101-carat diamond sells for $12.3 million — in cryptocurrency
The diamond is the most expensive jewel ever paid for with cryptocurrency, Sotheby's said.
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The diamond is the most expensive jewel ever paid for with cryptocurrency, Sotheby's said.
A notorious group of hackers is demanding $70 million in Bitcoin in what's being called one of the biggest ransomware attacks in history. Catherine Herridge reports.
The digital currency has tumbled since being valued at more than $63,000 earlier this year.
Bitcoin miners in China are looking to relocate their operations to U.S. states like Texas, South Dakota and Tennessee, according to The Washington Post. It's in response to China taking a tighter stance on cryptocurrency as the country looks to meet its climate goals. Gerry Shih, a China reporter for The Washington Post, joins CBSN's Lana Zak with a deeper dive into this potential migration.
Scammers are posing as celebrities to poach bitcoin and other cryptocurrencies from investors, the FTC said.
"It will bring financial inclusion, investment, tourism, innovation and economic development for our country," El Salvador's president said.
A London police officer pleaded guilty to kidnapping and rape in the high-profile disappearance of Sarah Everard, and El Chapo's wife is set to plead guilty this week. El Salvador approved Bitcoin as legal tender. Ian Lee joins CBSN AM from London with these and other headlines from around the world.
The U.S. government has recovered $2.3 million in cryptocurrency paid in ransom to Colonial Pipeline hackers. The ransomware attack last month led to gas shortages after it shut down the country's largest fuel pipeline. Jeff Pegues has the latest.
The federal government has recovered millions of dollars in cryptocurrency paid in ransom to cybercriminals whose attack prompted the shutdown of the country's largest fuel pipeline, causing gas shortages across the southeastern U.S. last month, according to the Department of Justice. CBSN's Elaine Quijano has the details.
A sudden downdraft in the price of bitcoin is casting doubts about the future of cryptocurrencies.
Digital currencies have slumped after Chinese banking authorities moved to clamp down on their usage.
The price of cryptocurrencies took a dive recently, with bitcoin leading the declines. Its value dropped below $30,000 earlier this week after surging to $63,000 in April. CBS MoneyWatch senior reporter Stephen Gandel joined CBSN to discuss the future of digital money.
Prices of bitcoin and other cryptos plunged after Tesla CEO reversed decision to accept digital currency as payment.
Customers will no longer be able to buy their Teslas in Bitcoin after Elon Musk announced Wednesday the company will stop accepting the cryptocurrency because of its environmental toll. Errol Barnett explains.
A 2019 study concluded that the entire Bitcoin network was responsible for up to 22.9 million tons of CO2 per year.
A battle is brewing in Washington over how to regulate the cryptocurrency industry, and industry leaders want to make sure they have a say. According to a report in the New York Times, some digital currency companies have hired lobbyists, lawyers and consultants in an effort to gain greater influence over how much, or how little the industry is regulated. Eric Lipton, an investigative reporter for the Times, joined CBSN's Elaine Quijano to discuss.
Elon Musk's electric car maker made more money than ever in a single quarter, but none of it was from making cars.
How the Danske Bank money-laundering scheme involving $230 billion unraveled; then, escaping on the Rainbow Railroad; and, Bitcoin's wild ride
Rapper Nas and VC Marc Andreessen are investors in the trading company riding the mania for digital currencies.
After Musk's announcement, the price of a single Bitcoin rose to over $56,000.
With bitcoins trading near $60,000, buying a piece of the action is getting easier with the proliferation of digital currency machines.
If current trends continue, there really will be a digital currency kiosk on every corner.
The energy-hogging digital currency is on track to consume as much electricity as all of the data centers around the world.
The number is four times what it was just three months ago.
Electric car maker earned more from its bet on the digital currency than it made selling vehicles last year.