BitMEX Wants to Bring Bitcoin to the Moon

According to information from Wu Blockchain, cryptocurrency derivatives exchange BitMEX will create a historic event on January 8, 2024 by sending a real Bitcoin to the Moon from the Cape Canaveral Space Station (Florida, United States). States). This flight process will be recorded live and broadcast on NASA TV.

The mission “send Bitcoin to the Moon” will be carried out by BitMEX together with Astrobotic, Bitcoin Magazine and Oxcart Assembly, to demonstrate the potential of Bitcoin and blockchain technology in shaping a financial system beyond Earth.

This event is not only a significant milestone in terms of technology but also marks the first soft landing in the Moon’s western hemisphere since the Apollo 17 mission in 1972. Furthermore, it serves as a testament to the commitment towards the “Bitcoin To The Moon” initiative, which was previously announced in the agreement between Astrobotic and BitMEX in 2021.

BitMEX will send a Bitcoin to the Moon from Cape Canaveral Space Force Station Florida on January 8 at 02:18 am ET, engraved with a public address (1MoonBTCixFH3XTrWRCbMpK23o74nQrA1Q) and a private key. The tentative arrival date on the Moon is February 23, 2024.…

— Wu Blockchain (@WuBlockchain) January 5, 2024

One particular Bitcoin model, weighing about 43 grams, contains a USB with the public wallet address “1MoonBTCixFH3XTrWRCbMpK23o74nQrA1Q” and private key, containing 1 actual BTC coin worth about 45,000 USD (as of January 8, 2024 ), will be mounted on United Launch Alliance’s (ULA) Vulcan rocket and integrated into the Peregrine-1 commercial spacecraft to perform a flight around the Earth before heading to lunar orbit.

What’s interesting is that throughout the journey, the cryptocurrency community can remotely interact with the above Bitcoin wallet address, including sending messages and sending satoshis to the Moon!

Through this event, BitMEX CEO Stephan Lutz and co-founder Samuel Reed shared:

We hope that this mission will demonstrate the importance of the monetary system in the space economy, overcoming geographical barriers with FinTech, opening new frontiers for decentralized finance and notes an important step forward in human technology.

This action will not only inspire the new generation, but also nurture the future of the cryptocurrency market and accelerate the development of Bitcoin beyond the borders of the world.

It is expected that the “Bitcoin To The Moon” event will start at 07:18 pm on January 8, 2024 (UTC), and BTC will set foot on the Moon on February 23, 2024. The entire flight process, lasting 7 weeks, will be broadcast live by NASA TV to the audience after registering to participate.

Registration website to participate in the process of “sending Bitcoin to the Moon” broadcast live by NASA TV

BitMEX, also known as Bitcoin Mercantile Exchange, is one of the derivatives exchanges with a long history, founded in 2014 by three financial, trading and technical experts: Arthur Hayes (CEO), Ben Delo (COO) and Samuel Reed (CTO).

Initially, BitMEX emerged as the top choice for cryptocurrency investors, especially in the early stages of the crypto market. However, since being caught up in a number of legal issues with the Asset Futures Trading Commission (CFTC) at the end of 2020, this exchange has lost its position. BitMEX’s management team faced legal issues and was extradited to the US for questioning.

Related: Coinbase Stands to Gain the Most from Bitcoin ETF Approval

As of August 2021, BitMEX had agreed to pay a fine of up to $100 million, subsequently continuing its operations and launching new efforts to introduce products aimed at rekindling user interest.