Certik Skynet Quest Answers

Quiz : Web3 Security with Skynet
1 : Security Scores
2 : False

Quiz : CertiK Ventures 1 : Shiba Inu
2 : Foster the growth of security-first projects

Quiz : Operational Security 1 : True
2 : They harness community expertise to identify bugs

Quiz : Team and Insider Risks 1 : Lack of accountability and transparency
2 : False

Quiz : Code Security 1 : To identify and fix potential security vulnerabilities
2 : True

Quiz : Security Score Impacts with OKX 1 : To increase security awareness
2 : Overall security score and S

Quiz : Governance and Security in DAOs 1 : Centralization risks in smart contract
2 : True

Quiz : Market-Related Risks 1 : It increases the risk of market manipulation
2 : It indicates strong interest and potential liquidity.

Quiz : Community and Security Risks in Web3 1 : Influences market stability and trust
2 : False

Quiz : Proof of Work versus Proof of Stake 1 : Proof of Work
2 : It saves massive amounts of energy.
3 : It has a high bar of entry, making it hard for attackers to manipulate.

Quiz : Introduction to User Security 1 : Because crypto assets are often held in decentralized wallets with no central authority to help recover lost funds
2 : Two-Factor Authentication (2FA)

Quiz : Insights on Market Analytics 1 : Fully diluted market cap
2 : High price volatility, Whale movement, Irregular trading volume
3 : True

Quiz : Operational Security via Website Scan 1 : Network Security, DNS Health, Application Security
2 : True
3 : Penetration Testing

Quiz : GitHub Monitoring for Better Code Security 1 : All of the above
2 : False
3 : False — Introducing new code may also introduce bugs and vulnerabilities

Quiz : Governance Activity Monitoring 1 : It reflects the level of governance activity in comparison to other Web3 projects by aggregating various signals
2 : False
3 : Project’s financial performance

Quiz : Insights on Token Holder Analysis 1 : False
2 : Total Value Locked (TVL)
3 : High percentage on project owner holding

Quiz : Security Rating for Pre-Launch Projects 1 : Market Stability
2 : Stage 2
3 : All of the above

Quiz : RWA Security and Leaderboard 1 : Conducting regular smart contract audits
2 : False

Quiz : Intro to Airdrop Scams 1 : False — projects never ask for such information.
2 : option 1 : Requires software downloads from unverified sources… option 2 : Comes via unsolicited messages on social media …………… option 3 : Website domain does not match the official site

Quiz : Importance of Bug Bounty Programs in Web3 1 : True
2 : Use open source expertise for security
3 : All 4 option

Quiz : Introduction to Wallet Security 1 : If the custodial service experiences a security breach...
2 : Storing them in a hardware wallet or encrypted offline location

Quiz : Introduction to Wallet Security 1 : If the custodial service experiences a security breach...
2 : Storing them in a hardware wallet or encrypted offline location

Quiz : Choosing a Secure Exchange 1 : All of the above
2 : True

Quiz : Best Practices for Wallet Security 1 : All of the above
2 : The recipient’s wallet address to ensure it’s correct

Quiz : Intro to Crypto Drainers 1 : All of the above
2 : True

Quiz : Website & dApp Security 1 : False
2 : The dApp has limited documentation and transparency

Quiz : Private Key Security 1 : If someone gains access to your private key, they gain access to your crypto assets
2 : Store it offline, preferably in a hardware wallet

Quiz : Protecting Yourself from Discord Scams 1 : Posting fake offers for free mints or airdrops to exploit FOMO (Fear Of Missing Out)
2 : Reset your password as soon as possible and ensure 2FA (Two-Factor Authentication) is enabled

Quiz : Proof of Reserve 1 : False
2 : All of the above

Quiz : Recognizing Risk Signals on the Exchange 1 : They might be recommending a scam or fraudulent scheme
2 : The exchange has liquidity problems or internal issues

Quiz : Important Exchange Security Features 1 : The exchange has strong information security management systems
2 : It minimizes the risks associated with using a cryptocurrency exchange

Quiz : Private Key Security 1 : If someone gains access to your private key, they gain access to your crypto assets
2 : Store it offline, preferably in a hardware wallet

Quiz : Identifying and Avoiding Phishing Scams in X Replies 1 : option 1 :Display names on X can be misused to impersonate official accounts
option 4 : Scammers may disguise themselves using Gold Check accounts on X
2 : option 1: Same display name as the official account
option 3: A very similar username
option 4: Same account profile picture
3 : Users could always trust messages prior to the End of Thread

Quiz : Private Key Security: Seed Phrases 1 : Create a backup and store it in secure locations
2 : It can be hacked or accessed by unauthorized parties

Quiz : Evaluating Cryptocurrency News Sources 1 : True
2 : All 4 option

Quiz : Losses Related to Private Key Compromises 1 : Nearly $881 million across 47 incidents
2 : Binance

Quiz : Stay Vigilant on Browser Plugins 1 : Using plugins promoted by users on social platforms
2 : option 1 : Mimicking legitimate projects with similar functionality
option 2 : Sending unsolicited messages on social platforms
option 3 : Exploiting or taking over third-party plugins

Quiz : Identifying Malicious Activity on Websites & dApps 1 : Be cautious with emails and messages that ask for sensitive information, and always verify links and URLs before clicking
2 : The URL has subtle differences from the legitimate site, like extra characters or misspellings

Quiz : SIM Swap Attacks 1 : option 1 : Searching the dark web to find your previously leaked information.
option 3: Browsing through your public social media accounts.
2 : Use authentication apps like Okta or Authy

Quiz : Common Web3 Phishing Methods 1 : True
2 : False

Quiz : Hack3d Report Q2 H1 2024 — Part 1: Overview and Key Highlights 1 : Phishing
2 : $1.19 billion

Quiz : OKX and CertiK Fast Pass Program 1 : Providing rigorous security audits for projects
2 : By receiving regular updates and detailed security reports

Quiz : SkyKnight 1 : To offer a fast and detailed security assessment tool for memecoins
2 : Deep analysis of smart contract code and comprehensive reporting
2 : Investors and developers

Quiz : SkyInsights: Crypto Compliance 1 : To identify and analyze suspicious activities in cryptocurrency transactions
2 : FinCEN (Financial Crimes Enforcement Network)
3 : option 1 : Entity Labeling & Categorization
option 2 : Asset Movement Tracing and Logging
option 3 : Customizable Case Management & Audit Trails

Quiz : Hack3d Report Q2 H1 2024 — Part 2: Insights and Future Security 1 : The need for user education and enhanced verification processes.
2 : Meticulously verifying wallet addresses before transactions

Quiz : Insights and Future Security Enhancements 1 : The need for user education and enhanced verification processes
2 : Meticulously verifying wallet addresses before transactions

Quiz : HACK3D Part 1: Top Incident Analyses 1 : Network Congestion
2 : The stolen assets were returned to the Munchables team
3 : The CEO’s resignation

Quiz : HACK3D Part 2: Private Key Compromise 1 : $239 million
2 : Chris Larsen
3 : False

Quiz : HACK3D Part 3: Rounding Issue Exploits 1 : Newly-deployed lending pools
2 : Drainage of funds
3 : False

Quiz : Build trust and integrity in project teams with KYC 1 : It helps users trust the team behind a project
2 : The project team has undergone a thorough identity verification process
3 : By conducting rigorous identity checks on core team members

Quiz : KYC Actors are Ramping Up Their Game 1 : Fraudsters are hiring professional actors to circumvent due diligence
2 : Verify development teams and prevent fraud
3 : To open bank accounts and store illicit funds

Quiz : Unveiling the KYC Actor Industry 1 : Passing regular verifications is easy
2 : To steal funds from investors
3 : Thorough background investigation by professional investigators

Quiz : Best Tools for Tracking Top Crypto Wallets 1 : Dune Analytics
2 : False
3 : Monitoring crypto market trends

Quiz : How CertiK Does KYC 1 : True
2 : Video Call, ID Check, Review & Award
3 : False

Quiz : Basics of Hackathons 1 : False
2 : Small Teams

Quiz : Trap Phishing on Trusted Platforms 1 : Crypto wallet private keys and mnemonic phrases
2 : True

Quiz : Different Mechanisms for Honeypot Scams 1 : An all-green chart with no sells
2 : False

Quiz : Introduction to Formal Verification 1 : True
2 : Defining properties of contracts to be verified

Quiz : How Exit Scammers Mint Tokens Undetected 1 : Bypassing the total supply metric
2 : True

Quiz : Introduction of Diamond Agency Contract 1 : True
2 : To prevent unauthorized access to privileged roles

Quiz : Recognizing the Misuse of CertiK’s Brand 1 : Verify their credentials using CertiK’s Employee Verification tool
2 : True

Quiz : Top Compliance Risks in Crypto 1 : Exposure to illicit activities
2 : False
3 : By maintaining a repository of global regulations

Quiz : Hedgey Finance Event Analysis 1 : True
2 : $2 million

Quiz : Normie Incident Analysis 1 : A Smart Contract Audit
2 : Allowing any address receiving a specific number of tokens to become a premarket_user

Quiz : The Memecoin Markets of Springfield 1 : True
2 : False
3 : Chief Wiggum

Quiz : Bot-Driven Wash Trading in Exit Scams 1 : True
2 : option 1: Disperse.app
option 4 : CoinTool
3 : option 1 : Increased liquidity
option 2 : High trading volumes
option 3 : Rising market up

Quiz : Sonne Finance Incident Analysis 1 : True
2 : $20 million

Quiz : Advanced Formal Verification of ZK Proof 1 : A way to verify the correctness of a computation without revealing its details
2 : False

Quiz : How AI is Transforming KYC for Crypto Project Teams 1 : Increased precision and speed in verifying identities
2 : True

Quiz : Understanding the Impact of FIT21 on Crypto Compliance 1 : True
2 : To foster innovation and growth

Quiz : Mint Club | Building Your Bonding Curve 1 : ERC20 tokens and ERC1155 NFT
2 : It lets creators easily set royalties from 0% to 50% on their assets. ……… 3 : It simplifies the airdrop process with Public and Private options. ………. 4 : It allows creators to distribute tokens or NFTs on over 12 networks.

Quiz : PAW Chain | Ecosystem 1 : 6
2 : To ensure team transparency and reduce risk
3 : All of above

Quiz : PEPE | Meme 1 : Undergoing a CertiK audit of its token contract
2 : The top 10 holders own less than 5% of the total supply.

Quiz : Aptos | Layer 1 1 : A developer-friendly environment, focusing on scalability and security
2 : True

Quiz : zkSwap Finance | DeFi 1 : Swap to Earn
2 : 6
3 : False — The team has been KYC verified by CertiK

Quiz : Trinique | RAT 1 : TNQ
2 : True
3 : Gold

Quiz : Edu3Labs | The Future of Education 1 : option 1 : AI
: option 2 : Education
: option 4 : Blockchain
2 : Gold
3 : option 1 : Gate.io
: option 3 : MEXC

Quiz : Diamante Blockchain | Infrastructure 1 : No Medium, Major, or Critical issues
2 : The team has been comprehensively verified, demonstrating high transparency
3 : PayCircle and CreditCircle

Quiz : Core DAO | Infrastructure 1 : True
2 : Satoshi Plus consensus mechanism

Quiz : Ondo Finance | RWA 1 : True
2 : Conducts compliance checks and engages with regulatory bodies

Quiz : Arbitrum | Layer 2 1 : Offchain Labs
2 : Yes — $2,000,000

Quiz : TON | Layer 1 1 : Ensures consistency and security across the network
2 : Over 100,000 TPS

Quiz : Ripple (XRP Ledger) | Layer 1 1 : The security of its Automated Market Maker (AMM) implementation
2 : Highly active and engaged

Quiz : Wormhole | InfrastructureL 1 : True
2 : $5M

Quiz : EigenLayer | Infrastructure 1 : Shared security model leveraging staked ETH
2 : To provide a safety net in case of protocol failures or hacks

Quiz : Ethena | Stablecoin 1 : Delta hedging
2 : Internet Bond

Quiz : FriendTech | Social 1 : False
2 : Rewards of up to 1,000,000 USDC based on bug severity

Quiz : Worldcoin | Store of Value 1 : True
2 : Operators could bypass verification without proper ID.

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