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Mustafa Al-Bassam

Co-Founder & CEO, Celestia · United Kingdom

Mustafa Al-Bassam is the CEO of Celestia. Al-Bassam is based in the United Kingdom. Al-Bassam has held the role since 2019.

Mustafa Al-Bassam is an Iraqi-British computer security researcher, hacker, and co-founder of Celestia Labs. Al-Bassam co-founded the hacker group LulzSec in 2011, which was responsible for several high profile breaches. He later went on to co-found Chainspace, a company implementing a smart contract platform, which was acquired by Facebook in 2019. In 2021, Al-Bassam graduated from University College London, completing a PhD in computer science with a thesis on Securely Scaling Blockchain Base Layers. In 2016, Forbes listed Al-Bassam as one of the 30 Under 30 entrepreneurs in technology.

Recent developments

AI summary of recent coverage

Recent coverage of Mustafa Al-Bassam has focused on significant price declines in Celestia's TIA token, with Al-Bassam publicly asserting that the project maintains substantial financial reserves despite the downturn. Additional reporting has addressed controversies surrounding Celestia's faucet service, including a ban affecting Nigerian users that drew criticism over the platform's handling of the situation and the underlying technical issues involved.

Summarized from the headlines below; see each source for the full story.

Our coverage

On CEOInsider

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Mustafa Al-Bassam: FAQ

Who is Mustafa Al-Bassam?
Mustafa Al-Bassam is the Co-Founder & CEO of Celestia, based in United Kingdom.
What company does Mustafa Al-Bassam lead?
Mustafa Al-Bassam is CEO of Celestia, a role held since 2019.