance: Eleanor Roosevelt, Betty Ford and Michelle Obama. Leslie Stahl spoke with the women who portrayed them: Gillian Anderson, Michelle Pfeiffer and Viola Davis. We also have a story on cryptocurrency. You've heard of it, but do you really know what it is and how it works? "Here Comes The Sun" is a closer look at some of the people, places and things we bring you every week on "CBS Sunday Morning."
How the Strike app helped Salvadorans send bitcoin
Jack Mallers is founder and developer of Strike, an app that allows people to send money across borders, instantly, for pennies. Then Mallers spent months talking with the Salvadoran government about the merits of cryptocurrencies and bitcoin. http://cbsn.ws/3utXhEk
How bitcoin came to El Zonte
Mike Peterson, an expat from San Diego, says he was approached by an anonymous donor with a fortune in bitcoin who wanted to see it put to good use. The stipulation was Peterson could not convert the bitcoin into cash. http://cbsn.ws/3utXhEk
"Crypto for dummies": The how, what and why of using virtual currency
What can you actually use crypto for? As of now, not much! David Pogue looks at the ins and outs of cryptocurrency, which has proven a boon for speculative investors, but problematic for people who just want to pay for lunch.
Embracing bitcoin in El Salvador
Sharyn Alfonsi reports from El Zonte, El Salvador, a tiny town that has made bitcoin part of its economy.
The tech behind the Bitcoin Beach Wallet
A small town in El Salvador is fostering a Bitcoin economy, in part, because the technology meets local needs.
Latest News
China's Xi visits Moscow to meet with Putin as Ukraine war rages
Xi reportedly said he was confident his visit would boost the two nations' "comprehensive partnership and strategic cooperation in a new era."
American held hostage since 2016 in West Africa released
Jeff Woodke, an American aid worker, was taken from his home in Abalak, Niger, in 2016.
3 men found guilty in 2018 murder of rapper XXXTentacion
A jury in Broward County, Florida, returned guilty verdicts today for all three men on trial for robbing and killing the late artist.
Judge orders Trump's attorney to testify in classified documents investigation
Corcoran previously refused to answer investigators' questions about his conversations with Trump, citing attorney-client privilege concerns. The ruling is likely be appealed.
Buster Murdaugh releases statement on former classmate's death
Stephen Smith's death was brought to national attention in a Netflix documentary about the Murdaugh family.
Dentist accused of poisoning wife in "complex and calculated murder"
Investigators say Craig drove his wife to a hospital because she was complaining of "severe headaches and dizziness."
Time to "defuse the climate time bomb" running out fast, U.N. warns
"Humanity is on thin ice, and that ice is melting fast," the U.N. chief said, calling a new report on the rate of climate change "a survival guide for humanity."
Man who asked undercover federal agent to "eliminate" his wife pleads guilty
Massimo Marenghi provided a photograph of his wife and indicated the "best time for the construction work to start," prosecutors said.
Video shows huge World War II anti-ship mine being destroyed
Authorities sounded emergency sirens to mark the removal of the bomb with 1,500-pounds of explosives.
U.S.
More U.S.
Bruce Willis celebrates 68th birthday with family after dementia diagnosis
Demi Moore, Willis' ex-wife, shared a video of their family celebrating the actor.
Suspects wanted for painting swastikas on Nashville homes
At one of the targeted homes, one of the suspects spray-painted a Ring camera, which still recorded the suspect tearing down a flag the family had on their porch.
3 men found guilty in 2018 murder of rapper XXXTentacion
A jury in Broward County, Florida, returned guilty verdicts today for all three men on trial for robbing and killing the late artist.
Amazon to lay off 9,000 employees — on top of 18K in January
The company announced a second round of layoffs to cope with "the uncertain economy," CEO Andy Jassy said in a memo.
Adam Sandler receives Mark Twain Prize for American Humor
Sandler was celebrated by fellow comics and actors, including Jennifer Aniston, Chris Rock and Conan O'Brien.
MoneyWatch
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Amazon to lay off 9,000 employees — on top of 18K in January
The company announced a second round of layoffs to cope with "the uncertain economy," CEO Andy Jassy said in a memo.
Credit Suisse shares slide after UBS buys it for $3.2 billion
"Only time will tell how this shotgun wedding is received," one analyst said of merger uniting the Swiss banks.
Twitter's press email is automatically "pooping" on the media
Under Elon Musk, who has accused journalists of bias, Twitter no longer makes an effort to answer journalists' questions.
Failed Signature Bank will be taken over by New York Community Bancorp
Signature Bank's collapse is considered the third-largest bank failure in U.S. history.
UBS to purchase Credit Suisse amid fallout from U.S. bank collapses
Officials announced the takeover on Sunday, after shares of Credit Suisse plummeted last week despite a $54 billion loan from the Swiss National Bank.
Politics
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Credit Suisse shares slide after UBS buys it for $3.2 billion
"Only time will tell how this shotgun wedding is received," one analyst said of merger uniting the Swiss banks.
American held hostage since 2016 in West Africa released
Jeff Woodke, an American aid worker, was taken from his home in Abalak, Niger, in 2016.
Michael Cohen asked to be available for Trump grand jury, sources say
Cohen has been asked to be in close proximity to the grand jury, which meets in Lower Manhattan, in case he's needed to "rebut" another witness expected to testify Monday.
Military pilots, ground crews face higher rates of cancer, study says
The data had long been sought by retired aviators who have raised alarms for years about the number of air and ground crew members they knew who had cancer.
Full transcript of "Face the Nation" on March 19, 2023
On this "Face the Nation" broadcast, Sen. Elizabeth Warren, Democratic of Massachusetts, and Rep. Patrick McHenry, Republican of North Carolina, join Margaret Brennan.
Health
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I knew little about IVF and infertility. Then it became my life. Here's my story.
I had my son at 40 before going through IVF and four rounds of egg retrieval. Now at 43, I'm 22 weeks pregnant with a girl.
"Facing Fertility" Part 1: The reality of IVF
Our "Facing Fertility" series sets out to educate people about reproductive hurdles and give voice to the many women and men who suffer in silence with infertility. We take a look at the reality of in-vitro fertilization, or IVF. Nikki Battiste reports.
Affordable Care Act has reduced disparities in health care, report says
Since its passage in 2010, the Affordable Care Act, or ACA, has helped cut the U.S. uninsured rate nearly in half, a new report says.
Military pilots, ground crews face higher rates of cancer, study says
The data had long been sought by retired aviators who have raised alarms for years about the number of air and ground crew members they knew who had cancer.
California announces plan to produce $30 insulin
The product is not expected on store shelves until at least next year.
World
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Credit Suisse shares slide after UBS buys it for $3.2 billion
"Only time will tell how this shotgun wedding is received," one analyst said of merger uniting the Swiss banks.
American held hostage since 2016 in West Africa released
Jeff Woodke, an American aid worker, was taken from his home in Abalak, Niger, in 2016.
Time to "defuse the climate time bomb" running out fast, U.N. warns
"Humanity is on thin ice, and that ice is melting fast," the U.N. chief said, calling a new report on the rate of climate change "a survival guide for humanity."
20 years after the U.S.-led invasion, war-weary Iraqis find hope
Western forces quickly toppled Saddam Hussein's regime, but the invasion sparked a devastating civil war and gave rise to ISIS, so optimism has been hard to come by.
Somalia drought blamed for some 43,000 deaths, half of them children
The war in Ukraine and a fight against domestic terrorists have worsened the nightmare in the east African nation, and the "crisis is far from over."
Entertainment
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Bruce Willis celebrates 68th birthday with family after dementia diagnosis
Demi Moore, Willis' ex-wife, shared a video of their family celebrating the actor.
Adam Sandler receives Mark Twain Prize for American Humor
Sandler was celebrated by fellow comics and actors, including Jennifer Aniston, Chris Rock and Conan O'Brien.
Al Franken returns to late-night comedy with stint as "Daily Show" host
The former senator and "SNL" writer says an abundance of news makes his return to late-night easier.
Lance Reddick's wife, Stephanie Reddick, posts tribute to late actor
Stephanie Reddick also thanked her late husband's many fans, especially those who knew him from the "Destiny" video game series.
NPR's Ari Shapiro on the intimacy of storytelling
In his new memoir, "The Best Strangers in the World," the co-host of "All Things Considered" explains how storytelling plays out in his roles as journalist and singer.
Technology
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Twitter's press email is automatically "pooping" on the media
Under Elon Musk, who has accused journalists of bias, Twitter no longer makes an effort to answer journalists' questions.
TikTok parent company under investigation
The Justice Department is investigating TikTok's parent company for possibly spying on American citizens, including journalists, CBS News has confirmed. The popular app is owned by China-based ByteDance. Forbes technology reporter Emily Baker-White said the company improperly accessed her data, and she joined "CBS News Mornings" to discuss.
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.
Meta launches paid verification subscription service in U.S.
The launch comes the same week that the company laid off about 10,000 workers.
DOJ investigating TikTok parent company for possible spying on U.S. citizens
News of the probe comes as U.S. lawmakers have ramped up calls for action against the widely popular social media app.
Science
More Science
Time to "defuse the climate time bomb" running out fast, U.N. warns
"Humanity is on thin ice, and that ice is melting fast," the U.N. chief said, calling a new report on the rate of climate change "a survival guide for humanity."
New genetic analysis finds clues to animal origin of COVID outbreak
Analysis presented to the WHO offers clues to whether animals, possibly raccoon dogs, were infected at the Huanan animal market in early 2020.
Rocket Lab launches imaging radar satellites for Capella Space
The Capella Space satellites use cloud-piercing radar to monitor Earth around the clock, regardless of weather.
Wet weather in West will bring drought relief
NOAA's U.S. spring outlook predicts more wet weather will help improve the severe drought across the Western United States. CBS News senior national and environmental correspondent Ben Tracy joins CBS News to discuss.
Notre Dame fire exposes long-hidden secret inside Paris landmark
It was not clear how the builders "dared — and succeeded — in putting up such thin walls to such a height," the author of a study about the cathedral said.
Crime
More Crime
Suspects wanted for painting swastikas on Nashville homes
At one of the targeted homes, one of the suspects spray-painted a Ring camera, which still recorded the suspect tearing down a flag the family had on their porch.
3 men found guilty in 2018 murder of rapper XXXTentacion
A jury in Broward County, Florida, returned guilty verdicts today for all three men on trial for robbing and killing the late artist.
Dentist accused of poisoning wife in "complex and calculated murder"
Investigators say Craig drove his wife to a hospital because she was complaining of "severe headaches and dizziness."
Suspect arrested after shooting at Texas high school
The school was locked down Monday morning while police investigated. Two students were being treated for injuries.
Buster Murdaugh releases statement on former classmate's death
Stephen Smith's death was brought to national attention in a Netflix documentary about the Murdaugh family.
Space
More Space
Mystery solved after strange streaks of light seen in California sky
The flaming bits of wreckage created a "spectacular light show" and were going thousands of miles per hour, an astronomer said.
Scientists discover volcanic activity on Venus
NASA's Magellan spacecraft collected images of the planet's surface between 1990 and 1992, and researchers recently searched that data to study the possible activity of the volcanoes in the terrain.
Rocket Lab launches imaging radar satellites for Capella Space
The Capella Space satellites use cloud-piercing radar to monitor Earth around the clock, regardless of weather.
SpaceX cargo ship docks with space station
The spacecraft delivered more than 3 tons of equipment and supplies, including fresh fruit for the space station crew.
NASA's new moonwalking spacesuit unveiled
NASA and Axiom Space are unveiling the design of the new spacesuit that will be worn by the next man and first woman to land on the moon as part of the Artemis III mission. Mark Strassmann traveled to Houston to get a sneak peek of the new suit.
Latest Galleries
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Rare photos from the 1976 Chowchilla bus kidnapping
A look inside the truck trailer where 26 abducted school children and their bus driver were buried alive -- and later escaped.
World News Roundup's 85th anniversary
America's longest-running news broadcast program celebrates three-quarters of a century on the air
Young witness found herself at the scene of a crime
What Angelina Fernandes saw the night her mother was accused of murder.
The crime scene evidence that convicted Alex Murdaugh
Inside South Carolina's "trial of the century" — how investigators built their case
Michelle Renee case evidence: Kidnapped and threatened with dynamite
A look into the evidence from the 2000 hostage situation and bank robbery that changed a mother and daughter's lives.
Latest Videos
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Latest Videos
American freed after being detained for years
An American who was held hostage in Niger for more than six years has been released, the White House announced Monday. Jeff Woodke, an American aid worker, was detained in 2016. CBS News senior White House and political correspondent Ed O'Keefe discussed the breaking news with Vladimir Duthiers and Anne-Marie Green.
U.S. invasion of Iraq, 20 years later
Monday marks 20 years since the start of the U.S.-led invasion of Iraq. The war cost the lives of around 4,500 U.S. service members and hundreds of thousands of Iraqi civilians. CBS News senior foreign correspondent Charlie D'Agata joined Vladimir Duthiers and Anne-Marie Green from Baghdad to discuss.
Pence says Trump "let him down" on Jan. 6
Former Vice President Mike Pence called the possible indictment of ex-boss former President Donald Trump "politically charged," but also criticized Trump for "letting him down" on Jan. 6. Florida Gov. Ron DeSantis is facing criticism from some Republican lawmakers for his stance on the war in Ukraine. CBS News political reporter Aaron Navarro discusses with Anne-Marie Green and Vlad Duthiers.
March Madness heads into Sweet Sixteen
The Sweet Sixteen is set for the men's NCAA college basketball tournament. CBS Sports analyst Chris Walker joined CBS News' Vladimir Duthiers and Anne-Marie Green to discuss what to watch as the tournament moves forward and Princeton's exciting run so far.
Federal Reserve poised to raise rates again
The Federal Reserve is expected to announce another interest rate hike when it meets this week amid a crisis of confidence in the banking industry. The Federal Deposit Insurance Corporation announced over the weekend that it sold a huge portion of failed Signature Bank to Flagstar Bank. Axios managing editor for business and markets and CBS News contributor Javier E. David discusses with Anne-Marie Green and Vlad Duthiers.