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Crypto taking heat for hacks & global vaccine struggles

In the wake of the high-profile hacking of JBS’ US and Australian branches, many are already pointing the finger at cryptocurrency as the means for ransom payments. Cybersecurity analyst Todd Shipley offers his take on the recent string of hacks and how JBS handled its ordeal. 

Plus, in the age of dogecoin and GameStop, so-called “meme stocks” are becoming the new normal. Boom Bust’s Christy Ai and Michele Schneider of Market Gauge offer their forecast for retail investors hopping on the trend. 

And as the United States and many other developed nations see their vaccination rates soar, developing nations are still struggling to inoculate their populations. Richard Wolff, host of the Economic Update, joins the program to speak about vaccine inequity and the rise of new billionaires during the Covid-19 pandemic.

Crypto taking heat for hacks & global vaccine struggles
The boom/bust cycle is as old as Western banking itself. Our hosts break through the mainstream headlines to find the stories that matter, and help you navigate the booms and the busts.