• 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

2 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

Share

Other articles

Proof of Authority (PoA): Features, Advantages, and Limitations

Proof of Authority (PoA): Features, Advantages, and Limitations

Proof of Authority (PoA) is a consensus algorithm based on validator trust, known for its high speed and low costs. A comprehensive guide on PoA: from its operating principles to examples of application.

user avatardapp_writer_sm

5 hours ago

Self Chain — a Modular Blockchain with a Keyless Infrastructure for Digital Assets

Self Chain — a Modular Blockchain with a Keyless Infrastructure for Digital Assets

Self Chain is a next-generation blockchain platform focused on simplifying Web3 interactions. The project offers high security, a keyless wallet infrastructure, and NFT support.

user avatarcallmeeve

11 hours ago

NodePay — Innovative Platform for Decentralized Transactions and Asset Management

NodePay — Innovative Platform for Decentralized Transactions and Asset Management

NodePay is a blockchain platform for secure, scalable transactions optimized for businesses and individuals, integrating advanced blockchain and smart contract technologies.

user avatardapp_writer_sm

11 hours ago

Elixir: A new era of liquidity on decentralised exchanges

Elixir: A new era of liquidity on decentralised exchanges

Explore how Elixir is enhancing liquidity in decentralized order book exchanges through its modular architecture and innovative synthetic assets like deUSD.

user avatardapp_admin013

a day ago

RaceOnLife — A Cryptocurrency Racing Game with Collectible NFTs

RaceOnLife — A Cryptocurrency Racing Game with Collectible NFTs

RaceOnLife — a cryptocurrency racing game on the Binance Smart Chain blockchain, where players can use unique NFT cars, compete in races, and earn tokens.

user avatarcallmeeve

a day ago

Mongrels — A Decentralized Gaming Platform on Blockchain

Mongrels — A Decentralized Gaming Platform on Blockchain

Mongrels offers gamers and crypto enthusiasts a new level of interaction with a decentralized Web3 platform where players can earn, own assets, and participate in project governance, unlocking unique opportunities for engagement.

user avatardapp_writer_sm

a day ago

dapp expert logo
© 2020-2024. DappExpert. All rights reserved.
© 2020-2024. DappExpert. All rights reserved.

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.