Crypto News: Crypto Exchange Binance Confirms $500M Investment in Musk's Twitter Takeover

Binance, the world’s largest crypto exchange, confirmed its participation as an equity investor in Elon Musk’s $44 billion deal to purchase Twitter. “We're excited to be able to help Elon realize a new vision for Twitter. We aim to play a role in bringing social media and Web3 together in order to broaden the use and adoption of crypto and blockchain technology,” Binance CEO Changpeng ‘CZ’ Zhao told in an emailed statement to Decrypt. Earlier this week, CZ confirmed Binance would stick to its earlier promise to commit $500 million towards Musk’s bid to buy Twitter, emphasizing that the deal would present a chance to help bridge social media and news into Web3. via: https://decrypt.co/113052/crypto-exchange-binance-confirms-500m-investment-musks-twitter-takeover

vya4slav's Recent Blog Posts

Non-fungible token (NFT) marketplace Magic Eden has updated its position on creator royalties, saying Thursday that it is launching a protocol that will enforce royalties on all new collections that…
1 year ago
BlackRock CEO Larry Fink said that "the next generation for markets, the next generation for securities, will be tokenization of securities." In the world of blockchain,…
1 year ago
Italy looks set to become the latest European country to cash in on crypto businesses moving into the region, with a plan to tax digital trading. In a proposal bundled in with the country’s…
1 year ago
Casa, a popular Bitcoin self-custody firm, is adding Ethereum support to its platform in what some may consider an unlikely move. An overhauled version of the Casa app will launch in January,…
1 year ago
Non-fungible token (NFT) trading is now available on Uniswap, the decentralized crypto exchange said Wednesday. Uniswap users will be able to trade digital collectibles across OpenSea, X2Y2…
1 year ago