Marketplace®

Daily business news and economic stories
Aug 3, 2016

Marketplace for Wednesday, August 3, 2016

Hackers stole $65 million from a bitcoin exchange in Hong Kong, causing a 20 percent drop in the currency’s value, why a highly secure currency is still vulnerable to hackers; Marketplace’s China Correspondent Rob Schmitz asks Chinese people in Shanghai what they think about the American presidential election this year and who they would vote for if they could; and how athletes and other non-sponsors are pushing back against strict Olympic committee rules on advertising.

A view of bitcoin medals. Bitcoin uses peer-to-peer technology to operate with no central authority or banks.
A view of bitcoin medals. Bitcoin uses peer-to-peer technology to operate with no central authority or banks.
KAREN BLEIER/AFP/Getty Images

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Hackers stole $65 million from a bitcoin exchange in Hong Kong, causing a 20 percent drop in the currency’s value, why a highly secure currency is still vulnerable to hackers; Marketplace’s China Correspondent Rob Schmitz asks Chinese people in Shanghai what they think about the American presidential election this year and who they would vote for if they could; and how athletes and other non-sponsors are pushing back against strict Olympic committee rules on advertising.

Marketplace for Wednesday, August 3, 2016