FTX Leaves a Mess Behind in Miami

FTX Leaves a Mess Behind in Miami

Assessment

Interactive Video

Business

University

Hard

Created by

Quizizz Content

FREE Resource

The transcript discusses the impact of the FTX collapse on Miami's crypto community, highlighting the efforts to move past the incident and maintain Miami as a hub for crypto and finance. The community is trying to separate itself from the negative aspects of FTX, focusing on the broader potential of blockchain technology and the NFT art scene. Mayor Suarez's comments suggest a pivot towards traditional finance to fill the void left by FTX, while the community remains resilient, emphasizing Miami's vibrant culture and potential for growth.

Read more

5 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What symbolic action did the Miami crypto community take to distance themselves from FTX?

They organized a public protest.

They stored away FTX-related items.

They changed the name of the Miami Heat stadium.

They banned all crypto events in the city.

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What did the Miami Mayor jokingly suggest as the next name for the Miami Heat stadium?

Wall Street South

Citadel

Crypto Coliseum

FTX Arena

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the Miami crypto community's strategy to maintain its presence in the city?

Focusing solely on NFTs

Separating from negative associations with FTX

Relying on government funding

Moving operations to another city

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How is the Miami crypto community trying to show its diversity beyond FTX?

By hosting only blockchain conferences

By emphasizing the NFT art scene

By investing in real estate

By partnering with traditional banks

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What challenge is the Miami crypto community facing in their efforts to grow?

Opposition from local government

Scarcity of funding

Lack of interest from the public

Competition from other cities