• 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

Supply Gap Identified in Bitcoin's UTXO Realized Price Distribution

chest

A significant supply gap has been identified in Bitcoin's UTXO Realized Price Distribution between the 72,000 and 82,000 levels, indicating limited supply that may act as resistance for price movements.

user avatarTomas Novak

Canada Intensifies Crypto Enforcement After Major Fines

chest

Canada's financial authorities are intensifying enforcement actions against cryptocurrency businesses following significant penalties imposed on platforms like Cryptomus and KuCoin.

user avatarKaterina Papadopoulou

Elon Musk's Dogefather Meme Revival Ignites Dogecoin Enthusiasm

chest

Elon Musk revives his Dogefather meme, sparking renewed enthusiasm for Dogecoin among the crypto community.

user avatarMaya Lundqvist

CZ Zhao Criticizes Media Misrepresentation at Blockchain Summit 2026

chest

CZ Zhao criticized mainstream media for misleading coverage of his wealth and alleged connections to illicit finance at Blockchain Summit 2026.

user avatarLi Weicheng

Binance Files Defamation Lawsuit Against Wall Street Journal

chest

Binance has filed a defamation lawsuit against the Wall Street Journal, accusing the publication of falsely reporting on an internal investigation related to a $1 billion transfer linked to Iran-backed terror groups.

user avatarLeo van der Veen

Ethereum Price Faces Decline and Consolidation

chest

Ethereum price has started a sharp decline from the 2,385 zone and is currently consolidating above 2,100, with potential for recovery if it surpasses 2,200.

user avatarAisha Farooq

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.