BitMEX Sends Bitcoin to the Moon on Board of Peregrine-1
Crypto exchange BitMEX is sending Bitcoin (BTC) to the actual Moon on January 8 at 02:18 am ET from Cape Canaveral Space Force Station, Florida, USA.
BitMEX’s physical Bitcoin weighs 43g and is loaded with 1 BTC. It is amongst the 201 payloads from governments, companies, universities, and NASA’s Commercial Lunar Payload Services initiative to travel to the lunar surface, said the press release. The payloads also include a copy of the Genesis Block from Bitcoin Magazine.
The coin is engraved with a public address (1MoonBTCixFH3XTrWRCbMpK23o74nQrA1Q) and a private key. This will be the first-ever financial asset sent to the Moon.
Core Scientific to Settle $34M Claims from 70K Non-Existent Miners
The troubled publicly listed Bitcoin mining company Core Scientific has reached a settlement with two other Bitcoin mining companies, Sphere 3D and Gryphon Digital Mining, to resolve a $34 million unsecured claim resulting from 70,000 miners that never existed, according to the latest Miner Weekly report by BlocksBridge Consulting, citing Core’s filing earlier this week.
All this is happening as the company approaches the final hearing next week to exit bankruptcy.
Core Scientific is now seeking the bankruptcy court’s approval for an agreement with Sphere and Gryphon. The total unsecured claims allowed for the latter two would be $10 million.
Bitcoin ETF Approval Window Opens Today
The approval or rejection period for the spot Bitcoin (BTC) exchange-traded fund (ETF) filings starts today, with the US Securities and Exchange Commission (SEC) expected to respond by January 10, wrote in an email Matteo Greco, Research Analyst at the publicly listed digital asset and fintech investment business Fineqia International.
“Market participants maintain expectations for the approval of the 21Shares filing, potentially triggering a cascade approval for all issuers,” Greco said.
Numerous meetings between the SEC, issuers, and exchanges have fueled the narrative of an imminent approval, he opined.
John Lilic Joins the Telos Foundation as Executive Director
The Telos Foundation announced the appointment of John Lilic as the organization’s Executive Director.
According to the press release, Lilic will help spearhead Telos’ evolution into a Layer 0 network underpinned by ZK technology aimed at attracting developers and users globally.
Lilic is set to transition into the public face of the Telos Foundation. He will represent the Telos community at various conferences and events around the world, it said.
He’ll also work to establish new relationships with key partners while providing direction and support for the foundation’s technology development, grant programs, research, budgeting, and educational efforts.
Hot Take: BitMEX Sends Bitcoin to the Actual Moon on Board of Peregrine
Crypto exchange BitMEX is making history by sending Bitcoin to the Moon aboard Peregrine-1. This mission marks a significant milestone as it is the first-ever financial asset sent to the lunar surface. The physical Bitcoin weighs 43g and is loaded with 1 BTC. It will be amongst other payloads traveling to the Moon as part of NASA’s Commercial Lunar Payload Services initiative. The success of this mission showcases the potential of Bitcoin and blockchain technology in creating a borderless financial system that extends beyond Earth. BitMEX CEO Stephan Lutz sees this as the first step towards establishing a monetary system for a space economy. This groundbreaking endeavor opens up new possibilities for the future of cryptocurrency and space exploration.
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