What Does Elon Musk's Partnership With Binance Means For Twitter?

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Elon Musk's co-investor Binance is looking to create a team to work on how crypto and blockchain could be helpful to Twitter, as per spokesperson of the company.

Binance has invested $500 million in Elon Musk's buyout of Twitter Inc. According to Binance, it will brainstorm plans and strategies which could help Elon Musk run Twitter.

The team will explore how to address issues on Twitter including proliferation of bot accounts.

Let's not forget, Elon Musk has already complained about the bot issue before.

The tale of Elon Musk's takeover of Twitter came to an end on Thursday and the deal officially closed after months of twists and turns in and outside the courtroom.

Musk immediately fired top executives at the social media giant.

Under former CEO Jack Dorsey, Twitter had began to look into ways in incorporating blockchain technology.

It's not clear how actively could a small co-investor Binance be involved in platform's future, since Musk fully controls the board and decision making on Twitter now.

It would be interesting to see how the partnership goes, also what new changes Musk is going to bring to the social media giant in future and how the platform runs under his control.

Are we going to see Dogecoin coming to the seen now on Twitter? As we have seen Musk's support for the meme coin before.

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Elon will solely make cryptocurrencies the future token if he can be able to plan out strategies for that. Thanks for sharing

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I am honestly not really sure I like the entire promotion of DOGE by Elon but I guess he can do what he wants. It just makes me wonder if Elon will start random crypto or not on Twitter just to make a share of the trading income.

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