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Rocket Lab’s test launch window for its private orbital complex begins

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Rocket Lab’s test launch window for its private orbital complex begins May 21 Rocket Labs is targeting a big first in commercial spaceflight – the first launch of an orbital rocket from a privately-owned launch facility. Its Launch Complex 1 is located on New Zealand’s North Island, and it’s now finally ready to start test firing actual launches from the finished facility, in preparation for beginning commercial operations once it’s satisfied testing is complete. The window for the test launches opens on May 21, starting at 2 PM PT. That’ll kick off a 10 day attempt window, during which Rocket Lab cautions that it may abort launch several times during this period, since the purpose is to run tests, and not to necessarily launch a rocket successfully – the important part will be collecting data to help ensure that later launches actually do go off as planned, especially once Rocket Labs starts providing commercial services to launch customers. Rocket Lab  announced in Febr...
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10 Insurance Firms Test Blockchain for Insurance in China

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10 Insurance Firms Test Blockchain for Insurance in China A group of insurance companies has completed a new blockchain trial in China. In a  Sina Finance   report, the news agency revealed that the Shanghai Insurance Exchange had initiated a blockchain trial centered on insurance businesses in the country. For the project, nine insurance companies partnered with the exchange, including Cathay Life Insurance, Meiji Yasuda Life Insurance, AIA Group, China Continent Property & Casualty Insurance and Minsheng Life Insurance. Founded in 2016, the Shanghai Insurance Exchange is the country's  first  insurance asset trading platform. The test was reportedly aiming at making use of the security and traceability features of blockchain, and to solve the credibility issues facing insurance firms. In statements, Wang He, vice president of People's Insurance Company of China, noted that he believes insurance is a natural fit for blockchain giv...
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Illinois Government Sponsors Month-Long Blockchain Hackathon

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Illinois Government Sponsors Month-Long Blockchain Hackathon The state of Illinois is backing an upcoming blockchain hackathon. The IBI Hack, a month-long virtual hackathon set to begin on 1st July, is being organized by the Illinois Blockchain Initiative along with blockchain technology startup Fulcrum.  The event is open  to students and recent university graduates from around the world, with all entries due on 31st  July. IBI Hack is part of the Illinois Blockchain Month, a month-long initiative that will see a series of educational events hosted across the state focused on the tech. The events are aimed at trying to teach people what blockchains are and what they can do.  State governor Bruce Rauner said in a statement: "Illinois is the state of innovation, and I am proud to see our young men and women getting involved in the Illinois Blockchain Initiative Hack. Empowering our youth is empowering the future of Illinois." The  Il...
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Litecoin Sees Spike in Support for Scaling Solution SegWit

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Litecoin Sees Spike in Support for Scaling Solution SegWit Garrett Keirns  ( @garrettkeirns) NEWS A scaling solution originally developed for the bitcoin blockchain may soon get its first trial run on litecoin. The percentage of the litecoin network signaling to enact the Segregated Witness (SegWit) upgrade reached record highs today according to  Litecoinblockhalf.com , climbing to 58.33% of nodes and miners operating the software. The figures mark a notable jump from last week when only around 25% of devices keeping track of the network's history were signaling for activation. Much of the increase comes from large mining pool F2Pool's decision to signal. According to  Litecoinpool.org , F2Pool currently produces over one-third of the hashing power behind the litecoin network. While the figure marks an impressive uptick, SegWit still requires 75% of the network agree to adopt the proposal, a figure that is 20% belo...
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Billionaire Mike Novogratz is an Early Ethereum and Bitcoin Adopter

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Billionaire Mike Novogratz is an Early Ethereum and Bitcoin Adopter It is evident cryptocurrencies are catching on as of right now. It is not surprising wealthy individuals take a keen interest in cryptocurrency. Mike Novogratz, a well-known billionaire, has certainly done so in the past. In fact, ten percent of his total net worth comes in the form of bitcoin and Ether. That is quite a substantial amount, although no one knows for sure how wealth Novogratz is, to begin with. It is good to see people openly talk about their cryptocurrency holdings, though. Novogratz Is Keen On Cryptocurrency At a recent Harvard Business School Club forum, Novogratz  stated  how 10% of his net worth is about bitcoin and Ether. That is quite a considerable amount, as he is a billionaire since 2008. He also stated how cryptocurrency is the best investment of his life to date. This sends a clear message to anyone looking to make future worthwhile investments. Traditional finance is ...
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