Binance, the largest crypto exchange in the world, which just contributed $500 million to Elon Musk’s acquisition of Twitter, is assembling a team to investigate how blockchain technology and cryptocurrencies might benefit the same. As one of Musk’s $44 billion equity co-investors, Binance will come up with ideas and plans to help him operate the platform. The newly established team will look into developing on-chain solutions to deal with the major issue of bot / “fake” accounts, an issue Musk finds to be particularly problematic.
Crypto Exchange Binance, Musk’s Co-investor, to Help Twitter With Blockchain