Cryptocurrencies Fall as South Korean Exchange Says $32 Million Stolen

Cryptocurrencies Fall as South Korean Exchange Says $32 Million Stolen

Assessment

Interactive Video

Business

University

Hard

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The video discusses recent concerns about cryptocurrency vulnerabilities, highlighted by a $32 million hack on South Korea's Bitthumb exchange. The exchange has halted deposits and moved assets to a cold wallet, causing a drop in Bitcoin and other cryptocurrencies. Additionally, the video covers General Electric's removal from the Dow Jones Industrial Average, marking a historic moment as the last original member exits. GE's struggles with debt and declining demand have led to its replacement by Walgreens Boots Alliance, shifting the Dow's focus towards consumer and healthcare stocks.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

How has GE's performance been characterized in recent years?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What company is set to replace GE in the Dow index?

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