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Writer's pictureFahad H

BITCOIN & ETHEREUM HACKED?? – BAD NEWS FOR TESLA – Nvidia, Volvo, Lyft, Uber, MORE!


Bitcoin and Ethereum hacked once more???

Bithumb is a South Korean trade that was lately hacked. The Hackers stole the data of roughly 31 000 individuals who have used the trade. They additionally stole someplace between $10 000- $400 000 (couldn’t get a affirmation). Bithumb has supplied $87 + refunding all cash stolen to everybody that’s affected by this hack. This is simply the most recent in what looks as if a weekly hacking cryptocurrency scandal. $6 million was stolen in May, and Millions extra has been stolen since. What do you guys consider bitcoin and ethereum? 

bitcoin-exchange-bithumb-hacked-ethereum-2017-7″ goal=”_blank”>http://www.businessinsider.com/south-korean-bitcoin-exchange-bithumb-hacked-ethereum-2017-7

Tesla’s inventory had a MASSIVE drop at present for two causes. One of which was that the Automotive elements trade took a tank at present. The second cause was that Tesla missed its manufacturing estimates for the Model S and X in quarter 2. This comes a number of days after Tesla began early manufacturing on its mannequin Three automobile. 

Volvo introduced that it’ll ONLY produce electrical/hybrid automobiles by the yr 2019. This is very large information for the enterprise and atmosphere. Hopefully this might be an indication of extra automotive firms switching over to cleaner, greater mileage automobiles.

Lyft Announced it reached 1 million rides per day. This remains to be very far behind uber, who will get an estimated 3-7 million rides per day

True Religion has filed for chapter whereas consolidating roughly 75% of its debt. Just one other retail enterprise that’s going…out of enterprise

Big acquisitions. Worldpay has been purchased out by Vantiv for roughly $10 billion. Bass Pro has purchased out Cabela for roughly $5 Billion. Its humorous how these add as much as greater than the entire meals acquisition, however you most likely wont hear about it.

Winners:

Nvidia, Baidu introduced it’ll use nvidia for self-driving automobile providers and cloud primarily based computing Advanced micro units

Losers:

O’reilly Automotive inc Advanced auto elements Autozone inc tesla

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