21.3 C
London
Thursday, October 17, 2024
HomePRESS RELEASESFormer Binance CEO CZ Increases His Net Worth Twofold While Incarcerated

Former Binance CEO CZ Increases His Net Worth Twofold While Incarcerated

Date:

Related Stories

Anticipating Shiba Inus Future Insights on SHIB Price as Whales Awaken from Hibernation

/> 'http://ethupdates.com/wp-content/uploads/2022/08/172906501320020.png'>/> Despite the high volati...

Is the RektMe Crypto Mini App on Telegram Worth Your Time

A fresh project in the Prom zkEVM ecosystem, Rekt.Me Crypto, unveiled its Telegram mini app on Octob...

Time Farm Responds Today Daily Quiz for October 15 2024

The team behind Time Farm has recently revealed their upcoming initiative, set to take place in 2024...

Todays Daily Quiz on Time Farm Unveiling the Answers for October 15 2024

The Time Farm team has announced plans for an airdrop in 2024 , where users may receive $SECOND toke...

Bitcoin ETFs Attract 407M Inflows Following US Elections

Meanwhile, short-Bitcoin products, investment vehicles that profit when Bitcoin’s price falls, saw...
spot_imgspot_img

Former CEO of Binance, Changpeng Zhao (CZ), has reportedly seen an increase in his wealth while behind bars. This surprising turn of events is due to the BNB token reaching an all-time high during the first week of his four-month prison sentence in the US. According to a report by Forbes, CZ owns approximately 64% of the circulating supply of BNB coins, which amounts to around 94 million Binance tokens.

In a similar vein, Rollblock (RBLK) is being touted as the next big thing that could potentially turn investors into millionaires overnight. The DeFi project’s strong utility has sparked optimism among investors, with analysts predicting returns of up to 100x in the near future. If you missed out on the BNB price surge, fret not. The Rollblock presale presents exciting opportunities that could make the next wave of crypto millionaires.

Rollblock (RBLK): A Game-Changer in the Crypto Market

While Binance Coin continues to show promise, Rollblock (RBLK) has captured the attention of the wider crypto market as a top crypto investment for 2024. This lucrative DeFi project has experienced significant rallies during its presale phase, leading to speculations of further bullish momentum. Experts foresee a 50% return in the short term, with potential for a 100x surge once Rollblock is listed on major CEX exchanges.

At its core, Rollblock introduces a robust ecosystem that leverages blockchain technology in the $450 billion gambling industry. It offers enhanced transparency, scalability, and security compared to traditional casinos, which were plagued by scams last year. Users of the Rollblock casino will have access to over 150 games, including popular options like blackjack, poker, and other digital gaming offerings.

Furthermore, these games support over 20 major cryptocurrencies, allowing investors to wager using their preferred digital assets. One of the standout features is that RBLK holders will receive a share of the crypto games platform’s daily revenue. The DeFi project plans to use up to 30% of its weekly revenue to repurchase RBLK tokens from the market.

Half of these repurchased tokens will be burned to create scarcity and drive up demand within the ecosystem, while the remaining half will be used to provide staking rewards for holders, offering one of the most attractive passive income opportunities in the crypto market. With a presale price of $0.014 in stage 3, Rollblock coin is poised to experience a 100x price surge in the coming months, providing investors with a lucrative chance to capitalize on returns.

Changpeng Zhao (CZ) Holds Approximately 94M BNB Tokens

Meanwhile, former Binance CEO Changpeng Zhao has risen to become the 24th wealthiest individual. Reports indicate that Zhao owns 64% of the circulating supply of Binance Coin, which amounts to roughly 94 million BNB tokens. A forensic analysis by Financial Outlet and Gray Wolf Analytics revealed that 80 million Binance Coins were allocated to the founding team of the crypto exchange.

Additionally, Binance retains control over 46 million of its original tokens. Notably, Binance and Changpeng Zhao collectively own 71% of the 147 million tokens currently in circulation. CZ’s 90% ownership stake in Binance, coupled with his crypto holdings, has propelled him to become the richest prisoner, with an estimated net worth of around $61 billion.

With a maximum supply of 200 million BNB tokens and over 153 million already in circulation, experts anticipate significant price gains for BNB, solidifying its position as one of the top cryptocurrencies to invest in.

Early Adopters Poised for Success with Rollblock

While Binance Coin (BNB) continues to show promise, Rollblock is seen as a superior alternative for crypto investors. The project’s robust ecosystem, ambitious roadmap, tokenomics, and innovative revenue-sharing model have positioned it among the top cryptocurrencies to buy at present. Furthermore, early investors have the opportunity to win a share of a $20,000 prize pool during Rollblock’s Euros event. With all this in mind, now is the perfect time to join the Rollblock community and explore the exciting opportunities available in the RBLK presale.

Discover the potential of the Rollblock (RBLK) presale today!
Website: https://presale.rollblock.io/
Socials: https://linktr.ee/rollblockcasino

Subscribe

- Never miss a story with notifications

- Get full access to our premium content

- Browse for free from up to 5 devices at once

Latest News

spot_img

LEAVE A REPLY

Please enter your comment!
Please enter your name here