Patrick Hillman, chief strategy officer at Binance, discusses the crypto exchange’s goals to help new boss Elon Musk fend off internet bots on Twitter and why the crypto exchange sees the potential for Web3 innovation following its $500 investment in the social media company. Source
Tag: Binance
Binance Coin (BNB) Struggles To Break Above $335; Here Is What To Expect
BNB’s price shows strength as it continues its rally, with eyes set on breaking its major resistance of $335, stopping the price from increasing. BNB could rally more as the price creates a bullish bias and holds above resistance. BNB’s price remains strong on the daily timeframes as the price trades above the 50 and 200 Exponential Moving Averages (EMA). The price of Binance Coin (BNB) displayed an incredible price action as the price recaptured its key support of $270 after losing this region a few days ago. The crypto…
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Crypto Exchange Binance Wants To Collaborate With Elon Musk on Running Twitter: Report
The world’s largest crypto exchange by volume is reportedly creating a new team to help tech billionaire Elon Musk incorporate blockchain technology into Twitter’s business model. According to a new report by Reuters, Binance is planning to help the business magnate determine how crypto assets could be integrated into Twitter. Binance pledged to invest $500 million into Twitter earlier this year when the exchange heard about Musk’s plans to acquire it. Binance’s team will reportedly look into finding crypto-based solutions to stifle the many issues Twitter has had over the…
Will Binance Oracle Hamper Chainlink Growth Amid The Bullish Run
Recently, the global leading crypto exchange Binance has created a record using Web 3. In addition, the giant crypto service provider recently unveiled its new decentralized Web 3 oracle network. The shift into Web 3 is skyrocketing gradually. More events, projects, applications, and activities are coming with more innovative additions. In addition, the new belief surrounding Web3 as the next future with greater possibilities fuels its popularity. Will Chainlink Continue Leading The Game? This new project from Binance serves as the first major competition to the other oracle services networks.…
Binance Coin jumps to new BTC all-time high as Elon Musk’s Twitter fuels DOGE bulls
Binance Coin (BNB) has hit new all-time highs against Bitcoin (BTC) as excitement grows over the crypto’s future role on Twitter. BNB/BTC 1-month candle chart (Binance). Source: TradingView Binance Coin sets new record against BTC Data from Cointelegraph Markets Pro and TradingView confirms that BNB/BTC briefly spiked above 0.15 BTC to a record 0.15267 BTC on Oct. 30. The in-house token of Binance, the largest crypto exchange by volume, has gained around 10% in the past 72 hours. The strong performance came on the back of reports that Binance was…
Binance may form a team to support Twitter’s blockchain efforts
According to reports on Oct. 28, the crypto exchange Binance intends to create a team to work on crypto and blockchain solutions for Twitter, following the acquisition of the social media company by tech billionaire Elon Musk. The development came hours after Binance’s founder and CEO, Changpeng Zhao, or CZ, confirmed that the company had backed Musk with $500 million in financing, making the crypto exchange the fourth-biggest contributor to the takeover amid 19 investors that provided $7 billion to Tesla’s founder. On Twitter, CZ confirmed that the money was wired earlier…
El CEO de Binance confirmó su participación como inversor en la compra de Twitter
“Estamos emocionados de poder ayudar a Elon a implementar una nueva visión para Twitter”, dijo en un email el fundador de Binance, Changpeng Zhao. “Nuestro objetivo es desempeñar un papel para unir a las redes sociales y a la Web3 y así poder ampliar el uso y la adopción de las criptomonedas y de la tecnología blockchain”. Source BinanceCEOCómocompraconfirmóinversorParticipaciónTwitter CryptoX Portal