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Binance Coin [BNB] among 16 default cryptocurrencies supported by Samsung Galaxy S10

Biraajmaan Tamuly



Binance Coin supported by Samsung Galaxy S10 by default with one of the 16 coins
Source: Pixabay

Changpeng Zhao’s Binance Coin received a major push in terms of adoption as the token was introduced along with one of the 16 default coins supported by Samsung’s Galaxy S10.

CZ took it up on Twitter to express his gratitude and tweeted,

Source: Twitter

The new development will further the adoption of Binance Coin as a major cryptocurrency in the market.

Over the past few months, Binance Coin [BNB] rapidly improved its price valuation and made it to the top 10 cryptocurrency list. To further improve its adoption, the Binance team recently released a list of the avenues which accepted BNB as a mode of payment. The Binance team also released an infographic which listed the use-cases for the coin in categories.

The categories included Payment Options, Travel & Utility, Cash, Service, Platform, Entertainment, and Wallet.

Samsung’s Galaxy S10 was launched recently, but its cryptocurrency wallet was less than inclusive. The cryptocurrency wallet developed by the South Korean electronics giant was only made available for users in the United States, Canada, and Korea, at press time.

Binance Coin was valued $19.11 at press time and the market capitalization recorded was $2.6 billion.

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Biraajmaan is an engineering graduate who is exploring the ever-changing crypto verse while traversing his passion for cryptocurrency news writing. He is a Chelsea fan and a part-time poet and does not hold any value in cryptocurrencies yet.

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Binance Chain’s first project Mithril to launch with MITH/USDT trading pair

Namrata Shukla



Binance Chain's adds Mithril as its first project followed by MITH/USDT trading pair
Source: Pixabay

Binance launched its blockchain protocol on April 18 and it already has its first project launch on its network. Mithril, a decentralized social media platform will migrate to Binance Chain. The company’s MITH token, that ranks 121st on CoinMarketCap will transfer from ERC20 to Binance’s BEP2 standard.

Binance Chain has been a highly anticipated project in the crypto world since its announcement and with its launch, the community provided ample support to the move. According to reports, Binance is luring companies into migrating to their new native chain and leave Ethereum.

According to Mithril’s blog post, the migration commenced after the mainnet launch of the Binance Chain and informed the MITH holders that the deposit and withdrawals on will be halted for the initial 12-hour migration period, however, trading will continue. The post added:

“Once the initial migration of ERC20-based MITH to BEP2 MITH is complete, Binance users will be able to withdraw MITH to BEP2 wallets, such as the Ledger Nano S, and begin trading on Binance DEX. ERC20 versions of MITH held in private ETH wallets or on other exchanges will not be impacted.”

As Mithril announced about its migration to Binance chain, the price of MITH, Mithril’s native coin saw a surge. The coin also saw a 70% hike,  followed by a market correction. At press time, MITH was valued at $0.0782 with a market cap of $40 million. The 24-hour trading volume of the coin was $108 million as it pumped by 67.10% over the past day. In the past seven days, the coin noted a surge of a massive 81.47%, which started to dip by 0.84% over the past hour.

Following the addition of the project, Binance announced the listing of MITH/USDT trading pair, which will start trading on April 19, 10 AM UTC.

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