Changpeng Zhao (CZ), CEO of the world’s largest crypto exchange Binance, stopped following Elon Musk on Twitter.
Binance CEO CZ Sunday, May 14 removed Elon Musk from his watch list. public reflection between the two although there is no discussion Musk’s plans for the cryptocurrency industry may lie behind the dispute in question.
For now, although the reason behind CZ’s move is not known exactly, a Binance spokesperson, what the stock market did to Twitter last year 500 million dollar investment announced that he would not be affected by this move. With the acquisition of Twitter, CZ invested $500 million to help Musk realize a new vision for the platform.
CryptoPunks focused NFT platform of NotLarvaLabs founder and Pepe (PEPE) known as a supporter Pauly0x The social media user alias attributed the tension to Musk’s attempt to open a cryptocurrency wallet via Twitter. in your postStating that CZ was angry with these plans, Pauly0x made the following statements in the continuation of his statement:
It is clear that CZ is very angry with the crypto wallet project planned to be implemented by Elon Musk. That’s why CZ unfollowed him. When the wallet in question is released, PEPE will function as the local currency. This makes sense. The most fun outcome is the most likely.
In fact, Twitter’s cryptocurrency wallet plans are not new. The company took action in this regard in the first quarter of 2022, but November 2022Priorities changed with Musk’s acquisition of Twitter in . purse plan postponed. re-emerging Although it is not known when this project will come to life, the Twitter front is on the subject. stability it becomes clear.
Reason could also be the eToro agreement
Lucra A Twitter user named CZ is the reason behind this decision of Twitter and financial services company. eToro He argued that this was due to the growing partnership between the two.
Last month, eToro, as part of an agreement with Twitter including various stocks, crypto- And for other assets through the eToro infrastructure, which provides real-time price data and investment option offering a agreement announced that it provided