Celsius, a bankrupt crypto lender, has announced a $127 million payout to creditors, covering 60.4% of total claims. This second round of payments follows an earlier distribution in August, which returned $2.53 billion to 251,000 creditors. Creditors will receive payments in Bitcoin or US dollars based on eligibility, with Bitcoin payouts dependent on market value. Former CEO Alex Mashinsky faces trial in 2025 for fraud charges related to the company's collapse. Additionally, the article discusses rising stablecoin use in countries like Brazil and Nigeria, Coinbase's FOIA efforts, and Vancouver Mayor Ken Sim's belief in Bitcoin as a hedge against inflation. Metaplanet's inclusion in a major blockchain ETF and changes in SOPR and MVRV ratios are also highlighted. Disclaimer: The opinions expressed in the article are those of the writers and not CryptoSlate's. Readers are advised to conduct their own research before engaging in cryptocurrency activities. Read more AI-generated news on: https://app.chaingpt.org/news

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