Author: Editor - Technology News

SpaceX Merlin rocket engine explodes during testing at Texas facility

 SpaceX suffered an explosion of one of its Falcon 9 rocket engines during qualification testing at its facility in McGregor, Texas, per The Verge. The failure resulting in the explosion occurred on Sunday, and the company is now underway with investigations designed to determine what went wrong that resulted in the incident. The Merlin engine explosion did not result in any injuries to… Read More Read More At Article Source | Article...

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SegWit2x backers cancel plans for bitcoin hard fork

 Advocates for a bitcoin hard fork have now decided to cancel plans for the so-called SegWit2x fork. The bitcoin blockchain was supposed to split into two blockchains in roughly 8 days. But it looks like SegWit2x backers couldn’t convince enough people in the bitcoin community to make the SegWit2x blockchain the new mainstream bitcoin blockchain. The SegWit2x fork should have increased… Read More Read More At Article Source | Article...

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Founder Gym aims to help underrepresented startup founders build tech startups

 Founder Gym, co-founded by Mandela Schumacher-Hodge and Gabriela Zamudio, is unveiling its online platform to support and train underrepresented founders building tech startups. Instead of describing it as a school, bootcamp or incubator, Founder Gym describes itself as a topical, four-week training program that covers topics like fundraising, pitching, user growth and problem validation. Read More Read More At Article Source | Article...

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BitTorrent inventor announces eco-friendly bitcoin competitor Chia

 A bitcoin transaction wastes as much electricity as it takes to power an American home for a week, and legendary coder Bram Cohen wants to fix that. Cohen has started a new company called Chia Network that will launch a cryptocurrency based on proofs of time and storage rather than bitcoin’s electricity-burning proofs of work. Read More Read More At Article Source | Article...

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DST Global letter to LPs denies impropriety in Facebook, Twitter investments

 DST Global, the investment firm led by Yuri Milner, has sent a letter to its limited partners blasting media outlets for “insinuations” that it used its holdings in Twitter and Facebook as anything other than financial investments, after it was revealed that the Russian government was indirectly an investor in DST Global. The letter, provided to TechCrunch by a source, comes in… Read More Read More At Article Source | Article...

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