The largest cryptocurrency exchange in the world, Binance, which has invested $500 million in Elon Musk’s $44 billion deal to acquire Twitter, has announced to form a new team to investigate how blockchain technology and cryptocurrencies may benefit the microblogging site. Elon Musk and Binance to Explore On-chain Solutions According to media reports, the new team will investigate developing on-chain solutions to address Twitter’s problems, including the rise of bot accounts, a subject Musk has frequently raised and for which he almost withdrew his offer of support. Changpeng “CZ” Zhao, the founder and CEO of Binance, acknowledged that the funds The post Binance To Help Twitter Fight Bot Accounts Using Blockchain Technology appeared first on Cryptoknowmics-Crypto News and Media Platform.
