Test Your Knowledge on Protecting Your Crypto Assets from Theft!

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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 (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

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