ChainCatcher news, according to The Block, blockchain development and research company Peregrine Exploration has completed a $3.6 million financing round, led by Polychain Capital and Dragonfly, with participation from Robot Ventures, Pier Two, EIV, and Global Coin Research, as well as angel investors such as Balaji Srinivasan, Jeff Fang, Julian Koh, and Sidney Powell.It is reported that the new funds will be used to develop a stablecoin protocol called Level.

ChainCatcher news, the Peregrine lander, originally planned to land on the Moon, is currently on a re-entry trajectory. The Peregrine is approximately 234,000 miles from 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's crash.ChainCatcher previously reported that BitMEX will send Bitcoin to the Moon from Cape Canaveral Space Force Station in Florida at 02:18 AM EST on January 8 (14:28 Beijing time). This mission, in collaboration with Astrobotic, Bitcoin Magazine, and Oxcart Assembly, aims to demonstrate the potential of Bitcoin and blockchain technology in establishing a borderless financial system beyond Earth.