• 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

3 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

Gem Fighter Explained: How This Web3 Shooter Combines Skill, NFTs, and Crypto Rewards

chest

A detailed overview of Gem Fighter, a Play-to-Earn blockchain shooter with NFTs and the HODL token. Learn about gameplay, economy, rewards, risks, and future potential.

user avatarElena Ryabokon

Somate — A Web3 Ecosystem for Creators, AI Content, and Decentralized Monetization

chest

An in-depth overview of Somate, a Web3 platform for creators and AI content. Learn about the SOMT token, tokenomics, use cases, risks, and project outlook.

user avatarElena Ryabokon

Spur Protocol: In-Depth Overview of the Web3 Blockchain Ecosystem

chest

A detailed overview of Spur Protocol, a Web3 blockchain project with education, gamification, and the SPUR token. Learn about its ecosystem, tokenomics, use cases, and outlook.

user avatarElena Ryabokon

Fortuva Explained: How This Accessible GameFi Project Works

chest

An in-depth overview of Fortuva, a GameFi blockchain game focused on accessibility, sustainable in-game economy, NFT assets, and long-term player engagement.

user avatarElena Ryabokon

Ethereum Name Service (ENS): How Web3 Domains and Digital Identity Work

chest

An in-depth overview of Ethereum Name Service, a decentralized Web3 domain protocol covering architecture, ENS token governance, use cases, and future development.

user avatarElena Ryabokon

Render Network Explained: How Decentralized GPU Rendering Works

chest

In-depth overview of Render Network, a blockchain protocol for decentralized GPU computing, rendering, metaverse applications, and AI workloads. Architecture, RNDR token, and future outlook.

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.