South Korean cryptocurrency exchange Bithumb hacked

Hackers stole $31.5 million from Bithumb, the 6th busiest cryptocurrency exchange in the world. According to a notice put up by Bithumb on its website on Wednesday, it has stopped all of its trading activities after it ascertained that “some cryptocurrencies worth about [$31.5 million] 35 billion won has been seized between late yesterday and…

UK Households Could Lose £1k Each Yearly From Brexit Barriers: Report

According to a latest report, Brexit trade barriers would reduce UK household income by up to £1,000 a year, reported the BBC. The cost to the UK economy could total £27bn because of the most negative scenario of high Import Tariffs And High Regulatory Barriers, Says Global Consultancy Firm Oliver Wyman. Supply chain disruption could…

Volvo Invests In 6 Year Old Startup Whose CEO Is 23 Years Old

A firm named Luminar, which is a little more than 7 years old and whose founder was barely legal to get a driver’s license while when founding the startup, finds itself at the centre of the growing self-driving car industry. Luminar offers acritical sensors for self-driving cars and the latest automaker to team up with…