On This Day in Tech History

On September 2, 2016, SpaceX was scheduled to launch its Falcon 9 rocket carrying the AMOS-6 communications satellite. However, just moments after liftoff, the rocket exploded in midair, causing debris to rain down onto the launch pad. The explosion was a devastating setback for SpaceX, which had been making impressive strides in the commercial space industry. It also caused significant financial losses for Spacecom, the Israeli company that owned the AMOS-6 satellite. Despite the setback, SpaceX would go on to successfully launch numerous other rockets and spacecraft in the following years.

On September 2, 2018, the South Korean government announced plans to loosen its regulations on cryptocurrency trading, which had previously been quite strict due to concerns about money laundering and other illegal activities. The government's new policies would allow more institutional investors, such as banks and insurance companies, to participate in the cryptocurrency market, which was seen as a major step towards legitimizing the industry. The news was welcomed by many cryptocurrency enthusiasts and investors, who hoped that it would lead to increased adoption of digital currencies and greater stability in the market.