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Crypto Security: Beware of the Scams Quiz

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11 Questions

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Crypto Security: Beware of the Scams: a General level Cryptocurrency quiz. Test your knowledge with 11 questions!

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Questions

Question 1

What is a common sign of a cryptocurrency investment scam?

A Publicly audited code

B Transparent team profiles

C Guaranteed high returns

D Regulatory compliance

Question 2

Which major exchange collapsed in 2022 due to mismanagement?

A Kraken

B Coinbase

C FTX

D Binance

Question 3

What is the primary goal of a phishing attack on crypto users?

A To mine more Bitcoin

B To stabilize the market

C To lower transaction fees

D To steal private keys

Question 4

What is a 'rug pull' in the crypto world?

A A legal trading strategy

B A secure wallet backup

C A developer abandoning a project with investor funds

D A software update

Question 5

Which infamous 2014 hack involved the loss of 850,000 Bitcoin?

A Bitfinex

B Silk Road

C QuadrigaCX

D Mt. Gox

📋 This quiz has 11 questions in total.