Binance is forming a team dedicated to leveraging cryptocurrency technology for Twitter

2022-10-28 23:39:43

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ChainCatcher news, according to Bloomberg, a Binance spokesperson stated that Binance is forming a new team dedicated to researching how to use blockchain and cryptocurrency technology to assist Twitter.

Today, Zhao Changpeng confirmed that Binance has officially become one of Twitter's investors, having sent $500 million to Musk to help him acquire Twitter. Binance stated that it will brainstorm ideas to assist Musk in developing Twitter's operational plans and strategies. The new Binance team will explore how to build on-chain solutions to address existing issues at Twitter, including the rampant bot account problem that Musk has complained about multiple times.

It is reported that Twitter is currently exploring ways to integrate blockchain technology under the leadership of co-founder and former CEO Jack Dorsey, who is also a supporter of Bitcoin. (source link)

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