February 26

Should you invest in cryptocurrency?

Cryptocurrency may have once seemed like a niche interest or a passing fad, but it’s moving quickly into the mainstream. Matt Damon, LeBron James and Larry David promoted cryptocurrency platforms in a series of Super Bowl ads, which were so popular that they caused one cryptocurrency app to crash after the game. What’s more, the Staples Center in Los Angeles was recently renamed the Crypto.com Arena, after Crypto.com reportedly paid more than $700 million for the naming rights.

There’s a lot of hype surrounding cryptocurrency these days, but what exactly is it, and is it right for the average consumer or investor?

Reporting for TODAY, NBC’s senior consumer investigative correspondent Vicky Nguyen breaks down what cryptocurrency is, how to know whether it’s trustworthy, and red flags to be aware of before diving in.

Recent Posts