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

Choose a study mode

Play Quiz
Study Flashcards
Spaced Repetition
Chat to lesson

Podcast

Play an AI-generated podcast conversation about this lesson

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 (B)</p> Signup and view all the answers

    What did actor Seth Green have stolen in May 2021?

    <p>NFTs (B)</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 (A)</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 (B)</p> Signup and view all the answers

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

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

    What is the best way to protect your crypto assets?

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

    What is the main disadvantage of the crypto industry?

    <p>Lack of regulation (B)</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 (D)</p> Signup and view all the answers

    What is the best way to avoid crypto price swings?

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

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

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

    What is the main purpose of a crypto wallet?

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

    What is the primary purpose of a crypto wallet?

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

    What is the main goal of DeFi scams?

    <p>To steal crypto coins (A)</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 (C)</p> Signup and view all the answers

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

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

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

    <p>Use a secure crypto wallet (A)</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 (A)</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 (D)</p> Signup and view all the answers

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

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

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

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

    More Like This

    Use Quizgecko on...
    Browser
    Open
    Browser
    Browser