After a scandal in May 2023 when a member of the local Democratic Party\u00a0came under fire<\/a>\u00a0for undeclared holdings of at least $4.5 million in Wemix (WEMIX) tokens, the South Korean government\u00a0<\/a>voted unanimously to oblige civil servants\u2019 mandatory disclosure<\/a>\u00a0of crypto assets.<\/p>\n\n\n\n Starting in 2024, approximately 6,000 government officials will be required to disclose their cryptocurrency holdings. This will be facilitated through the Public Official Ethics System. Additionally, five major South Korean crypto exchanges \u2013 Upbit, Bithumb, Coinone, Korbit, and Gopax \u2013 are set to introduce new systems to ease the process of registering information about crypto holdings.<\/p>\n","post_title":"South Korean Politicians\u2019 Crypto Trades Totalling $100M Uncovered","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"south-korean-politicians-crypto-trades-totalling-100m-uncovered","to_ping":"","pinged":"","post_modified":"2024-01-04 01:47:34","post_modified_gmt":"2024-01-03 14:47:34","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=14824","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
See Related:<\/em><\/strong> South Korea Mandates Exchanges To Pay Crypto Interest On Customer Deposits<\/a><\/p>\n\n\n\n After a scandal in May 2023 when a member of the local Democratic Party\u00a0came under fire<\/a>\u00a0for undeclared holdings of at least $4.5 million in Wemix (WEMIX) tokens, the South Korean government\u00a0<\/a>voted unanimously to oblige civil servants\u2019 mandatory disclosure<\/a>\u00a0of crypto assets.<\/p>\n\n\n\n Starting in 2024, approximately 6,000 government officials will be required to disclose their cryptocurrency holdings. This will be facilitated through the Public Official Ethics System. Additionally, five major South Korean crypto exchanges \u2013 Upbit, Bithumb, Coinone, Korbit, and Gopax \u2013 are set to introduce new systems to ease the process of registering information about crypto holdings.<\/p>\n","post_title":"South Korean Politicians\u2019 Crypto Trades Totalling $100M Uncovered","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"south-korean-politicians-crypto-trades-totalling-100m-uncovered","to_ping":"","pinged":"","post_modified":"2024-01-04 01:47:34","post_modified_gmt":"2024-01-03 14:47:34","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=14824","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
The report highlighted Bitcoin as the preferred choice among South Korean legislators, with their portfolios featuring a diverse array of over 100 different cryptocurrencies, including the likes of Bitcoin. This preference aligns with global trends where Bitcoin remains a primary choice for many investors.<\/p>\n\n\n\n See Related:<\/em><\/strong> South Korea Mandates Exchanges To Pay Crypto Interest On Customer Deposits<\/a><\/p>\n\n\n\n After a scandal in May 2023 when a member of the local Democratic Party\u00a0came under fire<\/a>\u00a0for undeclared holdings of at least $4.5 million in Wemix (WEMIX) tokens, the South Korean government\u00a0<\/a>voted unanimously to oblige civil servants\u2019 mandatory disclosure<\/a>\u00a0of crypto assets.<\/p>\n\n\n\n Starting in 2024, approximately 6,000 government officials will be required to disclose their cryptocurrency holdings. This will be facilitated through the Public Official Ethics System. Additionally, five major South Korean crypto exchanges \u2013 Upbit, Bithumb, Coinone, Korbit, and Gopax \u2013 are set to introduce new systems to ease the process of registering information about crypto holdings.<\/p>\n","post_title":"South Korean Politicians\u2019 Crypto Trades Totalling $100M Uncovered","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"south-korean-politicians-crypto-trades-totalling-100m-uncovered","to_ping":"","pinged":"","post_modified":"2024-01-04 01:47:34","post_modified_gmt":"2024-01-03 14:47:34","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=14824","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
The comprehensive probe discovered that 18 of the 298 legislators had been active in the crypto market. Interestingly, the lion\u2019s share of the trading volume, nearly $97.6 million (125.6 billion Korean won), was dominated by just 11 lawmakers.<\/p>\n\n\n\n The report highlighted Bitcoin as the preferred choice among South Korean legislators, with their portfolios featuring a diverse array of over 100 different cryptocurrencies, including the likes of Bitcoin. This preference aligns with global trends where Bitcoin remains a primary choice for many investors.<\/p>\n\n\n\n See Related:<\/em><\/strong> South Korea Mandates Exchanges To Pay Crypto Interest On Customer Deposits<\/a><\/p>\n\n\n\n After a scandal in May 2023 when a member of the local Democratic Party\u00a0came under fire<\/a>\u00a0for undeclared holdings of at least $4.5 million in Wemix (WEMIX) tokens, the South Korean government\u00a0<\/a>voted unanimously to oblige civil servants\u2019 mandatory disclosure<\/a>\u00a0of crypto assets.<\/p>\n\n\n\n Starting in 2024, approximately 6,000 government officials will be required to disclose their cryptocurrency holdings. This will be facilitated through the Public Official Ethics System. Additionally, five major South Korean crypto exchanges \u2013 Upbit, Bithumb, Coinone, Korbit, and Gopax \u2013 are set to introduce new systems to ease the process of registering information about crypto holdings.<\/p>\n","post_title":"South Korean Politicians\u2019 Crypto Trades Totalling $100M Uncovered","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"south-korean-politicians-crypto-trades-totalling-100m-uncovered","to_ping":"","pinged":"","post_modified":"2024-01-04 01:47:34","post_modified_gmt":"2024-01-03 14:47:34","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=14824","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
South Korea's Anti-Corruption and Civil Rights Commission unveiled that members of the country's National Assembly engaged in cryptocurrency. According to a recent investigation<\/a>, the total transactions traded nearly $100 million over three years. This revelation follows an extensive three-month scrutiny of digital asset trades made by the 298 current members of the parliament between May 2020 and May 2023.<\/p>\n\n\n\n The comprehensive probe discovered that 18 of the 298 legislators had been active in the crypto market. Interestingly, the lion\u2019s share of the trading volume, nearly $97.6 million (125.6 billion Korean won), was dominated by just 11 lawmakers.<\/p>\n\n\n\n The report highlighted Bitcoin as the preferred choice among South Korean legislators, with their portfolios featuring a diverse array of over 100 different cryptocurrencies, including the likes of Bitcoin. This preference aligns with global trends where Bitcoin remains a primary choice for many investors.<\/p>\n\n\n\n See Related:<\/em><\/strong> South Korea Mandates Exchanges To Pay Crypto Interest On Customer Deposits<\/a><\/p>\n\n\n\n After a scandal in May 2023 when a member of the local Democratic Party\u00a0came under fire<\/a>\u00a0for undeclared holdings of at least $4.5 million in Wemix (WEMIX) tokens, the South Korean government\u00a0<\/a>voted unanimously to oblige civil servants\u2019 mandatory disclosure<\/a>\u00a0of crypto assets.<\/p>\n\n\n\n Starting in 2024, approximately 6,000 government officials will be required to disclose their cryptocurrency holdings. This will be facilitated through the Public Official Ethics System. Additionally, five major South Korean crypto exchanges \u2013 Upbit, Bithumb, Coinone, Korbit, and Gopax \u2013 are set to introduce new systems to ease the process of registering information about crypto holdings.<\/p>\n","post_title":"South Korean Politicians\u2019 Crypto Trades Totalling $100M Uncovered","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"south-korean-politicians-crypto-trades-totalling-100m-uncovered","to_ping":"","pinged":"","post_modified":"2024-01-04 01:47:34","post_modified_gmt":"2024-01-03 14:47:34","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=14824","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
BitMEX envisions a future where this lunar Bitcoin serves as an interactive beacon for the crypto community. By leaving Bitcoin on the Moon with Peregrine, BitMEX invites people, both on Earth and potentially in space, to engage with it, sending personal messages and satoshis, thereby extending the reach of cryptocurrency beyond our planet.<\/p>\n","post_title":"BitMEX Launches First Bitcoin To The Moon","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitmex-launches-first-bitcoin-to-the-moon","to_ping":"","pinged":"","post_modified":"2024-01-06 18:48:55","post_modified_gmt":"2024-01-06 07:48:55","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=14896","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":14824,"post_author":"15","post_date":"2024-01-04 01:41:48","post_date_gmt":"2024-01-03 14:41:48","post_content":"\n South Korea's Anti-Corruption and Civil Rights Commission unveiled that members of the country's National Assembly engaged in cryptocurrency. According to a recent investigation<\/a>, the total transactions traded nearly $100 million over three years. This revelation follows an extensive three-month scrutiny of digital asset trades made by the 298 current members of the parliament between May 2020 and May 2023.<\/p>\n\n\n\n The comprehensive probe discovered that 18 of the 298 legislators had been active in the crypto market. Interestingly, the lion\u2019s share of the trading volume, nearly $97.6 million (125.6 billion Korean won), was dominated by just 11 lawmakers.<\/p>\n\n\n\n The report highlighted Bitcoin as the preferred choice among South Korean legislators, with their portfolios featuring a diverse array of over 100 different cryptocurrencies, including the likes of Bitcoin. This preference aligns with global trends where Bitcoin remains a primary choice for many investors.<\/p>\n\n\n\n See Related:<\/em><\/strong> South Korea Mandates Exchanges To Pay Crypto Interest On Customer Deposits<\/a><\/p>\n\n\n\n After a scandal in May 2023 when a member of the local Democratic Party\u00a0came under fire<\/a>\u00a0for undeclared holdings of at least $4.5 million in Wemix (WEMIX) tokens, the South Korean government\u00a0<\/a>voted unanimously to oblige civil servants\u2019 mandatory disclosure<\/a>\u00a0of crypto assets.<\/p>\n\n\n\n Starting in 2024, approximately 6,000 government officials will be required to disclose their cryptocurrency holdings. This will be facilitated through the Public Official Ethics System. Additionally, five major South Korean crypto exchanges \u2013 Upbit, Bithumb, Coinone, Korbit, and Gopax \u2013 are set to introduce new systems to ease the process of registering information about crypto holdings.<\/p>\n","post_title":"South Korean Politicians\u2019 Crypto Trades Totalling $100M Uncovered","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"south-korean-politicians-crypto-trades-totalling-100m-uncovered","to_ping":"","pinged":"","post_modified":"2024-01-04 01:47:34","post_modified_gmt":"2024-01-03 14:47:34","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=14824","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
This historic Bitcoin<\/a> is one of 201 diverse payloads, including contributions from governments, educational institutions, and NASA\u2019s Commercial Lunar Payload Services initiative. Uniquely marked with both a public address and a private key, this Bitcoin represents the first financial asset on the Moon.<\/p>\n\n\n\n BitMEX envisions a future where this lunar Bitcoin serves as an interactive beacon for the crypto community. By leaving Bitcoin on the Moon with Peregrine, BitMEX invites people, both on Earth and potentially in space, to engage with it, sending personal messages and satoshis, thereby extending the reach of cryptocurrency beyond our planet.<\/p>\n","post_title":"BitMEX Launches First Bitcoin To The Moon","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitmex-launches-first-bitcoin-to-the-moon","to_ping":"","pinged":"","post_modified":"2024-01-06 18:48:55","post_modified_gmt":"2024-01-06 07:48:55","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=14896","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":14824,"post_author":"15","post_date":"2024-01-04 01:41:48","post_date_gmt":"2024-01-03 14:41:48","post_content":"\n South Korea's Anti-Corruption and Civil Rights Commission unveiled that members of the country's National Assembly engaged in cryptocurrency. According to a recent investigation<\/a>, the total transactions traded nearly $100 million over three years. This revelation follows an extensive three-month scrutiny of digital asset trades made by the 298 current members of the parliament between May 2020 and May 2023.<\/p>\n\n\n\n The comprehensive probe discovered that 18 of the 298 legislators had been active in the crypto market. Interestingly, the lion\u2019s share of the trading volume, nearly $97.6 million (125.6 billion Korean won), was dominated by just 11 lawmakers.<\/p>\n\n\n\n The report highlighted Bitcoin as the preferred choice among South Korean legislators, with their portfolios featuring a diverse array of over 100 different cryptocurrencies, including the likes of Bitcoin. This preference aligns with global trends where Bitcoin remains a primary choice for many investors.<\/p>\n\n\n\n See Related:<\/em><\/strong> South Korea Mandates Exchanges To Pay Crypto Interest On Customer Deposits<\/a><\/p>\n\n\n\n After a scandal in May 2023 when a member of the local Democratic Party\u00a0came under fire<\/a>\u00a0for undeclared holdings of at least $4.5 million in Wemix (WEMIX) tokens, the South Korean government\u00a0<\/a>voted unanimously to oblige civil servants\u2019 mandatory disclosure<\/a>\u00a0of crypto assets.<\/p>\n\n\n\n Starting in 2024, approximately 6,000 government officials will be required to disclose their cryptocurrency holdings. This will be facilitated through the Public Official Ethics System. Additionally, five major South Korean crypto exchanges \u2013 Upbit, Bithumb, Coinone, Korbit, and Gopax \u2013 are set to introduce new systems to ease the process of registering information about crypto holdings.<\/p>\n","post_title":"South Korean Politicians\u2019 Crypto Trades Totalling $100M Uncovered","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"south-korean-politicians-crypto-trades-totalling-100m-uncovered","to_ping":"","pinged":"","post_modified":"2024-01-04 01:47:34","post_modified_gmt":"2024-01-03 14:47:34","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=14824","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
This historic Bitcoin<\/a> is one of 201 diverse payloads, including contributions from governments, educational institutions, and NASA\u2019s Commercial Lunar Payload Services initiative. Uniquely marked with both a public address and a private key, this Bitcoin represents the first financial asset on the Moon.<\/p>\n\n\n\n BitMEX envisions a future where this lunar Bitcoin serves as an interactive beacon for the crypto community. By leaving Bitcoin on the Moon with Peregrine, BitMEX invites people, both on Earth and potentially in space, to engage with it, sending personal messages and satoshis, thereby extending the reach of cryptocurrency beyond our planet.<\/p>\n","post_title":"BitMEX Launches First Bitcoin To The Moon","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitmex-launches-first-bitcoin-to-the-moon","to_ping":"","pinged":"","post_modified":"2024-01-06 18:48:55","post_modified_gmt":"2024-01-06 07:48:55","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=14896","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":14824,"post_author":"15","post_date":"2024-01-04 01:41:48","post_date_gmt":"2024-01-03 14:41:48","post_content":"\n South Korea's Anti-Corruption and Civil Rights Commission unveiled that members of the country's National Assembly engaged in cryptocurrency. According to a recent investigation<\/a>, the total transactions traded nearly $100 million over three years. This revelation follows an extensive three-month scrutiny of digital asset trades made by the 298 current members of the parliament between May 2020 and May 2023.<\/p>\n\n\n\n The comprehensive probe discovered that 18 of the 298 legislators had been active in the crypto market. Interestingly, the lion\u2019s share of the trading volume, nearly $97.6 million (125.6 billion Korean won), was dominated by just 11 lawmakers.<\/p>\n\n\n\n The report highlighted Bitcoin as the preferred choice among South Korean legislators, with their portfolios featuring a diverse array of over 100 different cryptocurrencies, including the likes of Bitcoin. This preference aligns with global trends where Bitcoin remains a primary choice for many investors.<\/p>\n\n\n\n See Related:<\/em><\/strong> South Korea Mandates Exchanges To Pay Crypto Interest On Customer Deposits<\/a><\/p>\n\n\n\n After a scandal in May 2023 when a member of the local Democratic Party\u00a0came under fire<\/a>\u00a0for undeclared holdings of at least $4.5 million in Wemix (WEMIX) tokens, the South Korean government\u00a0<\/a>voted unanimously to oblige civil servants\u2019 mandatory disclosure<\/a>\u00a0of crypto assets.<\/p>\n\n\n\n Starting in 2024, approximately 6,000 government officials will be required to disclose their cryptocurrency holdings. This will be facilitated through the Public Official Ethics System. Additionally, five major South Korean crypto exchanges \u2013 Upbit, Bithumb, Coinone, Korbit, and Gopax \u2013 are set to introduce new systems to ease the process of registering information about crypto holdings.<\/p>\n","post_title":"South Korean Politicians\u2019 Crypto Trades Totalling $100M Uncovered","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"south-korean-politicians-crypto-trades-totalling-100m-uncovered","to_ping":"","pinged":"","post_modified":"2024-01-04 01:47:34","post_modified_gmt":"2024-01-03 14:47:34","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=14824","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
See Related:<\/em><\/strong> Crypto Will Come Back Stronger Than Ever, But FTX Won't Be The Last To Fail - BitMEX's Arthur Hayes<\/a><\/p>\n\n\n\n This historic Bitcoin<\/a> is one of 201 diverse payloads, including contributions from governments, educational institutions, and NASA\u2019s Commercial Lunar Payload Services initiative. Uniquely marked with both a public address and a private key, this Bitcoin represents the first financial asset on the Moon.<\/p>\n\n\n\n BitMEX envisions a future where this lunar Bitcoin serves as an interactive beacon for the crypto community. By leaving Bitcoin on the Moon with Peregrine, BitMEX invites people, both on Earth and potentially in space, to engage with it, sending personal messages and satoshis, thereby extending the reach of cryptocurrency beyond our planet.<\/p>\n","post_title":"BitMEX Launches First Bitcoin To The Moon","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitmex-launches-first-bitcoin-to-the-moon","to_ping":"","pinged":"","post_modified":"2024-01-06 18:48:55","post_modified_gmt":"2024-01-06 07:48:55","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=14896","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":14824,"post_author":"15","post_date":"2024-01-04 01:41:48","post_date_gmt":"2024-01-03 14:41:48","post_content":"\n South Korea's Anti-Corruption and Civil Rights Commission unveiled that members of the country's National Assembly engaged in cryptocurrency. According to a recent investigation<\/a>, the total transactions traded nearly $100 million over three years. This revelation follows an extensive three-month scrutiny of digital asset trades made by the 298 current members of the parliament between May 2020 and May 2023.<\/p>\n\n\n\n The comprehensive probe discovered that 18 of the 298 legislators had been active in the crypto market. Interestingly, the lion\u2019s share of the trading volume, nearly $97.6 million (125.6 billion Korean won), was dominated by just 11 lawmakers.<\/p>\n\n\n\n The report highlighted Bitcoin as the preferred choice among South Korean legislators, with their portfolios featuring a diverse array of over 100 different cryptocurrencies, including the likes of Bitcoin. This preference aligns with global trends where Bitcoin remains a primary choice for many investors.<\/p>\n\n\n\n See Related:<\/em><\/strong> South Korea Mandates Exchanges To Pay Crypto Interest On Customer Deposits<\/a><\/p>\n\n\n\n After a scandal in May 2023 when a member of the local Democratic Party\u00a0came under fire<\/a>\u00a0for undeclared holdings of at least $4.5 million in Wemix (WEMIX) tokens, the South Korean government\u00a0<\/a>voted unanimously to oblige civil servants\u2019 mandatory disclosure<\/a>\u00a0of crypto assets.<\/p>\n\n\n\n Starting in 2024, approximately 6,000 government officials will be required to disclose their cryptocurrency holdings. This will be facilitated through the Public Official Ethics System. Additionally, five major South Korean crypto exchanges \u2013 Upbit, Bithumb, Coinone, Korbit, and Gopax \u2013 are set to introduce new systems to ease the process of registering information about crypto holdings.<\/p>\n","post_title":"South Korean Politicians\u2019 Crypto Trades Totalling $100M Uncovered","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"south-korean-politicians-crypto-trades-totalling-100m-uncovered","to_ping":"","pinged":"","post_modified":"2024-01-04 01:47:34","post_modified_gmt":"2024-01-03 14:47:34","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=14824","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
This mission is not just a technological marvel but also a symbolic gesture. Stephan Lutz, CEO of BitMEX, views this as a foundational step towards a space-based monetary system, envisioning the Bitcoin on the Moon as a time capsule that encapsulates human innovation. Samuel Reed, the BitMEX co-founder, also emphasizes the mission's inspirational potential, aiming to merge cryptocurrency and space exploration, thereby encouraging future technological breakthroughs.<\/p>\n\n\n\n See Related:<\/em><\/strong> Crypto Will Come Back Stronger Than Ever, But FTX Won't Be The Last To Fail - BitMEX's Arthur Hayes<\/a><\/p>\n\n\n\n This historic Bitcoin<\/a> is one of 201 diverse payloads, including contributions from governments, educational institutions, and NASA\u2019s Commercial Lunar Payload Services initiative. Uniquely marked with both a public address and a private key, this Bitcoin represents the first financial asset on the Moon.<\/p>\n\n\n\n BitMEX envisions a future where this lunar Bitcoin serves as an interactive beacon for the crypto community. By leaving Bitcoin on the Moon with Peregrine, BitMEX invites people, both on Earth and potentially in space, to engage with it, sending personal messages and satoshis, thereby extending the reach of cryptocurrency beyond our planet.<\/p>\n","post_title":"BitMEX Launches First Bitcoin To The Moon","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitmex-launches-first-bitcoin-to-the-moon","to_ping":"","pinged":"","post_modified":"2024-01-06 18:48:55","post_modified_gmt":"2024-01-06 07:48:55","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=14896","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":14824,"post_author":"15","post_date":"2024-01-04 01:41:48","post_date_gmt":"2024-01-03 14:41:48","post_content":"\n South Korea's Anti-Corruption and Civil Rights Commission unveiled that members of the country's National Assembly engaged in cryptocurrency. According to a recent investigation<\/a>, the total transactions traded nearly $100 million over three years. This revelation follows an extensive three-month scrutiny of digital asset trades made by the 298 current members of the parliament between May 2020 and May 2023.<\/p>\n\n\n\n The comprehensive probe discovered that 18 of the 298 legislators had been active in the crypto market. Interestingly, the lion\u2019s share of the trading volume, nearly $97.6 million (125.6 billion Korean won), was dominated by just 11 lawmakers.<\/p>\n\n\n\n The report highlighted Bitcoin as the preferred choice among South Korean legislators, with their portfolios featuring a diverse array of over 100 different cryptocurrencies, including the likes of Bitcoin. This preference aligns with global trends where Bitcoin remains a primary choice for many investors.<\/p>\n\n\n\n See Related:<\/em><\/strong> South Korea Mandates Exchanges To Pay Crypto Interest On Customer Deposits<\/a><\/p>\n\n\n\n After a scandal in May 2023 when a member of the local Democratic Party\u00a0came under fire<\/a>\u00a0for undeclared holdings of at least $4.5 million in Wemix (WEMIX) tokens, the South Korean government\u00a0<\/a>voted unanimously to oblige civil servants\u2019 mandatory disclosure<\/a>\u00a0of crypto assets.<\/p>\n\n\n\n Starting in 2024, approximately 6,000 government officials will be required to disclose their cryptocurrency holdings. This will be facilitated through the Public Official Ethics System. Additionally, five major South Korean crypto exchanges \u2013 Upbit, Bithumb, Coinone, Korbit, and Gopax \u2013 are set to introduce new systems to ease the process of registering information about crypto holdings.<\/p>\n","post_title":"South Korean Politicians\u2019 Crypto Trades Totalling $100M Uncovered","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"south-korean-politicians-crypto-trades-totalling-100m-uncovered","to_ping":"","pinged":"","post_modified":"2024-01-04 01:47:34","post_modified_gmt":"2024-01-03 14:47:34","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=14824","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
The centerpiece of this mission is a Bitcoin token, weighing 43 grams and embedded with 1 BTC, approximately valued at US$45,000 as of the launch date. This token is set to travel aboard the United Launch Alliance's Vulcan rocket, eventually making its way to the lunar surface via Peregrine-1, a commercial lunar lander, with an expected arrival on February 23, 2024.<\/p>\n\n\n\n This mission is not just a technological marvel but also a symbolic gesture. Stephan Lutz, CEO of BitMEX, views this as a foundational step towards a space-based monetary system, envisioning the Bitcoin on the Moon as a time capsule that encapsulates human innovation. Samuel Reed, the BitMEX co-founder, also emphasizes the mission's inspirational potential, aiming to merge cryptocurrency and space exploration, thereby encouraging future technological breakthroughs.<\/p>\n\n\n\n See Related:<\/em><\/strong> Crypto Will Come Back Stronger Than Ever, But FTX Won't Be The Last To Fail - BitMEX's Arthur Hayes<\/a><\/p>\n\n\n\n This historic Bitcoin<\/a> is one of 201 diverse payloads, including contributions from governments, educational institutions, and NASA\u2019s Commercial Lunar Payload Services initiative. Uniquely marked with both a public address and a private key, this Bitcoin represents the first financial asset on the Moon.<\/p>\n\n\n\n BitMEX envisions a future where this lunar Bitcoin serves as an interactive beacon for the crypto community. By leaving Bitcoin on the Moon with Peregrine, BitMEX invites people, both on Earth and potentially in space, to engage with it, sending personal messages and satoshis, thereby extending the reach of cryptocurrency beyond our planet.<\/p>\n","post_title":"BitMEX Launches First Bitcoin To The Moon","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitmex-launches-first-bitcoin-to-the-moon","to_ping":"","pinged":"","post_modified":"2024-01-06 18:48:55","post_modified_gmt":"2024-01-06 07:48:55","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=14896","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":14824,"post_author":"15","post_date":"2024-01-04 01:41:48","post_date_gmt":"2024-01-03 14:41:48","post_content":"\n South Korea's Anti-Corruption and Civil Rights Commission unveiled that members of the country's National Assembly engaged in cryptocurrency. According to a recent investigation<\/a>, the total transactions traded nearly $100 million over three years. This revelation follows an extensive three-month scrutiny of digital asset trades made by the 298 current members of the parliament between May 2020 and May 2023.<\/p>\n\n\n\n The comprehensive probe discovered that 18 of the 298 legislators had been active in the crypto market. Interestingly, the lion\u2019s share of the trading volume, nearly $97.6 million (125.6 billion Korean won), was dominated by just 11 lawmakers.<\/p>\n\n\n\n The report highlighted Bitcoin as the preferred choice among South Korean legislators, with their portfolios featuring a diverse array of over 100 different cryptocurrencies, including the likes of Bitcoin. This preference aligns with global trends where Bitcoin remains a primary choice for many investors.<\/p>\n\n\n\n See Related:<\/em><\/strong> South Korea Mandates Exchanges To Pay Crypto Interest On Customer Deposits<\/a><\/p>\n\n\n\n After a scandal in May 2023 when a member of the local Democratic Party\u00a0came under fire<\/a>\u00a0for undeclared holdings of at least $4.5 million in Wemix (WEMIX) tokens, the South Korean government\u00a0<\/a>voted unanimously to oblige civil servants\u2019 mandatory disclosure<\/a>\u00a0of crypto assets.<\/p>\n\n\n\n Starting in 2024, approximately 6,000 government officials will be required to disclose their cryptocurrency holdings. This will be facilitated through the Public Official Ethics System. Additionally, five major South Korean crypto exchanges \u2013 Upbit, Bithumb, Coinone, Korbit, and Gopax \u2013 are set to introduce new systems to ease the process of registering information about crypto holdings.<\/p>\n","post_title":"South Korean Politicians\u2019 Crypto Trades Totalling $100M Uncovered","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"south-korean-politicians-crypto-trades-totalling-100m-uncovered","to_ping":"","pinged":"","post_modified":"2024-01-04 01:47:34","post_modified_gmt":"2024-01-03 14:47:34","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=14824","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
BitMEX<\/a>, a prominent crypto derivatives exchange, launches a physical Bitcoin to the Moon. This launch, taking place at Cape Canaveral Space Force Station in Florida, is part of a collaborative effort involving BitMEX, Astrobotic, Bitcoin Magazine, and Oxcart Assembly. This mission, a blend of space exploration and financial innovation, marks the first Western soft lunar landing since the Apollo 17 mission in 1972.<\/p>\n\n\n\n The centerpiece of this mission is a Bitcoin token, weighing 43 grams and embedded with 1 BTC, approximately valued at US$45,000 as of the launch date. This token is set to travel aboard the United Launch Alliance's Vulcan rocket, eventually making its way to the lunar surface via Peregrine-1, a commercial lunar lander, with an expected arrival on February 23, 2024.<\/p>\n\n\n\n This mission is not just a technological marvel but also a symbolic gesture. Stephan Lutz, CEO of BitMEX, views this as a foundational step towards a space-based monetary system, envisioning the Bitcoin on the Moon as a time capsule that encapsulates human innovation. Samuel Reed, the BitMEX co-founder, also emphasizes the mission's inspirational potential, aiming to merge cryptocurrency and space exploration, thereby encouraging future technological breakthroughs.<\/p>\n\n\n\n See Related:<\/em><\/strong> Crypto Will Come Back Stronger Than Ever, But FTX Won't Be The Last To Fail - BitMEX's Arthur Hayes<\/a><\/p>\n\n\n\n This historic Bitcoin<\/a> is one of 201 diverse payloads, including contributions from governments, educational institutions, and NASA\u2019s Commercial Lunar Payload Services initiative. Uniquely marked with both a public address and a private key, this Bitcoin represents the first financial asset on the Moon.<\/p>\n\n\n\n BitMEX envisions a future where this lunar Bitcoin serves as an interactive beacon for the crypto community. By leaving Bitcoin on the Moon with Peregrine, BitMEX invites people, both on Earth and potentially in space, to engage with it, sending personal messages and satoshis, thereby extending the reach of cryptocurrency beyond our planet.<\/p>\n","post_title":"BitMEX Launches First Bitcoin To The Moon","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitmex-launches-first-bitcoin-to-the-moon","to_ping":"","pinged":"","post_modified":"2024-01-06 18:48:55","post_modified_gmt":"2024-01-06 07:48:55","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=14896","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":14824,"post_author":"15","post_date":"2024-01-04 01:41:48","post_date_gmt":"2024-01-03 14:41:48","post_content":"\n South Korea's Anti-Corruption and Civil Rights Commission unveiled that members of the country's National Assembly engaged in cryptocurrency. According to a recent investigation<\/a>, the total transactions traded nearly $100 million over three years. This revelation follows an extensive three-month scrutiny of digital asset trades made by the 298 current members of the parliament between May 2020 and May 2023.<\/p>\n\n\n\n The comprehensive probe discovered that 18 of the 298 legislators had been active in the crypto market. Interestingly, the lion\u2019s share of the trading volume, nearly $97.6 million (125.6 billion Korean won), was dominated by just 11 lawmakers.<\/p>\n\n\n\n The report highlighted Bitcoin as the preferred choice among South Korean legislators, with their portfolios featuring a diverse array of over 100 different cryptocurrencies, including the likes of Bitcoin. This preference aligns with global trends where Bitcoin remains a primary choice for many investors.<\/p>\n\n\n\n See Related:<\/em><\/strong> South Korea Mandates Exchanges To Pay Crypto Interest On Customer Deposits<\/a><\/p>\n\n\n\n After a scandal in May 2023 when a member of the local Democratic Party\u00a0came under fire<\/a>\u00a0for undeclared holdings of at least $4.5 million in Wemix (WEMIX) tokens, the South Korean government\u00a0<\/a>voted unanimously to oblige civil servants\u2019 mandatory disclosure<\/a>\u00a0of crypto assets.<\/p>\n\n\n\n Starting in 2024, approximately 6,000 government officials will be required to disclose their cryptocurrency holdings. This will be facilitated through the Public Official Ethics System. Additionally, five major South Korean crypto exchanges \u2013 Upbit, Bithumb, Coinone, Korbit, and Gopax \u2013 are set to introduce new systems to ease the process of registering information about crypto holdings.<\/p>\n","post_title":"South Korean Politicians\u2019 Crypto Trades Totalling $100M Uncovered","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"south-korean-politicians-crypto-trades-totalling-100m-uncovered","to_ping":"","pinged":"","post_modified":"2024-01-04 01:47:34","post_modified_gmt":"2024-01-03 14:47:34","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=14824","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
This evolving landscape suggests a cautious yet growing interest in integrating cryptocurrencies into conventional financial advising, with the potential approval of a Bitcoin ETF being a pivotal factor in this development.<\/p>\n","post_title":"Financial Experts Uncertain Of Bitcoin ETF Launch In 2024","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"financial-experts-uncertain-of-bitcoin-etf-launch-in-2024","to_ping":"","pinged":"","post_modified":"2024-01-06 19:01:19","post_modified_gmt":"2024-01-06 08:01:19","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=14892","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":14896,"post_author":"15","post_date":"2024-01-06 18:47:19","post_date_gmt":"2024-01-06 07:47:19","post_content":"\n BitMEX<\/a>, a prominent crypto derivatives exchange, launches a physical Bitcoin to the Moon. This launch, taking place at Cape Canaveral Space Force Station in Florida, is part of a collaborative effort involving BitMEX, Astrobotic, Bitcoin Magazine, and Oxcart Assembly. This mission, a blend of space exploration and financial innovation, marks the first Western soft lunar landing since the Apollo 17 mission in 1972.<\/p>\n\n\n\n The centerpiece of this mission is a Bitcoin token, weighing 43 grams and embedded with 1 BTC, approximately valued at US$45,000 as of the launch date. This token is set to travel aboard the United Launch Alliance's Vulcan rocket, eventually making its way to the lunar surface via Peregrine-1, a commercial lunar lander, with an expected arrival on February 23, 2024.<\/p>\n\n\n\n This mission is not just a technological marvel but also a symbolic gesture. Stephan Lutz, CEO of BitMEX, views this as a foundational step towards a space-based monetary system, envisioning the Bitcoin on the Moon as a time capsule that encapsulates human innovation. Samuel Reed, the BitMEX co-founder, also emphasizes the mission's inspirational potential, aiming to merge cryptocurrency and space exploration, thereby encouraging future technological breakthroughs.<\/p>\n\n\n\n See Related:<\/em><\/strong> Crypto Will Come Back Stronger Than Ever, But FTX Won't Be The Last To Fail - BitMEX's Arthur Hayes<\/a><\/p>\n\n\n\n This historic Bitcoin<\/a> is one of 201 diverse payloads, including contributions from governments, educational institutions, and NASA\u2019s Commercial Lunar Payload Services initiative. Uniquely marked with both a public address and a private key, this Bitcoin represents the first financial asset on the Moon.<\/p>\n\n\n\n BitMEX envisions a future where this lunar Bitcoin serves as an interactive beacon for the crypto community. By leaving Bitcoin on the Moon with Peregrine, BitMEX invites people, both on Earth and potentially in space, to engage with it, sending personal messages and satoshis, thereby extending the reach of cryptocurrency beyond our planet.<\/p>\n","post_title":"BitMEX Launches First Bitcoin To The Moon","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitmex-launches-first-bitcoin-to-the-moon","to_ping":"","pinged":"","post_modified":"2024-01-06 18:48:55","post_modified_gmt":"2024-01-06 07:48:55","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=14896","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":14824,"post_author":"15","post_date":"2024-01-04 01:41:48","post_date_gmt":"2024-01-03 14:41:48","post_content":"\n South Korea's Anti-Corruption and Civil Rights Commission unveiled that members of the country's National Assembly engaged in cryptocurrency. According to a recent investigation<\/a>, the total transactions traded nearly $100 million over three years. This revelation follows an extensive three-month scrutiny of digital asset trades made by the 298 current members of the parliament between May 2020 and May 2023.<\/p>\n\n\n\n The comprehensive probe discovered that 18 of the 298 legislators had been active in the crypto market. Interestingly, the lion\u2019s share of the trading volume, nearly $97.6 million (125.6 billion Korean won), was dominated by just 11 lawmakers.<\/p>\n\n\n\n The report highlighted Bitcoin as the preferred choice among South Korean legislators, with their portfolios featuring a diverse array of over 100 different cryptocurrencies, including the likes of Bitcoin. This preference aligns with global trends where Bitcoin remains a primary choice for many investors.<\/p>\n\n\n\n See Related:<\/em><\/strong> South Korea Mandates Exchanges To Pay Crypto Interest On Customer Deposits<\/a><\/p>\n\n\n\n After a scandal in May 2023 when a member of the local Democratic Party\u00a0came under fire<\/a>\u00a0for undeclared holdings of at least $4.5 million in Wemix (WEMIX) tokens, the South Korean government\u00a0<\/a>voted unanimously to oblige civil servants\u2019 mandatory disclosure<\/a>\u00a0of crypto assets.<\/p>\n\n\n\n Starting in 2024, approximately 6,000 government officials will be required to disclose their cryptocurrency holdings. This will be facilitated through the Public Official Ethics System. Additionally, five major South Korean crypto exchanges \u2013 Upbit, Bithumb, Coinone, Korbit, and Gopax \u2013 are set to introduce new systems to ease the process of registering information about crypto holdings.<\/p>\n","post_title":"South Korean Politicians\u2019 Crypto Trades Totalling $100M Uncovered","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"south-korean-politicians-crypto-trades-totalling-100m-uncovered","to_ping":"","pinged":"","post_modified":"2024-01-04 01:47:34","post_modified_gmt":"2024-01-03 14:47:34","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=14824","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
Furthermore, the report highlighted that Bitwise and other major ETF applicants, like BlackRock and Fidelity, are actively addressing the SEC's requirements, indicating a concerted effort to meet regulatory standards.<\/p>\n\n\n\n This evolving landscape suggests a cautious yet growing interest in integrating cryptocurrencies into conventional financial advising, with the potential approval of a Bitcoin ETF being a pivotal factor in this development.<\/p>\n","post_title":"Financial Experts Uncertain Of Bitcoin ETF Launch In 2024","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"financial-experts-uncertain-of-bitcoin-etf-launch-in-2024","to_ping":"","pinged":"","post_modified":"2024-01-06 19:01:19","post_modified_gmt":"2024-01-06 08:01:19","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=14892","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":14896,"post_author":"15","post_date":"2024-01-06 18:47:19","post_date_gmt":"2024-01-06 07:47:19","post_content":"\n BitMEX<\/a>, a prominent crypto derivatives exchange, launches a physical Bitcoin to the Moon. This launch, taking place at Cape Canaveral Space Force Station in Florida, is part of a collaborative effort involving BitMEX, Astrobotic, Bitcoin Magazine, and Oxcart Assembly. This mission, a blend of space exploration and financial innovation, marks the first Western soft lunar landing since the Apollo 17 mission in 1972.<\/p>\n\n\n\n The centerpiece of this mission is a Bitcoin token, weighing 43 grams and embedded with 1 BTC, approximately valued at US$45,000 as of the launch date. This token is set to travel aboard the United Launch Alliance's Vulcan rocket, eventually making its way to the lunar surface via Peregrine-1, a commercial lunar lander, with an expected arrival on February 23, 2024.<\/p>\n\n\n\n This mission is not just a technological marvel but also a symbolic gesture. Stephan Lutz, CEO of BitMEX, views this as a foundational step towards a space-based monetary system, envisioning the Bitcoin on the Moon as a time capsule that encapsulates human innovation. Samuel Reed, the BitMEX co-founder, also emphasizes the mission's inspirational potential, aiming to merge cryptocurrency and space exploration, thereby encouraging future technological breakthroughs.<\/p>\n\n\n\n See Related:<\/em><\/strong> Crypto Will Come Back Stronger Than Ever, But FTX Won't Be The Last To Fail - BitMEX's Arthur Hayes<\/a><\/p>\n\n\n\n This historic Bitcoin<\/a> is one of 201 diverse payloads, including contributions from governments, educational institutions, and NASA\u2019s Commercial Lunar Payload Services initiative. Uniquely marked with both a public address and a private key, this Bitcoin represents the first financial asset on the Moon.<\/p>\n\n\n\n BitMEX envisions a future where this lunar Bitcoin serves as an interactive beacon for the crypto community. By leaving Bitcoin on the Moon with Peregrine, BitMEX invites people, both on Earth and potentially in space, to engage with it, sending personal messages and satoshis, thereby extending the reach of cryptocurrency beyond our planet.<\/p>\n","post_title":"BitMEX Launches First Bitcoin To The Moon","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitmex-launches-first-bitcoin-to-the-moon","to_ping":"","pinged":"","post_modified":"2024-01-06 18:48:55","post_modified_gmt":"2024-01-06 07:48:55","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=14896","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":14824,"post_author":"15","post_date":"2024-01-04 01:41:48","post_date_gmt":"2024-01-03 14:41:48","post_content":"\n South Korea's Anti-Corruption and Civil Rights Commission unveiled that members of the country's National Assembly engaged in cryptocurrency. According to a recent investigation<\/a>, the total transactions traded nearly $100 million over three years. This revelation follows an extensive three-month scrutiny of digital asset trades made by the 298 current members of the parliament between May 2020 and May 2023.<\/p>\n\n\n\n The comprehensive probe discovered that 18 of the 298 legislators had been active in the crypto market. Interestingly, the lion\u2019s share of the trading volume, nearly $97.6 million (125.6 billion Korean won), was dominated by just 11 lawmakers.<\/p>\n\n\n\n The report highlighted Bitcoin as the preferred choice among South Korean legislators, with their portfolios featuring a diverse array of over 100 different cryptocurrencies, including the likes of Bitcoin. This preference aligns with global trends where Bitcoin remains a primary choice for many investors.<\/p>\n\n\n\n See Related:<\/em><\/strong> South Korea Mandates Exchanges To Pay Crypto Interest On Customer Deposits<\/a><\/p>\n\n\n\n After a scandal in May 2023 when a member of the local Democratic Party\u00a0came under fire<\/a>\u00a0for undeclared holdings of at least $4.5 million in Wemix (WEMIX) tokens, the South Korean government\u00a0<\/a>voted unanimously to oblige civil servants\u2019 mandatory disclosure<\/a>\u00a0of crypto assets.<\/p>\n\n\n\n Starting in 2024, approximately 6,000 government officials will be required to disclose their cryptocurrency holdings. This will be facilitated through the Public Official Ethics System. Additionally, five major South Korean crypto exchanges \u2013 Upbit, Bithumb, Coinone, Korbit, and Gopax \u2013 are set to introduce new systems to ease the process of registering information about crypto holdings.<\/p>\n","post_title":"South Korean Politicians\u2019 Crypto Trades Totalling $100M Uncovered","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"south-korean-politicians-crypto-trades-totalling-100m-uncovered","to_ping":"","pinged":"","post_modified":"2024-01-04 01:47:34","post_modified_gmt":"2024-01-03 14:47:34","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=14824","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
Bitwise, which has its stake in the matter, has been persistently pursuing the approval of the Bitwise Bitcoin ETF<\/a>. Having faced rejections in previous applications, the company recently amended and refiled its application, hoping to overcome the SEC's concerns.<\/p>\n\n\n\n Furthermore, the report highlighted that Bitwise and other major ETF applicants, like BlackRock and Fidelity, are actively addressing the SEC's requirements, indicating a concerted effort to meet regulatory standards.<\/p>\n\n\n\n This evolving landscape suggests a cautious yet growing interest in integrating cryptocurrencies into conventional financial advising, with the potential approval of a Bitcoin ETF being a pivotal factor in this development.<\/p>\n","post_title":"Financial Experts Uncertain Of Bitcoin ETF Launch In 2024","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"financial-experts-uncertain-of-bitcoin-etf-launch-in-2024","to_ping":"","pinged":"","post_modified":"2024-01-06 19:01:19","post_modified_gmt":"2024-01-06 08:01:19","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=14892","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":14896,"post_author":"15","post_date":"2024-01-06 18:47:19","post_date_gmt":"2024-01-06 07:47:19","post_content":"\n BitMEX<\/a>, a prominent crypto derivatives exchange, launches a physical Bitcoin to the Moon. This launch, taking place at Cape Canaveral Space Force Station in Florida, is part of a collaborative effort involving BitMEX, Astrobotic, Bitcoin Magazine, and Oxcart Assembly. This mission, a blend of space exploration and financial innovation, marks the first Western soft lunar landing since the Apollo 17 mission in 1972.<\/p>\n\n\n\n The centerpiece of this mission is a Bitcoin token, weighing 43 grams and embedded with 1 BTC, approximately valued at US$45,000 as of the launch date. This token is set to travel aboard the United Launch Alliance's Vulcan rocket, eventually making its way to the lunar surface via Peregrine-1, a commercial lunar lander, with an expected arrival on February 23, 2024.<\/p>\n\n\n\n This mission is not just a technological marvel but also a symbolic gesture. Stephan Lutz, CEO of BitMEX, views this as a foundational step towards a space-based monetary system, envisioning the Bitcoin on the Moon as a time capsule that encapsulates human innovation. Samuel Reed, the BitMEX co-founder, also emphasizes the mission's inspirational potential, aiming to merge cryptocurrency and space exploration, thereby encouraging future technological breakthroughs.<\/p>\n\n\n\n See Related:<\/em><\/strong> Crypto Will Come Back Stronger Than Ever, But FTX Won't Be The Last To Fail - BitMEX's Arthur Hayes<\/a><\/p>\n\n\n\n This historic Bitcoin<\/a> is one of 201 diverse payloads, including contributions from governments, educational institutions, and NASA\u2019s Commercial Lunar Payload Services initiative. Uniquely marked with both a public address and a private key, this Bitcoin represents the first financial asset on the Moon.<\/p>\n\n\n\n BitMEX envisions a future where this lunar Bitcoin serves as an interactive beacon for the crypto community. By leaving Bitcoin on the Moon with Peregrine, BitMEX invites people, both on Earth and potentially in space, to engage with it, sending personal messages and satoshis, thereby extending the reach of cryptocurrency beyond our planet.<\/p>\n","post_title":"BitMEX Launches First Bitcoin To The Moon","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitmex-launches-first-bitcoin-to-the-moon","to_ping":"","pinged":"","post_modified":"2024-01-06 18:48:55","post_modified_gmt":"2024-01-06 07:48:55","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=14896","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":14824,"post_author":"15","post_date":"2024-01-04 01:41:48","post_date_gmt":"2024-01-03 14:41:48","post_content":"\n South Korea's Anti-Corruption and Civil Rights Commission unveiled that members of the country's National Assembly engaged in cryptocurrency. According to a recent investigation<\/a>, the total transactions traded nearly $100 million over three years. This revelation follows an extensive three-month scrutiny of digital asset trades made by the 298 current members of the parliament between May 2020 and May 2023.<\/p>\n\n\n\n The comprehensive probe discovered that 18 of the 298 legislators had been active in the crypto market. Interestingly, the lion\u2019s share of the trading volume, nearly $97.6 million (125.6 billion Korean won), was dominated by just 11 lawmakers.<\/p>\n\n\n\n The report highlighted Bitcoin as the preferred choice among South Korean legislators, with their portfolios featuring a diverse array of over 100 different cryptocurrencies, including the likes of Bitcoin. This preference aligns with global trends where Bitcoin remains a primary choice for many investors.<\/p>\n\n\n\n See Related:<\/em><\/strong> South Korea Mandates Exchanges To Pay Crypto Interest On Customer Deposits<\/a><\/p>\n\n\n\n After a scandal in May 2023 when a member of the local Democratic Party\u00a0came under fire<\/a>\u00a0for undeclared holdings of at least $4.5 million in Wemix (WEMIX) tokens, the South Korean government\u00a0<\/a>voted unanimously to oblige civil servants\u2019 mandatory disclosure<\/a>\u00a0of crypto assets.<\/p>\n\n\n\n Starting in 2024, approximately 6,000 government officials will be required to disclose their cryptocurrency holdings. This will be facilitated through the Public Official Ethics System. Additionally, five major South Korean crypto exchanges \u2013 Upbit, Bithumb, Coinone, Korbit, and Gopax \u2013 are set to introduce new systems to ease the process of registering information about crypto holdings.<\/p>\n","post_title":"South Korean Politicians\u2019 Crypto Trades Totalling $100M Uncovered","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"south-korean-politicians-crypto-trades-totalling-100m-uncovered","to_ping":"","pinged":"","post_modified":"2024-01-04 01:47:34","post_modified_gmt":"2024-01-03 14:47:34","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=14824","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
The survey also revealed that while the number of clients allocating funds to cryptocurrencies has decreased slightly from previous years, the current figure still surpasses the interest levels seen in 2019 and 2020.<\/p>\n\n\n\n Bitwise, which has its stake in the matter, has been persistently pursuing the approval of the Bitwise Bitcoin ETF<\/a>. Having faced rejections in previous applications, the company recently amended and refiled its application, hoping to overcome the SEC's concerns.<\/p>\n\n\n\n Furthermore, the report highlighted that Bitwise and other major ETF applicants, like BlackRock and Fidelity, are actively addressing the SEC's requirements, indicating a concerted effort to meet regulatory standards.<\/p>\n\n\n\n This evolving landscape suggests a cautious yet growing interest in integrating cryptocurrencies into conventional financial advising, with the potential approval of a Bitcoin ETF being a pivotal factor in this development.<\/p>\n","post_title":"Financial Experts Uncertain Of Bitcoin ETF Launch In 2024","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"financial-experts-uncertain-of-bitcoin-etf-launch-in-2024","to_ping":"","pinged":"","post_modified":"2024-01-06 19:01:19","post_modified_gmt":"2024-01-06 08:01:19","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=14892","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":14896,"post_author":"15","post_date":"2024-01-06 18:47:19","post_date_gmt":"2024-01-06 07:47:19","post_content":"\n BitMEX<\/a>, a prominent crypto derivatives exchange, launches a physical Bitcoin to the Moon. This launch, taking place at Cape Canaveral Space Force Station in Florida, is part of a collaborative effort involving BitMEX, Astrobotic, Bitcoin Magazine, and Oxcart Assembly. This mission, a blend of space exploration and financial innovation, marks the first Western soft lunar landing since the Apollo 17 mission in 1972.<\/p>\n\n\n\n The centerpiece of this mission is a Bitcoin token, weighing 43 grams and embedded with 1 BTC, approximately valued at US$45,000 as of the launch date. This token is set to travel aboard the United Launch Alliance's Vulcan rocket, eventually making its way to the lunar surface via Peregrine-1, a commercial lunar lander, with an expected arrival on February 23, 2024.<\/p>\n\n\n\n This mission is not just a technological marvel but also a symbolic gesture. Stephan Lutz, CEO of BitMEX, views this as a foundational step towards a space-based monetary system, envisioning the Bitcoin on the Moon as a time capsule that encapsulates human innovation. Samuel Reed, the BitMEX co-founder, also emphasizes the mission's inspirational potential, aiming to merge cryptocurrency and space exploration, thereby encouraging future technological breakthroughs.<\/p>\n\n\n\n See Related:<\/em><\/strong> Crypto Will Come Back Stronger Than Ever, But FTX Won't Be The Last To Fail - BitMEX's Arthur Hayes<\/a><\/p>\n\n\n\n This historic Bitcoin<\/a> is one of 201 diverse payloads, including contributions from governments, educational institutions, and NASA\u2019s Commercial Lunar Payload Services initiative. Uniquely marked with both a public address and a private key, this Bitcoin represents the first financial asset on the Moon.<\/p>\n\n\n\n BitMEX envisions a future where this lunar Bitcoin serves as an interactive beacon for the crypto community. By leaving Bitcoin on the Moon with Peregrine, BitMEX invites people, both on Earth and potentially in space, to engage with it, sending personal messages and satoshis, thereby extending the reach of cryptocurrency beyond our planet.<\/p>\n","post_title":"BitMEX Launches First Bitcoin To The Moon","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitmex-launches-first-bitcoin-to-the-moon","to_ping":"","pinged":"","post_modified":"2024-01-06 18:48:55","post_modified_gmt":"2024-01-06 07:48:55","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=14896","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":14824,"post_author":"15","post_date":"2024-01-04 01:41:48","post_date_gmt":"2024-01-03 14:41:48","post_content":"\n South Korea's Anti-Corruption and Civil Rights Commission unveiled that members of the country's National Assembly engaged in cryptocurrency. According to a recent investigation<\/a>, the total transactions traded nearly $100 million over three years. This revelation follows an extensive three-month scrutiny of digital asset trades made by the 298 current members of the parliament between May 2020 and May 2023.<\/p>\n\n\n\n The comprehensive probe discovered that 18 of the 298 legislators had been active in the crypto market. Interestingly, the lion\u2019s share of the trading volume, nearly $97.6 million (125.6 billion Korean won), was dominated by just 11 lawmakers.<\/p>\n\n\n\n The report highlighted Bitcoin as the preferred choice among South Korean legislators, with their portfolios featuring a diverse array of over 100 different cryptocurrencies, including the likes of Bitcoin. This preference aligns with global trends where Bitcoin remains a primary choice for many investors.<\/p>\n\n\n\n See Related:<\/em><\/strong> South Korea Mandates Exchanges To Pay Crypto Interest On Customer Deposits<\/a><\/p>\n\n\n\n After a scandal in May 2023 when a member of the local Democratic Party\u00a0came under fire<\/a>\u00a0for undeclared holdings of at least $4.5 million in Wemix (WEMIX) tokens, the South Korean government\u00a0<\/a>voted unanimously to oblige civil servants\u2019 mandatory disclosure<\/a>\u00a0of crypto assets.<\/p>\n\n\n\n Starting in 2024, approximately 6,000 government officials will be required to disclose their cryptocurrency holdings. This will be facilitated through the Public Official Ethics System. Additionally, five major South Korean crypto exchanges \u2013 Upbit, Bithumb, Coinone, Korbit, and Gopax \u2013 are set to introduce new systems to ease the process of registering information about crypto holdings.<\/p>\n","post_title":"South Korean Politicians\u2019 Crypto Trades Totalling $100M Uncovered","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"south-korean-politicians-crypto-trades-totalling-100m-uncovered","to_ping":"","pinged":"","post_modified":"2024-01-04 01:47:34","post_modified_gmt":"2024-01-03 14:47:34","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=14824","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
The survey also revealed that while the number of clients allocating funds to cryptocurrencies has decreased slightly from previous years, the current figure still surpasses the interest levels seen in 2019 and 2020.<\/p>\n\n\n\n Bitwise, which has its stake in the matter, has been persistently pursuing the approval of the Bitwise Bitcoin ETF<\/a>. Having faced rejections in previous applications, the company recently amended and refiled its application, hoping to overcome the SEC's concerns.<\/p>\n\n\n\n Furthermore, the report highlighted that Bitwise and other major ETF applicants, like BlackRock and Fidelity, are actively addressing the SEC's requirements, indicating a concerted effort to meet regulatory standards.<\/p>\n\n\n\n This evolving landscape suggests a cautious yet growing interest in integrating cryptocurrencies into conventional financial advising, with the potential approval of a Bitcoin ETF being a pivotal factor in this development.<\/p>\n","post_title":"Financial Experts Uncertain Of Bitcoin ETF Launch In 2024","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"financial-experts-uncertain-of-bitcoin-etf-launch-in-2024","to_ping":"","pinged":"","post_modified":"2024-01-06 19:01:19","post_modified_gmt":"2024-01-06 08:01:19","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=14892","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":14896,"post_author":"15","post_date":"2024-01-06 18:47:19","post_date_gmt":"2024-01-06 07:47:19","post_content":"\n BitMEX<\/a>, a prominent crypto derivatives exchange, launches a physical Bitcoin to the Moon. This launch, taking place at Cape Canaveral Space Force Station in Florida, is part of a collaborative effort involving BitMEX, Astrobotic, Bitcoin Magazine, and Oxcart Assembly. This mission, a blend of space exploration and financial innovation, marks the first Western soft lunar landing since the Apollo 17 mission in 1972.<\/p>\n\n\n\n The centerpiece of this mission is a Bitcoin token, weighing 43 grams and embedded with 1 BTC, approximately valued at US$45,000 as of the launch date. This token is set to travel aboard the United Launch Alliance's Vulcan rocket, eventually making its way to the lunar surface via Peregrine-1, a commercial lunar lander, with an expected arrival on February 23, 2024.<\/p>\n\n\n\n This mission is not just a technological marvel but also a symbolic gesture. Stephan Lutz, CEO of BitMEX, views this as a foundational step towards a space-based monetary system, envisioning the Bitcoin on the Moon as a time capsule that encapsulates human innovation. Samuel Reed, the BitMEX co-founder, also emphasizes the mission's inspirational potential, aiming to merge cryptocurrency and space exploration, thereby encouraging future technological breakthroughs.<\/p>\n\n\n\n See Related:<\/em><\/strong> Crypto Will Come Back Stronger Than Ever, But FTX Won't Be The Last To Fail - BitMEX's Arthur Hayes<\/a><\/p>\n\n\n\n This historic Bitcoin<\/a> is one of 201 diverse payloads, including contributions from governments, educational institutions, and NASA\u2019s Commercial Lunar Payload Services initiative. Uniquely marked with both a public address and a private key, this Bitcoin represents the first financial asset on the Moon.<\/p>\n\n\n\n BitMEX envisions a future where this lunar Bitcoin serves as an interactive beacon for the crypto community. By leaving Bitcoin on the Moon with Peregrine, BitMEX invites people, both on Earth and potentially in space, to engage with it, sending personal messages and satoshis, thereby extending the reach of cryptocurrency beyond our planet.<\/p>\n","post_title":"BitMEX Launches First Bitcoin To The Moon","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitmex-launches-first-bitcoin-to-the-moon","to_ping":"","pinged":"","post_modified":"2024-01-06 18:48:55","post_modified_gmt":"2024-01-06 07:48:55","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=14896","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":14824,"post_author":"15","post_date":"2024-01-04 01:41:48","post_date_gmt":"2024-01-03 14:41:48","post_content":"\n South Korea's Anti-Corruption and Civil Rights Commission unveiled that members of the country's National Assembly engaged in cryptocurrency. According to a recent investigation<\/a>, the total transactions traded nearly $100 million over three years. This revelation follows an extensive three-month scrutiny of digital asset trades made by the 298 current members of the parliament between May 2020 and May 2023.<\/p>\n\n\n\n The comprehensive probe discovered that 18 of the 298 legislators had been active in the crypto market. Interestingly, the lion\u2019s share of the trading volume, nearly $97.6 million (125.6 billion Korean won), was dominated by just 11 lawmakers.<\/p>\n\n\n\n The report highlighted Bitcoin as the preferred choice among South Korean legislators, with their portfolios featuring a diverse array of over 100 different cryptocurrencies, including the likes of Bitcoin. This preference aligns with global trends where Bitcoin remains a primary choice for many investors.<\/p>\n\n\n\n See Related:<\/em><\/strong> South Korea Mandates Exchanges To Pay Crypto Interest On Customer Deposits<\/a><\/p>\n\n\n\n After a scandal in May 2023 when a member of the local Democratic Party\u00a0came under fire<\/a>\u00a0for undeclared holdings of at least $4.5 million in Wemix (WEMIX) tokens, the South Korean government\u00a0<\/a>voted unanimously to oblige civil servants\u2019 mandatory disclosure<\/a>\u00a0of crypto assets.<\/p>\n\n\n\n Starting in 2024, approximately 6,000 government officials will be required to disclose their cryptocurrency holdings. This will be facilitated through the Public Official Ethics System. Additionally, five major South Korean crypto exchanges \u2013 Upbit, Bithumb, Coinone, Korbit, and Gopax \u2013 are set to introduce new systems to ease the process of registering information about crypto holdings.<\/p>\n","post_title":"South Korean Politicians\u2019 Crypto Trades Totalling $100M Uncovered","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"south-korean-politicians-crypto-trades-totalling-100m-uncovered","to_ping":"","pinged":"","post_modified":"2024-01-04 01:47:34","post_modified_gmt":"2024-01-03 14:47:34","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=14824","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
See Related:<\/em><\/strong> Australia To Launch Its First Bitcoin ETF<\/a><\/p>\n\n\n\n The survey also revealed that while the number of clients allocating funds to cryptocurrencies has decreased slightly from previous years, the current figure still surpasses the interest levels seen in 2019 and 2020.<\/p>\n\n\n\n Bitwise, which has its stake in the matter, has been persistently pursuing the approval of the Bitwise Bitcoin ETF<\/a>. Having faced rejections in previous applications, the company recently amended and refiled its application, hoping to overcome the SEC's concerns.<\/p>\n\n\n\n Furthermore, the report highlighted that Bitwise and other major ETF applicants, like BlackRock and Fidelity, are actively addressing the SEC's requirements, indicating a concerted effort to meet regulatory standards.<\/p>\n\n\n\n This evolving landscape suggests a cautious yet growing interest in integrating cryptocurrencies into conventional financial advising, with the potential approval of a Bitcoin ETF being a pivotal factor in this development.<\/p>\n","post_title":"Financial Experts Uncertain Of Bitcoin ETF Launch In 2024","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"financial-experts-uncertain-of-bitcoin-etf-launch-in-2024","to_ping":"","pinged":"","post_modified":"2024-01-06 19:01:19","post_modified_gmt":"2024-01-06 08:01:19","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=14892","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":14896,"post_author":"15","post_date":"2024-01-06 18:47:19","post_date_gmt":"2024-01-06 07:47:19","post_content":"\n BitMEX<\/a>, a prominent crypto derivatives exchange, launches a physical Bitcoin to the Moon. This launch, taking place at Cape Canaveral Space Force Station in Florida, is part of a collaborative effort involving BitMEX, Astrobotic, Bitcoin Magazine, and Oxcart Assembly. This mission, a blend of space exploration and financial innovation, marks the first Western soft lunar landing since the Apollo 17 mission in 1972.<\/p>\n\n\n\n The centerpiece of this mission is a Bitcoin token, weighing 43 grams and embedded with 1 BTC, approximately valued at US$45,000 as of the launch date. This token is set to travel aboard the United Launch Alliance's Vulcan rocket, eventually making its way to the lunar surface via Peregrine-1, a commercial lunar lander, with an expected arrival on February 23, 2024.<\/p>\n\n\n\n This mission is not just a technological marvel but also a symbolic gesture. Stephan Lutz, CEO of BitMEX, views this as a foundational step towards a space-based monetary system, envisioning the Bitcoin on the Moon as a time capsule that encapsulates human innovation. Samuel Reed, the BitMEX co-founder, also emphasizes the mission's inspirational potential, aiming to merge cryptocurrency and space exploration, thereby encouraging future technological breakthroughs.<\/p>\n\n\n\n See Related:<\/em><\/strong> Crypto Will Come Back Stronger Than Ever, But FTX Won't Be The Last To Fail - BitMEX's Arthur Hayes<\/a><\/p>\n\n\n\n This historic Bitcoin<\/a> is one of 201 diverse payloads, including contributions from governments, educational institutions, and NASA\u2019s Commercial Lunar Payload Services initiative. Uniquely marked with both a public address and a private key, this Bitcoin represents the first financial asset on the Moon.<\/p>\n\n\n\n BitMEX envisions a future where this lunar Bitcoin serves as an interactive beacon for the crypto community. By leaving Bitcoin on the Moon with Peregrine, BitMEX invites people, both on Earth and potentially in space, to engage with it, sending personal messages and satoshis, thereby extending the reach of cryptocurrency beyond our planet.<\/p>\n","post_title":"BitMEX Launches First Bitcoin To The Moon","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitmex-launches-first-bitcoin-to-the-moon","to_ping":"","pinged":"","post_modified":"2024-01-06 18:48:55","post_modified_gmt":"2024-01-06 07:48:55","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=14896","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":14824,"post_author":"15","post_date":"2024-01-04 01:41:48","post_date_gmt":"2024-01-03 14:41:48","post_content":"\n South Korea's Anti-Corruption and Civil Rights Commission unveiled that members of the country's National Assembly engaged in cryptocurrency. According to a recent investigation<\/a>, the total transactions traded nearly $100 million over three years. This revelation follows an extensive three-month scrutiny of digital asset trades made by the 298 current members of the parliament between May 2020 and May 2023.<\/p>\n\n\n\n The comprehensive probe discovered that 18 of the 298 legislators had been active in the crypto market. Interestingly, the lion\u2019s share of the trading volume, nearly $97.6 million (125.6 billion Korean won), was dominated by just 11 lawmakers.<\/p>\n\n\n\n The report highlighted Bitcoin as the preferred choice among South Korean legislators, with their portfolios featuring a diverse array of over 100 different cryptocurrencies, including the likes of Bitcoin. This preference aligns with global trends where Bitcoin remains a primary choice for many investors.<\/p>\n\n\n\n See Related:<\/em><\/strong> South Korea Mandates Exchanges To Pay Crypto Interest On Customer Deposits<\/a><\/p>\n\n\n\n After a scandal in May 2023 when a member of the local Democratic Party\u00a0came under fire<\/a>\u00a0for undeclared holdings of at least $4.5 million in Wemix (WEMIX) tokens, the South Korean government\u00a0<\/a>voted unanimously to oblige civil servants\u2019 mandatory disclosure<\/a>\u00a0of crypto assets.<\/p>\n\n\n\n Starting in 2024, approximately 6,000 government officials will be required to disclose their cryptocurrency holdings. This will be facilitated through the Public Official Ethics System. Additionally, five major South Korean crypto exchanges \u2013 Upbit, Bithumb, Coinone, Korbit, and Gopax \u2013 are set to introduce new systems to ease the process of registering information about crypto holdings.<\/p>\n","post_title":"South Korean Politicians\u2019 Crypto Trades Totalling $100M Uncovered","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"south-korean-politicians-crypto-trades-totalling-100m-uncovered","to_ping":"","pinged":"","post_modified":"2024-01-04 01:47:34","post_modified_gmt":"2024-01-03 14:47:34","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=14824","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
Grayscale<\/a>, a leading digital asset manager, remains optimistic about the approval of their Bitcoin Trust (GBTC) into a spot Bitcoin ETF. They aim to have the fund listed on the NYSE Arca exchange, a move that would mark a significant development in the crypto investment landscape.<\/p>\n\n\n\n See Related:<\/em><\/strong> Australia To Launch Its First Bitcoin ETF<\/a><\/p>\n\n\n\n The survey also revealed that while the number of clients allocating funds to cryptocurrencies has decreased slightly from previous years, the current figure still surpasses the interest levels seen in 2019 and 2020.<\/p>\n\n\n\n Bitwise, which has its stake in the matter, has been persistently pursuing the approval of the Bitwise Bitcoin ETF<\/a>. Having faced rejections in previous applications, the company recently amended and refiled its application, hoping to overcome the SEC's concerns.<\/p>\n\n\n\n Furthermore, the report highlighted that Bitwise and other major ETF applicants, like BlackRock and Fidelity, are actively addressing the SEC's requirements, indicating a concerted effort to meet regulatory standards.<\/p>\n\n\n\n This evolving landscape suggests a cautious yet growing interest in integrating cryptocurrencies into conventional financial advising, with the potential approval of a Bitcoin ETF being a pivotal factor in this development.<\/p>\n","post_title":"Financial Experts Uncertain Of Bitcoin ETF Launch In 2024","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"financial-experts-uncertain-of-bitcoin-etf-launch-in-2024","to_ping":"","pinged":"","post_modified":"2024-01-06 19:01:19","post_modified_gmt":"2024-01-06 08:01:19","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=14892","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":14896,"post_author":"15","post_date":"2024-01-06 18:47:19","post_date_gmt":"2024-01-06 07:47:19","post_content":"\n BitMEX<\/a>, a prominent crypto derivatives exchange, launches a physical Bitcoin to the Moon. This launch, taking place at Cape Canaveral Space Force Station in Florida, is part of a collaborative effort involving BitMEX, Astrobotic, Bitcoin Magazine, and Oxcart Assembly. This mission, a blend of space exploration and financial innovation, marks the first Western soft lunar landing since the Apollo 17 mission in 1972.<\/p>\n\n\n\n The centerpiece of this mission is a Bitcoin token, weighing 43 grams and embedded with 1 BTC, approximately valued at US$45,000 as of the launch date. This token is set to travel aboard the United Launch Alliance's Vulcan rocket, eventually making its way to the lunar surface via Peregrine-1, a commercial lunar lander, with an expected arrival on February 23, 2024.<\/p>\n\n\n\n This mission is not just a technological marvel but also a symbolic gesture. Stephan Lutz, CEO of BitMEX, views this as a foundational step towards a space-based monetary system, envisioning the Bitcoin on the Moon as a time capsule that encapsulates human innovation. Samuel Reed, the BitMEX co-founder, also emphasizes the mission's inspirational potential, aiming to merge cryptocurrency and space exploration, thereby encouraging future technological breakthroughs.<\/p>\n\n\n\n See Related:<\/em><\/strong> Crypto Will Come Back Stronger Than Ever, But FTX Won't Be The Last To Fail - BitMEX's Arthur Hayes<\/a><\/p>\n\n\n\n This historic Bitcoin<\/a> is one of 201 diverse payloads, including contributions from governments, educational institutions, and NASA\u2019s Commercial Lunar Payload Services initiative. Uniquely marked with both a public address and a private key, this Bitcoin represents the first financial asset on the Moon.<\/p>\n\n\n\n BitMEX envisions a future where this lunar Bitcoin serves as an interactive beacon for the crypto community. By leaving Bitcoin on the Moon with Peregrine, BitMEX invites people, both on Earth and potentially in space, to engage with it, sending personal messages and satoshis, thereby extending the reach of cryptocurrency beyond our planet.<\/p>\n","post_title":"BitMEX Launches First Bitcoin To The Moon","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitmex-launches-first-bitcoin-to-the-moon","to_ping":"","pinged":"","post_modified":"2024-01-06 18:48:55","post_modified_gmt":"2024-01-06 07:48:55","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=14896","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":14824,"post_author":"15","post_date":"2024-01-04 01:41:48","post_date_gmt":"2024-01-03 14:41:48","post_content":"\n South Korea's Anti-Corruption and Civil Rights Commission unveiled that members of the country's National Assembly engaged in cryptocurrency. According to a recent investigation<\/a>, the total transactions traded nearly $100 million over three years. This revelation follows an extensive three-month scrutiny of digital asset trades made by the 298 current members of the parliament between May 2020 and May 2023.<\/p>\n\n\n\n The comprehensive probe discovered that 18 of the 298 legislators had been active in the crypto market. Interestingly, the lion\u2019s share of the trading volume, nearly $97.6 million (125.6 billion Korean won), was dominated by just 11 lawmakers.<\/p>\n\n\n\n The report highlighted Bitcoin as the preferred choice among South Korean legislators, with their portfolios featuring a diverse array of over 100 different cryptocurrencies, including the likes of Bitcoin. This preference aligns with global trends where Bitcoin remains a primary choice for many investors.<\/p>\n\n\n\n See Related:<\/em><\/strong> South Korea Mandates Exchanges To Pay Crypto Interest On Customer Deposits<\/a><\/p>\n\n\n\n After a scandal in May 2023 when a member of the local Democratic Party\u00a0came under fire<\/a>\u00a0for undeclared holdings of at least $4.5 million in Wemix (WEMIX) tokens, the South Korean government\u00a0<\/a>voted unanimously to oblige civil servants\u2019 mandatory disclosure<\/a>\u00a0of crypto assets.<\/p>\n\n\n\n Starting in 2024, approximately 6,000 government officials will be required to disclose their cryptocurrency holdings. This will be facilitated through the Public Official Ethics System. Additionally, five major South Korean crypto exchanges \u2013 Upbit, Bithumb, Coinone, Korbit, and Gopax \u2013 are set to introduce new systems to ease the process of registering information about crypto holdings.<\/p>\n","post_title":"South Korean Politicians\u2019 Crypto Trades Totalling $100M Uncovered","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"south-korean-politicians-crypto-trades-totalling-100m-uncovered","to_ping":"","pinged":"","post_modified":"2024-01-04 01:47:34","post_modified_gmt":"2024-01-03 14:47:34","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=14824","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
Mandatory Disclosure Law<\/h2>\n\n\n\n
Mandatory Disclosure Law<\/h2>\n\n\n\n
Mandatory Disclosure Law<\/h2>\n\n\n\n
Mandatory Disclosure Law<\/h2>\n\n\n\n
Mandatory Disclosure Law<\/h2>\n\n\n\n
Mandatory Disclosure Law<\/h2>\n\n\n\n
Why send Bitcoin to the moon?<\/h2>\n\n\n\n
Mandatory Disclosure Law<\/h2>\n\n\n\n
Why send Bitcoin to the moon?<\/h2>\n\n\n\n
Mandatory Disclosure Law<\/h2>\n\n\n\n
Why send Bitcoin to the moon?<\/h2>\n\n\n\n
Mandatory Disclosure Law<\/h2>\n\n\n\n
Why send Bitcoin to the moon?<\/h2>\n\n\n\n
Mandatory Disclosure Law<\/h2>\n\n\n\n
Why send Bitcoin to the moon?<\/h2>\n\n\n\n
Mandatory Disclosure Law<\/h2>\n\n\n\n
Why send Bitcoin to the moon?<\/h2>\n\n\n\n
Mandatory Disclosure Law<\/h2>\n\n\n\n
Why send Bitcoin to the moon?<\/h2>\n\n\n\n
Mandatory Disclosure Law<\/h2>\n\n\n\n
Why send Bitcoin to the moon?<\/h2>\n\n\n\n
Mandatory Disclosure Law<\/h2>\n\n\n\n
Why send Bitcoin to the moon?<\/h2>\n\n\n\n
Mandatory Disclosure Law<\/h2>\n\n\n\n
Bitwise's Take<\/h2>\n\n\n\n
Why send Bitcoin to the moon?<\/h2>\n\n\n\n
Mandatory Disclosure Law<\/h2>\n\n\n\n
Bitwise's Take<\/h2>\n\n\n\n
Why send Bitcoin to the moon?<\/h2>\n\n\n\n
Mandatory Disclosure Law<\/h2>\n\n\n\n
Bitwise's Take<\/h2>\n\n\n\n
Why send Bitcoin to the moon?<\/h2>\n\n\n\n
Mandatory Disclosure Law<\/h2>\n\n\n\n