This Week's Web3 News Recap! 【NADA Quiz Every Saturday_Vol.5】
Hello everyone, thank you for your hard work this week! The transition to the Financial Instruments and Exchange Act (FIEA) for cryptocurrency regulations and the progress of the ruling party's "AI On-Chain Finance" initiative indicate that Web3 is entering a new stage of integration into our daily lives.
This week, while the U.S. CLARITY bill was abandoned before the summer recess, nine companies, including Strategy, BlackRock, and Coinbase, jointly contributed $15 million to enhance Bitcoin's quantum resistance. The industry's long-term safety initiatives are gaining momentum. Domestically, the Takai administration's "Basic Policy" explicitly mentions the promotion of "On-Chain Finance," clarifying its position as a national strategy.
To learn together with our readers in this rapidly changing industry, NADA NEWS will launch a weekly quiz format every Saturday to recap the important news of the week! Please enjoy it casually as a review of this week and a way to catch up in the future.
What is the answer to the NADA quiz? "NANDA (What is it)!?
The answer will be announced every Tuesday on the X Space "Weekly NADA NEWS," so please come and listen along with the explanations. Let's enjoy learning about the world of Web3 together!
① Basic Questions Section
First, we will present questions based on essential knowledge that you absolutely need to know about cryptocurrencies and blockchain.
Q1. What is the attack called when a malicious group controls more than half of the network's computational power (hash rate) and alters transaction data?
A) Sybil Attack
B) 51% Attack
C) Double Spend Attack
Q2. This week, it was reported that there is a joint examination of a payment infrastructure utilizing USDC with South Korea's Kakao. Which company issues the stablecoin "USDC" that is pegged to the U.S. dollar?
A) Tether
B) Circle
C) Coinbase
② Current Affairs News Section
Next, we will reflect on the tumultuous events from this week's news (July 19 to 25).
Q3. This week, it was reported that the U.S. cryptocurrency regulation bill "CLARITY Bill" is unlikely to pass the Senate before the summer recess. When is the next voting period being reported?
▶ Related Article: U.S. Clarity Bill, Senate passage before summer recess is unlikely = CoinDesk
A) August 2026
B) September 2026
C) January 2027
Q4. The Takai administration's first "Basic Policy" has become a topic in the industry due to the explicit mention of "promotion of On-Chain Finance." What is its official name?
▶ Related Article: Takai administration's "Basic Policy" explicitly mentions "promotion of On-Chain Finance" - Clarifying its position as a national strategy
A) Basic Plan for Economic Revitalization and Fiscal Consolidation
B) Basic Policy for Economic and Fiscal Management and Reform
C) Basic Plan for National Growth Strategy and Fiscal Reconstruction
Q5. The cryptocurrency derivatives exchange "BitMEX" announced its closure on September 23. Which of the following is correct regarding the historical features of this exchange?
▶ Related Article: BitMEX to close on September 23 - Founded by Arthur Hayes in 2014
A) Launched as the world's first Bitcoin futures exchange at its founding in 2014
B) In 2016, it was the first in the world to offer Bitcoin perpetual swaps
C) In 2018, it obtained the first cryptocurrency derivatives trading license from U.S. authorities
The answers and explanations for the quiz will be on the X Space "Weekly NADA NEWS" every Tuesday!
The next broadcast will be on July 28 (Tuesday) from 12:30 to 13:00.
We will review the quiz answers and explanations, as well as the important news of the week. For those who cannot listen during lunchtime or have missed previous broadcasts, please check the podcast archive.
Disclaimer: This content is provided for general branding and informational purposes only and doesn't constitute financial, investment, legal, or tax advice. Any events, rewards, online events, or related information mentioned herein should not be considered a recommendation, solicitation, or invitation to purchase, sell, trade, or otherwise deal in any crypto assets or to use any services. Crypto assets are highly volatile and may result in loss. WEEX services and online events may not be available in all regions and are subject to applicable laws, regulations, and eligibility requirements. You are responsible for ensuring that your use of WEEX services complies with local laws and for carefully assessing the risks before participating in any crypto-related activities.
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