The founder of the crypto payments network Celsius has gifted his wife a large portion of the token supply, reducing his own enormous stake in the process.
Celsius CEO Alex Mashinsky gifted wife Krissy 15 million CEL tokens as a birthday present, worth an estimated $20 million at today's prices.
The move has shifted the balance of the top CEL token holders list, as observed by Twitter user 'Kevin - HODL'.
Mashinsky is still at the top but now his wife would be the third largest token holder according to the list.
The community have been pondering the token shift with one twitter user called 'bitcoin giraffe' stating;.
80% of the returns generated is paid to members and the community, and 20% goes to Celsius.
In June 2020, Celsius completed a $20 million fund raise from the crypto community.
CEL token prices have been performing well recently and hit an all-time high of $1.38 on October 10 according to Coingecko.
Since the beginning of the year, CEL tokens have surged 880% to their current price of $1.33.
There is currently a circulating supply of 361 million tokens out of a total of 695 million.
Celsius Network founder gifts wife 15 million CEL tokens
pubblicato su Oct 28, 2020
by Cointele | pubblicato su Coinage
Coinage
Notizie recenti
Vedi tutti
First Mover: What's Next for Bitcoin as Wall Street Gets Vaccine Booster
Bitcoin was higher for a second day, staying in a range of between roughly $15,200 and $15,600, as news of progress in developing a coronavirus vaccine appeared to touch off a rally in U.S. stocks.
Market Wrap: Bitcoin Fails to Break $15.9K; Over 50K ETH Staked on Eth 2.0 Contract
Bitcoin gained Wednesday while Ethereum 2.0 staking has been ramping up.
Citibank Analyst Says Bitcoin Could Pass $300K by December 2021
A senior analyst at U.S.-based financial giant Citibank has penned a report drawing on similarities between the 1970s gold market and bitcoin.
Blockchain Bites: Data Unions. Hard Forks. And One Citi Analyst's Case for $300K BTC.
A Citibank managing director thinks bitcoin could hit $318,000.