Binance commited $500 million in Twitter acquisition

FlavienOctober 28, 2022

Less than a minute

Binance commited $500 million in Twitter acquisition

As they had committed to back in May, Binance confirmed the $500 million contribution to back Elon Musk’s acquisition deal. Binance is reportedly setting up a team that would help to add crypto features to the social media platform but they could also help fight spam and bots, an issue Elon Musk has complained about and tried to use to its advantage during the acquisition discussions.

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Flavien

Greetings, I go by the name of Flavien - a devoted supporter of cryptocurrency and a tech aficionado who has been keeping track of the developments in the world of blockchain and digital currencies since 2019. The potential of decentralized digital currencies to revolutionize our financial systems has captivated me, and I'm constantly exploring the most recent trends and advancements in this ever-evolving industry. As a content creator for Krypto Channel, my aim is to deliver informative and engaging articles that shed light on all aspects of the crypto world. Whether you're a seasoned investor or simply curious about blockchain technology, I am here to keep you updated on the latest happenings and trends. Being part of this lively and dynamic community is an honor, and I am thrilled to share my passion for cryptocurrency and blockchain with all of you.