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BNB can now be traded on Tesla using two wallets; BNB adoption increases as it can be used to pay for coffee

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BNB can now be traded on Telsa using two wallets; BNB adoption increases as it can be used to pay for coffee
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BNB coin can now be traded on Tesla cars using two wallets, i..e Trust Wallet and Wallet connect app. Tesla’s model 3 car provides support for users to integrate games and more.

Elon Musk tweeted about the same when he said that Tesla would be porting Unity, and Unreal Engine, gaming development platforms to Tesla, which would further enable support to more variety of games. He added:

CZ replied to a user’s tweet which showed trading BNB on Tesla:

Moreover, Binance exchange has been growing stronger after the recent hack. CZ announced that the exchange was witnessing a higher magnitude of trading volumes than it did in 2017. This further secures Binance’s place on being the world’s largest cryptocurrency exchange in the world [in terms of market cap].

In addition, Paytomat Wallet announced recently that it has added support to store and even pay with BNB and Binance Chain based BEP2 tokens.

This also adds to the adoption of BNB, which seems to be decoupling from Bitcoin in recent times, as the price of BNB seems to be not affected by BTC’s price. The recently launched DEX exchange and the IEO have also seen gaining massive traction projects are migrating to BNB blockchain.





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Binance Chain testnet undergoes ‘Galileo’ update via hardfork; mainnet to follow suit

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Binance Chain testnet to receive 'Galileo' update via a hardfork; mainnet to follow soon
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Binance Chain’s testnet underwent a hardfork today at block height 24,020,000, at around 2019/06/26 7:00 AM (UTC). The new update will have various bug fixes, improvements to the existing chain, and is expected to improve on-chain performance.

The new announcement details all the features the new update will include for DEX users, or any exchanges that list BNB, or run a client. The BNB blockchain will provide validators access to create a “delist protocol” and vote on delisting trading pairs that have very little volume for a long time via governance.

The Galileo update will also provide a “Time Locking” feature for token assets, while also improving the Match Engine in Binance DEX, which according to the blog is “not optimized in some cases.” The complete list of changes is available for users to read in the changelog.

The testnet changes will be followed by changes on the mainnet. The blog added,

“Binance Chain Mainnet will also be undergoing an upgrade a few weeks later (please stay tuned with the later announcement).”

Additionally, Binance also announced the launch of Binance 2.0 for everyone, which also includes the margin trading feature on Binance. The Binance 2.0 has the website revamped, with the old one being decommissioned soon.

While some users complained that there were problems depositing USDT, others complained that margin trading feature was still not available.

A Twitter user, @rallyqt, commented,

“- Galileo upgrade
– Margin
– Binance stable coin
– Binance DEX
Keep building & piecing the Binance ecosystem together! 🧩
@cz_binance, how many users signed up for Binance this year? Alt fomo season starts when exchanges have to temp close due to an influx of users haha 😉😊”

CZ replied,

“We have increased our registration capacity in anticipation of this, a year ago. It should work, in theory, let’s see what happens. 😂
Registrations are definitely picking up speed.”





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