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Crypto & Bitcoin

Can Binance’s $1B SpaceX Stake Offset Massive Crypto Hack Shortfall?

Reported by Sead Fadilpasic, Coin Edition

Image: Coin Edition

Binance co-founder Changpeng ‘CZ’ Zhao has pointed to the value of the exchange’s investment linked to Elon Musk’s business empire, even as Binance deals with a security breach that cost $6.3 billion. The stake, which traces back to Musk’s 2022 Twitter (now X) buyout, is reportedly worth over $1 billion, raising the question of whether … Read The Full Article Can Binance’s $1B SpaceX Stake Offset Massive Crypto Hack Shortfall? On Coin Edition .

This is an excerpt. The reporting belongs to Coin Edition.

Read the full report on coinedition.com
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