exclusive news!bitcoin news quiz

Bitcoin News Quiz

Question 1: Who is the pseudonymous creator of Bitcoin?

A. Satoshi Nakamoto

B. Elon Musk

C. Vitalik Buterin

D. Changpeng Zhao

Question 2: What is the name of the first Bitcoin exchange?

A. Coinbase

B. Binance

C. Mt. Gox

D. Kraken

Question 3: What is the term used to describe the process of verifying Bitcoin transactions?

A. Mining

B. Staking

C. Hashing

D. Consensus

exclusive news!bitcoin news quiz

Question 4: What is the name of the technology that underlies Bitcoin?

A. Proof-of-Stake

B. Proof-of-Work

C. Blockchain

D. Lightning Network

Question 5: Which country was the first to officially recognize Bitcoin as a legal currency?

A. Japan

B. El Salvador

C. Ukraine

D. United States

Question 6: What is the name of the first major retailer to accept Bitcoin?

A. Amazon

B. Overstock

C. Walmart

D. Tesla

Question 7: What is the term used to describe a sudden and significant drop in Bitcoin’s price?

A. Bull run

B. Bear market

C. Flash crash

D. Halving

Question 8: What is the name of the event that occurs every four years and reduces the number of Bitcoins mined per block by half?

A. Fork

B. Halving

C. Mining

D. Consensus

Question 9: Which cryptocurrency is known as the “Ethereum killer”?

A. Litecoin

B. Solana

C. Polkadot

D. Dogecoin

Question 10: What is the term used to describe the use of Bitcoin for illicit activities?

A. Money laundering

B. Dark web

C. Crypto crime

D. Ransomware

Answer Key:

1. A

2. C

3. A

4. C

5. B

6. B

7. C

8. B

9. B

10. A

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