Bought crypto or NFTs? Here's what to know for tax season
Investors should keep track of their crypto and NFT transactions for tax purposes, though there are exceptions.
Cryptocurrency
"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.
Most Americans see cryptocurrency as a risky investment
Adults under 45 are far more likely than older adults to invest in cryptocurrency.
New tech, old scams: Don't fall for these crypto and NFT ripoffs
Yes, cryptocurrencies and non-fungible tokens are thrilling technologies — they're also fertile ground for scams.
Biden's executive order boosts prospects for crypto
The president understands that cryptocurrency can play a huge role in the U.S. economy, one industry observer said.
Crypto companies resist pressure to close Russian accounts
Coinbase and other crypto exchanges say pulling back in Russia would hurt ordinary investors.
Woman loses $390,000 in online crypto dating scam
A new report finds in 2021, cryptocurrency scam victims lost more than $7.7 billion.
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.
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.
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.
Technology
Technology
Almanac: November 7
"Sunday Morning" looks back at historical events on this date.
Meta stock falls after AI commitment
Microsoft, Meta and Alphabet recently reported their quarterly earnings and one thing is certain: the jaw-dropping investments in artificial intelligence are only just getting started. This all comes just days after Nvidia became the world's first-ever $5 trillion company. Jacob Ward, technology journalist, joins CBS News to discuss.
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.
Are we in an AI bubble?
The health of the U.S. stock market on any given day depends on a number of variables, but the New York Times reports that lately, it almost entirely hinges on the success of artificial intelligence and the companies behind this technology. Evan Gorelick, writer for "The Morning" newsletter at the New York Times, joins "The Daily Report" to discuss.
Book argues super AI could end in extinction
Nate Soares, the co-author of "If Anyone Builds It, Everyone Dies," argues in his new book that if any company builds an artificial superintelligence, it would end in human extinction. He joins "The Takeout" 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.
Elon Musk's "partisan actions" hurt Tesla sales, Yale study finds
Elon Musk's partisan stances and foray into politics in recent years have dented the electric vehicle maker's business, Yale researchers say.
OpenAI strikes major deal with Microsoft
OpenAI and Microsoft reached a deal to complete the startup's shift to for-profit. Jason Hiner, editor in chief for ZDNET, joins to break down the deal's impact.
Nvidia becomes the world's first $5 trillion company, buoyed by AI boom
The chipmaker on Wednesday became the first publicly listed company to top $5 trillion in market value, boosted by demand for its AI chips.