\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"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

Why send Bitcoin to the moon?<\/h2>\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"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\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

Why send Bitcoin to the moon?<\/h2>\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"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\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

Why send Bitcoin to the moon?<\/h2>\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"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\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

Why send Bitcoin to the moon?<\/h2>\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"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\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

Why send Bitcoin to the moon?<\/h2>\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"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

Nationwide's proposed acquisition of Virgin Money, if successful, would mark the end of the Virgin Money brand, signaling a significant shift in the UK banking landscape. While branding arrangements posed initial hurdles, Nationwide's intention to phase out the Virgin brand over six years suggests a decisive move towards consolidation.<\/p>\n","post_title":"Nationwide Shakes Up British Banking Sector With \u00a32.9B Virgin Money Takeover Bid","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"nationwide-shakes-up-british-banking-sector-with-2-9b-virgin-money-takeover-bid","to_ping":"","pinged":"","post_modified":"2024-03-11 00:07:39","post_modified_gmt":"2024-03-10 13:07:39","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=15801","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

Why send Bitcoin to the moon?<\/h2>\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"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

Despite its ambitions, Virgin Money faced challenges, with plans to shut down one in five branches by 2021 as customer preferences shifted online. The bank's community-focused approach, once a hallmark of its brand, faced the reality of changing consumer behavior.<\/p>\n\n\n\n

Nationwide's proposed acquisition of Virgin Money, if successful, would mark the end of the Virgin Money brand, signaling a significant shift in the UK banking landscape. While branding arrangements posed initial hurdles, Nationwide's intention to phase out the Virgin brand over six years suggests a decisive move towards consolidation.<\/p>\n","post_title":"Nationwide Shakes Up British Banking Sector With \u00a32.9B Virgin Money Takeover Bid","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"nationwide-shakes-up-british-banking-sector-with-2-9b-virgin-money-takeover-bid","to_ping":"","pinged":"","post_modified":"2024-03-11 00:07:39","post_modified_gmt":"2024-03-10 13:07:39","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=15801","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

Why send Bitcoin to the moon?<\/h2>\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"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

Virgin Money's stock market debut in 2014 yielded modest returns, and in 2018, Clydesdale and Yorkshire Banking Group acquired Virgin Money in a 1.7 billion pound deal. The rebranded entity, Virgin Money, aimed to compete with larger rivals, leveraging Branson's renowned brand for growth.<\/p>\n\n\n\n

Despite its ambitions, Virgin Money faced challenges, with plans to shut down one in five branches by 2021 as customer preferences shifted online. The bank's community-focused approach, once a hallmark of its brand, faced the reality of changing consumer behavior.<\/p>\n\n\n\n

Nationwide's proposed acquisition of Virgin Money, if successful, would mark the end of the Virgin Money brand, signaling a significant shift in the UK banking landscape. While branding arrangements posed initial hurdles, Nationwide's intention to phase out the Virgin brand over six years suggests a decisive move towards consolidation.<\/p>\n","post_title":"Nationwide Shakes Up British Banking Sector With \u00a32.9B Virgin Money Takeover Bid","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"nationwide-shakes-up-british-banking-sector-with-2-9b-virgin-money-takeover-bid","to_ping":"","pinged":"","post_modified":"2024-03-11 00:07:39","post_modified_gmt":"2024-03-10 13:07:39","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=15801","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

Why send Bitcoin to the moon?<\/h2>\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"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

Virgin Money's Stock Market Debut<\/h2>\n\n\n\n

Virgin Money's stock market debut in 2014 yielded modest returns, and in 2018, Clydesdale and Yorkshire Banking Group acquired Virgin Money in a 1.7 billion pound deal. The rebranded entity, Virgin Money, aimed to compete with larger rivals, leveraging Branson's renowned brand for growth.<\/p>\n\n\n\n

Despite its ambitions, Virgin Money faced challenges, with plans to shut down one in five branches by 2021 as customer preferences shifted online. The bank's community-focused approach, once a hallmark of its brand, faced the reality of changing consumer behavior.<\/p>\n\n\n\n

Nationwide's proposed acquisition of Virgin Money, if successful, would mark the end of the Virgin Money brand, signaling a significant shift in the UK banking landscape. While branding arrangements posed initial hurdles, Nationwide's intention to phase out the Virgin brand over six years suggests a decisive move towards consolidation.<\/p>\n","post_title":"Nationwide Shakes Up British Banking Sector With \u00a32.9B Virgin Money Takeover Bid","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"nationwide-shakes-up-british-banking-sector-with-2-9b-virgin-money-takeover-bid","to_ping":"","pinged":"","post_modified":"2024-03-11 00:07:39","post_modified_gmt":"2024-03-10 13:07:39","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=15801","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

Why send Bitcoin to the moon?<\/h2>\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"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

See Related: <\/strong>Ankr Partners With Pocket Network to Propel Web3 Into a New Era of Truly Decentralized Infrastructure<\/a><\/p>\n\n\n\n

Virgin Money's Stock Market Debut<\/h2>\n\n\n\n

Virgin Money's stock market debut in 2014 yielded modest returns, and in 2018, Clydesdale and Yorkshire Banking Group acquired Virgin Money in a 1.7 billion pound deal. The rebranded entity, Virgin Money, aimed to compete with larger rivals, leveraging Branson's renowned brand for growth.<\/p>\n\n\n\n

Despite its ambitions, Virgin Money faced challenges, with plans to shut down one in five branches by 2021 as customer preferences shifted online. The bank's community-focused approach, once a hallmark of its brand, faced the reality of changing consumer behavior.<\/p>\n\n\n\n

Nationwide's proposed acquisition of Virgin Money, if successful, would mark the end of the Virgin Money brand, signaling a significant shift in the UK banking landscape. While branding arrangements posed initial hurdles, Nationwide's intention to phase out the Virgin brand over six years suggests a decisive move towards consolidation.<\/p>\n","post_title":"Nationwide Shakes Up British Banking Sector With \u00a32.9B Virgin Money Takeover Bid","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"nationwide-shakes-up-british-banking-sector-with-2-9b-virgin-money-takeover-bid","to_ping":"","pinged":"","post_modified":"2024-03-11 00:07:39","post_modified_gmt":"2024-03-10 13:07:39","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=15801","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

Why send Bitcoin to the moon?<\/h2>\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"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

In 2007, Virgin pursued a takeover of Northern Rock, a move that ultimately failed, leading to the bank's nationalization. However, in 2011, the British government sold Northern Rock to Virgin Money for close to 1 billion pounds, marking a significant milestone for Branson's financial ambitions.<\/p>\n\n\n\n

See Related: <\/strong>Ankr Partners With Pocket Network to Propel Web3 Into a New Era of Truly Decentralized Infrastructure<\/a><\/p>\n\n\n\n

Virgin Money's Stock Market Debut<\/h2>\n\n\n\n

Virgin Money's stock market debut in 2014 yielded modest returns, and in 2018, Clydesdale and Yorkshire Banking Group acquired Virgin Money in a 1.7 billion pound deal. The rebranded entity, Virgin Money, aimed to compete with larger rivals, leveraging Branson's renowned brand for growth.<\/p>\n\n\n\n

Despite its ambitions, Virgin Money faced challenges, with plans to shut down one in five branches by 2021 as customer preferences shifted online. The bank's community-focused approach, once a hallmark of its brand, faced the reality of changing consumer behavior.<\/p>\n\n\n\n

Nationwide's proposed acquisition of Virgin Money, if successful, would mark the end of the Virgin Money brand, signaling a significant shift in the UK banking landscape. While branding arrangements posed initial hurdles, Nationwide's intention to phase out the Virgin brand over six years suggests a decisive move towards consolidation.<\/p>\n","post_title":"Nationwide Shakes Up British Banking Sector With \u00a32.9B Virgin Money Takeover Bid","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"nationwide-shakes-up-british-banking-sector-with-2-9b-virgin-money-takeover-bid","to_ping":"","pinged":"","post_modified":"2024-03-11 00:07:39","post_modified_gmt":"2024-03-10 13:07:39","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=15801","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

Why send Bitcoin to the moon?<\/h2>\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"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

Richard Branson's foray into financial services began in 1995, expanding his empire beyond mobile phones and flights. Virgin Money offers a range of financial products in the UK, Australia, and South Africa, including credit cards, insurance, savings, and pensions.<\/p>\n\n\n\n

In 2007, Virgin pursued a takeover of Northern Rock, a move that ultimately failed, leading to the bank's nationalization. However, in 2011, the British government sold Northern Rock to Virgin Money for close to 1 billion pounds, marking a significant milestone for Branson's financial ambitions.<\/p>\n\n\n\n

See Related: <\/strong>Ankr Partners With Pocket Network to Propel Web3 Into a New Era of Truly Decentralized Infrastructure<\/a><\/p>\n\n\n\n

Virgin Money's Stock Market Debut<\/h2>\n\n\n\n

Virgin Money's stock market debut in 2014 yielded modest returns, and in 2018, Clydesdale and Yorkshire Banking Group acquired Virgin Money in a 1.7 billion pound deal. The rebranded entity, Virgin Money, aimed to compete with larger rivals, leveraging Branson's renowned brand for growth.<\/p>\n\n\n\n

Despite its ambitions, Virgin Money faced challenges, with plans to shut down one in five branches by 2021 as customer preferences shifted online. The bank's community-focused approach, once a hallmark of its brand, faced the reality of changing consumer behavior.<\/p>\n\n\n\n

Nationwide's proposed acquisition of Virgin Money, if successful, would mark the end of the Virgin Money brand, signaling a significant shift in the UK banking landscape. While branding arrangements posed initial hurdles, Nationwide's intention to phase out the Virgin brand over six years suggests a decisive move towards consolidation.<\/p>\n","post_title":"Nationwide Shakes Up British Banking Sector With \u00a32.9B Virgin Money Takeover Bid","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"nationwide-shakes-up-british-banking-sector-with-2-9b-virgin-money-takeover-bid","to_ping":"","pinged":"","post_modified":"2024-03-11 00:07:39","post_modified_gmt":"2024-03-10 13:07:39","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=15801","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

Why send Bitcoin to the moon?<\/h2>\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"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

Nationwide is planning to acquire Virgin Money for 2.9 billion pounds, potentially marking the end of an era for Richard Branson's brainchild. The proposed takeover, subject to conditions, signifies a significant shift<\/a> in the British banking landscape, as one of its iconic brands faces assimilation into the Nationwide fold, Reuters<\/em> reported.<\/p>\n\n\n\n

Richard Branson's foray into financial services began in 1995, expanding his empire beyond mobile phones and flights. Virgin Money offers a range of financial products in the UK, Australia, and South Africa, including credit cards, insurance, savings, and pensions.<\/p>\n\n\n\n

In 2007, Virgin pursued a takeover of Northern Rock, a move that ultimately failed, leading to the bank's nationalization. However, in 2011, the British government sold Northern Rock to Virgin Money for close to 1 billion pounds, marking a significant milestone for Branson's financial ambitions.<\/p>\n\n\n\n

See Related: <\/strong>Ankr Partners With Pocket Network to Propel Web3 Into a New Era of Truly Decentralized Infrastructure<\/a><\/p>\n\n\n\n

Virgin Money's Stock Market Debut<\/h2>\n\n\n\n

Virgin Money's stock market debut in 2014 yielded modest returns, and in 2018, Clydesdale and Yorkshire Banking Group acquired Virgin Money in a 1.7 billion pound deal. The rebranded entity, Virgin Money, aimed to compete with larger rivals, leveraging Branson's renowned brand for growth.<\/p>\n\n\n\n

Despite its ambitions, Virgin Money faced challenges, with plans to shut down one in five branches by 2021 as customer preferences shifted online. The bank's community-focused approach, once a hallmark of its brand, faced the reality of changing consumer behavior.<\/p>\n\n\n\n

Nationwide's proposed acquisition of Virgin Money, if successful, would mark the end of the Virgin Money brand, signaling a significant shift in the UK banking landscape. While branding arrangements posed initial hurdles, Nationwide's intention to phase out the Virgin brand over six years suggests a decisive move towards consolidation.<\/p>\n","post_title":"Nationwide Shakes Up British Banking Sector With \u00a32.9B Virgin Money Takeover Bid","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"nationwide-shakes-up-british-banking-sector-with-2-9b-virgin-money-takeover-bid","to_ping":"","pinged":"","post_modified":"2024-03-11 00:07:39","post_modified_gmt":"2024-03-10 13:07:39","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=15801","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

Why send Bitcoin to the moon?<\/h2>\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"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n
  • The financial institution was founded by the British billionaire Richard Branson.<\/li>\n<\/ul>\n\n\n\n

    Nationwide is planning to acquire Virgin Money for 2.9 billion pounds, potentially marking the end of an era for Richard Branson's brainchild. The proposed takeover, subject to conditions, signifies a significant shift<\/a> in the British banking landscape, as one of its iconic brands faces assimilation into the Nationwide fold, Reuters<\/em> reported.<\/p>\n\n\n\n

    Richard Branson's foray into financial services began in 1995, expanding his empire beyond mobile phones and flights. Virgin Money offers a range of financial products in the UK, Australia, and South Africa, including credit cards, insurance, savings, and pensions.<\/p>\n\n\n\n

    In 2007, Virgin pursued a takeover of Northern Rock, a move that ultimately failed, leading to the bank's nationalization. However, in 2011, the British government sold Northern Rock to Virgin Money for close to 1 billion pounds, marking a significant milestone for Branson's financial ambitions.<\/p>\n\n\n\n

    See Related: <\/strong>Ankr Partners With Pocket Network to Propel Web3 Into a New Era of Truly Decentralized Infrastructure<\/a><\/p>\n\n\n\n

    Virgin Money's Stock Market Debut<\/h2>\n\n\n\n

    Virgin Money's stock market debut in 2014 yielded modest returns, and in 2018, Clydesdale and Yorkshire Banking Group acquired Virgin Money in a 1.7 billion pound deal. The rebranded entity, Virgin Money, aimed to compete with larger rivals, leveraging Branson's renowned brand for growth.<\/p>\n\n\n\n

    Despite its ambitions, Virgin Money faced challenges, with plans to shut down one in five branches by 2021 as customer preferences shifted online. The bank's community-focused approach, once a hallmark of its brand, faced the reality of changing consumer behavior.<\/p>\n\n\n\n

    Nationwide's proposed acquisition of Virgin Money, if successful, would mark the end of the Virgin Money brand, signaling a significant shift in the UK banking landscape. While branding arrangements posed initial hurdles, Nationwide's intention to phase out the Virgin brand over six years suggests a decisive move towards consolidation.<\/p>\n","post_title":"Nationwide Shakes Up British Banking Sector With \u00a32.9B Virgin Money Takeover Bid","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"nationwide-shakes-up-british-banking-sector-with-2-9b-virgin-money-takeover-bid","to_ping":"","pinged":"","post_modified":"2024-03-11 00:07:39","post_modified_gmt":"2024-03-10 13:07:39","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=15801","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

    Why send Bitcoin to the moon?<\/h2>\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"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

    Most Read

    Subscribe To Our Newsletter

    By subscribing, you agree with our privacy and terms.

    Follow The Distributed

    ADVERTISEMENT
    \n
  • Virgin Money faces rebranding after the proposed takeover.<\/li>\n\n\n\n
  • The financial institution was founded by the British billionaire Richard Branson.<\/li>\n<\/ul>\n\n\n\n

    Nationwide is planning to acquire Virgin Money for 2.9 billion pounds, potentially marking the end of an era for Richard Branson's brainchild. The proposed takeover, subject to conditions, signifies a significant shift<\/a> in the British banking landscape, as one of its iconic brands faces assimilation into the Nationwide fold, Reuters<\/em> reported.<\/p>\n\n\n\n

    Richard Branson's foray into financial services began in 1995, expanding his empire beyond mobile phones and flights. Virgin Money offers a range of financial products in the UK, Australia, and South Africa, including credit cards, insurance, savings, and pensions.<\/p>\n\n\n\n

    In 2007, Virgin pursued a takeover of Northern Rock, a move that ultimately failed, leading to the bank's nationalization. However, in 2011, the British government sold Northern Rock to Virgin Money for close to 1 billion pounds, marking a significant milestone for Branson's financial ambitions.<\/p>\n\n\n\n

    See Related: <\/strong>Ankr Partners With Pocket Network to Propel Web3 Into a New Era of Truly Decentralized Infrastructure<\/a><\/p>\n\n\n\n

    Virgin Money's Stock Market Debut<\/h2>\n\n\n\n

    Virgin Money's stock market debut in 2014 yielded modest returns, and in 2018, Clydesdale and Yorkshire Banking Group acquired Virgin Money in a 1.7 billion pound deal. The rebranded entity, Virgin Money, aimed to compete with larger rivals, leveraging Branson's renowned brand for growth.<\/p>\n\n\n\n

    Despite its ambitions, Virgin Money faced challenges, with plans to shut down one in five branches by 2021 as customer preferences shifted online. The bank's community-focused approach, once a hallmark of its brand, faced the reality of changing consumer behavior.<\/p>\n\n\n\n

    Nationwide's proposed acquisition of Virgin Money, if successful, would mark the end of the Virgin Money brand, signaling a significant shift in the UK banking landscape. While branding arrangements posed initial hurdles, Nationwide's intention to phase out the Virgin brand over six years suggests a decisive move towards consolidation.<\/p>\n","post_title":"Nationwide Shakes Up British Banking Sector With \u00a32.9B Virgin Money Takeover Bid","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"nationwide-shakes-up-british-banking-sector-with-2-9b-virgin-money-takeover-bid","to_ping":"","pinged":"","post_modified":"2024-03-11 00:07:39","post_modified_gmt":"2024-03-10 13:07:39","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=15801","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

    Why send Bitcoin to the moon?<\/h2>\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"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

    Most Read

    Subscribe To Our Newsletter

    By subscribing, you agree with our privacy and terms.

    Follow The Distributed

    ADVERTISEMENT
    \n