Binance to Delist Ten Margin Pairs, Including ANT, RVN, FIRO, BAL, on September 14, 2023

Binance Margin, a feature of the Binance cryptocurrency exchange, has announced that it will delist ten isolated margin pairs effective September 14, 2023, at 06:00 (UTC). The pairs to be removed are ALPHA/BUSD, ANT/BUSD, BAL/BUSD, COS/BTC, DGB/BUSD, FIRO/BUSD, OOKI/BUSD, QI/BTC, RVN/BUSD, and TWT/BUSD.

Timeline of Events

The delisting process will follow a structured timeline:

September 4, 2023, at 06:00 (UTC): Suspension of isolated margin borrowing for the affected pairs.

September 14, 2023, at 06:00 (UTC): Automatic settlement of users’ positions and cancellation of all pending orders on the specified pairs.

Users are strongly advised to close their positions and transfer their assets from Margin Wallets to Spot Wallets before September 14, 2023, at 06:00 (UTC). Binance has stated that it will not be responsible for any potential losses incurred during the delisting process.

Implications for Users

The delisting of these margin pairs could have various implications for traders. For one, it limits the options for leveraging assets in the short term. It also necessitates the reallocation of assets for those who have existing positions in these pairs.

Binance delisting actions are generally taken due to low trading volume, regulatory concerns, or technological issues with the assets involved.

Risk Management

The announcement also serves as a reminder for traders to exercise caution and risk management. Users are unable to update their positions during the delisting process, making it imperative to act before the deadline.

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Crypto Whale Says He’s Preparing To ‘Buy Tears’ and Bet on Two Small-Cap Altcoins

One crypto whale says he’s getting ready to “buy tears” amid the ongoing correction in the markets as he bets big on two under-the-radar small-cap altcoins.

In a tweetstorm, the pseudonymous whale known as Crypto Messiah tells his 132,000 followers not to bother trying to buy bottoms and sell tops.



“You’ll never buy the bottom… and you’ll never sell the top.

Average in/out is the only way to do this. I’m extremely confident that we haven’t seen the last of ‘productive assets.’

I’m also extremely confident that this decentralized finance (DeFi) bear [market] won’t be extended.

I’m here to buy tears.”

Crypto Messiah says that he’s keeping an eye on the DeFi index, which is a weighted average of 25 of the biggest decentralized finance (DeFi) coins, similar to the S&P500 or Dow Jones index.

The whale says that once the DeFi index reaches a final support level down near 6,000, he’ll be looking to go long.

“Here’s my plan… whether it turns out to be a good plan or a bad plan is yet to be seen…

Watching FTX DeFiperp. When/if we get here… people will be in agony. I [will] buy.

Solid confluence between previous lows/bull trend line. 2 sigma below yearly vwap (Volume-weighted average price) – hoping for reversion.”

Source: CryptoMessiah/Twitter

The crypto veteran goes on to reveal the only two low-cap altcoins he’s heavily investing when the sell-off takes place.

“Targets for blood buys are ALPHA/ROOK.

Nothing else.

Keeping it concentrated. Watching it closely.”

Alpha Finance (ALPHA) is an ecosystem of DeFi products that aim to address the limited availability of products outside the Ethereum network, as well as the lack of liquidity on decentralized exchanges (DEXs). At time of writing, ALPHA is trading at $0.58 according to CoinGecko.

KeeperDAO (ROOK) is a decentralized organization that provides liquidity to markets of smart-contract-based solutions. At time of writing, ROOK is trading at $148.67 according to CoinGecko.



As for Bitcoin, it appears Crypto Messiah is still bullish on the king cryptocurrency. Last week, in an episode of Delta-Fi, the analyst claimed that El Salvador would likely be the first domino to fall in a big trend of global Bitcoin adoption.

“It’s the first domino in a string of many disenfranchised nations and then maybe, other countries that are looking to reduce their reliance on US dollars. Coming in and saying like ‘Hey we want to go with Bitcoin. We want to go with a currency for our country that can’t be manipulated, that can’t be controlled…’

It is kind of an interesting situation because I hear that the IMF (International Monetary Fund) is meeting with the president of El Salvador soon, and there’s no way they’re going to be happy about that. So on the positive side of things, this could be like the shot heard around the world. I understand that the GDP (gross domestic product) of El Salvador is pretty much the same as the market cap of Dogecoin (DOGE), but at the same time, the fact that this has happened is huge, and several other nations that have been disenfranchised are following suit.”

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Alpha Homora defies market slump, bolsters TVL and token price on v2 relaunch

After a rocky first quarter, decentralized finance (DeFi) platform Alpha Homora announced the relaunch of its v2 leveraged yield farming program today — and so far both traders and users are celebrating as both total value locked (TVL) and ALPHA token prices soar. 

The version 2 of the platform, which allows for leverage up to 7x on popular yield farming positions on protocols such as Sushi, Curve, and Balancer, notably had to shut down to new positions after a devastating hack in February. The protocol suffered $37 million in losses, which counts among the most devastating exploits in DeFi history.

However, the relaunch so far has gone swimmingly by multiple metrics. The ALPHA token — which underwent a revamped tokeneconomic design during the downtime — is up 11.1% to $2.28 on the day, and TVL has increased by nearly $100 million since the relaunch to a total of $675 million.

It now remains to be seen how long the protocol will remain stable. In addition to the February exploit, the platform was tied to Rari Capital’s $11 million loss earlier this week, though that particular exploit was due to no fault on Alpha Finance Lab’s part. 

The relaunched v2 also came with a new set of audits, but ultimately the greatest test of a DeFi protocol is time — the longer it’s survived scrutiny from would-be exploiters, the more users can trust its longevity.

Some observers are additionally off-put by Alpha’s unusual model, which has little precedent in Tradfi. However Leo Cheng of C.R.E.A.M. Finance, whose Iron Bank protocol-to-protocol lending platform enables v2’s leveraged yield farming, argued in an interview with Cointelegraph that if flash loans can be a key cog in DeFi’s capital efficiency, leveraged lending is a logical next step.

By nature, says Cheng, a smart contract “doesn’t quite care, and it doesn’t quite see the borders with the smart contract projects” with regards to where funds are coming from. As long as a transaction will end with the various protocols involved in the green, the transaction will go through.

Alpha Finance Labs did not respond to multiple requests for comment.