Test Your Crypto Knowledge With BIC’s Weekly Quiz — March 6

Test Your Crypto Knowledge With BIC’s Weekly Quiz — March 6
фото показано с : beincrypto.com

2021-3-6 15:10

Take BeInCrypto’s quiz to test your knowledge of the crypto space and to stay on top of what’s hot right now.

Jack Dorsey’s Square made an interesting purchase, a famous Wall Street bank re-opened their cryptocurrency trading desk, AP News made an interesting contribution to the non-fungible token (NFT) space, and much more.

Are you sure you know everything about what’s been happening in the industry this week? Take BeInCrypto’s quiz to test your knowledge of the crypto space and to stay on top of what’s hot right now.

1. The Layer 2 solution is set to boost Ethereum’s (ETH) future scalability expansion. But which investor was amongst those that led its latest development funding round this week?

Alphabit Digital Currency FundUnion Square Ventures Draper Goram Holm

2. Which famous Wall St. bank re-opened their cryptocurrency trading desk this week?

Goldman Sachs Morgan Stanley JP Morgan

3. Fan token platform Chiliz announced it was launching a $50 million expansion into a new market. Where?

The United StatesThe European UnionThe United Kingdom

4. As demand for cryptocurrency surges, so too does the demand for stablecoin liquidity. Which stablecoin doubled its circulating supply this year?

USDTUSDcBUSD

5. According to an analysis from The Block Research, which sector of the cryptocurrency and blockchain space is the fastest growing?

Privacy coins Decentralized finance (DeFi)Non-blockchain decentralized ledgers

6. Which Canadian artist sold an NFT collection called WarNymph on the Nifty Marketplace for $6 million last week?

DrakeGrimes Justin Bieber

7. Indeed, NFTs were popular this week, with a newly uncovered Banksy piece being destroyed and converted to an NFT. How was the original piece destroyed?

Burning Shredding Dissolved in acid

8. Associated Press News entered the NFT space with a piece commemorating a special type of political event. Which type of event?

An inaugurationAn election An insurrection

9. Towards the end of the week, a fork of popular DeFi platform Yearn Finance suffered a suspected “rug-pull” event, costing over $31 million. The fork in question is named after which animal?

A lionA zebra A meerkat

10. Finally, Square — a payments processor founded by Twitter’s Jack Dorsey — recently entered the crypto-space with a series of bitcoin (BTC) purchases in excess of $200 million. But which artist’s music streaming company did the payments company spend on this time?

50 CentSnoop DoggJay-Z Click here for the answers

The post Test Your Crypto Knowledge With BIC’s Weekly Quiz — March 6 appeared first on BeInCrypto.

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What Is Cryptocurrency? “Jeopardy!” Features Entire Category on Crypto

Is cryptocurrency becoming more mainstream? It could be if one of America’s most prominent game shows features an entire category devoted to it. The November 29, 2018, episode of “Jeopardy!” — which has been on the air since 1964 — offered five unique questions centered around cryptocurrencies and their technology to test out its contestants’ knowledge on the subject: The results reveal that they did indeed know their fair share.

2018-12-1 22:18