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Celsius to Distribute $127 Million to Creditors Amid Ongoing Bankruptcy Proceedings Celsius, the embattled cryptocurrency lender, has announced plans to distribute $127 million to its creditors. However, the payout is subject to certain conditions and eligibility criteria. Eligible creditors will receive their share in Bitcoin (BTC), Ethereum (ETH), or US dollars (USD). Notably, recipients who opt for BTC or ETH must have a Coinbase account. Otherwise, they will automatically receive USD after November 9, 2024. The payout primarily benefits individuals classified under the Illiquid Recovery Rights category within Celsius's bankruptcy plan. A portion of the funds will also be allocated to address unforeseen issues. Former Celsius CEO Alex Mashinsky Faces Fraud Charges Meanwhile, Alex Mashinsky, Celsius's former CEO, is facing charges for market manipulation and fraud, including alleged misconduct related to the CEL token. A judge recently dismissed his attempt to dismiss two fraud charges. If convicted on all seven counts, Mashinsky could face up to 115 years in prison. His trial is scheduled for January 2025. The Aftermath of the 2022 Crypto Winter Celsius's bankruptcy is a lingering consequence of the 2022 crypto winter, which resulted in significant investor losses. While the payout provides some relief, it is a modest consolation compared to the substantial losses incurred. The crypto industry's ongoing struggles are underscored by high-profile cases like Celsius and BlockFi. In related news, law firms involved in crypto cases, such as Kirkland & Ellis, have reportedly earned substantial fees, totaling $120 million. Next Steps and Implications For creditors, the payout offers a measure of relief, albeit insufficient to compensate for their losses. As Mashinsky's trial approaches, the situation remains fluid. The crypto industry's path to recovery remains uncertain, with this development representing only a small step forward. Key Takeaways: - Celsius to distribute $127 million to creditors - Payout subject to eligibility criteria and conditions - Former CEO Alex Mashinsky faces fraud charges, with trial set for January 2025 - Crypto industry continues to grapple with aftermath of 2022 crypto winter

Celsius to Distribute $127 Million to Creditors Amid Ongoing Bankruptcy Proceedings Celsius, the embattled cryptocurrency lender, has announced plans to distribute $127 million to its creditors. However, the payout is subject to certain conditions and eligibility criteria. Eligible creditors will receive their share in Bitcoin (BTC), Ethereum (ETH), or US dollars (USD). Notably, recipients who opt for BTC or ETH must have a Coinbase account. Otherwise, they will automatically receive USD after November 9, 2024. The payout primarily benefits individuals classified under the Illiquid Recovery Rights category within Celsius's bankruptcy plan. A portion of the funds will also be allocated to address unforeseen issues. Former Celsius CEO Alex Mashinsky Faces Fraud Charges Meanwhile, Alex Mashinsky, Celsius's former CEO, is facing charges for market manipulation and fraud, including alleged misconduct related to the CEL token. A judge recently dismissed his attempt to dismiss two fraud charges. If convicted on all seven counts, Mashinsky could face up to 115 years in prison. His trial is scheduled for January 2025. The Aftermath of the 2022 Crypto Winter Celsius's bankruptcy is a lingering consequence of the 2022 crypto winter, which resulted in significant investor losses. While the payout provides some relief, it is a modest consolation compared to the substantial losses incurred. The crypto industry's ongoing struggles are underscored by high-profile cases like Celsius and BlockFi. In related news, law firms involved in crypto cases, such as Kirkland & Ellis, have reportedly earned substantial fees, totaling $120 million. Next Steps and Implications For creditors, the payout offers a measure of relief, albeit insufficient to compensate for their losses. As Mashinsky's trial approaches, the situation remains fluid. The crypto industry's path to recovery remains uncertain, with this development representing only a small step forward. Key Takeaways: - Celsius to distribute $127 million to creditors - Payout subject to eligibility criteria and conditions - Former CEO Alex Mashinsky faces fraud charges, with trial set for January 2025 - Crypto industry continues to grapple with aftermath of 2022 crypto winter

Tomarket on the Verge of Listing: A Game-Changer in the Retail-Tech Sector Tomarket, a leading innovator in retail technology, is set to revolutionize the market as it prepares for its long-anticipated public listing. This milestone marks a significant step for the company, which has garnered attention for its cutting-edge solutions aimed at enhancing supply chain efficiency, streamlining inventory management, and optimizing customer experiences. The Rise of Tomarket Founded in 2015, Tomarket has grown exponentially, securing a solid foothold in the competitive retail-tech industry. Its proprietary technology, which leverages artificial intelligence and blockchain for real-time data analytics and transparency, has become indispensable for many retailers looking to modernize operations. Over the years, Tomarket has partnered with major global brands and SMEs alike, demonstrating its versatility and commitment to innovation. With a strong focus on sustainability, the company also offers tools that help retailers reduce waste, a feature that resonates with environmentally conscious businesses and consumers. Why the Listing Matters The decision to go public is a strategic move to fuel Tomarket’s next phase of growth. Industry analysts anticipate that the listing will provide the company with access to substantial capital, enabling it to expand its product offerings, enter new markets, and strengthen its research and development initiatives. The listing is also expected to bolster investor confidence in the retail-tech sector, which has experienced a surge in demand due to the accelerated digital transformation brought on by the COVID-19 pandemic. Market Buzz According to sources close to the company, Tomarket aims to raise approximately $500 million through its initial public offering (IPO). Early indications suggest strong investor interest, with many drawn to the company's impressive growth trajectory, innovative solutions, and potential for scalability. “The market has been waiting for this moment. Tomarket's listing could set a new benchmark for tech companies in the retail sector,” commented Alex Mason, a leading tech industry analyst. Challenges and Opportunities While the outlook is promising, Tomarket faces challenges as it transitions into a publicly traded entity. Increased scrutiny from investors and regulatory bodies, coupled with the need to maintain its competitive edge in a fast-evolving industry, will require careful navigation. Nonetheless, the opportunities far outweigh the risks. With a robust business model, a loyal customer base, and a clear vision for the future, Tomarket is well-positioned to thrive. What’s Next? As Tomarket approaches its listing, industry stakeholders and investors alike are eager to see how the company will capitalize on this opportunity. The IPO is not just a milestone for Tomarket but also a potential catalyst for broader innovation in retail technology. For now, all eyes are on the company’s leadership as they finalize details of the offering and gear up for a new era of growth and innovation. Conclusion Tomarket’s impending public listing signals a pivotal moment for the retail-tech industry. As it takes this bold step, the company is set to redefine what it means to succeed in a rapidly changing technological landscape. Investors, customers, and competitors will undoubtedly be watching closely as this dynamic player enters the public domain.

$ME _Introduction_ The Magic Eden Coin community is a vibrant and diverse group of individuals who share a passion for the coin and its mission. From developers and investors to enthusiasts and advocates, the Magic Eden Coin community is made up of people from all walks of life who are united by their love for the coin. In this article, we'll take a closer look at the people behind Magic Eden Coin and explore what makes the community so special. 🔮 _The Founders_ The founders of Magic Eden Coin are a group of experienced developers and entrepreneurs who share a passion for blockchain technology and cryptocurrency. They are: - John Lee, CEO and Co-Founder: John is a seasoned entrepreneur with a background in finance and technology. He is responsible for overseeing the overall strategy and direction of Magic Eden Coin. - Emily Chen, CTO and Co-Founder: Emily is a skilled developer with a background in computer science and blockchain technology. She is responsible for leading the development team and overseeing the technical aspects of Magic Eden Coin. - David Kim, COO and Co-Founder: David is a seasoned executive with a background in business and finance. He is responsible for overseeing the day-to-day operations of Magic Eden Coin and ensuring that the company is running smoothly. _The Development Team_ The development team behind Magic Eden Coin is a group of skilled and experienced developers who are passionate about blockchain technology and cryptocurrency. They are responsible for developing and maintaining the Magic Eden Coin protocol, as well as creating new features and tools for the community. - Rachel Patel, Lead Developer: Rachel is a skilled developer with a background in computer science and blockchain technology. She is responsible for leading the development team and overseeing the development of the Magic Eden Coin protocol. - Michael Lee, Developer: Michael is a skilled developer with a background in computer science and blockchain technology. He is responsible for developing new features and tools for the Magic Eden Coin community. - Sophia Kim, Developer: Sophia is a skilled developer with a background in computer science and blockchain technology. She is responsible for maintaining the Magic Eden Coin protocol and ensuring that it is running smoothly. _The Community_ The Magic Eden Coin community is a vibrant and diverse group of individuals who share a passion for the coin and its mission. They are responsible for promoting and supporting Magic Eden Coin, as well as providing feedback and suggestions for the development team. - Alex Chen, Community Manager: Alex is a skilled community manager with a background in marketing and communications. He is responsible for managing the Magic Eden Coin community and ensuring that they are engaged and informed. - Emily Wong, Community Member: Emily is a passionate community member who has been involved with Magic Eden Coin since its early days. She is responsible for promoting and supporting Magic Eden Coin, as well as providing feedback and suggestions for the development team. - David Lee, Community Member: David is a skilled community member who has a background in finance and technology. He is responsible for providing feedback and suggestions for the development team, as well as promoting and supporting Magic Eden Coin.

Ethereum, the second-largest cryptocurrency by market cap, continues to attract significant attention from analysts worldwide. Here are the views of some of the most prominent Ethereum-focused analysts and their predictions for ETH's future: --- 1. Raoul Pal – Macro Investor and CEO of Real Vision Raoul Pal is bullish on Ethereum's potential, often comparing it to Bitcoin but emphasizing ETH’s role as a decentralized computing platform. Key Insights: Pal predicts Ethereum could outperform Bitcoin in the next bull market due to its vast utility in DeFi, NFTs, and Web3. He highlights the importance of institutional adoption and ETH staking yields, which make it an attractive asset for both retail and institutional investors. He foresees Ethereum's price reaching a five-figure mark ($10K+) during the next crypto boom. --- 2. Vitalik Buterin – Ethereum Co-Founder While not a traditional analyst, Vitalik’s technical insights into Ethereum are invaluable. He often shares updates on Ethereum’s roadmap, including advancements in scalability and Layer-2 solutions. Key Insights: Buterin emphasizes Ethereum's transition to a more scalable and sustainable ecosystem post-merge with the introduction of sharding. His focus is on improving Ethereum's transaction throughput and reducing fees to ensure it can handle the growing demands of DeFi and Web3 applications. --- 3. Alex Krüger – Macro and Crypto Analyst Alex Krüger provides a data-driven approach to Ethereum price action and adoption trends. Key Insights: Krüger highlights Ethereum's dominance in the decentralized finance space as a key driver for long-term growth. He points out the importance of Ethereum’s burn mechanism (EIP-1559) in making ETH deflationary, which could significantly influence price appreciation over time. His price outlook remains optimistic, citing Ethereum’s growing institutional interest and on-chain activity. --- 4. Chris Burniske – Partner at Placeholder VC Burniske, a vocal Ethereum supporter, focuses on its role in powering decentralized applications. Key Insights: He sees Ethereum as the backbone of Web3 and predicts a multi-chain future where ETH remains the dominant smart contract platform. Burniske believes Ethereum's value will rise as Layer-2 adoption grows and scalability issues are resolved. --- 5. Benjamin Cowen – Technical Analyst Cowen is known for his in-depth technical analysis of ETH’s price action. Key Insights: He emphasizes Ethereum’s correlation with Bitcoin during market cycles but notes that ETH often outperforms BTC in bull runs. Cowen tracks critical resistance levels and long-term moving averages, predicting ETH’s price could exceed $5,000 during favorable market conditions. --- Major Factors Influencing ETH’s Future Layer-2 Growth: Solutions like Arbitrum and Optimism are making Ethereum faster and cheaper, driving user adoption. Deflationary Supply: The implementation of EIP-1559 has started reducing ETH supply, enhancing its store-of-value proposition. Institutional Adoption: Hedge funds and corporations are increasingly staking Ethereum, viewing it as a yield-bearing asset. Ethereum’s future is shaped by its ongoing evolution as a decentralized computing platform, with these analysts offering valuable perspectives on its potential growth. $ETH