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February 7 – The Federal Aviation Administration (FAA) announced the conclusion of its investigation into the anomaly surrounding SpaceXs Falcon 9 rocket. The investigation confirmed that there were no injuries or damage to public property, and the FAA has approved the Falcon 9 rockets return to service. The rocket will proceed with its scheduled launch of the latest crewed Dragon spacecraft mission.A Ukrainian security official said: "Ukrainian drones attacked a Russian factory that produces missile fuel components."February 7th - According to sources, the EU is exploring new sources of defense funding after a €150 billion ($177 billion) loan program was oversubscribed. The sources indicated that discussions are still in the early stages, as the European Commission is still disbursing funds for existing loan programs. They also stated that officials expect the fund to have billions of euros remaining due to discrepancies between national applications and final contracts. However, the sources indicated that once the funds run out this spring, the Commission will assess the process and study the feasibility of another round of financing, which may include a second loan program.February 7th - According to posts by Tesla executives online, Tesla (TSLA.O) is hiring to support founder Elon Musks recently announced plan to become the largest solar module manufacturer in the United States. These posts indicate that the company is implementing Musks new vision of building a 100-gigawatt domestic solar power project. Furthermore, sources familiar with the matter revealed that the company is evaluating multiple locations across the United States with plans to begin solar cell production. One component of this plan is expanding the capacity of its factory in Buffalo, New York. This factory could potentially reach a capacity of 10 gigawatts, equivalent to the power output of 10 nuclear power plants. In the long term, another option is to build a second factory in New York State. Arizona and Idaho are also under consideration.February 7th - According to the National Development and Reform Commission, my countrys overall social logistics costs have steadily declined for several consecutive years, reflecting a continuous improvement in economic efficiency. The latest calculations show that in 2025, the ratio of total social logistics costs to GDP in my country will further decrease to 13.9%, reaching the lowest level since statistics began. The transportation structure continues to optimize, with the shift from road to water and rail transport accelerating, leading to improved overall transportation efficiency and lower logistics costs. In 2025, the proportion of waterway freight turnover will continue to remain above 50%; the national railway multimodal transport volume will increase by more than 130% year-on-year. Bulk commodities and long-distance transportation are shifting to more economical and greener methods, significantly reducing trunk line transportation costs.

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.