According to Binance’s announcement dated June 2, TLM/BUSD and ICP/BUSD pairs are being delisted from the platform. In addition, it was announced that the token exchange of THORChain, which will migrate to its own network, will be supported. Binance is announcing important developments for 3 altcoin projects today.
Delist decision for 2 popular altcoins from Binance
Leading cryptocurrency exchange announced that futures for TLM/BUSD and ICP/BUSD will be delisted on June 9. Both contracts will be delisted from the date announced after the deal is completed. In addition, TLM BUSD and ICP BUSD-margin contracts will be listed by the exchange on a soon-to-be-announced date. Open positions must be closed before delisting time to avoid automatic payouts.
Internet Computer (ICP) was launched in May 2021 with a global goal to push the boundaries of internet functionality and support smart contract development on a larger scale. Benefits of the project include a talented team of crypto enthusiasts and smart contracts capability that allows developers to create dApps. In addition, ICP supports nearly infinite scalability and a high level of security maintained through a control system. ICP is trading at $8.36 at the time of writing.
Alien Worlds (TLM) is the decentralized, NFT metaverse where players compete for scarce resources, Trilium (TLM). Players can stake TLM by staking. Alien Worlds was developed by Dacoco GmbH, which has been behind three projects to date.
Binance supports mainnet swap of BEP2 THORChain (RUNE)
Binance also announced that it will support token swap of THORChain (RUNE) moving from BEP2 network to mainnet. Conversion to Mainnet THORChain (RUNE) tokens will take place at a ratio of 1:1. June 6, RUNA token creation and withdrawals on the BEP2 network will be suspended. Users must deposit BEP2 RUNE tokens before this date.
THORCHain without losing full custody of users’ assets It is a decentralized liquidity protocol that allows them to easily exchange their cryptocurrencies between various networks. As we have included in the analysis of Kriptokoin.com, it lost approximately 70% of its value in the decline caused by Terra.
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