Antitrust specialists are concerned about how Binance and FTX made the acquisition deal through Twitter first.
Following the news that Binance was acquiring FTX, the FTT token began to rebound.
The deal between Bakkt and Apex Crypto is still subject to regulatory approval.
There is no limit to what Twitter can become eventually as Elon Musk has reiterated his agenda to explore every avenue to make the platform the best place for free speech.
The new Twitter ownership is leaning towards introducing an ‘unpopular’ paid subscription service for account verification.
There is still no idea what the new Twitter under Elon Musk will be like.
The a16z crypto general partner is not new to Twitter. He wrote on his LinkedIn page that he worked at Twitter for three years, between 2017 and 2019.
Alta CEO said the acquisition of Hg Exchange marks a new chapter in the firm’s journey to revolutionize private markets with a blockchain-powered digital exchange.
Reports showed that Bankman-Fried was supposed to contribute to Musk’s project to buy Twitter. However, the FTX CEO did not become a part of it.
In the case of Elon Musk and Twitter, speculations have hinted that the world’s richest man will sack as many as 75% of all his workers.
Elon Musk’s Twitter acquisition has set the DOGE price on fire. Cardano founder Charles Hoskinson proposes making Dogecoin a Cardano sidechain for integration into Twitter.
CZ noted Binance’s excitement at being able to contribute to Musk’s vision for Twitter.
While ad revenue has been slumping in recent times, Elon Musk said he is committed to making the social media firm healthy again with a number of monetization features.
The tech billionaire said that Twitter would help accelerate his X.com app, an all-in-one platform like WeChat.
The last six months have been an experience of back and forth on the deal for both Elon Musk and Twitter.