Elon Musk-owned SpaceX gets paid in Dogecoin for new mission
The global crypto market cap is $2.47 trillion with a 24-hour volume of $233.52 billion. The price of Bitcoin is $57,655.86 and the BTC dominance is at 43.7%.
by Shaurya Malwa
If you said Dogecoin would be accepted by one of the world’s largest private space companies last year….well, no one would have actually said that.
Except that today it became a reality. SpaceX, the Elon Musk-owned space exploration and transportation company will be paid entirely in Dogecoin for a commercial payload to the moon on its Falcon 9 rocket.
“SpaceX launching satellite Doge-1 to the moon next year. Mission paid for in Doge. 1st crypto in space. 1st meme in space,” wrote Musk on Twitter, attaching a “To the Moon” song featuring a Shiba Inu dog.
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Cryptocurrency exchange Binance quickly jumped on the sudden Shiba Inu (SHIB) bandwagon today, listing the much-hyped canine token in the “Innovation Zone” and adding the corresponding perpetual contracts to its futures platform.
Major Swiss investment banking company UBS is currently in the “early stages of planning” to offer its rich clients some options to invest in cryptocurrencies, knowledgeable sources told Bloomberg today.
Ethereum broke the $4,000 level this morning ahead of the upcoming Ethereum Improvement Proposal (EIP)-1559 in July, data from multiple sources show.
Barry Silbert, founder and CEO of crypto investment giant Grayscale Investments’ parent company Digital Currency Group (DCG), revealed that his firm has opened a $1 million short position on Dogecoin (DOGE), betting on the token’s decline.
The price of Shiba Inu (SHIB), a previously obscure token created to ape Dogecoin’s (DOGE) success, has surged by an astounding 32,500% over the past 30 days, resulting in a trading craze that congested Ethereum’s (ETH) blockchain and pushed transaction fees to prohibitively high levels yesterday.
Tesla CEO Elon Musk took to the popular Saturday Night Live (SNL) show a few hours ago as millions of viewers expected him to comment on Dogecoin, the world’s fifth-largest cryptocurrency.
An exploit in non-fungible token (NFT) platform Meebits, created by the developers of “OG” collectibles CryptoPunks, allowed one user to cheat the system and get an ultra-rare NFT—which he immediately sold for 200 Ethereum (around $765,000 currently).
John Dalby, now-former chief financial officer at investment company Bridgewater Associates, has been appointed as the CFO of Bitcoin (BTC) financial services firm New York Digital Investment Group (NYDIG).
Canadian publicly listed payment technology company Nuvei has announced its plans to buy crypto payments processor Simplex, which recently became a member of the Visa network, for $250 million.
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