Kraken Is Investigating Bitcoin Selloff, CEO Says

Kraken Is Investigating Bitcoin Selloff, CEO Says

Assessment

Interactive Video

Business

University

Hard

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The video discusses a recent 20% market crash in the crypto space, exploring its causes and the role of exchanges like Kraken. It highlights the decentralized nature of crypto markets and the challenges in pinpointing exact causes for market movements. The discussion also covers the issue of compensation for traders affected by the crash, emphasizing the importance of settlement finality in crypto trading.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the percentage drop observed across many crypto assets recently?

40%

30%

20%

10%

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which stock is mentioned as being correlated with the crypto markets?

Tesla

Google

Amazon

Apple

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is one potential reason for the market crash discussed in the video?

A new government regulation

Introduction of a new cryptocurrency

A major hack

Tax-related sell-offs

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a 'whale' in the context of cryptocurrency trading?

A new cryptocurrency

A large exchange

A major financial institution

A large individual trader

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Under what condition might an exchange consider rolling back trades?

If a customer requests it

If a new competitor enters the market

In case of a trading engine malfunction

If the market drops by more than 50%