• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M
Binance continues to invest in Twitter

Binance continues to invest in Twitter

user avatar

by dapp_writer005

4 years ago

On October 28, the Binance team officially confirmed that the exchange has become the main investor in Elon Musk's deal with Twitter.

Changpeng Zhao said in an interview that he is happy to work with Elon and support the development of a new vision for the social network and Web3. As a result of the joint work, the participants want to combine Twitter with the crypto space and the blockchain.

It is worth noting that the deal to buy Twitter cost $44 billion. After that, the new owner of the social network fired CEO Parag Agarwal. Musk noted that he would take on all the duties of the CEO.

Previously, Binance has already invested in Twitter. In May 2022, $500 million was sent to develop the network. Now, Changpeng Zhao notes that it is important to achieve maximum security on the platform and eliminate fraud.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other articles

Sentient Review: Open AGI Infrastructure, OML Technology, The Grid, and Blockchain-Powered AI

chest

Learn what Sentient is, how its Open AGI infrastructure works, the role of The Grid and OML, the SENT token, blockchain integration, ecosystem, benefits, challenges, and future potential.

user avatarElena Ryabokon

Top DeFi Platforms for Earning Passive Income Through Staking, Lending, and Liquidity Provision

chest

Explore the best DeFi projects for passive income. Learn about staking, lending, liquidity provision, yield farming, leading protocols, potential risks, and key selection criteria.

user avatarElena Ryabokon

HumidiFi Review: How the Solana-Based Prop AMM Works, WET Token, Features, and Ecosystem

chest

Learn what HumidiFi is, how its proprietary AMM works on Solana, the role of the WET token, key protocol features, and how it differs from traditional decentralized exchanges.

user avatarElena Ryabokon

Moonlander Review: Features, Gameplay, Perpetual Trading, and the Cronos Web3 Ecosystem

chest

Discover what Moonlander is, how the Web3 platform works, its gameplay mechanics, perpetual trading features, token ecosystem, and how it differs from other GameFi and DeFi projects.

user avatarElena Ryabokon

What Is World Markets? Exploring the DeFi Trading Platform, Unified Margin, and On-Chain Markets

chest

World Markets, World Markets review, DeFi platform, decentralized exchange, DEX, perpetual futures, crypto trading, MegaETH, unified margin account, DeFi lending

user avatarElena Ryabokon

What Is Paradex? Exploring the Decentralized Derivatives Trading Platform Built on Ethereum Layer 2

chest

Learn what Paradex is, how its decentralized derivatives exchange works, its Layer 2 architecture, key features, trading model, and how it differs from traditional DEX platforms.

user avatarElena Ryabokon

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.