Bitget LaunchX to Support Jambo’s $5 Million Fundraising for Satellite Launch Program

VICTORIA, Seychelles, Jan. 17, 2025 (GLOBE NEWSWIRE) — Bitget, the leading cryptocurrency exchange and Web3 company, is proud to announce the upcoming LaunchX event for Jambo, the world’s largest on–chain mobile network. Jambo aims to raise $5 million through a token sale on Bitget LaunchX to fund its ambitious satellite launch program, an initiative designed to connect a global network of JamboPhones and expand access to decentralized services.

Jambo is a global leader in the blockchain ecosystem through its $99 crypto–native smartphone, the JamboPhone. With over 700,000 units sold in 2024 alone, the company is at the forefront of bringing Web3 technologies to emerging markets. The satellite program is the next phase to vertically integrate borderless data access to JamboPhone users around the world.

The JamboPhone is an affordable, high–spec device pre–installed with Web3 applications, enabling users to engage in decentralized finance, gaming, and earning opportunities. With its satellite program, Jambo is taking its ecosystem to the next level by securing uninterrupted user data access, even in remote areas with limited internet connectivity.

LaunchX is Bitget’s premier token launch platform, enabling users to access early–stage crypto projects with strong fundamentals and innovative goals. By participating in LaunchX, users not only gain access to promising tokens but also contribute to the advancement of revolutionary technologies.

Gracy Chen, CEO of Bitget, remarked: “Jambo’s vision of connecting the world through blockchain and mobile innovation aligns perfectly with our plan to support transformative projects. By facilitating Jambo’s satellite program through LaunchX, we aim to empower their efforts in bridging the digital divide and unlocking the potential of Web3 for emerging markets. This is a testament to Bitget’s commitment to enabling projects that drive long–term value for the global crypto ecosystem.”

Jambo’s satellite launch initiative represents a bold move to integrate its connectivity infrastructure vertically. The program seeks to provide reliable internet access to over 3 billion people who currently lack connectivity, empower crypto adoption through consistent data access, and future–proof its network for the growing demands of the decentralized world.

“By owning our connectivity infrastructure, we can ensure that our users always stay connected to the decentralized economy,” said James Zhang, CEO of Jambo. “The satellite program not only strengthens the JamboPhone’s competitive edge but also creates new possibilities for blockchain–based mobile applications, from decentralized validators to peer–to–peer networking.”

Jambo ($J) is the second project featured on Bitget LaunchX, following the successful launch of Fuel Network ($FUEL), which raised its target of $5.5 million with overwhelming interest, receiving a total commitment of over 400 million USDT from 141,430 participants.

The Jambo ($J) token lies at the heart of Jambo’s ecosystem, offering rewards, discounts, and payouts that fuel the decentralized economy envisioned by the company. Through Bitget LaunchX, users can join this pioneering initiative and be part of a journey that merges blockchain, hardware, and connectivity.

For more details on how to participate in the LaunchX event for Jambo, visit here.

About Bitget

Established in 2018, Bitget is the world's leading cryptocurrency exchange and Web3 company. Serving over 45 million users in 150+ countries and regions, the Bitget exchange is committed to helping users trade smarter with its pioneering copy trading feature and other trading solutions, while offering real–time access to Bitcoin priceEthereum price, and other cryptocurrency prices. Formerly known as BitKeep, Bitget Wallet is a world–class multi–chain crypto wallet that offers an array of comprehensive Web3 solutions and features including wallet functionality, token swap, NFT Marketplace, DApp browser, and more.
Bitget is at the forefront of driving crypto adoption through strategic partnerships, such as its role as the Official Crypto Partner of the World's Top Football League, LALIGA, in EASTERN, SEA and LATAM market, as well as a global partner of Turkish National athletes Buse Tosun Çavuşoğlu (Wrestling world champion), Samet Gümüş (Boxing gold medalist) and İlkin Aydın (Volleyball national team), to inspire the global community to embrace the future of cryptocurrency.

For more information, visit: WebsiteTwitterTelegramLinkedInDiscordBitget Wallet
For media inquiries, please contact: media@bitget.com

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Africa & Europe Must Join Forces to Protect Our Ocean by Pressing Pause on Deep Sea Mining

Marine life photographed on National Oceanic and Atmospheric Administration (NOAA) survey of deep-sea habitats. Credit: NOAA

By Nancy Karigithu and Pascal Lamy
DAVOS, Switzerland, Jan 17 2025 – Deep-sea mining may not be on the official agenda next week at the World Economic Forum in Davos (January 20-24), but restoring public trust in international cooperation is.

Perhaps the most significant commitment African and European leaders can make here to restore trust in their ability to solve complicated problems, and one that safeguards our planet’s health and interconnected ocean, is to call for a pause on deep-sea mining in international waters.

As co-chairs of the Africa-Europe Strategy Group on Ocean Governance, an initiative of the European Commission, in partnership with the African Union Commission, and facilitated by the Africa-Europe Foundation, we have already begun discussing how both continents could benefit from greater collaboration in fisheries management, marine pollution, and habitat protection, especially in the face of climate change.

Now, with Global North mining corporations pushing the International Seabed Authority (ISA) to approve commercial deep-sea mining in 2025 with no agreed regulations and no environmental safeguards, we must urgently turn our attention and global influence to the ocean floor.

Already, permits have been granted to prospect for potato-sized polymetallic nodules that contain elements like cobalt and nickel. Unfortunately, the mining process amounts to dragging bulldozers across the seafloor thousands of meters below the surface and vacuuming the nodules back up to ships where they are cleaned with high-pressure hoses, leaving vast clouds of silt in their wakes.

Scientists have increasingly been sounding the alarm about the potential impacts of the operations on fragile marine habitats, with the likelihood that deep-sea mining could irreversibly destroy species and ecosystems.

Once thought to be nearly devoid of life, and contrary to the traditional knowledge of indigenous and coastal communities, new research has revealed an environment teeming with numerous species of fish, squid, and crustaceans (many only recently discovered) that play an essential role in the wider global ocean system, including African and European fisheries.

Other research suggests that disturbing seabed sediments could disrupt our planet’s largest carbon sink and potentially release carbon into the atmosphere and compound the climate crisis when we can least afford it.

Both continents depend on a healthy marine environment for fisheries, tourism and food security. Yet, even as they struggle to manage unprecedented pressures from over-exploitation, rapidly warming waters, pollution and acidification, deep-sea mining looms as a potentially catastrophic threat with far-reaching impacts that do not recognize national borders.

Proponents of the mining, possibly even some in Davos, argue that it is necessary to satisfy growing demand for batteries used in the burgeoning electric vehicle market. But with research suggesting that deep-sea metals are not needed to fuel the green transition, including the astronomical costs and growing liabilities with the industry, companies have already begun moving away from the industry to invest in alternatives, including innovative battery chemistries and recycled materials.

It is unlikely that deep-sea mining would ever be profitable without large government subsidies that could be better spent on improved refining and processing capacity, renewable technologies and energy efficiency.

Given these enormous risks (and questionable benefits), an Africa-Europe led pause on deep-sea mining is simply a prudent application of the precautionary approach that has guided marine conservation and international environmental treaties for decades. It would also align with key principles set out in the UN High Seas Treaty, such as conservation, sustainable use and benefit sharing.

Moreover, it would lay the groundwork for even greater collaboration, including ocean research initiatives, marine genetic resources found in the deep ocean, ocean planning, applied local community and indigenous knowledge, and the establishment of dedicated research institutions that draw on the immense talent and experience available in both continents.

Political momentum against deep-sea mining is building. Today, 32 countries have announced their support for a moratorium, a precautionary pause, or an outright ban, joined also by scores of indigenous and civil society groups, major companies, financial institutions, science and policy experts from around the world. .

If we have learned one lesson from working on global challenges over the past few decades it is how enormously difficult it is to bring about change once powerful interests become entrenched. This year, deep-sea mining corporations are pressuring the ISA to approve full-scale commercial operations.

Without immediate action from world leaders at Davos, deep-sea mining and its destruction, could become entrenched for decades. Africa and Europe have a unique opportunity to demonstrate the value of international cooperation by stopping this harmful practice before it starts.

Pascal Lamy, Co-chair of the Africa-Europe Strategy Group on Ocean Governance, Vice-President of the Paris Peace Forum, Former Director-General of the World Trade Organisation, and Former European Commissioner on Trade Commissioner; and Ambassador Nancy Karigithu, Co-chair of the Africa-Europe Strategy Group on Ocean Governance, Kenya’s Ambassador and Special Envoy & Advisor to the President on Maritime and Blue Economy and former Principal Secretary for Shipping and Maritime Affairs for the Government of Kenya.

IPS UN Bureau

 


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Journalists Behind Bars: China, Israel & Myanmar the Worst Offenders in 2024

Credit: Committee to Protect Journalists (CPJ)

By Thalif Deen
UNITED NATIONS, Jan 17 2025 – The year 2024 has been one of the most devastating for journalists covering conflicts worldwide– with 361 behind bars, the second highest since the global record of 370 imprisoned back in 2023.

According to a new report released January 16, by the New York-based Committee to Protect Journalists (CPJ), China, Israel, and Myanmar were the leading jailers of reporters, followed by Belarus and Russia.

The main drivers of journalist imprisonment in 2024 were ongoing authoritarian repression, war, and political or economic instability. Many countries, including China, Israel, Tunisia, and Azerbaijan, set new records for imprisonment.

“These numbers should be a wake-up call for us all,” said CPJ CEO Jodie Ginsberg. “A rise in attacks on journalists almost always precedes a rise in attacks on other freedoms – the freedom to give and receive information, the freedom to assemble and move freely, the freedom to protest.”

“These journalists are being arrested and punished for exposing political corruption, environmental degradation, financial wrongdoing – all issues that matter to our day-to-day lives.”

Asia remained the region with the highest number of journalists behind bars in 2024, accounting for more than 30% (111) of the global total.

In addition to the leading jailers – China, Myanmar, and Vietnam – journalists were also behind bars in Afghanistan, Bangladesh, India, and the Philippines.

A total of 108 journalists were imprisoned in the Middle East and North Africa, almost half of those detained by Israel.

Last year, U.N. legal experts determined that Israel violated international law in its detention of three Palestinian journalists. CPJ has previously called on Israel to investigate the cases of these and others held in Israeli custody for lengthy periods without charge, hold accountable those responsible for these rights violations, and provide compensation to journalists who have been arbitrarily detained.

Dr Ramzy Baroud, an author, a syndicated columnist, editor of Palestine Chronicle & a Senior Research Fellow at Center for Islam and Global Affairs (CIGA), told IPS while the report by the CPJ highlights the alarming state of global press freedom, it doesn’t fully capture the scale of the situation.

Israel’s treatment of Palestinian journalists is particularly egregious. Over 200 journalists have been killed, hundreds more injured, and many have been jailed and tortured. This makes Israel one of the leading violators of press freedom in the world, he pointed out.

“It’s important to recognize that the targeting of journalists is part of a broader pattern of repression against freedom of expression. These actions reflect a systemic denial of basic human and civil rights.”

What is especially disturbing in the case of Israel is the lack of accountability. Unlike other countries where press freedom is violated, Israel faces little scrutiny or consequence for the murders, detentions, and torture of journalists. Many Western political leaders continue to hold Israel up as a model of freedom and democracy, despite these serious violations, he argued.

Such reports must go beyond mere documentation and demand real accountability. Pressure must be placed on all relevant parties to hold those responsible for violating press freedom accountable, ensuring this issue isn’t confined to occasional press releases but leads to tangible action, declared Dr Baroud.

Dr James Jennings, President, Conscience International, told IPS dictators and tyrannical governments use disinformation as their stock in trade. They realize that controlling newspapers, television, and the Internet are vital to their survival.

“That makes it dangerous to be a journalist in such countries for simply telling the truth”.

He pointed out honest reporting can get you arrested in Russia, kicked out of Israel, and jailed in China, Egypt, Belarus, and many other countries. Telling the true story sometimes means that journalists are liable to be killed as has happened frequently in Gaza over the past 15 months.

“It’s a great time to be an autocrat. Savvy politicians realize that they can reach the hearts and minds of people directly through their hand-held communication devices. “Flooding the Zone” with lies is easy. Searching for and prying out the truth in a messy situation is much more difficult, but that’s exactly the job of reporters.

If, as is often said, journalism is the first draft of history, then every country will benefit by honoring and protecting journalists. Instead, today they may get lengthy punishments, said Dr Jennings.

According to CPJ, pervasive censorship in China, for years one of the world’s top jailers of journalists, makes it notoriously difficult to determine the exact number of journalists jailed there.

However, jailings are not limited to the mainland, traditionally considered highly repressive. Those jailed include British citizen and Hong Kong-based entrepreneur Jimmy Lai, founder of the pro-democracy Apple Daily newspaper, who has been held in solitary confinement in Hong Kong since 2020 and is currently on trial on retaliatory charges of collusion with foreign forces.

Outside of Belarus (31) and Russia (30), Azerbaijan’s (13) continued crackdown on independent media made it one of the leading jailers of journalists in Europe and Central Asia in 2024. Turkey (11) is no longer among the top jailers of journalists but pressure on independent media remains high.

This is also the case in Africa and Latin America and the Caribbean, where the number of jailings is lower than in other regions but where threats against journalism persist. Mexico, for example, has no journalists in jail but is one of the most dangerous places to be a journalist outside a war zone.

In Nigeria, with four journalists behind bars on December 1, dozens of journalists were attacked and detained as they sought to cover protests and civil unrest. Senegal, which held one journalist in prison on the 2024 census date, also arrested and assaulted journalists covering political protests.

Globally, CPJ found that more than 60% – 228 – of the imprisoned journalists faced broad anti-state charges, including often-vague charges of terrorism or extremism in countries including Myanmar, Russia, Belarus, Tajikistan, Ethiopia, Egypt, Venezuela, Turkey, India, and Bahrain. These accusations were commonly leveled against reporters from marginalized ethnic groups whose work focused on their communities.

Tackling journalist imprisonment is a key focus for CPJ, which provides journalists with financial support to cover the cost of legal fees, as well as resources to help journalists and newsrooms better prepare for or mitigate threats of legal harassment and action. The organization also makes concerted efforts to advocate for the release of journalists whose cases could revert or stem the tide of criminalization.

IPS UN Bureau Report

 


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