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.
Bitcoin
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.
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.
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.
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.
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.
Embracing bitcoin in El Salvador
Sharyn Alfonsi reports from El Zonte, El Salvador, a tiny town that has made bitcoin part of its economy.
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.
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
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
"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.
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.
Can cryptocurrency go mainstream?
Bitcoin is just one of thousands of digital currencies on the market, that have proven a boon for speculative investors. But what can you actually use crypto for? As of now, not much, says correspondent David Pogue, who looks into the problems cryptocurrency has to overcome if it's to become ready for prime time.
Don't fall for these crypto and NFT scams
President Biden signed an executive order this month calling on Congress to examine the risks and benefits of cryptocurrencies. With digital assets expanding in the global economy, it's becoming more important to be aware of ways people are being victimized in the marketplace. CBS News tech reporter Dan Patterson joins CBS News' Meg Oliver and Tanya Rivero to discuss what he calls new tech, but old scams.
Crypto prices jump as the Russia-Ukraine war escalates
Bitcoin is becoming a more attractive money alternative for Russians because the ruble lost its value, analysts said.
Cryptocurrency prices plunge as Ukraine crisis intensifies
Investors are shunning bitcoin and other digital currencies in favor of traditional safe havens like gold and the U.S. dollar.
Couple accused in $4.5-billion bitcoin scheme to be split before trial
Ilya Lichtenstein is in jail, and wife Heather Morgan has been freed; the judge said evidence tying them to the scheme is "very strong."
Ex-Airbnb exec on why he's moving to crypto
Despite the risks and volatility of crypto trading, more people are dipping their toes into the market. Chris Lehane, a former executive at Airbnb who recently took a job as the chief strategy officer for a new crypto venture capital fund, joined CBS News to discuss why he's moving to the crypto market.
Couple charged in crypto laundering scheme
A New York couple has been arrested and charged for allegedly conspiring to launder $4.5 billion in stolen cryptocurrency. Ari Redbord, head of legal and government affairs for TRM labs, joined CBS News Nikki Battiste to discuss.
Netflix to buy Warner Bros. in a deal valued at $82.7 billion
Netflix on Friday said it will acquire Warner Bros., including its film and television studios, HBO Max and HBO.
Grand jury refuses to re-indict Letitia James
Federal prosecutors on Thursday presented an indictment of New York Attorney General Letitia James to a grand jury in Norfolk, Virginia.
Supreme Court allows Texas GOP to use new redistricted map for now
Texas approved a new congressional map this summer after Trump urged state GOP lawmakers to craft new House district lines to help Republicans hold onto their majority in the 2026 midterms.
CDC panel to vote Friday on hepatitis B vaccine for newborns
The CDC's vaccine advisory panel meets Thursday and Friday to discuss recommendations for the hepatitis B vaccine and the schedule of childhood shots.
Lawmakers see video of boat strike, say admiral testified there was no kill order
"What I saw in that room was one of the most troubling things I've seen in my time in public service," Democratic Rep. Jim Himes said.
Luigi Mangione returning to court for crucial evidence hearing
Luigi Mangione will be back in court Friday as a crucial court hearing about what evidence should be admitted in the trial continues.
FBI arrests suspect in 2021 D.C. pipe bomb case, identified as Virginia man
Authorities say the FBI has arrested a man suspected of placing pipe bombs outside RNC and DNC headquarters on the eve of the Jan. 6, 2021, Capitol riot.
7 tons of cocaine seized off Colombia, 11 arrested unharmed, navy says
The seizures come as Colombian President Gustavo Petro is calling on the U.S. to end strikes in the region against apparent drug-carrying vessels.
ICE begins surge in Minnesota as Trump pushes for crackdown on Somali immigrants
ICE began enhanced operations in the Minneapolis-St. Paul area this week, as President Trump rails against Somali people in Minnesota.
U.S.
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Netflix to buy Warner Bros. in a deal valued at $82.7 billion
Netflix on Friday said it will acquire Warner Bros., including its film and television studios, HBO Max and HBO.
Luigi Mangione returning to court for crucial evidence hearing
Luigi Mangione will be back in court Friday as a crucial court hearing about what evidence should be admitted in the trial continues.
Endangered jaguar spotted at watering hole in Arizona
Officials have said that jaguar breeding in the U.S. has not been documented in more than a century.
Appeals court lets Trump admin. keep National Guard deployed in D.C. for now
A U.S. District Court decision to end the deployment of National Guard members to Washington, D.C., is now on hold.
4 killed in latest strike on alleged drug boat, Pentagon says
At least 87 people have been killed since the vessel strikes began in early September.
MoneyWatch
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Netflix to buy Warner Bros. in a deal valued at $82.7 billion
Netflix on Friday said it will acquire Warner Bros., including its film and television studios, HBO Max and HBO.
Despite Trump's pressure, Putin finds an eager trade partner in India
As the White House tries to curb Moscow's energy income, Vladimir Putin enjoys a warm welcome in India, and promises an "uninterrupted supply" of Russian fuel.
These U.S. cities have seen the biggest rent increases since 2020
Rents in the 50 largest cities have surged by hundreds of dollars per month over the last five years, a LendingTree analysis found.
Employers have cut 1.1 million jobs this year. Here's why.
Job cuts so far this year are at their highest levels since 2020, new report says.
Trump thinks tariff revenue could replace income taxes. Is that possible?
President Trump suggested Americans won't have to pay personal income taxes "in the not-too-distant future" because of rising U.S. tariffs.
Politics
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Jasmine Crockett called Texas Senate race contenders as she weighs jumping into fray
As intrigue grows over whether Texas Democratic Rep. Jasmine Crockett plans to announce a U.S. Senate campaign next week, she confirmed to CBS News she's spoken with would-be opponents.
Appeals court lets Trump admin. keep National Guard deployed in D.C. for now
A U.S. District Court decision to end the deployment of National Guard members to Washington, D.C., is now on hold.
Operations against Houthis played into Truman Strike Group accidents, Navy finds
Investigations released by the Navy into accidents involving the Truman Carrier Strike Group recommended ensuring processes are followed even when faced with adversity.
4 killed in latest strike on alleged drug boat, Pentagon says
At least 87 people have been killed since the vessel strikes began in early September.
ICE begins surge in Minnesota as Trump pushes for crackdown on Somali immigrants
ICE began enhanced operations in the Minneapolis-St. Paul area this week, as President Trump rails against Somali people in Minnesota.
HealthWatch
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Could pets be next for weight loss drugs? Here's what to know about a study.
A clinical study into weight loss drugs for pets just launched, with results from the trial expected by next summer.
CDC panel to vote Friday on hepatitis B vaccine for newborns
The CDC's vaccine advisory panel meets Thursday and Friday to discuss recommendations for the hepatitis B vaccine and the schedule of childhood shots.
12 ex-FDA leaders criticize claims made by agency's current vaccine chief
The former officials said the FDA's plans to revamp how certain life-saving vaccines are handled would "disadvantage the people the FDA exists to protect, including millions of Americans at high risk from serious infections."
CEO of genetics firm says parents have a right to choose unborn child's traits
Kian Sadeghi, the 25-year-old founder and CEO at Nucleus Genomics, tells "CBS Mornings" that parents have every right to select the qualities and traits they desire in their child.
How to avoid holiday stress
The holiday season can be a wonderful, but also stressful time – filled with unrealistic expectations. A recent poll found 41% of adults anticipate more holiday stress this year. Psychiatrist Dr. Sue Varma has tips to unwind during the holidays.
World
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7 tons of cocaine seized off Colombia, 11 arrested unharmed, navy says
The seizures come as Colombian President Gustavo Petro is calling on the U.S. to end strikes in the region against apparent drug-carrying vessels.
Despite Trump's pressure, Putin finds an eager trade partner in India
As the White House tries to curb Moscow's energy income, Vladimir Putin enjoys a warm welcome in India, and promises an "uninterrupted supply" of Russian fuel.
$20,000 Faberge egg recovered after man allegedly swallowed it
The special edition locket was inspired by the James Bond film "Octopussy," which revolves around a plot to steal a rare Faberge egg.
Operations against Houthis played into Truman Strike Group accidents, Navy finds
Investigations released by the Navy into accidents involving the Truman Carrier Strike Group recommended ensuring processes are followed even when faced with adversity.
4 killed in latest strike on alleged drug boat, Pentagon says
At least 87 people have been killed since the vessel strikes began in early September.
Entertainment
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Netflix to buy Warner Bros. in a deal valued at $82.7 billion
Netflix on Friday said it will acquire Warner Bros., including its film and television studios, HBO Max and HBO.
Lucy Liu talks new movie, "Rosemead"
Lucy Liu talks about starring in and producing the movie "Rosemead," why she says the story resonates universally and reflecting on personal experiences for the film.
Steve Cropper, acclaimed guitarist for Booker T. and the M.G.'s, dies at 84
Steve Cropper co-wrote several classics, including "(Sittin' on) the Dock of the Bay," "Green Onions" and "In the Midnight Hour."
Kaytranada on rise to fame and his new album
Grammy winning DJ and producer Kaytranada has become one of the most influential voices in dance and electronic music, and has collaborated with top artists. He spoke with "CBS Mornings" about his latest album, touring and his journey in music.
Richie Moriarty talks 5th season of "Ghosts"
Actor and comedian Richie Moriarty talks with "CBS Mornings" about the fifth season of the comedy series "Ghosts," what's next for his character and how the cast has bonded.
Technology
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Technology
Politico: Trump admin. looks to robotics
Leaders in the robotics industry say that to strengthen AI, companies also need a plan for robots. The White House appears to be listening. Yasmin Khorram, economic policy reporter for Politico, joins CBS News to discuss her article on the topic.
Google's top search trends in 2025
Google has released its list of the 2025 top search trends. Robert Ferrera, a Google Trends expert, joins CBS News with more.
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.
India revokes order for phone makers to install security app amid uproar
India's government, amid an uproar over privacy, has revoked an order quietly issued to smartphone makers to pre-install a state-run security app.
OpenAI responding to Google's moves: WSJ
OpenAI has declared a "code red" as Google threatens to unseat the AI industry's early leader, according to the Wall Street Journal. Technology journalist Jacob Ward joins CBS News to discuss.
Science
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"Space gum" discovered in asteroid Bennu samples, NASA reveals
Samples collected from the asteroid Bennu are continuing the shed light on the origins of the solar system and how life developed on Earth, scientists say.
CEO of genetics firm says parents have a right to choose unborn child's traits
Kian Sadeghi, the 25-year-old founder and CEO at Nucleus Genomics, tells "CBS Mornings" that parents have every right to select the qualities and traits they desire in their child.
Sick ants invite self-sacrifice to save colony: "Come and kill me"
Ant colonies act as one "super-organism" which works to ensure the survival of all, according to a team of scientists.
Mystery owner of ancient foot found in Africa identified, scientists say
The discovery could cast some doubt on the status of Lucy's species as the direct ancestor of Homo sapiens.
Most dogs have wolf DNA. These breeds have more than others.
Wolf DNA seems to have influenced the size, smelling power and even personality of modern dog breeds, scientists said.
Crime
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Crime
Questions about D.C. pipe bombs case suspect
A Virginia man faces two federal charges in connection with the pipe bombs planted in Washington, D.C., on the eve of the Jan. 6, 2021, U.S. Capitol riots. CBS News' Scott MacFarlane reports.
7 tons of cocaine seized off Colombia, 11 arrested unharmed, navy says
The seizures come as Colombian President Gustavo Petro is calling on the U.S. to end strikes in the region against apparent drug-carrying vessels.
New evidence in Luigi Mangione hearing
New evidence was presented in court in connection with the case against Luigi Mangione, the man accused of shooting UnitedHealthcare CEO Brian Thompson. CBS News' Katrina Kaufman reports.
James on grand jury refusing to re-indict
New York Attorney General Letitia James reacted to news of a federal grand jury refusing to re-indict her after earlier fraud charges against her were thrown out. CBS News legal contributor Caroline Polisi has more.
Pentagon announces new boat strike
The Pentagon announced another strike against an alleged drug-carrying boat in the eastern Pacific Ocean. This comes as lawmakers react to a classified briefing on the controversial Sept. 2 strikes targeting a vessel near Venezuela. CBS News' Nikole Killion reports.
Space
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"Space gum" discovered in asteroid Bennu samples, NASA reveals
Samples collected from the asteroid Bennu are continuing the shed light on the origins of the solar system and how life developed on Earth, scientists say.
Air Force approves SpaceX launch pad expansion
The U.S. Air Force has approved SpaceX's plan to redevelop a historic launch pad at Cape Canaveral. CBS News correspondent Mark Strassmann reports.
Geomagnetic storm watch issued after powerful solar flare
Solar flares and other activity can disrupt radio communications, power grids and navigation signals, according to NASA.
Scientists think they've detected lightning on Mars: "Missing piece of the puzzle"
Researchers have documented 55 instances of "mini lightning" over two Martian years by eavesdropping on the whirling wind recorded by NASA's Perseverance rover.
Russia sends a NASA astronaut, 2 cosmonauts, up to the space station
The new space station crew includes American Chris Williams, who holds a Ph.D. in astronomy and is a board-certified medical physicist at Harvard Medical School.
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Latest CBS News Videos
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Latest CBS News Videos
Questions about D.C. pipe bombs case suspect
A Virginia man faces two federal charges in connection with the pipe bombs planted in Washington, D.C., on the eve of the Jan. 6, 2021, U.S. Capitol riots. CBS News' Scott MacFarlane reports.
Cervical cancer screening guidelines updated
The American Cancer Society is suggesting a change to cervical cancer screening guidelines so women have the option for self-collection of samples. CBS News medical contributor Dr. Céline Gounder explains.
Eye Opener: Arctic air blasting millions
Frigid temperatures are expected in parts of the U.S. through the weekend. Plus, more details have emerged about the classified briefing on the controversial Sept. 2 boat strikes near Venezuela. All that and all that matters in today's Eye Opener.
Pentagon announces another boat strike
The Pentagon announced another strike on an alleged drug boat in the Pacific Ocean, hours after lawmakers received a classified briefing on a Sept. 2 attack. Charlie D'Agata reports.
Lawmakers on Sept. 2 boat strikes
Republicans and Democrats in Congress received a classified briefing on the deadly Sept. 2 strikes against a vessel apparently carrying drugs toward the U.S. CBS News' Charlie D'Agata reports.