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On March 29th, it was learned from the Beijing Financial Regulatory Bureau that Beijing has taken the lead nationwide in launching the development and application of commercial insurance products for intelligent connected new energy vehicles. The new products largely follow the existing new energy commercial vehicle insurance system, adhering to the principle of "overall stability with partial optimization." They primarily provide risk protection for specific intelligent driving scenarios and software/hardware losses that are of concern to consumers and automakers, and can be uniformly adapted to all levels of intelligent connected new energy vehicles from L2 to L4. For example, existing car insurance products mainly define drivers based on the basic scenario of "human driving," which is not fully applicable to L3 and L4 level "human-machine co-driving" or "machine driving" scenarios. Furthermore, for L2 level assisted driving vehicles, some consumers upgrade their assisted driving systems at their own expense after purchasing a new car, but existing car insurance products do not cover this portion of the loss, requiring further optimization.According to Iranian state media, Iranian Parliament Speaker Qaribaf stated that the United States talks about negotiations in public but is secretly planning a ground offensive.On March 29, local time, a U.S. military KC-135R aerial refueling tanker encountered an emergency during a mission and was forced to return to Tel Aviv, Israel.The Israel Defense Forces have detected another ballistic missile launch by Iran. Alarms are expected to sound in southern Israel within the next few minutes.On March 29, South Korean Deputy Prime Minister and Minister of Finance and Economy Koo Yoon-cheol stated that if international oil prices rise to $120 to $130 per barrel, the government is likely to activate a Level 3 resource security crisis alert, and the vehicle license plate number restriction measures will be expanded to include the private sector.

Terra Classic Price Predictions: Where Will LUNC Go After Major Rally?

Cory Russell

Sep 02, 2022 14:33

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Terra Classic is one of the cryptocurrencies that has angered the crypto community this year (LUNC-USD). The Terra blockchain, which formerly hosted algorithmic stablecoin UST, has since abruptly imploded. Even yet, given this coin's spectacular return, investor interest in Terra Classic price forecasts is still quite strong.


As the network's development staff seemed to have abandoned the Terra community, Terra Classic fell as low as $0.00001675, or a quarter of a cent. Today, this currency increased by almost 55%, reaching $0.00028. (only three zeros rather than four). This occurs when the Terra community experiences an improvement in investor sentiment as a result of news about weekly token burning.


Unlimited coin issuances made to maintain Terra Classic's old UST stablecoin have been one of the main causes of its sharp drop. However, now that Terra Classic has left the algorithmic stablecoin game behind, developers have proposed token burn strategies to address the inflation problem.


Notably, the Y5 cryptocurrency exchange said this week that it would support the implementation of these weekly token burning. A 1.2% effective tax on all transactions will be burnt, reducing the market's supply of LUNC. This is advantageous for LUNC cryptocurrency investors.

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