An asteroid is headed towards the Earth - but it’s probably not time to panic just yet.In recent days, there has been increasing alarm about 2024 YR4, an asteroid that is on course to fly towards Earth in 2032.

Scientists say the threat of a newly discovered asteroid has risen slightly in the past few weeks, as the world's telescopes rush to track its course

The odds that asteroid 2024 YR4 could hit Earth in 2032 recently spiked from a little more than 1% to 2.3% as more observations are made.