CEX.IO Today’s Quiz Answer 27 August

CEX.IO Today’s Quiz Answer 26 August

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How social sentiment can front-run price action

Q1. What is the first factor mentioned in how social sentiment works

Volume of mentions

Q2. What type of coins are used as an example of social sentiment predicting price moves

Meme coins

Q3. What does Santiment connect social buzz to

On-chain data

Q4. What happens when key influencers discuss a project

Their followers pay attention

Q5. What separates smart traders according to the video

Timing

Q6. What are the three main platforms mentioned for tracking social sentiment

Twitter, Reddit, Telegram

Q7. When mentions of a coin skyrocket, what does this represent

An early warning system

Q8. Which tool is mentioned for showing social volume spikes and sentiment scores

LunarCrush

Q9. Social sentiment acts as a bridge between what two things

Emotions and numbers

Q10. What should viewers start tracking for coins in their portfolio

Social sentiment

Q11. What can sentiment analysis tools measure about specific projects

Whether people are bullish or bearish

Q12. According to the video, what platform “knows before the charts do

Twitter

CEX.IO Today’s Quiz Answer 25 August

How synthetic assets bring Wall Street to DeFi

Q1. How does regulation affect synthetic assets

Unclear laws may reshape the space overnight

Q2. What are the main risks of synthetic assets

Volatility, smart contract bugs, and hacks

Q3. What are synthetic assets in DeFi

Tokens minted on-chain that mirror the price of real-world assets

Q4. Why are synthetic assets called a bridge between Wall Street and blockchain

They merge traditional finance with DeFi access

Q5. How do synthetic assets expand financial inclusion

Anyone with internet access and a wallet can participate

Q6. What vision do synthetic assets suggest for finance

A future where global markets move on-chain

Q7. How can synthetics be used in DeFi protocols

As collateral, for trading, and to create new strategies

Q8. Why are synthetic assets considered borderless

They can be traded 24/7 worldwide without brokers

Q9. Why are synthetic assets programmable

Developers can build financial products directly into code

Q10. What are the transparency benefits of synthetics

Every transaction is visible on-chain

Q11. What’s an example of a synthetic asset

A token representing Tesla shares or gold prices

Q12. Which traditional assets can be mirrored as synthetics

Stocks, commodities, indexes, and currencies

CEX.IO Today’s Quiz Answer 24 August

The truth about crypto market makers

Q1. Who are the unsung heroes keeping the crypto market running smoothly

Market makers

Q2. Why might a market feel deserted without market makers

There would be no one to take the other side of a trade

Q3. Why are illiquid tokens more prone to sudden price swings

Fewer market makers make it easier to move the price

Q4. What is the main job of a market maker

Provide liquidity so trades can happen anytime

Q5. What should traders always respect in the crypto market

The liquidity that market makers provide

Q6. Why are market makers essential to fair trading

They keep markets active and efficient

Q7. What do market makers place on both sides of the order book

Buy and sell orders

Q8. What would happen if there were no market makers

Trading would slow or stop due to lack of buyers and sellers

Q9. How do market makers help keep prices fair

By narrowing the spread between buy and sell prices

Q10. What is a sign of a healthy market with active market makers

Tight spreads and deep order books

Q11. What might market makers do during extreme volatility

Pull liquidity to reduce their risk

Q12. What is considered the lifeblood of trading

Liquidity

Why token burns excite investors

Q1. What is the main purpose of burns that offset emissions

To prevent supply from growing too fast

Q2. What should investors look for beyond the number of tokens being destroyed

Where the value comes from and if it represents sustainable demand

Q3. What happens to tokens during a burn

They are permanently removed from circulation

Q4. What separates the best burns from failed ones

Best burns happen automatically, failed ones need fanfare

Q5. When supply decreases and demand stays the same, what typically happens to price

Price goes up

Q6. According to the video, what can burns NOT do

Fix weak fundamentals

Q7. Which blockchain was mentioned as burning tokens through transaction fees

Ethereum

Q8. What kind of burn schedule is more meaningful to investors

Scheduled burns based on revenue

Q9. What type of burn funding should investors look for

Real revenue

Q10. Which company was mentioned as using trading fees to buy and burn BNB tokens

Binance

Q11. What are the three main drivers of real token value mentioned

Users, revenue, and utility

Q12. What question should investors ask about burn funding sources

Is it real revenue or just moving tokens around

CEX.IO Today’s Quiz Answer 23 August

How to use Telegram safely for crypto. Avoid scams & stay private

Q1. Who should you never share your seed phrase or private keys with

Anyone — including admins or support

Q2. What’s a key danger of clicking links on Telegram

Scammers can drain your wallet with one click

Q3. How do scammers often make links look trustworthy

They disguise them as messages from real projects

Q4. What’s the most important mindset for crypto users on Telegram

Curiosity with caution

Q5. Why is Telegram considered essential in the crypto space

It’s where crypto alpha, airdrops, and community action happen

Q6. What basic security setting should you enable on Telegram

Two-factor authentication (2FA)

Q7. What’s the golden rule for support messages on Telegram

Real support never DMs you first

Q8. Why should you disable group DMs on Telegram

To block scammers pretending to be support

Q9. What’s the most important mindset for crypto users on Telegram

Curiosity with caution

Q10. What’s a typical scammer tactic in Telegram groups

DMing users while pretending to be admins or

Q11. What should you always do before trusting someone on Telegram

Double-check their username and profile

Q12. How do impersonators try to fool you

They copy usernames and profile pictures

Q13. What’s the benefit of using Telegram’s secret folders

To hide sensitive chats from the main feedinfluencers

What I’d do differently if I started crypto in 2020. Hard lessons

Q1. What mistake did the speaker make by trading without a plan

Reacting emotionally instead of making intentional moves

Q2. Why does the speaker advise tuning out crypto hype

Because hype fades but losses can last

Q3. What happened to most of the hype tokens the speaker bought

They quickly lost value and became worthless

Q4. According to the speaker, which type of projects tend to succeed long term

Quiet builders with real utility

Q5. What’s the advice the speaker gives to newcomers starting now

Learn from past mistakes and focus on discipline

Q6. What’s the overall message of the speaker’s hindsight

Learn, plan, and stay focused — don’t get lost in the chaos

Q7. What kind of strategy could have helped the speaker avoid stress

Dollar-cost averaging

Q8. Why is sticking to a strategy important in crypto

It prevents emotional, random decisions

Q9. What’s one major regret the speaker has about their early crypto days

Chasing hype coins based on Twitter trends

Q10. What did the speaker say about taking profits

It’s smart to secure gains before the market turns

Q11. According to the speaker, what does crypto reward in the long run

Discipline and patience

Q12. What mindset did the speaker lack at the beginning

Focus on long-term learning and strategy

CEX.IO Today’s Quiz Answer 22 August

How geopolitical tensions affect Bitcoin mining

Q1. Why should investors care about political and energy headlines

They can directly impact Bitcoin’s costs, security, and decentralization

Q2. How does mining relocation change Bitcoin’s structure

It shifts the global distribution of hash power

Q3. What was the impact of China’s mining ban

A huge share of hash power disappeared but later relocated

Q4. Why do electricity costs matter so much in mining

Cheap energy keeps miners profitable and supports hash power

Q5. What happens when a country bans or heavily restricts mining

Miners relocate to new regions with better conditions

Q6. What does Bitcoin’s reliance on global mining reveal

That it is deeply tied to real-world politics and energy

Q7. What happens when energy prices rise or industrial use is restricted

Older, inefficient miners shut down, reducing hash power

Q8. Where did many miners move after leaving China

The U.S. and Kazakhstan, attracted by cheap energy or incentives

Q9. What does Bitcoin mining depend on besides technology

Global politics, energy, and international tensions

Q10. Why does energy policy shape mining hubs

Governments can attract or drive away miners with pricing and rules

Q11. What role do sanctions and global conflicts play in mining

They can disrupt energy access and force miners to move

Q12. How can drops in hash power affect the Bitcoin network

It may cause higher fees and temporary vulnerability

CEX.IO Today’s Quiz Answer 21 August

How layer 3 networks could transform Web3

Q1. How do Layer 3 networks ideally impact transaction fees and performance

They make transactions even cheaper and faster

Q2. Why might too many layers create potential problems

Users could become confused by complexity

Q3. What does the term “rollups on top of rollups” describe

Layer 3 networks stacking on Layer 2

Q4. If Layer 2 made Ethereum practical for everyday use, what might Layer 3 make it

Truly unstoppable by enabling custom innovation at scale

Q5. Which example best represents a Layer 3 specialisation

A gaming chain built for ultra-fast settlement

Q6. What’s the biggest open question about the future of Layer 3

Whether users and developers will adopt it without getting confused

Q7. Which project is already experimenting with Layer 3 technology known as Hyperchains

zkSync

Q8. What is the main purpose of Layer 2 networks like Arbitrum or Optimism

To make Ethereum faster and cheaper by handling transactions off-chain

Q9. What kind of applications could launch their own specialised Layer 3 chains

Gaming, DeFi, privacy apps, and social platforms

Q10. What is a Layer 3 network designed to build on top of

Existing Layer 2 chains

Q11. Why would a developer choose to use a Layer 3 instead of staying on a Layer 2

To create a customised chain tailored to their specific use-case

Q12. What key benefit do Layer 3 networks inherit from Ethereum Layer 1

Security and final settlemen

CEX.IO Today’s Quiz Answer 20 August

How token standards like ERC-20 and ERC-721 work

Q1. Which assets most commonly use the ERC-721 standard

NFTs like CryptoPunks or Bored Apes

Q2. What type of assets are best suited for ERC-1155

Gaming items that include both fungible and unique collectibles

Q3. Why can exchanges quickly support new ERC-20 tokens

They all follow the same standard behaviour

Q4. Which of the following is an example of an ERC-20 token

USDT or USDC

Q5. What is a risk when a token does NOT follow a known standard

Many wallets and marketplaces might not recognise or support it

Q6. What special feature does ERC-1155 provide

It can handle both fungible and non-fungible tokens in one contract

Q7. Why is interoperability so valuable in crypto

It lets different apps and platforms work with the same tokens seamlessly

Q8. What makes ERC-721 tokens different from ERC-20 tokens

Each ERC-721 token is unique and non-fungible

Q9. What is the main purpose of token standards on Ethereum

Allow apps, wallets, and smart contracts to understand and support tokens without custom code

Q10. What’s the big takeaway about Ethereum token standards

They enable compatibility and innovation across the crypto ecosystem

Q11. Why are token standards sometimes called crypto’s “invisible glue

They quietly connect everything so the ecosystem works together

Q12. What does “fungible” mean in the context of ERC-20 tokens

Each unit is identical and interchangeable

CEX.IO Today’s Quiz Answer 19 August

Why supply shocks move Bitcoin’s price

Q1. What happens when miners hold their newly minted Bitcoin instead of selling

It reduces available supply

Q2. Do supply shocks always create instant price increases

No, sometimes the market takes months to react

Q3. What do exchange reserves indicate about Bitcoin supply

How much Bitcoin is available for immediate trading

Q4. What year did the halving example mentioned in the video occur

2020

Q5. What creates a “powder keg” situation for Bitcoin prices

When people plan to hold instead of sell

Q6. How many Bitcoin will ever exist according to the hard cap

21 million

Q7. Where do whales typically move their Bitcoin to create supply shocks

Cold storage

Q8. What are large Bitcoin holders commonly called

Whales

Q9. What happens to miner rewards during a Bitcoin halving

They get cut in half

Q10. What economic principle explains why supply shocks increase Bitcoin prices

Same demand, less supply

Q11. When Bitcoin flows out of exchanges, what does this typically signal

People plan to hold rather than sell

Q12. What type of Bitcoin strategy do institutions like MicroStrategy typically follow

Long-term holding

CEX.IO Today’s Quiz Answer 18 August

The effect of dollar strength on Bitcoin

Q1. Why does a weakening dollar often boost Bitcoin prices

Investors seek higher-return assets like Bitcoin

Q2. What happens when the dollar starts to weaken

Risk appetite returns and Bitcoin demand often increases

Q3. How does a strong dollar usually affect Bitcoin

It pulls money away from crypto, causing Bitcoin to drop

Q4. What’s the key takeaway for crypto traders from this dynamic

Watching dollar strength can help predict Bitcoin move

Q5. Why does Bitcoin often struggle when the dollar strengthens

Capital leaves risky markets and moves into safer ones like the dollar

Q6. What happens to liquidity in crypto markets when investors favor the dollar

Liquidity drains as money moves out of crypto

Q7. Why do investors rush into the dollar when the DXY rises

They see the dollar as a safe, liquid place during uncertainty

Q8. Which organization’s decisions have a big impact on dollar strength

The Federal Reserve

Q9. What kind of asset do investors consider Bitcoin to be

A risk asset that’s more volatile

Q10. What events from the Fed are worth watching to predict dollar moves

Interest rate decisions and policy speeches

Q11. What does the U.S. Dollar Index (DXY) measure

How strong the dollar is compared to other major currencies

Q12. Besides the Fed, what other factors can move the dollar

Inflation data, job reports, geopolitical news

CEX.IO Today’s Quiz Answer 17 August

The sunk cost fallacy in crypto. Stop holding bad coins

Q1. What question should you ask when deciding whether to keep a coin

Would I buy this coin again today at this price

Q2. Why do people hold losing tokens even when they don’t believe in them anymore

They’re stuck emotionally because they already invested

Q3. What’s the harsh truth about money spent on a bad investment

It’s already gone – and can’t be recovered by holding

Q4. When does holding become dangerous

When it’s based on past investments rather than current value

Q5. What should guide your next move in crypto

Clarity, logic, and current opportunities

Q6. Why is “hope” not a great crypto strategy

It distracts from real analysis and decision-making

Q7. How does the market view your personal investment decisions

It doesn’t care – only the current value matters

Q8. Why is it risky to let pride control your portfolio decisions

You may stay in bad positions just to avoid admitting you were wrong

Q9. What’s the benefit of letting go of a losing token

It frees up attention and capital for smarter plays

Q10. What’s a sign you’re being ruled by emotion instead of strategy

You’re afraid selling will “make it real” that you lost

Q11. What is the sunk cost fallacy in crypto

Holding onto a token just because you already spent time or money on it

Q12. What do smart investors do when they spot the sunk cost trap

They cut losses and move on to better opportunities

Dusting attacks explained. Tiny coins, big privacy risks

Q1. Why is the term “dust” used

Because the amounts are nearly invisible

Q2. What should you do if you see a tiny unexpected deposit

Don’t interact with it or include it in transactions

Q3. How can attackers use dust to uncover identities

By tracking how dust is spent across addresses

Q4. Which wallet feature helps protect against dusting

Coin control

Q5. Why do attackers send such tiny amounts of crypto

To trace wallet activity through blockchain analysis

Q6. What is a dusting attack in crypto

A tactic where hackers send tiny crypto amounts to track wallets

Q7. Why are wallets with coin control safer

They let you choose which coins to spend

Q8. What happens when you unknowingly spend the dust

It links your wallet to other addresses

Q9. What’s the main goal of a dusting attack

To steal your privacy by analyzing transaction history

Q10. What else can help protect your privacy in crypto

Using privacy tools or coin mixers

Q11. What’s a warning sign of a dusting attempt

A random micro-deposit you didn’t expect

Q12. What’s the best mindset when dealing with strange tokens

Treat them as suspicious and leave them alone

CEX.IO Today’s Quiz Answer 16 August

Why you don’t need 100 crypto tokens to succeed. Focused strategy wins

Q1. What’s the problem with holding too many random tokens

It becomes impossible to focus or keep track

Q2. What often triggers chaotic portfolio decisions

Seeing coins pump and trending on Twitter

Q3. Why is chasing every “moon” coin dangerous

It spreads you thin and adds noise

Q4. What’s more powerful than having a long list of tickers

Holding a few high-conviction tokens

Q5. What’s the downside of constantly chasing hype

You end up with a jumbled mess of coins

Q6. What gives you real confidence during market dips

Conviction built from solid research

Q7. What’s the smarter way to approach crypto

Go deep, not wide

Q8. What’s the core message of the video

Slow down, focus, and build conviction

Q9. What helps you actually sleep at night in crypto

Knowing your portfolio inside and out

Q10. What does the video compare crypto hype to

A wild playground full of shiny distractions

Q11. According to the video, what does trying to follow every coin feel like

Reading 100 books at once

Q12. What makes it impossible to properly research dozens of tokens

Each one has its own roadmap, team, and whitepaper

CBDC Race: China vs US vs EU. Who’s ahead

Q1. When could Europe’s Digital Euro potentially roll out

2026 or possibly sooner

Q2. According to the video, CBDCs could affect which three main areas

Banking, access, and financial power

Q3. Which country launched the eNaira

Nigeria

Q4. What is described as the biggest question about CBDCs

Who actually controls your money in a fully digital world

Q5. What stage is the United States at with their digital dollar

Still researching

Q6. In which cities is China testing its digital yuan

Beijing, Shanghai, and Shenzhen

Q7. How many countries are exploring CBDC’s globally

Over 130 countries

Q8. What makes Europe’s CBDC approach different from others

Focus on privacy and user control

Q9. What does CBDC stand for

Central Bank Digital Currency

Q10. What did the Bahamas call their digital currency

Sand Dollar

Q11. Which country is currently leading the CBDC race

China

Q12. What is China’s digital currency called

Digital yuan

CEX.IO Today’s Quiz Answer 15 August

The impact of ETF approvals on crypto prices

Q1. Which crypto assets’ ETF approvals tend to attract the most 99 attention

Bitcoin and Ethereum

Q2. What usually happens to prices before an ETF decision

They often rally in anticipation as traders buy early

Q3. How does regulatory approval affect crypto’s reputation

It boosts legitimacy and reduces the “fad” perception

Q4. Why do ETF approvals open the floodgates for investment

They let pension funds, hedge funds, and traditional investors join in easily

Q5. What does “buy the rumour, sell the news” mean in ETF trading

Prices rise on speculation and sometimes dip after the actual approval

Q6. Why can ETF approvals help reduce volatility over time

Institutional participation smooths out extreme price swings

Q7. What’s the main takeaway about ETF approvals

They can reshape the market beyond just a quick price spike

Q8. How does a Bitcoin or Ethereum ETF give investors exposure to crypto

By tracking crypto prices without needing wallets or private keys

Q9. Why might prices dip after an approval despite the hype

The positive news may already be priced in, leading to profit-taking

Q10. What long-term benefit do ETF approvals bring to markets

They increase liquidity and create deeper order books

Q11. What is an ETF in simple terms

A basket you can buy and sell like a stock

Q12. What happens when an ETF approval is officially announced

Fresh money floods in and prices may surge

CEX.IO Today’s Quiz Answer 14 August

How to track whale wallets for free. Spot big moves early

Q1. What’s a risk of whale-watching without other research

You might misinterpret moves and make bad trades

Q2. What is the main advantage of spotting patterns in whale activity

They reveal consistent buying or selling trends

Q3. Where can you find public lists or alerts of whale transactions

Whale Alert, Nansen (free tier), Twitter accounts, Telegram channels

Q4. Why do whales sometimes move funds between their own wallets

To create noise or hide real activity

Q5. How can whales split holdings to avoid detection

By using multiple wallet addresses

Q6. Why use alerts from tools like DeBank, Arkham, or Telegram bots

To get notified immediately when a tracked whale makes a move

Q7. Why is whale-watching best combined with liquidity checks and market analysis

It gives a fuller picture of potential market moves

Q8. What’s one big benefit of tracking whales for free

Spotting opportunities and avoiding risks before the crowd

Q9. What do blockchain explorers like Etherscan or Solscan let you do

View every transaction from a wallet in real time

Q10. What is a “whale” in the crypto market

A massive player whose trades can move prices dramatically

Q11. Why shouldn’t you react to a single large whale transfer

One-off moves may not mean anything without context

Q12. What can frequent transfers to exchanges suggest about a whale’s intentions

They may be preparing to sell

CEX.IO Today’s Quiz Answer 13 August

How real-world elections affect crypto prices

Q1. What do elections reshape according to the video

The entire financial landscape

Q2. What happens when a pro-innovation government wins

Markets expect friendlier crypto policies

Q3. When do new policies start taking shape according to the video

In the first 100 days

Q4. What is the first key signal to watch during election season

Policy statements about crypto and fintech

Q5. What do regulatory appointments after an election signal

How friendly or hostile the new administration will be toward crypto

Q6. What types of policies do pro-innovation governments typically support

Lighter regulation, clearer tax rules, and serious blockchain investment

Q7. What happens when traditional currencies move

Bitcoin and altcoins feel it too

Q8. Besides choosing leaders, what else are voters deciding when they head to the polls

The future of regulation, government spending, and economic policy

Q9. Why does political uncertainty create massive swings in crypto

Crypto is still young compared to traditional markets

Q10. When do sell-offs sometimes happen in crypto markets

Even before the votes are counted

Q11. How do promises of stimulus spending and infrastructure projects affect crypto

They can shift the value of the US dollar and other major currencies

Q12. What should traders expect during election season

Serious volatility

CEX.IO Today’s Quiz Answer 12 August

How real is the threat of a quantum attack on Bitcoin

Q1. What should Bitcoin holders do to prepare for a potential quantum threat

Follow Bitcoin development and be ready to move funds after upgrades

Q2. Why is there no need to panic about quantum attacks on Bitcoin right now

Quantum computers are nowhere near capable of breaking Bitcoin’s cryptography

Q3. Which types of algorithms are considered post-quantum and safer against quantum attacks

Lattice-based and hash-based signatures

Q4. What’s the bottom line about quantum computers and Bitcoin

It’s a long-term risk, but Bitcoin can adapt well before it becomes a real threat

Q5. What can Bitcoin do if quantum computers become a real threat

Upgrade to quantum-resistant algorithms through a soft or hard fork

Q6. Who is already working on defences against quantum attacks in Bitcoin

The Bitcoin developer, community and cryptography researchers

Q7. When is a Bitcoin public key exposed

Only when coins are spent from an address

Q8. Are today’s quantum computers capable of breaking Bitcoin’s cryptography

No, they are far too small and unstable for that

Q9. How powerful would a quantum computer need to be to break Bitcoin

Massive, highly reliable, and decades ahead of current technology

Q10. What could a powerful quantum computer theoretically do to Bitcoin’s security

Use Shor’s algorithm to derive private keys from public keys

Q11. Why does keeping coins in a fresh, unused address offer extra safety for now

Because the public key isn’t visible until you spend from it

Q12. What kind of cryptography does Bitcoin use to secure transactions

ECDSA (Elliptic Curve Digital Signature Algorithm)

CEX.IO Today’s Quiz Answer 11 August

Why liquidity matters more than you think

Q1. Why is liquidity more than just a number

It shows how safe and efficient a market really is

Q2. Does hype always mean good liquidity

No, a token can be hyped but hard to trade

Q3. What can happen if you ignore liquidity before trading

You may get stuck with an asset you can’t sell easily

Q4. Why are low liquidity markets attractive to scammers

They’re easier to manipulate due to fewer real participants

Q5. Why is liquidity called the “heartbeat” of a market

Because it keeps trading smooth and alive

Q6. How does high liquidity affect slippage

It reduces slippage, giving you better execution prices

Q7. How does high liquidity benefit you as a trader

You can enter and exit positions easily without major losses

Q8. What is liquidity in crypto

How easily you can buy or sell an asset without major price changes

Q9. What’s the risk of trading in a low liquidity market

Small trades can cause big price swings

Q10. What is slippage in trading

The difference between the expected price and the actual price of a trade

Q11. What happens when liquidity is high

Markets run smoothly, with stable prices and fast transactions

Q12. What’s the smartest habit before trading any token

Check liquidity first – always

CEX.IO Today’s Quiz Answer 10 August

Crypto regulation in 2025. What’s changing and why it matters

Q1. Why are big institutions like banks waiting on the sidelines

They need clear and enforceable rules

Q2. What has been banned under the new rules

The Federal Reserve issuing a retail CBDC

Q3. What’s one major consumer protection now required

Audited reserve disclosures

Q4. Why are some optimistic about crypto regulation

It opens the door for institutional adoption

Q5. What’s the key takeaway for anyone in crypto today

Staying informed is your best edge

Q6. What else did 2025 regulation clarify besides stablecoins

What counts as a security or commodity

Q7. Who must comply with the GENIUS Act’s rules

Any stablecoin issuer, bank or not

Q8. What’s the main goal of new crypto regulations

Protect everyday users and enforce taxes

Q9. What triggered the global rush to regulate crypto

The collapse of FTX and Terra

Q10. What major legislation was passed in the U.S. in 2025

The GENIUS Act

Q11. What’s a concern some people have about regulation

It could kill innovation and push activity underground

Q12. What does the GENIUS Act require for stablecoins

Must be backed 1:1 with U.S. dollars and Treasuries

Optimistic vs ZK rollups. Ethereum scaling made simple

Q1. What’s the role of the ‘dispute window’ in Optimistic Rollups

It allows anyone to challenge potentially invalid transactions

Q2. What problem do rollups solve for Ethereum

They reduce congestion and lower transaction costs during high network activity

Q3. What’s an advantage of ZK Rollups over Optimistic ones

Faster finality and stronger security from the start

Q4. Which projects use ZK Rollup technology

zkSync, StarkNet, Polygon zkEVM

Q5. Which popular projects use Optimistic Rollups

Arbitrum and Optimism

Q6. How do rollups improve speed and efficiency

By bundling many transactions together and posting them to Ethereum as one

Q7. What are rollups in blockchain

A Layer 2 solution that processes transactions off-chain and sends a summary to Ethereum

Q8. How do Optimistic Rollups verify transactions

They assume all are valid unless someone challenges them during a dispute window

Q9. What is a Layer 2 solution

A blockchain system built on top of E

Ethereum to scale its performance

Q10. What is a ‘zero-knowledge proof’ in this context

A mathematical method that proves transactions are valid without revealing all details

Q11. How are ZK Rollups different from Optimistic Rollups

They use zero-knowledge proofs to verify every batch of transactions

Q12. What’s the motorway metaphor in the video used to describe

Ethereum getting clogged during high usage, with rollups acting like a flyover to ease traffic

CEX.IO Today’s Quiz Answer 09 August

What kids born in 2025 will think about money

Q1. How will they interact with investments

Through gamified, fractional platforms

Q2. What kind of wallets will be the norm

Digital wallets with instant access

Q3. How will they likely authenticate payments

With face or fingerprint recognition

Q4. Who will handle their finances

AI-powered assistants

Q5. Why will credit cards seem outdated to them

Digital wallets and biometrics are faster

Q6. What will ownership look like in their world

Tokenized and tracked on-chain

Q7. How will kids born in 2025 likely view physical cash

As a relic, like VHS tapes or floppy disks

Q8. How will they see traditional finance

As something their parents used

Q9. What will privacy and control mean to them

Everyday norms, like self-custody

Q10. Where might future generations encounter physical cash

In museums or old movies

Q11. What will replace slow bank transfers for them

Instant stablecoin or CBDC transactions

Q12. How might they earn crypto

By playing games or creating content

How to understand TVL and why it changes

Q1. According to the video, what can a 50% price crash do to TVL

Cut TVL in half overnight

Q2. What does TVL stand for

Total Value Locked

Q3. How should you use TVL according to the video’s conclusion

As one piece of your DeFi puzzle, not the whole picture

Q4. According to the video, sudden TVL drops are

Red flags worth investigating

Q5. What question does the video suggest asking about user deposits

Are people depositing for real utility or chasing quick rewards

Q6. According to the video, what does TVL primarily represent

A confidence meter showing trust in a protocol

Q7. What should you check besides TVL when researching protocols

Team, security audits, and actual use cases

Q8. What type of TVL growth does the video suggest indicates real utility

Steady, consistent growth

Q9. What does the video say about using TVL in research

TVL should support your research, not replace it

Q10. What happens to TVL when token prices rise but no new money is deposited

TVL automatically increases

Q11. How many main reasons does the video give for TVL going up

Three reasons

Q12. What does the video say about protocols with billions in TVL

They are not automatically safe

CEX.IO Today’s Quiz Answer 08 August

Should you really buy Bitcoin? Know before you buy

Q1. What mindset does the video encourage before investing

Take your time and make informed decisions

Q2. Why might Bitcoin not be right for some people

They need short-term stability and can’t afford big losses

Q3. What is Bitcoin described as in the video

A tool, not a magic solution

Q4. What should you understand before buying Bitcoin

Why it exists and how it works

Q5. What’s an unhealthy reason to buy Bitcoin

Because everyone else is doing it

Q6. What is the best investment according to the video

Your own understanding and peace of mind

Q7. What does the video say about Bitcoin’s future availability

It’ll still be here tomorrow

Q8. What’s the main idea of the video

Not everyone should rush into buying Bitcoin

Q9. How is Bitcoin’s price behavior described

Highly volatile with big swings

Q10. What is Bitcoin built on

Blockchain technology

Q11. Why might someone feel pressured to buy Bitcoin

Because of hype and fear of missing out

Q12. What’s a healthy sign you might be ready to invest in Bitcoin

You’ve researched it and understand the risks

CEX.IO Today’s Quiz Answer 06 August

Stablecoin depeg explained. What it means and why it’s dangerous

Q1. What can cause a stablecoin to depeg

Lack of reserves or weak collateral

Q2. How was TerraUSD (UST) supposed to stay pegged

Through an algorithmic system

Q3. What kind of assets should back a reliable stablecoin

Real, audited, transparent reserves

Q4. Which stablecoin collapsed in 2022, wiping out billions

TerraUSD (UST)

Q5. Why is trust critical for a stablecoin’s stability

Because once trust slips, the price can unravel quickly

Q6. Have even large stablecoins ever depegged briefly

Yes, coins like USDC have dipped in high-stress moments

Q7. Which psychological trigger can accelerate a depeg crisis

Panic selling

Q8. What is a stablecoin generally designed to maintain

A fixed value like $1

Q9. What should users check before trusting a stablecoin

How it’s backed and who audits it

Q10. What’s a technical reason a stablecoin might fail

Smart contract bugs

Q11. What happened when confidence in UST broke down

Its price crashed far below $1

Q12. What does it mean when a stablecoin “depegs

It loses its 1:1 value against its backing asset

CEX.IO Today’s Quiz Answer 05 August

What moves crypto prices? Bitcoin, news and order books

Q1. What makes technical analysis somewhat predictable

Thousands of traders act on the same chart patterns

Q2. What role does psychology play in crypto prices

Emotions like fear and FOMO drive buying and selling decisions

Q3. Why do you see different Bitcoin prices on different exchanges

Each exchange has its own trading activity and order book

Q4. What happens when some cryptocurrencies burn tokens

Supply shrinks, which can push prices up

Q5. What do price trackers like CoinMarketCap show

An average of prices from multiple exchanges

Q6. When does the crypto market trade

24hours a day, 7 days a week

Q7. What is an order book

Where buyers list what they’ll pay and sellers list what they want

Q8. What determines crypto prices at their core

Supply and demand

Q9. What is liquidity in crypto trading

How easily you can buy or sell without affecting the price much

Q10. What happened when Tesla announced it would accept Bitcoin

The price usually jumped

Q11. Which exchange was mentioned alongside Binance and Coinbase in the video

Kraken

Q12. How many Bitcoin will ever exist

21million

CEX.IO Today’s Quiz Answer 04 August

Why CEX.IO beats DEXs for beginners. Security, support, simplicity

Q1. What makes CEX. IO more beginner-friendly

It offers customer support and guidance

Q2. What risk do DEXs have in case of user error

There’s no one to contact for help

Q3. Why is using a fiat on-ramp helpful

It lets users buy crypto without needing crypto

Q4. How does CEX. IO help in emergencies

You can talk to a support team

Q5. Why might new users struggle with DEXs

They require owning crypto before trading

Q6. What is a limitation of DEXs regarding payment methods

They don’t allow direct bank card use

Q7. What is one major advantage of DEXs

They let you trade directly from your wallet

Q8. What kind of support does CEX. IO offer

Real human support anytime

Q9. How does CEX. IO simplify crypto purchases

It allows you to buy crypto with a bank card

Q10. Why might someone choose CEX. IO over a DEX

For ease, security, and live assistance

Q11. What security feature does CEX. IO provide

Identity verification and bank-level protection

Q12. How does CEX. IO protect users against fraud

With account monitoring and recovery tools

CEX.IO Today’s Quiz Answer 03 August

Why I quit daily crypto trading I Mental health & long-term gains

Q1. What did the user start focusing on instead

Fundamentals and long-term trends

Q2. Why did the user sleep poorly

They constantly checked price alerts

Q3. What changed when the user made fewer decisions

They felt more in control

Q4. What did the user realize about investing

It’s a marathon, not a sprint

Q5. What was the user’s original approach to crypto

Daily trading

Q6. How did small losses feel to the user

Huge and emotionally draining

Q7. How did daily trading affect the user’s emotions

It made them feel stressed and on edge

Q8. What made the user feel constantly behind

Chasing alerts and multitasking

Q9. Why did the user decide to stop trading daily

They realized they were sacrificing peace for profit

Q10. What is the main takeaway of the story

Protect your peace of mind

Q11. What led to portfolio growth

Patience and long-term strategy

Q12. How did the user’s lifestyle improve

Better sleep and more time for family

What is Web3 identity? Crypto wallets, privacy & digital control

Q1. What makes Web3 identity more secure than Web2

It’s stored on the blockchain

Q2. How do you access apps in Web3

By connecting a crypto wallet

Q3. What kind of access does your Web3 wallet give you

Universal login to apps and platforms

Q4. What happens to your Web3 identity across platforms

It moves with you

Q5. How does Web3 identity protect your privacy

You choose what to share

Q6. What kind of decisions are removed in Web3 identity

Centralized bans and hidden algorithms

Q7. What is an “on-chain resume

Your blockchain activity and contributions

Q8. What can your wallet prove in Web3

Tokens, NFTs, DAO membership

Q9. Who controls your Web3 identity data

You do

Q10. What are some examples of Web3 wallets

MetaMask, Phantom, WalletConnect

Q11. What is an “on-chain resume

Your blockchain activity and contributions

Q12. Why is Web3 identity a big shift for users

It gives back ownership and control

CEX.IO Today’s Quiz Answer 02 August

Layer 1 vs Layer 2 | Simple guide to Blockchain scaling solutions

Q1. What is Lightning Network

A Layer 2 solution for Bitcoin that enables instant payments

Q2. What is Layer 1 in blockchain technology

The main blockchain where all transactions are recorded

Q3. What analogy was used to describe Layer 1 congestion

A busy motorway during rush hour

Q4. What do zero-knowledge rollups use to verify transactions

Cryptography to prove everything upfront

Q5. How much can Lightning Network reduce Bitcoin transaction fees according to the video

From $2.80 to $0.001

Q6. What happens when Layer 1 networks get congested

Fees go up and transactions slow down

Q7. What is the relationship between Layer 1 and Layer 2

They work together – Layer 1 provides security, Layer 2 provides speed

Q8. What is the main purpose of Layer 2 solutions

To process transactions off the main chain and improve speed

Q9. What do optimistic rollups assume about transactions

Everything is fine unless someone objects

Q10. Which Layer 2 solutions were mentioned for Ethereum

Arbitrum and Optimism

Q11. How much money is locked in Layer 2 solutions as of 2025

Over $42 billion

Q12. Which of these is an example of a Layer 1 blockchain

Bitcoin

5 must-have tools to DYOR in crypto | Research before you act

Q1. What does GitHub activity tell you

Whether developers are actively building

Q2. Why should you care about token unlocks

They can affect a token’s price significantly

Q3. Why is checking on-chain data useful

It helps verify if a project has real usage

Q4. What do CoinGecko and CoinMarketCap help you track

Real-time price, market cap, and supply

Q5. Why is reading a project’s whitepaper important

It explains what the project does and how it works

Q6. What does “Do Your Own Research” mean in crypto

It means using tools to make informed decisions

Q7. Why are CoinGecko and CoinMarketCap important

They provide essential coin data in one place

Q8. What do platforms like TokenUnlocks show

Upcoming token release schedules

Q9. What does Etherscan allow you to see

Real wallet activity and smart contract data

Q10. Why can the crypto space feel overwhelming

Because there’s hype, speed, and tons of projects

Q11. How can social platforms help with research

They show real community engagement

Q12. What’s a red flag in crypto

communities

Silence or constant hype without answers

CEX.IO Today’s Quiz Answer 01 August

Top 3 crypto sectors to watch in 2025. RWAs, Layer 2 & Web3

Q1. What’s the main takeaway of the video

Watch the builders and infrastructure – not just the hype

Q2. What are real-world Assets (RWAs) in crypto

Tokenized versions of real state, bonds, and commodities

Q3. Why should investors look beyond meme coins

Because lasting value comes from foundational technology

Q4. Which Layer 2s were mentioned as scaling solutions

Arbitrum, Optimism, Base, zkSyn

Q5. What’s the key benefit of tokenizing RWAs

Making previously illiquid assets tradable and programmable

Q6. Why are RWAs attracting big financial institutions

They unlock liquidity and connect traditional finance with crypto

Q7. Which companies are actively investing in RWAs

BlackRock, Citi, and JPMorgan

Q8. What challenge do Layer 2 solutions address on Ethereum

High fees and slow transaction speeds

Q9. What is Web3 Infrastructure all about

Building the backend tools like identity, storage, and compute

Q10. Why is Web3 Infrastructure important for developers

It allows them to build secure and censorship-resistant apps

Q11. Which tools are part of Web3 infrastructure

ENS, Filecoin, Arweave, Akash

Q12. How do Layer 2s improve user experience

They make apps cheaper, faster, and more accessible

 CEX.IO Today’s Quiz Answer 31 July

How Blockchain explorers work. Track wallets, transactions & NFTs

Q1. What kind of websites should you avoid when exploring blockchain data

Fake explorer sites set up by scammers

Q2. What should you always check before using an explorer

That the URL is official and correct

Q3. What kind of data can you find using a transaction ID

Sender, receiver, amount, and timestamp

Q4. How are explorers described in the video

Like X-ray vision for the blockchain

Q5. Why are explorers useful for viewing gas fees

They break down each transaction’s cost

Q6. What tool helps you track crypto transactions on a blockchain

Blockchain explorer

Q7. Why are explorers helpful for crypto beginners

They make blockchain data easier to understand

Q8. What happens when you type a wallet address into an explorer

You see balances and full transaction history

Q9. What is a blockchain compared to in the video

A public ledger

Q10. Which of these can blockchain explorers help you check

NFT arrivals and smart contract activity

Q11. How does the video describe using a blockchain explorer

Becoming a detective

Q12. What do explorers like Etherscan or Solscan allow you to do

Search wallets and transaction IDs

 CEX.IO Today’s Quiz Answer 30 July

What happens after the last Bitcoin is mined? Final block explained

Q1. What’s the main reward miners receive today

New Bitcoins and transaction fees

Q2. When will the last Bitcoin be mined

Around the year 2140

Q3. How many Bitcoins will ever exist in total

21 million

Q4. What keeps the Bitcoin network secure after all coins are mined

Transaction fees paid to miners

Q5. What happens after the last Bitcoin is mined

Miners will only earn from transaction fees

Q6. What changes for miners after the final Bitcoin in mined

They earn only through fees

Q7. Why is Bitcoin considered digitally scarce

Its supply is limited and coded

Q8. What ensures that Bitcoin supply stops increasing

It’s written into the code

Q9. What could happen if demand stays high while Bitcoin supply is fixed

Price could rise significantly

Q10. What is a Bitcoin halving

A process that cuts block rewards in half

Q11. How often do Bitcoin halvings occur

Every four years

Q12. Why won’t reaching the Bitcoin cap be a shock to the system

The network has been preparing for it through halvings

 CEX.IO Today’s Quiz Answer 30 July

Top 3 features to try on CEX. IO today

Q1. What is the main purpose of this video

To show three strategies for using CEX. IO this week

Q2. What platform does the video recommend for managing crypto on the go

The CEX. IO mobile app

Q3. What does the video say about the mobile app’s security

It has top-tier protection

Q4. According to the video, buying crypto with your card takes how long

A few minutes

Q5. What does CEX. IO Earn help you do with existing crypto

Generate passive rewards automatically

Q6. The video says CEX. IO Earn works without requiring what from users

Spending hours glued to the screen

Q7. What should users check regarding product availability

Regional availability on CEX. IO

Q8. Which regions are mentioned as having potential product restrictions

US, EEA, and UK

Q9. The video suggests trying the features in what way

One by one or mixed up for full experience

Q10. What is the first strategy mentioned in the video

Direct card purchases

Q11. How many strategies does the video recommend trying

Three

Q12. According to the video, the mobile app allows you to do all of these except what

Mine new cryptocurrency

 CEX.IO Today’s Quiz Answer 28 July

HODL in crypto: genius move or missed opportunity

Q1. What’s the core message of HODLing

Do less, but do it with conviction and patience

Q2. What does HODLing mean in the context of crypto

Holding your crypto long-term, regardless of market ups and downs

Q3. Why is discipline important for HODLing

You must stick to your plan despite fear, hype, or doubt

Q4. How does HODLing affect trading fees and taxes

It minimizes both

Q5. Why is HODLing sometimes mistaken for doing nothing

Because it appears passive, even though it’s a strategy

Q6. Why does HODLing require tuning out market noise

So you don’t make impulsive decisions

Q7. What’s one common challenge HODLers face

Doubting their choices during bear markets

Q8. What kind of market trends does HODLing aim to benefit from

Long bull cycles over months or years

Q9. Why do some of the most successful crypto investors choose to HODL

Because they believe in long-term trends and avoid reacting emotionally

Q10. How does compounding reward long-term holders

Your gains build over time if left untouched

Q11. What emotional benefit does long-term holding provide

It prevents panic selling during market crashes

Q12. What role does scarcity play in long-term holding

Scarce crypto assets can grow in value over time

 CEX.IO Today’s Quiz Answer 27 July

What is KYC in crypto – and why platforms ask for your ID

Q1. What’s a long-term effect of KYC on crypto

It helps crypto grow and go mainstream

Q2. Why has KYC become common in crypto

Because crypto is now part of the global financial system

Q3. Why do crypto platforms ask for ID documents

To prevent fraud and verify users are real

Q4. How should users see KYC requests

As part of responsible access to crypto

Q5. Which industries already use KYC processes

Banks and financial services

Q6. What does KYC stand for in the crypto world

Know Your Customer

Q7. What happens when platforms don’t use KYC

Fraud and scams become harder to detect

Q8. Is KYC meant to spy on you

No, it’s about following global regulations

Q9. How does KYC support trust

It builds credibility with users and regulators

Q10. What does KYC help stop

Money laundering and fake accounts

Q11. How does KYC help with lost funds

Having ID on file can help recover access

Q12. What’s one main benefit of KYC for users

Higher limits and more platform features

How to recognize if a crypto tool is useful – or just noise

Q1. What’s the most important question to ask about a new app

Would I still use this if no one else was talking about it

Q2. What should you look for in a crypto tool

It solves a real problem

Q3. What kind of crypto tool gives you peace of mind

One that works reliably in all markets

Q4. What’s a good sign that a crypto app is useful

It’s faster or cheaper than traditional options

Q5. How can you tell a tool isn’t just hype

You’d use it even if the price stayed the same

Q6. What kind of projects should you focus on

Ones that quietly solve real problems

Q7. What’s the danger of chasing hype

You can get lost in tools that don’t last

Q8. What makes a crypto tool trustworthy

It helps people store or send value safely

Q9. How do lasting crypto tools behave in a downturn

They keep working without interruption

Q10. Why do some tools fade when the market drops

They were built on hype, not real utility

Q11. Which type of crypto project is most likely to last

One that people keep using regardless of price

Q12. What’s a red flag in the crypto space

A platform that only matters when prices rise

 CEX.IO Today’s Quiz Answer 27 July

The internet changed music, news, and shopping. Money’s next

Q1. What was one way people used to listen to their favorite songs

Digging through stacks of CDs

Q2. How did people get news before the internet

By buying a newspaper from the shop

Q3. How does the script describe the arrival of the internet

Quiet at first, then all at once

Q4. What does crypto aim to be, according to the script

Money for the internet age

Q5. What did the internet turn music into

Streaming any song, any time

Q6. What does the script compare crypto speed to

Sending an email

Q7. How did the internet change how we shop

Made it instant and mobile

Q8. What did calling a taxi involve before apps

Waving on the pavement and hoping one would stop

Q9. What’s the main message of the video

Disruption feels strange at first, but money is next in line to evolve

Q10. How does the speaker describe the early days of streaming and online banking

People were skeptical and laughed it off

Q11. Why does the script say money feels stuck in the past

It still works like dial-up internet

The weirdest places where people use crypto every day

Q1. What kind of educational institutions accept Bitcoin for payments

Some universities

Q2. Why do small businesses like barbers or second-hand shops accept crypto

It’s faster, cheaper, and sometimes safer than traditional payments

Q3. Where in Europe can you use crypto for public transport

Switzerland

Q4. How can you pay rent in Berlin using crypto

Directly to your landlord with Bitcoin

Q5. What can gamers buy with crypto in online games

Weapons and upgrades

Q6. What problem did stablecoins help solve in Venezuela

They helped avoid hyperinflation at the grocery store

Q7. What can you buy with Bitcoin in El Salvador

Pupusas (local street food)

Q8. Where in Tokyo can you use crypto for everyday needs

At a coin-operated laundromat

Q9. Why do some hospitals in Argentina accept stablecoins

Because inflation makes local currency unreliable

Q10. Why did people in Ukraine use crypto during the war

To buy food, medicine, and pay rent when banks were down

Q11. What’s the main message of the video

Crypto is a real tool used daily by real people

Q12. How do people tip creators online using crypto

With tokens like Dogecoin or Ethereum

 CEX.IO Today’s Quiz Answer 25 July

Trading vs HODLing. Which crypto strategy wins

Q1. What is a realistic mindset to have when picking a strategy

Know your goals, risk tolerance, and time commitment

Q2. What characterizes crypto trading

Fast-paced buying and selling based on charts and signals

Q3. Why do some people enjoy trading despite the stress

They like the excitement and challenge

Q4. How does a HODLer think about crypto markets

Years into the future

Q5. Can someone combine trading and holding strategies

Yes, many use both approaches with different portions of their portfolio

Q6. What is HODLing in crypto

Long-term holding with conviction and patience

Q7. What personality traits are helpful for traders

Discipline and emotional control

Q8. What’s the best crypto strategy according to the video

The one you can stick to through ups and downs

Q9. What does HODLing help you avoid

Daily stress and emotional rollercoasters

Q10. What is the key decision many face when entering crypto

Whether to trade or hold (HODL)

Q11. Why might someone prefer holding over trading

They want to avoid analyzing markets constantly

Q12. What’s one of the biggest risks of trading

Quick market drops that erase gains

 CEX.IO Today’s Quiz Answer 24 July

Real-world assets on blockchain. Why RWA tokens are trending now

Q1. Why are RWAs seen as more accessible to investors

You can own a fraction of an asset

Q2. What is one reason RWAs are bridging TradFi and DeFi

They combine real-world stability with blockchain speed

Q3. Which major institutions launched RWA platforms

BlackRock and JPMorgan

Q4. What adds credibility and trust to RWAs

They’re backed by legal, real-world assets

Q5. What does RWA stand for in crypto

Real-World Asset

Q6. Which project was mentioned as launching real estate-backed RWAs

Stage Point Europe

Q7. How much did the RWA market grow in six months in 2025

From $8.6 billion to over $23 billion

Q8. How fast can RWA transactions settle compared to TradFi

In seconds

Q9. What does tokenisation allow for with RWAs

Instant and programmable ownership

Q10. How do RWAs affect access to traditional finance

They lower the barrier to entry

Q11. What kind of assets can RWAs represent

Property, bonds, shares, and gold

Q12. What kind of returns do some RWA platforms claim to offer

Transparent tracking and guaranteed returns

 CEX.IO Today’s Quiz Answer 23 July

Blockchain forks explained. Hard vs soft fork in crypto

Q1. What causes a blockchain fork to happen

A change to the network’s rules or protocol

Q2. What is a soft fork

A backward-compatible upgrade to the blockchain

Q3. What happens to the original cain after a hard fork

It continues separately from the new chain

Q4. Do hard forks always require all users to upgrade

Yes, to stay on the same chain

Q5. What is a blockchain fork

A change in rules that causes the blockchain to split into two paths

Q6. What happens to non-updated nodes in a soft fork

They can still interact with updated nodes

Q7. Why are forks considered part of blockchain evolution

They allow communities to shape the future of the network

Q8. What can trigger a blockchain fork

Disagreements, bug fixes, or feature upgrades

Q9. What is an example of a blockchain hard fork

Bitcoin Cash splitting off from Bitcoin in 2017

Q10. What is a hard fork

A non-backward-compatible split creating a separate blockchain

Q11. What does a hard fork result in

Two completely separate blockchains

Q12. What are the two main types of forks

Soft forks and hard forks

 CEX.IO Today’s Quiz Answer 22 July

Is Solana replacing Ethereum? Speed, fees & use cases compared

Q1. What is Ethereum’s approximate market cap mentioned in the video

Over 300 billion dollars

Q2. What programming language does Solana use

Rust

Q3. How many transactions per second does Ethereum process

About 15 transactions per second

Q4. Which blockchain is better suited for gaming and consumer apps according to the video

Solana

Q5. How many validators does Solana have

Around 1,300 validators

Q6. What enables Solana’s micro-transactions according to the video

Ultra-low fees

Q7. How many transactions per second can Solana handle

Around 5,000 transactions per second

Q8. What major issue has Solana experienced that Ethereum hasn’t

Complete network outages

Q9. How many validators does Ethereum have

Over one million validators

Q10. When was Ethereum launched

 2015

Q11. What programming language does Ethereum use

Solidity

Q12. What is the approximate cost of a transaction on Solana

About $0.00025

 CEX.IO Today’s Quiz Answer 21 July

The real metaverse explained. Beyond VR and hype

Q1. What is the metaverse not limited to

A single place or platform

Q2. How does blockchain enable the metaverse

It lets users move assets freely across apps and platforms

Q3. What does the metaverse shift away from

Platform-owned spaces to user-owned experiences

Q4. What is the invitation at the end of the explanation

 To join and help shape the future of the open metaverse

Q5. What is the role of a wallet in the metaverse

 It holds your identity, assets, and voting power

Q6. What connects different worlds and apps in the metaverse

Interoperability through blockchain and crypto

Q7. Why are NFTs, DAOs, and smart contracts important in the metaverse

They give users ownership, governance, and automation

Q8. Who helps shape the future of the metaverse

Communities, creators, and startups

Q9. What’s a key difference in identity within the metaverse

You control and own your digital identity

Q10. How does the metaverse change user participation

Users become builders and decision-makers

Q11. What is the metaverse according to the real definition

A persistent, always-on digital universe where people live, work, and connect

Q12. What can users actually own in the metaverse

Digital assets like currency, art, music, or code

 CEX.IO Today’s Quiz Answer 20 July

The craziest things people have bought with Bitcoin

Q1. What was the first famous real-world purchase made with Bitcoin

Two pizzas for 10,000 BTC

Q2. How is Bitcoin used in places with limited banking

As a lifeline to join the global economy

Q3. What’s the overall message of the video

Bitcoin is already part of everyday life

Q4. What kind of property was purchased using Bitcoin

An apartment in New York

Q5. How much were the two pizzas worth in 2010

About forty dollars

Q6. What types of luxury goods have been bought with Bitcoin

Yachts and homes

Q7. Which car has someone bought with Bitcoin

A Tesla

Q8. Who was the programmer that traded Bitcoin for pizza

Laszlo Hanyecz

Q9. What’s the estimated value of those pizzas today

Billions of dollars

Q10. Besides extravagant items, what everyday things do people buy with Bitcoin

Groceries, flights, and online shopping

Q11. What space-related thing did someone buy with Bitcoin

A ticket to space

Q12. What’s the point of these Bitcoin stories

Bitcoin is real money used for real thing

Why memes move the crypto market and what that says about us

Q1. What is Dogecoin’s current market value mentioned in the video

Around $25 billion

Q2. According to the video, what do memes show us about crypto’s real power

Connection

Q3. What happened when Elon Musk called Dogecoin “the people’s crypto

Dogecoin rocketed over 50% in hours

Q4. What was Dogecoin originally created as

A joke

Q5. What drives every wild price swing in crypto according to the video

Real people making real decisions driven by real emotions

Q6. How much did Dogecoin drop after reaching its 2021 peak

More than 70%

Q7. What was Dogecoin’s peak price in 2021 mentioned in the video

About 73 cents

Q8. What happens when a cartoon dog appears in a tweet according to the video

Millions of dollars flood into cryptocurrency

Q9. What does the video say memes represent in crypto

A window into how we think, feel, and what risks we’re willing to take

Q10. What emotion does the video say “slaps you in the face” when seeing trending meme coins

FOMO (Fear of Missing Out)

Q11. According to the video, crypto markets move primarily based on what

Feelings, hype, and stories

Q12. According to the video, when you buy a meme coin, what are you really buying

A ticket to a community and a running joke

 CEX.IO Today’s Quiz Answer 19 July

Why “holding” crypto is not the same as “investing”

Q1. Why might someone use crypto for access

To send money where banks are slow or unavailable

Q2. What makes investing different from simply owning crypto

Having a purpose and a risk strategy

Q3. Why might someone hold crypto without caring about the price

To use it for payments or emergencies

Q4. What kind of financial control does crypto offer

Freedom outside traditional systems

Q5. What’s the key difference between holding crypto and investing

Investing involves goals, strategy, and timing

Q6. Why is independence a reason some people use crypto

It can’t be frozen or blocked by banks or governments

Q7. What do many people assume when they first buy crypto

That they’re investing

Q8. Does holding crypto always mean you have an investment plan

No, it could just mean you want an alternative

Q9. What should you ask yourself when you say “I’m investing in crypto

Am I actually investing… or just holding

Q10. What’s the main message of the script

Know your reasons for holding crypto

Q11. Why is it okay to hold crypto without being an investor

Because people have different reasons — like safety or access

Q12. In what kind of situations is crypto used for protection

When local currency is losing value

How small amounts in crypto go a long way

Q1. How much money do you really need to start using crypto

Just five dollars

Q2. What does the script compare small crypto savings to

Digital spare change

Q3. What can you do when testing crypto with small amounts

Practise sending and receiving between wallets

Q4. Why is it smart to start with just a few dollars in crypto

You can learn without much risk

Q5. Why is $10 in crypto not a small deal in some countries

It can pay for food, transport, or mobile data

Q6. What barriers does crypto remove

No managers, no forms, no qualifications

Q7. How does the system treat someone sending $1 compared to $1 million

Exactly the same

Q8. What everyday items cost more than starting with crypto

A fancy coffee or takeaway meal

Q9. How does crypto differ from traditional banks

It doesn’t require forms or big deposits

Q10. What’s the best way to begin with crypto, according to the script

Use a small amount, set up a wallet, and give it a go

Q11. What makes starting small a smart way to get into crypto

You build confidence and stay in control

Q12. Who can use crypto

Anyone, from anywhere

 CEX.IO Today’s Quiz Answer 18 July

What Is a DAO? Decentralized Autonomous Organizations explained

Q1. What does Uniswap DAO manage

A decentralized exchange

Q2. What type of ownership do DAOs promote

Shared and transparent

Q3. What is ENS DAO responsible for

Managing Ethereum domain names

Q4. How are DAO proposals executed

Automatically through smart contracts

Q5. Why might someone be interested in joining a DAO

To help build and govern a decentralized project

Q6. What is a smart contract

Code that runs on a blockchain and executes rules

Q7. Who makes decisions in a DAO

Token holders who vote

Q8. Which DAO runs a stablecoin system

MakerDAO

Q9. What is the main advantage of DAOs

Global, decentralized collaboration without middlemen

Q10. What is the role of smart contracts in DAOs

They enforce rules and execute decisions without human intervention

Q11. Why can’t a DAO’s rules be secretly changed

They’re stored on the blockchain and controlled by smart contracts

Q12. What does DAO stand for

Decentralized Autonomous Organization

 CEX.IO Today’s Quiz Answer 17 July

NFTs are not dead I Real use cases beyond the hype

Q1. Why do people think NFTs are dead

The hype and million-dollar sales have disappeared

Q2. Why are NFT headlines less common now

The focus has shifted from hype to real development

Q3. Why should users still pay attention to NFTs

Because real use cases are emerging

Q4. What’s one example of a real-world NFT use case

Verifiable concert tickets

Q5. What was the early phase of NFTs mainly known for

Speculative collectibles and viral projects

Q6. What does the new phase of NFTs focus on

Real-world utility

Q7. What do headlines often say when NFT prices drop

NFTs are dead

Q8. What can NFT-based digital IDs help with

Accessing services online

Q9. What’s a key message in NFT evolution

They’re not dead, just evolving quietly

Q10. What are big brands like Nike and Starbucks doing with NFTs

Building and testing useful projects

Q11. What’s a potential use of NFTs in real estate

Proving ownership with smart contracts

Q12. How can NFTs change gaming

By enabling ownership of in-game items

 CEX.IO Today’s Quiz Answer 16 July

What is Wrapped Bitcoin (WBTC)? I Use BTC in DeFi without selling

Q1. Why is WBTC described as a “superpower” for your Bitcoin

It gives BTC access to DeFi tools

Q2. What backs each unit of WBTC

Real Bitcoin held by a custodian

Q3. What kind of crypto tool is WBTC considered

A bridge between blockchains

Q4. How is the backing of WBTC made transparent

Reserves are publicly verifiable on-chain

Q5. Why was WBTC created

To let Bitcoin be used in Ethereum-based DeFi applications

Q6. What is one benefit of using WBTC

You don’t have to sell your Bitcoin to access DeFi

Q7. What should users remember before diving into DeFi with WBTC

DeFi carries risks and needs research

Q8. What powers the functionality of WBTC in DeFi

Ethereum smart contracts

Q9. What is Wrapped Bitcoin (WBTC)

A tokenized version of Bitcoin that runs on the Ethereum blockchain

Q10. What happens when you wrap your Bitcoin

You exchange it for an equal amount of WBTC

Q11. What can you do with WBTC

Lend, borrow, and trade in DeFi

Q12.  Why can’t native Bitcoin be used directly in Ethereum DeFi

Bitcoin doesn’t support smart contracts

 CEX.IO Today’s Quiz Answer 15 July

Tokenization explained simply I From concert tickets to real estate

Q1. Who do you normally have to trust when buying traditional concert tickets

The venue, ticketing company, and third-party sellers

Q2. How can tokenized real estate change ownership

In minutes instead of weeks

Q3. What is built into tokenization technology that replaces middlemen

Verification

Q4. Besides concert tickets, what other things can be tokenized

Real estate, art, stocks, and rare collectibles

Q5. Why is tokenization important for the future of ownership

It cuts out hassle, saves money, and opens markets to more people

Q6. What role do middlemen play in traditional ownership systems

They check paperwork and manage transfers

Q7. What makes a tokenized concert ticket different from a regular QR code

It lives on the blockchain and is secure, impossible to forge

Q8. What do you normally need when buying expensive artwork traditionally

Certificates, insurance, secure storage, and galleries for selling

Q9. What makes a tokenized digital certificate special

It can’t be forged, can’t be lost, and moves instantly between owners

Q10. What does a QR code on a concert ticket represent

Your right to attend on that date, in that seat

Q11. What fees does tokenization help you avoid

Banks, title companies, and auction house cuts

Q12. What can you do with a tokenized concert ticket that’s difficult with traditional tickets

Sell it directly to someone else without paying massive resale fees

Wrapped Tokens: Why They’re a Crypto Game-Changer

Q1. What is a major risk associated with custodial bridges

They can be hacked

Q2. Which platform bridged $5 billion in 2024, as mentioned

Chainlink’s CCIP

Q3. What are wrapped tokens designed to do

Enable crypto to work on different blockchains

Q4. Which cryptocurrency is mentioned as an example of a wrapped token

Wrapped Bitcoin (WBTC)

Q5. What is one major use of wrapped tokens in DeFi

Lending on platforms like Aave

Q6. How much was lost in bridge exploits in 2024

$1.9 billion

Q7. What is the market cap of Wrapped Bitcoin in 2024

$10 billion

Q8. What locks the original token when creating a wrapped token

A bridge or custodian

Q9. What technology is mentioned to make wrapped tokens safer in the future

ZK-proofs

Q10. By 2030, what percentage of cross-chain volume could wrapped tokens repr