How-To Geek - Cryptocurrency

A Look Back on NFTs: Where Are They Now?

Katie Rees — Fri, 29 Dec 2023 12:00:24 GMT

In 2021, NFTs were all the rage. Some of these digital assets sold for millions of dollars to dedicated collectors, even though they had no intrinsic value. Today, the case is very different. NFTs have somewhat faded from mainstream culture, but what lead to this decline? What made NFTs so popular in the first place, and where are they now?

Paypal’s Idea for Easier Payments Is a Stablecoin Cryptocurrency

Arol Wright — Mon, 07 Aug 2023 19:37:18 GMT

Stablecoins are often proposed as one of the most logical use cases for cryptocurrencies. Unlike most cryptocurrencies, which have volatile values, stablecoins are pegged to something (usually an actual currency) to keep its value from fluctuating — making it less like a stock and more like an actual currency you can use. Now, PayPal is getting into the business of cryptocurrencies with its new stablecoin, the PayPal USD.

Your Crypto Money Might Not Legally Belong to You Anymore, Court Rules

Corbin Davenport — Fri, 06 Jan 2023 11:07:41 GMT

The cryptocurrency industry has been busy with the sudden collapse of FTX, one of the top crypto exchanges (banks), for almost two months now. Many people still can't get their money out of FTX, and another ruling is more bad news for people using exchanges.

When You Buy NFT Art, You're Buying a Link to a File

Benj Edwards — Thu, 15 Dec 2022 18:27:00 GMT

Dazzling sales of NFTs have made the news over the past year, but each sale comes with a huge caveat: You're buying a link to a file on someone's server, and that link could change. We'll take a look at why NFTs work this way and how it might come back to haunt NFT owners in the future.

Here's the Problem With NFTs

Fergus O'Sullivan — Thu, 15 Dec 2022 18:23:00 GMT

NFTs are all the rage among aficionados of cryptocurrency and collectors alike, not to mention those who like to try their luck on the cutting edge of tech. However, as with all things new, there's a risk with NFTs, one that can turn the cutting edge into the bleeding edge.

New York Cracks Down on Fossil Fuels for Crypto Mining

Corbin Davenport — Wed, 23 Nov 2022 16:38:48 GMT

Cryptocurrency mining often requires massive amounts of electricity, especially for proof-of-work chains like Bitcoin. That power sometimes comes from fossil fuels, which the state of New York wants to limit.

Cryptocurrency Is Having a Bad Time Right Now

Corbin Davenport — Tue, 22 Nov 2022 14:36:45 GMT

Cryptocurrency has been heralded by some as the future of digital payments, without the overhead of a central bank or government. However, at least some overhead might be needed, if the past few weeks have been any indication.

Bitcoin Might Finally Be Collapsing, and That's a Good Thing

Corbin Davenport — Fri, 11 Nov 2022 14:40:01 GMT

Bitcoin was the first mainstream cryptocurrency, but its high price has ensured it remains popular, even as the technology behind it became more outdated and inefficient. Now, Bitcoin might finally in a death spiral.

Ethereum's Biggest Problem Is Being Fixed With "The Merge"

Arol Wright — Wed, 14 Sep 2022 11:57:53 GMT

The Ethereum blockchain is home to the second most valuable cryptocurrency, the Ether (ETH), as well as many other cryptos and, more recently, NFTs. It's also been a source of (well-deserved) criticism because of its high energy usage, but that should change soon.

How Decentralized Social Media (DeSo) Wants to Transform Your News Feed

HTG Staff — Wed, 20 Jul 2022 15:00:12 GMT

Decentralized Social, or DeSo, is a way of social networking built on open blockchain technology without a central authority that owns and operates the network, creating new opportunities for how we can use social media and giving more power to you, the user.