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Crypto Security: Avoiding Common Traps Quiz

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Crypto Security: Avoiding Common Traps: a General level Cryptocurrency quiz. Test your knowledge with 11 questions!

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Questions

Question 1

What was the name of the massive crypto exchange that collapsed in 2022?

A Coinbase

B Binance

C Kraken

D FTX

Question 2

Which Mt. Gox incident is famous in crypto history?

A A record-breaking profit

B A massive Bitcoin hack and bankruptcy

C The invention of Ethereum

D The first legal crypto bank

Question 3

What is 'phishing' in the context of cryptocurrency?

A A way to increase transaction speed

B Tricking users into revealing private keys

C A type of stablecoin

D A mining technique

Question 4

What happened to the Terra Luna ecosystem?

A It crashed and lost almost all its value

B It became the global standard

C It was bought by the government

D It merged with Bitcoin

Question 5

Which of these is a common sign of a crypto scam?

A Open source code

B Public audits

C Guaranteed high returns on investment

D High regulatory compliance

📋 This quiz has 11 questions in total.