Binance Launchpad is a pioneering platform for Initial Exchange Offerings (IEOs), which has transformed crypto crowdfunding by providing a secure and efficient environment for crypto projects to raise capital.
Binance Launchpad ensures protection for users and projects by offering robust security measures during token sales. It supports growth by giving projects exposure to its millions of global users, ensuring substantial and the availability of multiple trading pairs after the launch.
In addition to facilitating token sales, Binance Launchpad provides support from Binance’s listing and investment teams. They carefully evaluate applications to ensure only the most promising projects are launched. As such, crypto projects can benefit from launching their tokens within a trusted platform, leveraging Binance’s reputation as the leading global exchange.
Token sales on Binance Launchpad operate on a subscription-based model. Participants need to commit a specific amount of BNB to the token sale. To participate in a token sale on Binance Launchpad as an early contributor, individuals must hold BNB in their Binance wallet and subscribe to the sale during the designated subscription period. 
Launchpad token sales are structured in a straightforward way. The sale process spans several days, beginning with the BNB Holding Calculation Period and ending with the Final Token Distribution. Additionally, the token sale pages provide access to essential resources such as the project's website, whitepaper, and research report. They also offer details on the sale rules and a frequently asked questions (FAQ) section to guide participants through the token sale.
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According to CryptoPotato, recent data from Arkham indicates that the top five identified crypto whales, with publicly known wallet addresses, collectively hold approximately $3.5 billion in digital assets. However, some of these whales are unable to access their digital wealth due to lost passwords to their digital wallets. Among these are prominent industry figures such as TRON’s Justin Sun, LHV Bank’s Rain Lõhmus, Ethereum’s Vitalik Buterin, former Ripple CTO Stefan Thomas, and crypto venture capitalist James Fickel.

Rain Lõhmus and Stefan Thomas are in a unique situation, unable to access their holdings, which currently stand at around $793 million and $452 million, respectively. This represents about 35% or $1.24 billion of the total holdings of the top five identified whales. Private keys, which serve as the digital signature granting access to users’ crypto holdings, are the sole means of control and ownership over these funds. Therefore, losing these keys results in a virtual lockout from one's assets, making them effectively inaccessible and irretrievable.

Many individuals have held these funds since the inception of Bitcoin ten years ago, a time when there was little confidence in the crypto industry's potential value. Lõhmus, for instance, allegedly misplaced his private keys, leaving him unable to access his funds. He admitted to owning a wallet containing 250,000 ETH, which he earned during ICO 2014, but has not made any effort to retrieve it. He has, however, expressed willingness to consider offers from experts who might assist him in reclaiming his lost cryptocurrency wealth.

Former Ripple executive Thomas, who received 7,002 BTC in 2011 as payment for creating an educational video about Bitcoin, also lost access to his funds after forgetting the password to an IronKey encrypted hard drive containing the private keys. Crypto security experts at Unciphered offered potential assistance in October 2023, claiming they could bypass Thomas’s IronKey and help him regain access to his Bitcoin fortune. However, Thomas declined Unciphered’s help and instead reportedly engaged two other teams – cybersecurity firm Naxo and independent researcher Chris Tarnovsky – offering them rewards for unlocking the drive. There’s been no news of success from these parties so far.

According to U.Today, Shytoshi Kusama, the enigmatic leader of Shiba Inu, recently addressed the SHIB community, discussing a significant new collaboration and the burning of hundreds of millions of meme coins. Kusama revealed that the SHIB team has initiated a partnership with the Content Delivery Security Association (CDSA). This collaboration aims to explore the potential of blockchain technology in the media and entertainment sectors.

Kusama stated, 'We look forward to providing a unique and blockchain-first perspective to CDSA’s work in helping media and entertainment executives better utilize these innovative technologies, especially as blockchain and artificial intelligence converge.' The CDSA, an international nonprofit organization established in 1970, focuses on best practices for the delivery and storage of information technology, entertainment, and software. It emphasizes content security, protection, and authenticity.

With SHIB joining CDSA, the organization is expected to enhance its focus and benefit from the SHIB team’s insights and expertise on using blockchain technology. In other news, Kusama also extended holiday greetings to the SHIB community and invited them to the upcoming Blockchain Life Forum in Dubai, where the SHIB team will showcase their work.

In the past week, the SHIB community has reportedly burned nearly 300 million meme coins, specifically 272,441,541 SHIB, increasing the overall weekly burn rate by 13.2%. In the last 24 hours, the Shiba Inu community has burned a further 3,044,312 SHIB, sending them to unspendable blockchain wallets, resulting in a 95.54% decrease in the burn rate. On Thursday, this metric surged by 48,554%, with 87,760,994 SHIB locked in unspendable wallets.