Tesla CEO and the world’s wealthiest entrepreneur began the bid to acquire the social media platform Twitter on April 14, 2022. When Elon Musk became part of the Twitter board of directors, he proposed a subscription fee with Dogecoin as a payment method.
However, since April, the entrepreneur has been in the process and finally concluded the acquisition. It caused the Dogecoin price to soar to an all-time high in the last seven days. Leading firms in the crypto industry, including Binance, supported the Twitter deal with millions of dollars.
Binance CEO Comments On Musk’s Acquisition
In a recent CNBC interview, CEO Changpeng Zhao (CZ) proposed that the Twitter platform will improve and incorporate crypto. The CEO said managing a firm such as Twitter is difficult, but Musk can handle it.
According to CZ, the social media platform has many problems, including spam comments, scammer accounts, and poor…
