Is Binance investing in Elon Musk's $44 billion acquisition of Twitter?

Binance Holdings Ltd., the world’s largest cryptocurrency exchange, confirmed that it’s an equity investor in Elon Musk’s $44 billion acquisition of Twitter Inc. From dealing with unexpected medical costs to supporting adult children, Americans often find themselves facing expenses they weren't anticipating in their golden years.

Why did Binance buy Twitter?

Binance chipped in $500 million as an equity partner with Elon Musk to buy Twitter in hopes of using the social media platform as a “sandbox” to deal with Web 3 issues, according to the exchange’s chief strategy officer, Patrick Hillman.

Will Binance make Sequoia whole again?

In Georgiades' view, it's unlikely Binance will come in and make investors like Sequoia whole again, because the primary goal will be to meet short-term claims such as customer withdrawals.

Why did Binance lose $12 billion?

Binance lost an eye-popping $12 billion worth of assets in just two months as customers pulled their funds from the exchange amid a deepening confidence crisis in the crypto market, Forbes reported Monday.