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Steve Wozniak’s Blockchain Venture Lists Cryptocurrency Token, Reaches $950M In 13 Minutes

Steve Wozniak’s blockchain venture Efforce has listed its cryptocurrency token on the HBTC exchange.

What Happened: Efforce listed the token under the symbol WOZX on Dec. 3. It reached “$950M in the first 13 minutes, 10 times the listing price,” according to a company press release.

The company says investors have given it a valuation of $80 million valuation in private sales.

India Plots Smartphone Dominance Amid U.S.-China Trade War | WSJ

India is positioning itself as a smartphone-production hub amid a U.S.-China trade war that has disrupted global supply chains and left tech firms such as Apple and Samsung looking for alternatives to China to manufacture their products. Photo: Olivier Le Hellard for The Wall Street Journal.

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China Tests Sodramjet Jet Engine With Mach 16 Speeds to Reach ‘Anywhere on Earth in 2 Hours’

China has made tall claims after testing an advanced aircraft engine prototype. The claim is that the ‘sodramjet’ (short form for ‘standing oblique detonation ramjet)’ jet engine could power an aircraft to such speeds that it can reach anywhere on Earth in two hours.

The engine prototype, tested in hypersonic wind tunnel simulating flight conditions, came off clocking test speeds nine times the speed of sound, the Chinese engineers said, according to the South China Morning Post. The test was conducted in Beijing the report adds.

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