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12 Aug, 2021 07:06

Major crypto hack rocks sector & lockdowns to stall Chinese growth?

One of the largest cryptocurrency hacks in history has hit blockchain platform Poly Network, getting fleeced for around $600 million. Boom Bust’s Christy Ai discusses the heist and the latest unexpected twist. And a new outbreak of Covid-19 in China has led to another wave of lockdowns. Professor Richard Wolff brings us his perspective on what it means for the nation’s economic recovery. And inflation continues to pound the US as the world’s largest economy continues to grapple with the pandemic. Jeffrey Tucker of the Brownstone Institute discusses the latest numbers affecting several sectors in the US.

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