Bitcoin News Quiz: Test Your Knowledge
Bitcoin, the world’s most popular cryptocurrency, has been making headlines with its price volatility and regulatory challenges. Whether you’re a seasoned investor or just curious about the digital currency, CNN’s Bitcoin News Quiz will test your knowledge of the latest developments.
1. Which CEO recently announced Tesla would no longer accept Bitcoin as payment due to environmental concerns?
– (A) Jeff Bezos
– (B) Elon Musk
– (C) Tim Cook
– (D) Bill Gates
2. What is the name of China’s central bank that has recently cracked down on cryptocurrency trading?
– (A) People’s Bank of China
– (B) Bank of China
– (C) China Construction Bank
– (D) Industrial and Commercial Bank of China
3. Which country became the first to adopt Bitcoin as legal tender?
– (A) United States
– (B) United Kingdom
– (C) El Salvador
– (D) Canada
4. What is the term used to describe the process of creating new Bitcoin through complex algorithms?
– (A) Mining
– (B) Minting
– (C) Issuing
– (D) Casting
5. Which government agency recently warned about the potential risks of investing in cryptocurrencies?
– (A) Federal Reserve
– (B) Securities and Exchange Commission (SEC)
– (C) Treasury Department
– (D) Federal Deposit Insurance Corporation (FDIC)
6. What is the name of the decentralized ledger technology that underpins Bitcoin?
– (A) Blockchain
– (B) Internet
– (C) Cloud
– (D) Database
7. Which cryptocurrency exchange was recently hacked, resulting in the theft of over $1 billion in digital assets?
– (A) Coinbase
– (B) Binance
– (C) Kraken
– (D) FTX
Answer Key:
1. B
2. A
3. C
4. A
5. B
6. A
7. D
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