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In 2023, which cryptocurrency exchange filed for bankruptcy, marking a significa
Practice Questions
Q1
In 2023, which cryptocurrency exchange filed for bankruptcy, marking a significant event in the crypto market?
Binance
Coinbase
FTX
Kraken
Questions & Step-by-Step Solutions
In 2023, which cryptocurrency exchange filed for bankruptcy, marking a significant event in the crypto market?
Steps
Concepts
Step 1: Understand what a cryptocurrency exchange is. It is a platform where people can buy, sell, or trade cryptocurrencies.
Step 2: Know that FTX was a popular cryptocurrency exchange.
Step 3: Learn that FTX filed for bankruptcy in November 2022.
Step 4: Recognize that this event was significant because it affected many people and the overall cryptocurrency market.
No concepts available.
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