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SAN DIEGO, Dec. 20, 2024 (GLOBE NEWSWIRE) -- DiCello Levitt LLP announces that it is investigating whether Sezzle Inc. (“Sezzle” or the “Company”) (NASDAQ: SEZL) complied with federal securities laws. The Firm’s investigation focuses on whether the Company violated the federal securities laws and issued false and/or misleading statements and/or failed to disclose information required to be disclosed to investors. Investors who purchased Sezzle securities and those with information about the allegations are encouraged to obtain additional information and assist the Firm’s investigation by contacting DiCello Levitt attorneys Brian O’Mara or Ruben Peña by calling (888) 287-9005 or at investors@dicellolevitt.com . No Case Has Been Filed and No Class Has Been Certified. Until a case is filed and a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. Investigation Details: Sezzle is a technology-enabled payments company that offers flexible financing option to consumers and merchants through a ‘Buy Now, Pay Later’ service. Approximately 52% of Sezzle’s revenue for the third quarter of fiscal year 2024 came from “transaction income,” which includes, among other things, merchant processing fees and consumer fees. In the same period, Sezzle derived 33% of its revenue from its two “subscription” offerings. On December 18, 2024, Hindenburg Research published a critical research report titled “ Sezzle: A Failing ‘Buy Now, Pay Later’ Platform Playing Short Term Tricks As Insiders Cash Out Via Stock Sales And Margin Loans ,” alleging, among other things, that it found “ Sezzle is borrowing expensive capital to make extremely risky loans through a struggling platform that is rapidly losing customers and merchants ” and, at the same time, “ insiders are selling stock or cashing out through a massive margin loan .” According to the report, Hindenburg Research claims that “Sezzle borrows at a 12.65% interest rate to lend to extremely high-risk consumers” with bad credit despite its merchant and customer base declining by 51% and 20% since 2021. The report further states that Sezzle is actively “boosting its near-term subscription numbers” by “enrolling users into recurring monthly subscriptions without their awareness.” After extensive research, Hindenburg Research has concluded that Sezzle’s optimistic revenue numbers are obtained using short-term strategies to give the Company’s insiders an opportunity to cash out over $71 million in stock. In response to the Hindenburg Research report, shares of Sezzle plunged to trade as low as $225 per share on December 18, 2024, falling more than 28% (or more than $90) from its close on December 17, 2024. About DiCello Levitt: At DiCello Levitt, we are dedicated to achieving justice for our clients through class action, business-to-business, public client, whistleblower, personal injury, civil and human rights, and mass tort litigation. Our lawyers are highly respected for their ability to litigate and win cases – whether by trial, settlement, or otherwise – for people who have suffered harm, global corporations that have sustained significant economic losses, and public clients seeking to protect their citizens’ rights and interests. Every day, we put our reputations – and our capital – on the line for our clients. DiCello Levitt has achieved top recognition as Plaintiffs Firm of the Year and Trial Innovation Firm of the Year by the National Law Journal , in addition to its top-tier Chambers and Benchmark ratings. The New York Law Journal also recently recognized DiCello Levitt as a Distinguished Leader in trial innovation. For more information about the Firm, including recent trial victories and case resolutions, please visit www.dicellolevitt.com . Attorney Advertising. Prior results do not guarantee a similar outcome. Media Contact Amy Coker 4747 Executive Drive, Suite 240 San Diego, CA 92121 619-963-2426 investors@dicellolevitt.com
DETROIT (AP) — In the waning days of President Joe Biden's administration, the government's highway safety agency is proposing voluntary safety guidelines for self-driving vehicles. But a rule from the National Highway Traffic Safety Administration putting the plan in place won't be approved before the end of Biden's term in January and likely will be left to whoever runs the agency under Republican Donald Trump. Tesla CEO Elon Musk, whom Trump has named to co-lead a “Department of Government Efficiency” to cut costs and regulations, has floated the idea of him helping to develop safety standards for self-driving vehicles — even though the standards would affect Tesla's automated driving systems. At present there are no federal regulations that specifically govern autonomous vehicles, and any regulation is left to states. However, self-driving vehicles must meet broad federal safety standards that cover all passenger vehicles. Under the agency's proposal, released on Friday, automakers and autonomous vehicle companies could enroll in a program that would require safety plans and some data reporting for autonomous vehicles operating on public roads. To apply companies would have to have independent assessments of their automated vehicle safety processes, and there would be requirements to report crashes and other problems with the vehicles. Companies would have to give NHTSA information and data on the safety of the design, development and operations of the vehicles. The agency would decide whether to accept companies into the program. But auto safety advocates say the plan falls short of needed regulation for self-driving vehicles. For instance, it doesn't set specific performance standards set for the vehicles such as numbers and types of of sensors or whether the vehicles can see objects in low-visibility conditions, they said. “This is a big bunch of nothing,” said Missy Cummings, director of the autonomy and robotics center at George Mason University and a former safety adviser to NHTSA. “It’ll be more of a completely useless paperwork drill where the companies swear they’re doing the right thing.” Michael Brooks, executive director of the nonprofit Center for Auto Safety, said one of the few good things about the plan is that companies will have to report data on crashes and other problems. There have been reports that the Trump administration may want to scrap a NHTSA order that now requires autonomous vehicle companies to report crashes to the agency so it can collect data. A message was left Friday seeking comment from the Trump transition team on crash reporting requirements. Brooks said the incoming administration probably will want to put out its own version of the guidelines. NHTSA will seek public comment on the plan for about 60 days, then the plan would have to wind its way through the federal regulatory process, which can take months or even years. The agency said it believes the plan can accelerate learning about autonomous vehicles as well as work toward future regulations. “It is important that ADS (Automated Driving System) technology be deployed in a manner that protects the public from unreasonable safety risk while at the same time allowing for responsible development of this technology, which has the potential to advance safety,” the proposed rule says. The agency concedes that in the future, there may be a need for NHTSA to set minimum standards for self driving vehicle performance that are similar to mandatory safety standards that govern human-driven cars. But the agency says it now doesn't have data and metrics to support those standards. The voluntary plan would help gather those, the proposal said.Savion Williams rushed for two touchdowns and Josh Hoover threw for 252 yards as TCU pulled away from Arizona in the second half, winning 49-28 on Saturday in Fort Worth, Texas. The Horned Frogs (7-4, 5-3 Big 12) scored touchdowns on five consecutive possessions, starting late in the first half after the Wildcats (4-7, 2-6) pulled within 14-13. Williams carried nine times for 80 yards, scoring on runs of 1 and 20 yards in the first half. Hoover completed 19 of 26 passes, with one touchdown and one interception, before being pulled midway through the fourth quarter when the Frogs were up by 21. TCU took control after leading 21-13 at halftime, going up 35-13 on a 38-yard reception to JP Richardson midway through the third. Arizona kept its hopes alive, ending a 15-play, 75-yard drive with a 3-yard touchdown pass to Chris Hunter on fourth down on the first play of the fourth quarter. The two-point conversion made it 35-21. But the Horned Frogs responded with another TD drive, capped by a 6-yard run by Cam Cook for a 42-21 advantage. Arizona added a 70-yard fumble return touchdown with one minute to go for the game's final score. Tetairoa McMillan caught nine passes for 115 yards to become the Arizona career leader in receiving yardage with 3,355. He surpassed his receivers coach, Bobby Wade (3,351), at the top spot. The Wildcats' Noah Fifita completed 29 of 44 passes for 284 yards with two touchdowns and an interception, which happened on the game's first snap. TCU promptly scored on a 4-yard run by Trent Battle, and Williams added a 1-yard TD run late in the first quarter for a 14-0 lead. But the Wildcats fought back, getting a 17-yard touchdown reception by Hunter and field goals of 53 and 43 yards from Tyler Loop to climb within 14-13 with 1:55 go before halftime. That's almost how the half ended, but the Horned Frogs converted third-and-18 on the ensuing drive and then gained 24 yards on third-and-25 to the Arizona 20. That set up a 20-yard run by Williams on fourth-and-1 with 13 seconds left for a 21-13 lead. --Field Level MediaWalker's 20 help IU Indianapolis knock off Trinity Christian 106-49Passengers left baffled after man spots ‘forbidden seat’ on flight – which can never be used by travellers
In response to fraud-related losses in the hundreds of millions, Hamburg-based copper producer Aurubis is undergoing significant leadership changes. On Monday evening, the company confirmed that three out of four executive board members , including CEO Roland Harings , will step down. This move follows “advanced talks” with the supervisory board about terminating their positions. Harings, along with CFO Rainer Verhoeven and Chief Production Officer Heiko Arnold , will leave the executive board by February, June, and September of next year, respectively. Despite the impending departures, Aurubis stated that these executives will continue fulfilling their duties until their exit dates. The supervisory board initiated an investigation into the leadership’s role in connection with multiple cases of fraud and theft that caused significant financial damage. These incidents included a €169 million shortfall in metal stock discovered during regular checks, resulting in manipulated samples and over-invoicing. As a result, the company reported a 33% drop in earnings before interest and taxes (EBT) to €349 million for the fiscal year 2022-23, with revenue falling nearly 8% to €17.1 billion. Despite these challenges, Harings emphasized that security measures have since been strengthened to prevent future incidents. A final decision on the leadership changes is expected to be made by the supervisory board on Tuesday.It’s a rainy December afternoon in NYC as rush hour approaches. With traffic mounting, Paul Wall opts to walk from Times Square to 5th Ave. to make it to his Billboard interview on time. See latest videos, charts and news See latest videos, charts and news While the Houston legend has traded his fade for a platinum slicked-over haircut, lost 100-plus pounds thanks to gastric sleeve surgery (he wishes Ozempic was around in 2010) and let the salt and pepper fill his beard, it’s still Paul Wall, baby. His signature grills shine bright peering through his infectious grin lighting up any room he enters. Two decades after the release of his debut album, the 43-year-old’s love for hip-hop hasn’t waned an inch. Whenever he’s home in Texas, he’s recording every day. These days, PW’s even keeping a Notes app filled with sayings and random words he hears like Incandescent or impermanence that he’s just waiting to turn into a bar. “I love making music,” he tells Billboard . “I 100 percent intend on doing this until I’m 80 years old. God willing. Especially in hip-hop, our elders a lot of it is they don’t have the opportunity to make music. I don’t take it for granted. I’m 43, so for the next 37 years, there’s going to be albums all over the place.” It’s not the era of running around with Swishahouse, but Paul Wall’s enjoyed a bit of a renaissance since debuting his viral silver fox look last year while also being championed as the Hotties’ favorite video vixen with his cameo in Megan Thee Stallion’s “Bigger in Texas” video earlier in 2024. Multiple Billboard staffers even voiced their frustration of missing out on seeing The People’s Champ during his visit to the office last week. Wall’s also brought a new album with him as the slab music savant’s 12-track Once Upon a Grind hit streaming services last Friday (Dec. 13). “This is really about the journey,” he adds. “A lot of people see the success or finished product, but they don’t realize what it took to get there.” Check out our interview below finding Paul Wall looking back at Kanye West’s “Drive Slow,” “Grillz” topping the Billboard Hot 100 , Megan Thee Stallion and more. What are some of your early memories of NYC? My first time performing [in NYC] I remember performing with Dipset. They took me under their wing. The label I was signed to at that time, a lot of people at Asylum and Atlantic were cool with Cam’ron when they were at Def Jam. They were kinda looking out for me. My boy [Joie Manda] was the main one. He was like, “Ay, I’m gonna link you with Dipset. You f–k with them?” Of course, hell yeah. They gave me that New York love. Me and Juelz would be in the studio non-stop. Go out to the club sometimes, perform with them sometimes. We were just enjoying the moment. We had a hell of a co-sign from Dipset. We got a lot of crossover love. Take me to the new album, Once Upon a Grind , what do you feel you have left to prove? I put out an album last year called Great Wall and we kinda kicked off with that one and kept it going. When I’m at home, I’m recording every day. It definitely adds up this way I stay sharp and explore different ideas and avenues I want to go if I want to try something. If I got 500 songs, I got a lot of opportunities. I’m at no loss for bars, I got bars for days. That ain’t it. It’s more how are we gonna deliver the subject matter. P eople say, “I’ma do this or change this about my life, but I’m gonna start Monday.” Whether it’s saving up for something, working out, starting a diet, I’m not waiting until Monday, I’m starting today. That’s what it’s all about. Set goals and strive to get them. For me, it’s the nonstop grind of working and consistency. I never won a lottery or nothing like that. All I know is the hard work aspect of that. One thing I heard you say that I do as a writer as well is when you hear a word you don’t know, you’ll write it down. What, I got a whole list right here. Let me see your list. I got a hell of a list. Some of it’s simple. Incandescent, convoluted, ancillary, cerebral, confound, calamity. Some of these are not too much out there... Impermanence. It will be something I’ll hear on a TV show and be like, “What the hell they say?” Then I’ll say it to Siri. I’ll hit look up the definition and be like, “I gotta find a way to put this in [a bar].” The kiss of ice — I heard of the kiss of death, but I want the kiss of ice. Some of these are just ideas. “Bewildered,” you heard that but you never heard that in a rap. It’s words and random half-bars. “Save the best for first.” What do you think about how the rap game stands today and how you fit into it compared to when you broke in? I still feel exactly the same. I’m a fan of it. There’s a lot of it I’m not a fan of, but I’m not mad at it. I just choose no to listen to it. It’s not my cup of tea, but I’m eternally grateful I had a place here. I love that there’s so many different avenues for artists to not just be one monolithic style. When I was coming up, if you were a region or city and you didn’t sound like you were supposed to sound like, it didn’t work. You were wack. Now you can be from anywhere and sound like anybody. The possibilities are really endless. I’m a fan of that, even though some of the music I’m not [rocking with]. Some of the production style has changed. Some of it I love. I love the musical aspect of it when people incorporate live instruments or the sampling something musical. Some of my favorite beats are just drums, but I like a variety of it. I’m just happy to be representing for my style. Why complain about what someone else is doing? Make the music I want to make. What do you feel you have left to achieve? So much of it is the longevity. I’ve seen so many people tap out. Some of the greatest tap out. Some people are a perfectionist and if they’re not meeting that standard, it’s a failure for them. I don’t look at it like that. It’s art. I’ve put so many albums and I’ll work on an album with a set of producers and a group of people will love it while another group of people hate it. Then I’ll do an album that’s another style and the group that hated it will love it now. It lets me know I gotta stop overthinking things and you can’t please everyone with every song. Let me give them a variety. I love making music. Let me be the first person to use this in a rap. I 100 percent intend on doing this until I’m 80 years old. God willing. Especially in hip-hop, our elders a lot of it is they don’t have the opportunity to make music. Being that I self-fund my own music, I own my own studio, all my producers are usually my dogs, we’re in this for the same cause. I don’t take it for granted. I’m 43, so for the next 37 years there’s going to be albums all over the place. Are you mentoring anyone at all? Do people come up to you and want some game? Some people I’ll see and I have a lot I want to share with them. I gotta be cautious because everyone might not want my advice. Sometimes people think I got an ulterior motive. That Mexican OT, he’s someone who’s open with what I have to share with him. He listens. I don’t know it all and what worked for me might not work for him. One of the biggest things I learned it is okay to be wrong. I been right about what song’s gonna work — it worked, but it didn’t be work. It’s okay for the label to be right. Even though they wrong, it’s okay for them to be right. What do you think about the evolution of white rappers? Do white rappers come to you asking about how they can move in this culture tastefully? A lot of white rappers come to me. Obviously, Eminem is the big dog, as big as it gets. But he’s out of reach. I’m more accessible. You might bump into me at Starbucks. I would get a lot of people who might be fans of me or my grind not even music. I tell people to be themselves. What worked for me might not work for them. For anybody to be inspired by me means a lot. I also know the sensitivity it takes. Especially when it comes to saying the n-word. You say it in a rap, and it lives forever. It don’t matter if it’s okay in your hood for you to talk like that. When you get outside of your hood, it’s not okay. That lasts forever and some people don’t really get that until it’s too late. I’m somebody who never said the n-word. There are definitely non-Black people who say the n-word and it’s acceptable in their neighborhood. I strongly tell them it’s not worth losing future things over something you’re saying now. You might stop saying it and you blow up and they go back and it could be a huge deal. What do you remember about the week that “Grillz” went No. 1 on the Billboard Hot 100? I remember we were selling a lot of grills. That was a good week for us. The only time I had did something like that. To be a part of that history moment with Nelly, Jermaine Dupri and Big Gipp. It was huge for me — a huge accolade. One week it was Beyoncé’s “Check On It” with Bun B and Slim Thug, and the next week it’s Nelly with Paul Wall. It’s a proud moment for us to keep representing. I remember Nelly telling me, “It’s gonna be bigger than ‘Air Force Ones.'” I’m like, “Yeah right, he’s just gassing me up.” [Nelly] did not have to put me on the song. He’s Nelly, he could’ve gave me a shout-out on the song. He didn’t have to mention me at all. The song is still a hit without me. For him to give me that opportunity, he for sure getting free grills for life. How has the grills industry changed? The evolution has been one path. The grills are monolithic, and people want something different. I got grills a certain way and you’re like, “Hey, why don’t we do it this way?” Me and Johnny are like, “Why not?” Let’s try that. Also with the machines and technology improving, and a lot of the diamond setters having decades of experience, there’s a lot of things they could do now that they couldn’t back in the days. Some of that is your imagination. Now it’s whatever you want. We can do basically anything now. The week The People’s Champ went No. 1 [on the Billboard 200] it dethroned Kanye’s Late Registration. You even got “Drive Slow” on your album. Jay-Z is the president of Def Jam, [I’m thinking] there’s no way he’s gonna let me put that on my album. We’re talking about Kanye West, even though he wasn’t what he is now, he was still a top dog. There’s no way he’s gonna let me put it on my album so it was extremely unbelievable. People made a big deal about me dethroning Kanye, but I didn’t dethrone him — his album just came out before mine. He’s still Kanye. If you look at his album, it sold more than mine. I didn’t dethrone s–t. He really gave me the leg up letting me put that song on my album. What do you think about “Drive Slow” turning 20 next year? That’s definitely the song that people ask me most about. Hip-hop fans — not necessarily Paul Wall diehards, but the general public — that’s the No. 1 thing people ask me about. Plain Pat putting it together. He actually tried to sign me to Def Jam but it didn’t work out. He mentored me for a long time. He taught me it’s okay to be wrong. First I made Kanye some grills and Plain Pat said, “I seen you made Kanye some grills. He say he f–k with your music and he like your music.” He let me know [my verse not make the album] but this was an opportunity and if it works out this is a hell of a look. I’m not gonna tell the whole world I got a song with Kanye West and it never came out. I didn’t think it was gonna make his album. There’s no way he wants a verse from me. He sent me the beat. The “Drive Slow” verse was the first verse I wrote for “Sittin’ Sidewayz.” I always knew this is gonna be something if Jay-Z want me on a song. This is one of them situations. I do it to the beat and this worked. I sent it into him and Plain Pat said Ye liked it and he wants you to come to L.A. and lay it again with him in person. He’s gonna want you to try some new things. Just work with him, he’s a perfectionist. He’s gonna take what you give him and make something out of it. We flew out to L.A. and we’re coming down the escalators and two sheriffs come up and I’m immediately thinking I’m being Punk’d because Mike Jones just got Punk’d . When you got Punk’d, you’d pass it on. I told everyone, “If y’all set me up, lose my number. You’re not gonna embarrass me.” Next think you know I’m cussing out these L.A. sheriffs. If they reading this, I apologize. I thought they were actors. I’m going hard in the paint talking crazy to them. They have a notorious reputation... We weren’t doing nothing wrong... They left, so I’m like, where Ashton Kutcher at? I’m also thinking Kanye’s in on this. We go to the hotel and I got to the studio. This is when you had to Mapquest. The driver says it’s right here and we’re in the far left hand lane. There’s four lanes and we’re at a light and the studio’s right there. So you really had to turn right. The driver broke ’em off. He cuts in front of the traffic to turn right and it just so happened there’s a cop in the far right lane. They couldn’t get me plan A at the airport, and now I know I’m getting Punk’d . I’m like, “Get me to the studio.” I’m like, “Can I go?” He didn’t care what I was doing, and the driver stayed there and got a ticket. I’m upstairs doing my part with GLC and Nas is downstairs doing his verse for the album. I remember leaving, “I don’t know if I’ma make the album.” I’ll never forget DJ Drama called me, “You on the Kanye West album? I’m here at the listening party. You’re on the album!” How was your cameo in the “Bigger in Texas” video for Megan Thee Stallion? They’re saying you were their favorite vixen out there. I’m the Zaddy for sure. Megan is a true visionary. T Farris is her manager, and there’s that connection. She’s somebody we’ve rooted for from the beginning. [I’m] so happy for her success. She definitely deserves all of that, she’s so talented. They reached out and told me they wanted to put a few people in the video. I said, “Of course, I want to be in the Megan video.” She was there in the store with Johnny twerking with her grill. It was a hell of a shout-out to Johnny. She showed us major love for that.
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By AUDREY McAVOY, Associated Press HONOLULU (AP) — Warren Upton, the oldest living survivor of the 1941 Japanese attack on Pearl Harbor and the last remaining survivor of the USS Utah, has died. He was 105. Upton died Wednesday at a hospital in Los Gatos, California, after suffering a bout of pneumonia, said Kathleen Farley, the California state chair of the Sons and Daughters of Pearl Harbor Survivors. The Utah, a battleship, was moored at Pearl Harbor when Japanese planes began bombing the Hawaii naval base in the early hours of Dec. 7, 1941, in an attack that propelled the U.S. into World War II. Upton told The Associated Press in 2020 that he had been getting ready to shave when he felt the first torpedo hit the Utah. He recalled that no one on board knew what made the ship shake. Then, the second torpedo hit and the ship began to list and capsize. The then-22-year-old swam ashore to Ford Island, where he jumped in a trench to avoid Japanese planes strafing the area. He stayed for about 30 minutes until a truck came and took him to safety. Upton said he didn’t mind talking about what happened during the attack. Instead, what upset him was that he kept losing shipmates over the years. By 2020, there were only three crew members of the Utah still alive, including himself. There were an estimated 87,000 military personnel on Oahu on the day of the attack, according to military historian J. Michael Wenger. After Upton’s death, there are only 15 still alive.
From CDC to labor secretary: See Trump's top picks for Cabinet rolesNoneSAN DIEGO, Dec. 20, 2024 (GLOBE NEWSWIRE) -- DiCello Levitt LLP announces that it is investigating whether Sezzle Inc. (“Sezzle” or the “Company”) (NASDAQ: SEZL) complied with federal securities laws. The Firm’s investigation focuses on whether the Company violated the federal securities laws and issued false and/or misleading statements and/or failed to disclose information required to be disclosed to investors. Investors who purchased Sezzle securities and those with information about the allegations are encouraged to obtain additional information and assist the Firm’s investigation by contacting DiCello Levitt attorneys Brian O’Mara or Ruben Peña by calling (888) 287-9005 or at investors@dicellolevitt.com . No Case Has Been Filed and No Class Has Been Certified. Until a case is filed and a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. Investigation Details: Sezzle is a technology-enabled payments company that offers flexible financing option to consumers and merchants through a ‘Buy Now, Pay Later’ service. Approximately 52% of Sezzle’s revenue for the third quarter of fiscal year 2024 came from “transaction income,” which includes, among other things, merchant processing fees and consumer fees. In the same period, Sezzle derived 33% of its revenue from its two “subscription” offerings. On December 18, 2024, Hindenburg Research published a critical research report titled “ Sezzle: A Failing ‘Buy Now, Pay Later’ Platform Playing Short Term Tricks As Insiders Cash Out Via Stock Sales And Margin Loans ,” alleging, among other things, that it found “ Sezzle is borrowing expensive capital to make extremely risky loans through a struggling platform that is rapidly losing customers and merchants ” and, at the same time, “ insiders are selling stock or cashing out through a massive margin loan .” According to the report, Hindenburg Research claims that “Sezzle borrows at a 12.65% interest rate to lend to extremely high-risk consumers” with bad credit despite its merchant and customer base declining by 51% and 20% since 2021. The report further states that Sezzle is actively “boosting its near-term subscription numbers” by “enrolling users into recurring monthly subscriptions without their awareness.” After extensive research, Hindenburg Research has concluded that Sezzle’s optimistic revenue numbers are obtained using short-term strategies to give the Company’s insiders an opportunity to cash out over $71 million in stock. In response to the Hindenburg Research report, shares of Sezzle plunged to trade as low as $225 per share on December 18, 2024, falling more than 28% (or more than $90) from its close on December 17, 2024. About DiCello Levitt: At DiCello Levitt, we are dedicated to achieving justice for our clients through class action, business-to-business, public client, whistleblower, personal injury, civil and human rights, and mass tort litigation. Our lawyers are highly respected for their ability to litigate and win cases – whether by trial, settlement, or otherwise – for people who have suffered harm, global corporations that have sustained significant economic losses, and public clients seeking to protect their citizens’ rights and interests. Every day, we put our reputations – and our capital – on the line for our clients. DiCello Levitt has achieved top recognition as Plaintiffs Firm of the Year and Trial Innovation Firm of the Year by the National Law Journal , in addition to its top-tier Chambers and Benchmark ratings. The New York Law Journal also recently recognized DiCello Levitt as a Distinguished Leader in trial innovation. For more information about the Firm, including recent trial victories and case resolutions, please visit www.dicellolevitt.com . Attorney Advertising. Prior results do not guarantee a similar outcome. Media Contact Amy Coker 4747 Executive Drive, Suite 240 San Diego, CA 92121 619-963-2426 investors@dicellolevitt.comSolana’s meme coin ecosystem is booming, with Fartcoin leading a price rally and Solaxy revolutionising scalability. Could Solana Layer 2 solutions like Solaxy redefine meme coin performance? Fartcoin ($FARTCOIN), a Solana meme coin, has exploded in value over the past month, surging more than 300% and reaching an all-time high of $1.17. With its market cap crossing $1.16 billion, Fartcoin is now one of the top-performing meme coins on Solana. Driving this rally is a combination of rising trading volume and social dominance. According to blockchain analytics firm Santiment, Fartcoin’s daily trading volume spiked by 107% to $224.17 million, signalling significant liquidity entering the market. The coin’s social dominance metric, which tracks its discussion rate relative to other cryptocurrencies, also rose to 1.01%. This surge reflects growing market interest, as investors and enthusiasts engage with Fartcoin’s humorous yet profitable narrative. Technical indicators further support its bullish momentum. The Bull Bear Power (BBP) indicator has turned positive, suggesting buyer strength outweighs seller pressure. With no significant overhead resistance, analysts predict Fartcoin could hit $2, potentially pushing its market cap to $2 billion. The Broader Context: Solana’s Meme Coin Ecosystem Thrives Solana-based meme coins have been key revenue drivers for the network. In November 2024, Solana decentralised applications (DApps) generated a staggering $365 million in revenue. Of this, over $100 million came from Pump.fun, a meme coin launchpad that has become a hub for viral tokens like Fartcoin. While Fartcoin’s rise exemplifies the power of Solana’s meme coin ecosystem, the network has faced challenges. Issues like network congestion, spam transactions and failed executions have raised questions about its scalability and reliability. This is where Solaxy ($SOLX) steps in, offering a Layer 2 solution designed to overcome these limitations. Solaxy: Transforming Solana with Layer 2 Technology As the first-ever Layer 2 protocol built on Solana, Solaxy addresses the blockchain’s key pain points by improving scalability, reducing fees and enhancing transaction reliability. These upgrades are crucial for sustaining Solana’s rapid growth, especially as it remains a hub for meme coin activity. DON’T MISS OUT—INVEST IN SOLAXY TODAY BEFORE THE PRESALE CLOSES Solaxy’s presale has already captured the market’s attention, raising $3.4 million in less than three days. Currently priced at $0.001572 during its sixth presale stage, $SOLX offers investors a chance to secure early-stage exposure to a project positioned to revolutionise Solana’s ecosystem. How Solaxy Solves Solana’s Scalability Issues Solana’s unmatched speed and cost-efficiency have made it a preferred platform for high-throughput applications, including meme coins. However, its popularity has led to congestion, with spam transactions and failed executions slowing the network. Solaxy tackles these challenges through: – Improved Scalability: By processing transactions off-chain and bundling them for settlement, Solaxy reduces congestion on Solana’s mainnet. – Multi-Chain Compatibility: Solaxy bridges Solana with Ethereum, combining Ethereum’s liquidity with Solana’s low fees and speed. – Enhanced Reliability: Priority traffic lanes ensure legitimate transactions are processed efficiently. This multi-chain approach positions Solaxy as a powerful solution not just for Solana’s challenges but also for broader blockchain interoperability. The Rise of Layer 2 Solutions in Crypto Layer 2 solutions have become indispensable for blockchain scalability, with Ethereum Layer 2 projects like Arbitrum, Optimism and Polygon boasting market caps in the billions. Solaxy, as the first Layer 2 solution for Solana, is uniquely positioned to follow in their footsteps. By addressing Solana’s limitations, Solaxy enables the network to support more decentralized applications (dApps) and meme coin launches, unlocking new growth opportunities. Fartcoin and Solaxy: Complementary Success Stories While Fartcoin exemplifies the explosive potential of Solana meme coins, Solaxy provides the infrastructure needed to sustain such growth. Fartcoin’s success is rooted in its viral appeal and strong community engagement, while Solaxy’s appeal lies in its technical innovation and long-term vision. SECURE YOUR $SOLX TOKENS NOW AND JOIN THE FUTURE OF SOLANA MEME COINS As Solana continues to dominate the meme coin space, Layer 2 solutions like Solaxy could become the backbone of its ecosystem. For investors, the convergence of viral appeal and technical innovation presents a unique opportunity. Fartcoin showcases the potential for short-term gains, while Solaxy offers a pathway to sustainable growth and network-wide improvements. With Solaxy’s presale in full swing, the future looks bright for Solana-based projects. For those looking to capitalise on the next big trend in crypto, the time to act is now.
SACRAMENTO, Calif. , Dec. 20, 2024 /PRNewswire/ -- This holiday season, help give the drivers in your life the gift of convenience and control with the Reviver RPLATE ® — the exclusive digital license plate of the Sacramento Kings. The innovative RPLATE is the world's first digital license plate, allowing drivers to monitor and customize their license plate through the ease of a mobile application. Whether it is a teenager's first ride, or the dream car your parents always wanted, the holidays are the perfect time to gift your loved ones with a new car. Reviver has the perfect companion gift for a new car — the RPLATE, a smart and sleek digital license plate. The RPLATE helps make owning and maintaining a car easier and more enjoyable by turning the license plate into a connected vehicle platform. Through the RPLATE, drivers can quickly renew and update their vehicle's registration via the secure Reviver app. The RPLATE also offers fun personalization features with its weatherproof display, such as light/dark mode and banner messages. "I created Reviver and the RPLATE because I observed that the license plate and vehicle registration ecosystem wasn't innovating to meet the needs of the modern world," said Reviver Founder and Chief Strategy Officer Neville Boston . "At Reviver, we want to reimagine the driving experience and what a license plate can do. We want to make life easier for drivers, businesses, and government." Today, more than 65,000 drivers own an RPLATE including Cedric the Entertainer, Marshall Faulk and DJ Skee. Sacramento Kings fans can learn more about Reviver and the innovative RPLATE at an upcoming home game at Golden 1 Center. ABOUT REVIVER ® Reviver ® is a technology company on a mission to modernize the driving experience. As developer of the world's first digital license plate platform, Reviver products transform the license plate into a connected vehicle platform, enabling consumers and commercial businesses to digitize vehicle registration renewals and experience a growing set of personalization, convenience, and safety features, all managed through a mobile or web app interface. Reviver's digital license plates are legal for sale in Arizona and California , along with Texas for commercial fleet vehicles. Ten additional states are in various stages of adoption. Founded in 2009, Reviver is headquartered in Northern California , and is the official patch partner of the Sacramento Kings and the official innovation partner of the Sacramento Kings and Golden 1 Center. To purchase an RPLATE click here . To learn more about the RPLATE, click here . View original content to download multimedia: https://www.prnewswire.com/news-releases/help-them-drive-like-a-sacramento-king-give-the-gift-of-a-reviver-rplate-302337650.html SOURCE ReviverGrades: Nebraska 44, Wisconsin 25