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BlastUP Launchpad Achieves Milestone with BLASTUP Token Listing on Bitget and MEXC

Wednesday. August 21 at 5:30 AM

1 min. read

BlastUP's launchpad platform, the first on the Blast blockchain, reached a significant milestone by listing its native token, BLASTUP, on Bitget and MEXC. Following an $8 million presale and a successful token generation event, the listing on these centralized exchanges showcases market confidence in the project. Over 20,000 investors participated in the presale, contributing $8,095,148. This financial support fueled the platform's growth. The TGE on August 20 saw the official launch of BLASTUP on the Blast network, with trading starting on Bitget and MEXC. Bitget introduced incentives for BLASTUP holders, including staking opportunities and token giveaways. Holders can stake their tokens to access the IDO launchpad and earn rewards. BlastUP's roadmap includes exciting features like MemePad and BlastUP Shield. The recent burning of 30% of the total token supply aims to increase scarcity and boost the token's value in the market.

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Bitget and Jambo Partner for Satellite Launch Fundraising

Friday. January 17 at 3:00 PM

Bitget has teamed up with Jambo, a blockchain-based mobile network, to raise $5 million for a satellite launch. The goal is to expand access to decentralized services. Bitget, a major crypto exchange, is collaborating with Jambo, known as the 'WeChat of Africa,' to support transformative projects. Through Bitget's LaunchX platform, Jambo will launch its native token 'J' to enhance its DeFi ecosystem. The satellite launch aims to integrate Jambo's communication hardware, creating new opportunities. Bitget, which recently burned 800 million tokens to stabilize its value, could gain significant visibility from this partnership. Additionally, Bitget is eyeing expansion into global markets and considering Lithuania as a hub for MiCA compliance. While the $5 million fundraising target may not be sufficient for a satellite launch, Jambo is exploring additional funding options. This collaboration underscores the shared vision of connecting the world through blockchain and mobile innovation.

ICO (Initial Coin Offering)

eToro Files for IPO in the US

Thursday. January 16 at 11:00 PM

Cryptocurrency-friendly trading platform eToro has reportedly submitted confidential filings to the US Securities and Exchange Commission (SEC) for an initial public offering (IPO) in New York. The potential IPO, valued at over $5 billion, could see eToro listed in New York by the second quarter of 2025. Despite the UK being its primary market, eToro aims to broaden its investor base through a US listing. The company, founded in 2007, offers a range of trading services including stocks and cryptocurrencies. In 2019, eToro expanded its crypto offerings in the US, supporting various tokens. Following a settlement with the US SEC in September 2024, eToro ceased trading for most crypto assets. Banks like Goldman Sachs and Jefferies are reportedly assisting eToro with its IPO plans. eToro declined to comment on the reports regarding its US IPO filing when approached by Cointelegraph.

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US Supreme Court Denies Binance Appeal in Class-Action Lawsuit

Tuesday. January 14 at 1:00 PM

The US Supreme Court has rejected an appeal from Binance and its founder, CZ, in a class-action lawsuit. Investors claimed the exchange sold unregistered tokens that lost value. Despite not having a physical HQ in the US, a lower court ruled US securities laws applied due to token purchases and transactions occurring in the US. Binance argued for a review, citing technological advancements enabling global market participation. The lawsuit, filed in 2020, alleges Binance sold unregistered securities. Legal issues escalated in 2023, with the SEC suing for securities violations. Binance settled for $4.3 billion for money laundering violations. Facing lawsuits in Canada and a $1.8 billion claim in the FTX bankruptcy estate, CZ was sentenced to prison for money laundering but released in September. Binance's legal battles continue, including allegations of laundering stolen crypto.

ICO (Initial Coin Offering)

Exploring Top Crypto Presales: BlockDAG, 5thScape, Wall Street Pepe, and Rexas Finance

Tuesday. January 14 at 9:00 AM

The cryptocurrency realm is filled with stories of sudden wealth, where timely investments can lead to massive profits. Presales provide an opportunity to invest in new coins at discounted rates, potentially resulting in significant gains. This article highlights the four most popular crypto presales: BlockDAG, 5thScape, Wall Street Pepe, and Rexas Finance. Each of these presales offers unique features and benefits that could pave the way for future success. BlockDAG, for instance, has quickly gained popularity due to its advanced technology and impressive fundraising. With a focus on security and scalability, BlockDAG aims to revolutionize the industry. Similarly, Wall Street Pepe, 5thScape, and Rexas Finance bring innovation to the table in their respective niches. Among these presales, BlockDAG stands out as a top contender, attracting significant attention and investment. As the crypto market continues to evolve, these presales present lucrative opportunities for investors seeking high returns.

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