Binance Confirms $500 Million Investment in Elon Musk Twitter Takeover
Major crypto exchange Binance has put half a billion US dollars towards Tesla chief Elon Musk’s Twitter takeover. Responding to reports about the exchange possibly still backing the much-discussed Twitter deal, Binance C...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Responding to reports about the exchange possibly still backing the much-discussed Twitter deal, Binance CEO Changpeng 'CZ' Zhao tweeted today (UTC time):
"Our intern says we wired the $500 million 2 days ago, probably just as I was being asked about Elon/Twitter."...
Read More: Binance Confirms $500 Million Investment in Elon Musk Twitter Takeover
Why this matters
This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CryptonewsRelated market context
Ledger hack scare nears $90 million as Tether moves to freeze stolen USDT
Suspected Ledger wallet thefts are approaching $90 million as Tether freezes USDT stablecoin linked to the incident, according to...
Ethereum open interest rose 2.3% in ETH on Binance as its dollar value fell 6.6%
Ethereum open interest in Binance’s ETHUSDT futures contract was 2.27% higher in ETH on Thursday, Oct. 8, over the last 48 hours,...
U.S. Government Sends $1 Billion in Seized Bitfinex Bitcoin to Unlabeled Wallets
A wallet holding bitcoin stolen in the 2016 Bitfinex hack sent 12,267 BTC, worth about $1.01 billion, to new addresses on Thursday...
Bitcoin Price Briefly Reclaims $81,000 as Liquidations Top $1 Billion
Bitcoin price fell for a fourth consecutive day, briefly slipping below $81,000 before rebounding, as the total crypto market cap...
DOJ scrutinizes Binance compliance with its 2023 settlement
The DOJ's scrutiny of Binance's compliance could impact global crypto regulations and influence future enforcement actions against...
Locked liquidity did not stop this $14 million crypto pool drain
The PancakeSwap pool for 79AU, 79thVault’s token, lost $14.35 million in USDT on Oct. 7 through two selling wallets, according to...