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Binance’s CEO and founder, Changpeng Zhao, made headlines exterior his typical wheelhouse of web3 as an investor in Elon Musk’s Twitter buyout. Zhao, who put in $500 million, advised an viewers at Net Summit in Lisbon, Portugal this week that he would contemplate becoming a member of the social media firm’s board if Musk requested him to take action.
However why is he desperate to get entangled with the messy means of operating of a social media firm when that seemingly has little to do with crypto, Binance’s core enterprise? Basically, what’s in it for the trade?
We tried to reply that query on this Thursday’s episode of Chain Response, the place we unpack and clarify the most recent in crypto information, drama and tendencies, breaking issues down block by block for the crypto curious.
You may take heed to the complete episode under:
On this episode, we additionally talked about:
- NFT marketplaces resembling LooksRare and Magic Eden pulling the plug on creator royalties and the way the selections may have an effect on web3 artists
Talking of Zhao, he is likely one of the audio system set to affix us at our upcoming crypto occasion in Miami on November seventeenth, and we’ll make sure you ask him about his plans for Twitter. If you happen to’re curious about listening to extra, you should use the promo code REACT for 15% off a Common Admission ticket to the occasion.
Chain Response comes out each Tuesday and Thursday at 12:00 p.m. PT, so make sure you subscribe to us on Apple Podcasts, Spotify or your favourite pod platform to maintain up with the motion.
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