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Industry

South Korean team wins medals for all 4 students at International Earth Science Olympiad

All 4 students on South Korea\'s team at the 19th International Earth Science Olympiad in Turin, Italy won medals, the Ministry of Science and ICT and the Korea Foundation for the Advancement of Science and Creativity said on Aug. 28. Na Hyo-chan won gold and Seo Ha-jin won silver in the individual written test, while Gong Yun-woo and Park Jae-sung took bronze. Korean students also won medals in team outdoor inquiry and Earth system project events.

Crypto

Cardano up 26 percent in August but death cross spotted on short-term chart

Cardano formed a death cross on a short-term chart in late August, with the 50-day moving average slipping below the 200-day moving average, signaling near-term selling pressure. ADA has risen 26.10 percent in August and is up 9.61 percent on the week, though weekly gains have narrowed as profit-taking spread across major cryptocurrencies. Traders are also increasing bets on possible rate hikes ahead of Jackson Hole and the Sept. 15-16 FOMC meeting. Separately, Cardano’s Leios throughput upgrade cleared an early milestone on a public testnet.

Industry

SpaceX to cut Florida Starlink launches to about 2 a month from 8 to 9

SpaceX will sharply reduce launches from Florida for the rest of this year, effectively ending Starlink missions there and continuing Starlink launches mainly from Vandenberg Space Force Base in California until Starship is deployed. Ars Technica reported the Florida cadence could fall to about two launches a month from 8 to 9. A SpaceX vice president said the latest Falcon 9 launch was the last scheduled Florida Starlink mission for now.