• 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

Arbus Project Overview: Technology, Tokenomics, and AI-Driven Web3 Analytics

chest

In-depth overview of Arbus, a Web3 analytics platform powered by AI. Explore its technology, ARBUS token utility, real-world use cases, and growth potential in crypto markets.

user avatarElena Ryabokon

Thetan Arena Review: How a Play-to-Earn MOBA Works on the Blockchain

chest

In-depth overview of Thetan Arena, a blockchain MOBA game with NFT heroes, play-to-earn mechanics, competitive modes, in-game economy, and future development potential.

user avatarElena Ryabokon

Amplifi Overview: How the AI-Driven Liquidity Optimization Protocol Works

chest

In-depth overview of Amplifi, an AI-powered DeFi protocol for automated liquidity and yield optimization, covering technology, tokenomics, use cases, and future development.

user avatarElena Ryabokon

How Metakraft Connects Artificial Intelligence, Web3, and the Digital Creator Economy

chest

An overview of Metakraft, a Web3 platform combining AI-powered 3D content creation, NFT tokenization, and monetization tools for digital creators and developers.

user avatarElena Ryabokon

How Fluxion Simplifies Token Sales and Decentralized Web3 Fundraising

chest

An overview of Fluxion, a Web3 launchpad designed to simplify participation in token sales and blockchain investments through user-friendly blockchain abstraction.

user avatarElena Ryabokon

How Meow Match Blends Mobile Puzzle Gameplay with Web3 Technology

chest

An overview of Meow Match, a mobile match-3 puzzle game enhanced with blockchain features, in-game economy, and NFT integration within the Web3 gaming ecosystem.

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.