Image: Decrypt/Shutterstock Binance chief Changpeng ‘CZ’ Zhao aims to ensure crypto and Web3 are part of Twitter’s future after backing Elon Musk’s takeover of the social media platform, he said in an interview. Change Amount Today: 0-1.41: 30 Days: 0-10. By Alys Key 2 min read Changpeng 'CZ' Zhao and Elon Musk. Elon Musk CEO is -1.41 in the last 24 hours with a circulating supply of 0. ELONMUSKCEO to USD price is updated in real-time. You can refer to our How to Buy Elon Musk CEO guide. Got it Elon Musk, the Tesla billionaire who has this year adopted the meme-based bitcoin rival dogecoin as something of a pet project, has challenged Binance chief executive Changpeng 'CZ' Zhao. One of them is his acquisition of Twitter. Note: This coin is not listed on Binance for trade and service. Get the inside scoop on today’s biggest stories in business, from Wall Street to Silicon Valley delivered. The Biden administration is debating whether to conduct national security reviews of some of Musk’s projects. San Francisco, Nov 2 (Ians) Leading cryptocurrency exchange Binances CEO Changpeng Zhao has said that his company invested 500 million in Elon Musks. Elon Musk and Binance CEO Changpeng Zhao exchanged words on Twitter over the matter. Later, he underlined that his backing would only endure as long as Musk carried through on the agreement. In earlier messages this year, Musk and other cryptocurrency billionaires discussed how they may decentralize Twitter.ĬZ claimed that Binance offered a possibility to aid in bridging social media and news into Web3. He stated, “I think so,” on Tuesday while speaking at the Future Investment Initiative conference in Riyadh, Saudi Arabia.ĬZ pledged to support the offer when it was made public in April, joining a small group of other financial institutions with an interest in cryptocurrencies, like Fidelity Management and Sequoia Capital. Zhao said the best way to improve Twitter is to define new features and see what sticks. Changpeng Zhao (CZ), the exchange’s CEO, was recently questioned about whether he still supported his fellow billionaire. Binance CEO Changpeng 'CZ' Zhao said he anticipates about 90 of Elon Musks ideas for Twitter will fail. Earlier this year, Musk discussed with other cryptocurrency billionaires how they may decentralize Twitter.īinance is most likely to honor its commitment to contribute $500 million to Elon Musk’s attempt to acquire Twitter for $54.20 a share.CZ pledged to support the offer when it was made public in April. Twitter accounts belonging to Musk, Bill Gates, Apple, Uber, Coinbase, Binance, Gemini, Kraken, and Binances CEO CZ all tweeted links to a site claiming to be giving away bitcoin all you had.Elon Musk CEO is +0. ELONMUSKCEO to USD price is updated in real-time. Binance confirmed on Friday that it was as an equity investor in billionaire technology entrepreneur Elon Musks takeover of microblogging service Twitter (TWTR). Overall, while CZ Binance and Elon Musk may have intersected in the realm of cryptocurrency and tech, there is no known personal or business relationship between the two. The live price of Elon Musk CEO is 0.000001 per (ELONMUSKCEO / USD) with a current market cap of 0 USD. It's impossible to keep up." However, this tweet was not necessarily indicative of any personal relationship or animosity between the two. Binance CEO Goes All-in on Tokens: I Just Want to Keep Crypto. For example, in 2021, Elon Musk's tweets about Bitcoin and Dogecoin caused significant volatility in the cryptocurrency market, including the price of Bitcoin dropping after Musk announced that Tesla would no longer accept Bitcoin as payment for its vehicles.Īdditionally, in 2021, CZ Binance tweeted about his frustration with Elon Musk's tweets about cryptocurrency, stating that "Elon is playing too much. However, there have been some notable events involving Binance and Elon Musk in recent years. While both CZ Binance and Elon Musk are influential figures in the tech industry, there is no publicly known close relationship between the two. There has been some speculation and discussion about the relationship between CZ Binance, the CEO of Binance, and Elon Musk, the CEO of Tesla and SpaceX. Binance. Binance confirmed on Friday that it was as an equity investor in billionaire technology entrepreneur Elon Musk's takeover of microblogging service Twitter.
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