The Peregrine spacecraft, originally planned to land on the moon, is on a re-entry trajectory. Peregrine is currently about 234,000 miles away from the Earth and is expected to burn up in the Earth's atmosphere. Astrobotic, the company responsible for the project, will hold a press conference with NASA on January 18 to announce the details of the Peregrine crash.
As previously reported, Peregrine was launched from Canaveral Air Force Base in Florida on January 8, and the aircraft carried a physical Bitcoin. BitMEX, in cooperation with multiple companies, plans to send Bitcoin to the moon, aiming to demonstrate the potential of Bitcoin and blockchain technology in establishing a borderless financial system beyond the earth. It was originally planned to arrive on the moon on February 23.
This is also the first Western soft landing mission on the moon since NASA's Apollo 17 mission in 1972.