Binance, Sequoia Back Elon Musk’s Twitter Takeover
According to an updated SEC filing, cryptocurrency exchange Binance committed $500 million and venture capital firm Sequoia Capital $800 million to help finance Elon Musk’s $44 billion takeover of social media platform Twitter (TWTR).
Binance, Sequoia Among Investors Backing Musk's Takeover of Twitter
The crypto exchange commits $500 million to help fund the deal.
APE Surges Then Sinks After Elon Musk's Bored Ape Profile Picture Tease
Elon Musk, “ringmaster of the attention economy” as described by CoinDesk’s Zack Seward, recently took a jab at PFPs and the Bored Ape Yacht Club through a profile picture tease on Twitter, sparking a price surge in ApeCoin. “The Hash” group discusses the tech billionaire’s history with crypto Twitter and dogecoin, as well as the social media platform’s NFT profile picture feature.
Hester Peirce Sounding Off on SEC’s Plans for More Crypto Enforcement Staff
U.S. Securities and Exchange Commission (SEC) Commissioner Hester Peirce discusses her opposition to the addition of 20 new jobs on the regulatory agency’s crypto enforcement squad. Plus, a conversation on the agency’s investigation into Terra Luna and Elon Musk’s ability to move crypto markets with his Twitter presence.
Crypto Adoption Outlook as Fidelity and Central African Republic Embrace Bitcoin
The “Week in Review” panel discusses Fidelity adding bitcoin in its 401K programs, what Elon Musk’s deal to buy Twitter could mean for the social media platform and the Central African Republic’s decision to adopt bitcoin as legal tender.
How to Build Decentralized Twitter
Crypto-based social media will be shaped by existing statutes, regulations and norms – and may be limited by its tech.
