• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M
Bitcoin and Dogecoin at Risk: Problems with BitMEX's Space Mission

Bitcoin and Dogecoin at Risk: Problems with BitMEX's Space Mission

user avatar

by Liza Tanasova

2 years ago


A mission to deliver a 1 BTC wallet and a physical Dogecoin token to the moon, initiated by BitMEX, has encountered serious technical problems, raising concerns about its successful completion. The Vulcan Centaur launch vehicle successfully placed the Astrobotic landing module into orbit on 8 January 2024, but the Peregrine lunar lander, responsible for the soft landing, encountered a propulsion system malfunction and a fuel leak.

Astrobotic's analysis revealed problems in the deployment of the solar panels, meaning there was insufficient power to operate efficiently. These difficulties, together with other anomalies, could prevent the successful completion of the mission. Analysts warn that unless urgent action is taken, the module could lose contact with Earth soon after running out of power.

Astrobotic officials plan to optimise the mission by getting the vehicle as close to the Moon as possible while it still has resources. However, Peregrine's future remains in question, and a decision on its fate has yet to be made. Some social media users joke that, even if it fails, bitcoin and Dogecoin wallets will nevertheless find themselves "delivered" to the Moon. All of these developments emphasise the difficulties faced by companies seeking to spend cryptocurrency assets in space.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Malicious npm Packages Targeting Crypto Users Removed

chest

Seven npm packages involved in crypto scams have been removed from the npm registry after targeting major DeFi platforms.

user avatarJacob Williams

VIX Hits One-Month High Amid Market Anxiety

chest

VIX surged above 23 on November 18, 2025, indicating heightened risk aversion in financial markets, coinciding with a rise in gold prices.

user avatarZainab Kamara

Starknet Launches ProverNet, Enhancing Ecosystem

chest

Starknet has introduced ProverNet, a decentralized marketplace for zero-knowledge proof generation, enhancing its ecosystem.

user avatarTando Nkube

Starknet Verifies Stark Proof in Zcash Testnet

chest

On November 3rd, Starknet verified a Stark proof within the Zcash testnet, collaborating with Zcash cofounders Zooko and Eli BenSasson. This significant development positions Starknet as Zcash's programmable privacy layer, enhancing its privacy capabilities and aligning it with the growing privacy narratives in the market.

user avatarSon Min-ho

Arthur Hayes' Crypto Sell-Off Creates Market Uncertainty

chest

Investor sentiment in the crypto market shifted as Arthur Hayes sold 1,480 ETH valued at $47 million, creating market uncertainty.

user avatarKofi Adjeman

Render Approaches Critical Technical Turning Point

chest

Render has entered a critical technical phase, forming a descending channel pattern that has attracted strong interest from analysts.

user avatarNguyen Van Long

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.