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Test Your Knowledge on Protecting Your Crypto Assets from Theft!
23 Questions
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Test Your Knowledge on Protecting Your Crypto Assets from Theft!

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@WellRoundedSanctuary

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Questions and Answers

What is the estimated amount of NFTs stolen since July 2021?

  • $200M
  • $50M
  • $100M (correct)
  • $300M
  • What is the estimated amount of NFTs stolen since July 2021?

  • $10M
  • $50M
  • $100M (correct)
  • $500M
  • What is the estimated amount of NFTs stolen since July 2021?

  • $50M
  • $75M
  • $100M (correct)
  • $150M
  • What happened to Seth Green in May 2021?

    <p>He was scammed out of his NFTs</p> Signup and view all the answers

    What did actor Seth Green have stolen in May 2021?

    <p>NFTs</p> Signup and view all the answers

    What happened to Seth Green in May 2021?

    <p>He was scammed out of $300,000 worth of NFTs</p> Signup and view all the answers

    What is the best way to protect your crypto assets?

    <p>Taking the proper steps to safeguard your online activity and digital assets</p> Signup and view all the answers

    What is the crypto industry lacking to retrieve crypto assets if stolen?

    <p>A regulatory framework</p> Signup and view all the answers

    What is the best way to protect your crypto assets?

    <p>Use a secure crypto wallet</p> Signup and view all the answers

    What is the main disadvantage of the crypto industry?

    <p>Lack of regulation</p> Signup and view all the answers

    What is the best way to retrieve your crypto assets if stolen?

    <p>Unfortunately, there is no way to retrieve stolen crypto assets</p> Signup and view all the answers

    What is the best way to avoid crypto price swings?

    <p>Invest in stablecoins</p> Signup and view all the answers

    What is the most common way to lose money in the crypto market?

    <p>Price swings</p> Signup and view all the answers

    What is the main purpose of a crypto wallet?

    <p>To store digital assets</p> Signup and view all the answers

    What is the primary purpose of a crypto wallet?

    <p>To store digital assets</p> Signup and view all the answers

    What is the main goal of DeFi scams?

    <p>To steal crypto coins</p> Signup and view all the answers

    What is the best way to avoid theft of your valuable coins and NFTs?

    <p>Taking steps to protect your online activity and digital assets</p> Signup and view all the answers

    What is the estimated amount of NFTs stolen since July 2021?

    <p>$100M</p> Signup and view all the answers

    What is the best way to keep your digital assets safe?

    <p>Use a secure crypto wallet</p> Signup and view all the answers

    What is the difference between a crypto wallet and a crypto exchange?

    <p>A crypto wallet stores digital assets while a crypto exchange trades them</p> Signup and view all the answers

    What is the best way to retrieve your crypto assets if stolen?

    <p>Unfortunately, there is no way to retrieve stolen crypto assets</p> Signup and view all the answers

    What is the most common way to lose money in the crypto market?

    <p>Price swings</p> Signup and view all the answers

    What is the best way to protect yourself from crypto theft?

    <p>Use a secure crypto wallet</p> Signup and view all the answers

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