Bitcoin mining pool, Antpool miner, produces an invalid Bitcoin block corroborated by 8 nodes

Bitcoin block at height 584,802 was an invalid block due to a discrepancy in coinbase reward value. The invalid block was confirmed by 8 other nodes at forkmonitor.info. BitMEX research tweeted: Bitcoin had an invalid block at height 584,802, as spotted by @juscamarena All 8 nodes at https://t.co/WKQ8hPDGON identified the block as invalid: Bitcoin Core 0.18.0Bitcoin […]
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Source: AMB Crypto

Craig Wright Praised as Satoshi Nakamoto by The Council of Bogota

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Craig Wright Praised as Satoshi Nakamoto by The Council of Bogota
After the session with the Council of Bogota, Craig Wright reportedly received a special document recognizing his work in Bitcoin as Satoshi Nakamoto, adding to the earlier patents he’s registered with the U.S. copyright office in that regard.
Craig Wright Praised as Satoshi Nakamoto by The Council of Bogota

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Source: CoinSpeaker

Crypto-Market Top Weekly Performers: Bitcoin, Litecoin, XRP, Bitcoin SV, ATOM and Binance Coin

Bitcoin [BTC] volatility has increased over the past few weeks. The last 30-Day Estimated of volatility in Bitcoin is around 5.04%.  Moreover, the volatility has usually been inclined towards the positive side.
Nevertheless, the momentum has shifted slightly towards the bearish side as the traders look for a pullback. However, the pullback was limited at around $7500 during the past week. The trading range was usually around $7800-$7900 during the week.
This was also one of the first weeks since February when Bitcoin recorded a significantly long red candle. The total market capitalization of the market has been around $250 billion, with Bitcoins dominance around 55.5%.
Also Read: Bitcoin Mining Report By Coinshares and Fidelity Breaks Rhetoric on Profitability and Geo-fencing
BTC/USD 1-Day Chart on Bitstamp (TradingView)
Opening Price: $8735
Closing Price: $7901
The weekly Loss: 9.61%
Weekly High/Low: $8745/$7432
Litecoin [LTC]
Litecoin has been one of the best performing coins of the week, with an upwards momentum. The market is possibly expecting gains because of the halving event, which is due to occur in less than two months.
The bullish momentum in the cryptocurrency market seems to have cooled down with Bitcoin [BTC] looking down towards a pullback, Litecoin gains have maintained the positive energy in the market.
LTC/USD 1-Day Chart on Bitstamp (TradingView)
Opening Price: $114
Closing Price: $117
The weekly gains 2.6%:
Weekly High/Low: $121/$97.5
XRP
XRP had an exciting week with volatility induced by rumors and speculation. XRP broke above the 0.000054 BTC mark as news of Ripple acquiring MoneyGram started to spread.
Nevertheless, the price held its gains above $0.4. Moreover, the yearly benefits on XRP have been limited this year contrary to its performance and the large community of investors around the world. This has been probably affected by centralized coins being designed by JPMorgan and Facebook.
XRP/USD 1-Day Chart on Bitstamp (TradingView)
Opening Price: $0.44
Closing Price: $0.40
The weekly loss: 9.04%
Weekly High/Low: $0.464/$0.382
Bitcoin SV [BSV]
Bitcoin SV [BSV] continued its gains at the start of the month as it seems to be consolidating at the high above $200. In a week more than a fort-night BSV has gained from $60 to trade above $200. The price was accentuated with another rumor on Satoshi Nakamoto’s identity. While there has been volatility around it, the momentum has been towards the positive.
BSV/USD 1-Day Chart on Bitstamp (TradingView)
Opening Price: $192
Closing Price: $195
The weekly loss: 3.14%
Weekly High/Low: $237/$173
Cosmos (ATOM)
Cosmos has been one of the few cryptocurrencies with limited weekly loss as the positive momentum on it was maintained at the beginning of the month as well.
ATOM/USD 1-Day Chart on Kraken (TradingView)
Opening Price: $6.4
Closing Price: $6.11
The weekly loss: 0.05%
Weekly Low/High: $5.64/$7.2
Binance [BNB] Coin
Binance [BNB] Coin has been trading news the $30 region. The Exchange backed token was one of the best performing coins of the first quarter in 2019, was affected after the Binance Hack. However, the recovery has been consistent as none of the users were affected.
The scale of economy in the cryptocurrency market and the growth of the Exchange has been faring well of Binance coin holders as well.
BNB/USD 1-Day Chart on Bitstamp (TradingView)
Opening Price: $33.1
Closing Price: $31.6
The weekly loss: 4.5%
Weekly High/Low: $33.2/$28
*The percentage dominance of cryptocurrencies w.r.t. to the total market capitalization of the market at $0.5 billion is 0.23%. Hence, for Analysis purpose, we will only consider cryptocurrencies with a total market capitalization $0.5 billion or more. For future analysis, we’ll try to maintain 0.25% as a standard for the calculation.
**The data is taken at around 11: 00 Hours UTC on 9th June 2019. 
The post Crypto-Market Top Weekly Performers: Bitcoin, Litecoin, XRP, Bitcoin SV, ATOM and Binance Coin appeared first on Coingape.
Source: CoinGape

Litecoin [LTC], XRP prices soar as Bitcoin SV [BSV] falls in the face of major correction

Litecoin, the fifth largest cryptocurrency in the world, pumped by approximately 6% while the third largest cryptocurrency, XRP, pumped by ~4% over the last 24 hours. Bitcoin SV, the so-called “real Bitcoin,” had however collapsed by 8.26% over the same time period.
The rest of the top 10 cryptocurrencies were coping badly. Bitcoin [BTC] was recovering from a 6% dip yesterday, which explained the price movement of most other cryptocurrencies.
Source: TradingView
Litecoin, as seen in the chart above, had broken out of an ascending triangle on June 07 at 01:30 IST. The resultant breakout pushed the price of Litecoin from $103 to a maximum of $112. However, the price at press time was $111.42, after pumping by approximately 8% in less than 3 hours.
XRP’s price movement was a little different than that of Litecoin’s. It was probably caused by the FUD/rumor surrounding Ripple and Money Gram. The rumor was that Ripple had acquired Money Gram. The speculation of this may have contributed to XRP’s price pumping from $0.39408 to $0.4270, which is an 8% rise in less than 2 hours.
Source: TradingView
The price of XRP has started consolidating since then, and was moving in a sideways fashion, at press time. The price of XRP, at press time, was $0.4284 and it had a market cap of $17.7 billion.
Bitcoin SV saw some serious pumps recently, pushing the coin to become one of the top 10 cryptocurrencies on the charts. The price of BSV, at press time, was $193 and the coin had a market cap of $3.4 billion.
Source: TradingView
The price of BSV had fallen by 8.26%, as seen on CoinMarketCap. However, BSV has been collapsing since June 5. Starting from $232, it shrunk by 22% and dropped to $182. However, BSV has since started to recover.
Tezos, the 17th largest cryptocurrency, pumped by a massive 13.50% over the last 24 hours, which is the highest pump in the top 20 coins.
The post Litecoin [LTC], XRP prices soar as Bitcoin SV [BSV] falls in the face of major correction appeared first on AMBCrypto.
Source: AMB Crypto

Vitalik Buterin: Bitcoin SV is a Scam but Binance May Be Centralizing Its Power

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Vitalik Buterin: Bitcoin SV is a Scam but Binance May Be Centralizing Its Power
Ethereum co-founder Vitalik Buterin has publicly questioned both Binance and Bitcoin SV in an interview he gave to YouTuber Hardcore Crypto. He called Craig S Wright’s Bitcoin SV a “complete scam”.
Vitalik Buterin: Bitcoin SV is a Scam but Binance May Be Centralizing Its Power

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Source: CoinSpeaker

Bitcoin SV possibly runs the risk of an attack after its hashrate nears 51%

Craig Wright’s pet project recently pumped, resulting in the price of the coin skyrocketing and entering the top 10 cryptocurrencies list. Over the recent correction wave, BSV stood far apart from the crowd as it was the only coin to register some growth and keep the bears at bay. However, there is allegedly something so suspicious going on in the BSV ecosystem, that the community may just call upon Scooby-Doo, Shaggy and the rest of the gang.
According to a Reddit post, BSV’s hash rate crossed 51% and a group of mining pools had control of 52.78% of BSV blocks.
Source: Reddit
However, at press time, the other mining pools hold over the BSV mining pool had slipped and controlled 50% of the pool, which is a large number and too close to being attacked. A 51% control could mean that these entities would have the power to double spend BSV, halt transactions and launch a 51% attack.
Source: Coin Dance
A similar thing took place a few weeks back with Bitcoin Cash [BCH]. However, in its case, a single entity, BTC.top controlled nearly 54% of the hashrate. BTC.top, a China-based private entity on multiple occasions, has crossed 50% of the BCH hash rate.
According to data collated by Coin Dance, over the past seven days ‘Other mining pools’ covered 38% of the BSV hashrate, which was still higher than others. Even after crossing 51%, the coin seemed unaffected.
At press time, BSV was valued at $228.20 with a market cap of $4.07 billion. The 24-hour trading volume of the coin was reported to be $937.86 million, as it spiked by 3.20% over the day. Over the past seven days, the coin pumped by a massive 73.13%, and continued its upwards journey by 0.35% within the hour.
The post Bitcoin SV possibly runs the risk of an attack after its hashrate nears 51% appeared first on AMBCrypto.
Source: AMB Crypto

Crypto Market Wrap: Altcoin Losses Accelerate as Correction Continues

Crypto markets sliding slowly; EOS, Cosmos ETC accelerating losses, BSV and Tron holding steady. 
Market Wrap
The crypto correction appears to have slowed today but has not reversed and the short term trend is still downwards. Markets have settled a little following yesterday’s big dump but further losses could be imminent. Total market capitalization has now dropped below $250 billion.
Bitcoin has spent a large part of the past 24 hours hovering around $8,000 but could not hold that level. A slide last night dropped it back below $7,500 but BTC has since recovered marginally. Lower highs and lower lows indicate further losses however; Bitcoin is currently trading at $7,750.
Ethereum has weakened slightly and is now back below $245. Price has turned short term bearish and it is likely to mimic what Bitcoin does over the course of the day. Major ETH support lies at $240.
The top ten is still largely in the red for the third day this week. Losses have decelerated though and altcoins appear to be preparing for a bounce which may be short lived. EOS has dumped a further 6 percent dropping back to $6.20 while Litecoin hold steady above it in fifth. The rest have not moved much aside from Bitcoin SV which, adding another 4 percent, could be manipulated again.
Top twenty movements during Asian crypto trading today are larger, and mostly in a southerly direction. Ethereum Classic has dumped the most with 11 percent back to $8.18 while Cosmos is close behind dropping 8. NEO and Tezos continue their slide with another 6 percent lost each. Only Tron is making a little back today as 4 percent is added to TRX to reach $0.035.
FOMO: HedgeTrade Hedges In
Something called HEDG has surged into the top one hundred with a 50 percent pump today however an obscure spike in price that instantly dumped is responsible. GXChain and Bytom are both going strong at the time of writing with 14 percent added each and Revain has been revived with a 13 percent gain on the day.
At the messy end of the tables Crypto.com Chain sliding back 12 percent. Ravencoin is also in a bad way this morning with an 8 percent dump.
Total market cap 24 hours.
Total crypto market capitalization has declined for another day but only by 1.6 percent to $248 billion. Over the week a downtrend has started to form and losses could accelerate if Bitcoin and its brethren cannot hold their support levels. Daily volume is still a high $80 billion and BTC dominance has crept back up to 55.7 percent.
Market Wrap is a section that takes a daily look at the top cryptocurrencies during the current trading session and analyses the best-performing ones, looking for trends and possible fundamentals.
The post Crypto Market Wrap: Altcoin Losses Accelerate as Correction Continues appeared first on NewsBTC.
Source: New feedNewsBTC.com

Crypto Market Wrap: Is a Red Monday About to Intensify?

Crypto market consolidation continues Monday; XRP, BSV and ATOM still climbing, EOS and Tron falling back.
Market Wrap
The weekend has seen gains on crypto markets as another correction gets quashed. Friday’s big $25 billion dump did not extend into the weekend and things started to recover pretty quickly. Total market capitalization climbed above $270 billion again and the longer term uptrend is still going strong.
Bitcoin reached an intraday high late Sunday when it made it just above $8,800. Since then BTC retreated to $8,700 where it has spent most of the past day. A fall back to $8,600 has left it level on the day as the prospects of further losses mount.
Ethereum has remained flat on the day with virtually no movement. ETH is just under $270 at the time of writing and is likely to mimic whatever Bitcoin does in the next few hours, a move back to support at $250 is looking more likely.
There are only a couple of altcoins moving in the top ten at the time of writing. XRP has lifted itself up 4 percent or so to reach $0.448 and Bitcoin SV appears to be having another manipulated pump as it surges 17 percent. BSV is currently at $218 but considering how it got there leaves little confidence in this one.  Not a lot is going on with the rest of them aside from EOS which has dumped 5 percent failing to get any fomo from the weekend B1 event.
The top twenty also only has a couple of coins on the move. Cosmos is one of them as ATOM gets an 11 percent spike and Ethereum Classic is the other as it makes around 4 percent. Tron is following EOS and losing 5 percent but the rest are pretty flat on the day.
FOMO: Metaverse ETP Spikes
Today’s dose of fomo is going to ETP which has jumped 18 percent in the past few hours. Most of the trade is going on at RightBTC and there doesn’t appear to be much driving it. BSV as mentioned is getting pumped again and Maximine Coin is back up there with another 15 percent spike.
There are no big dumps going on at the moment as markets remain in consolidation mode. Those at the bottom of the performance pile for the top one hundred include Aion and Mixin dropping 7-8 percent each.
Total crypto market capitalization 24 hours. Coinmarketcap.com
Total crypto market capitalization is currently at $272 billion which is back to where it was this time yesterday. Aside from Friday’s up and down, crypto markets have been pretty sideways all week and are where they were again last Monday. A Bitcoin correction could be imminent as red starts to seep in to the markets on Monday.
Market Wrap is a section that takes a daily look at the top cryptocurrencies during the current trading session and analyses the best-performing ones, looking for trends and possible fundamentals.
The post Crypto Market Wrap: Is a Red Monday About to Intensify? appeared first on NewsBTC.
Source: New feedNewsBTC.com

Crypto-Market Top Weekly Performers: Bitcoin, XRP, Tron, IOTA, EOS, and Bitcoin SV

The cryptocurrency market capitalization had breached the $275 billion mark for the first time this year, as the sentiments towards cryptocurrencies, especially Bitcoin [BTC] have been on the rise with increasing adoption and development.
Bitcoin price went through a roller coaster ride this week as it began and ended the week around $8700. BTC recorded a Year-to-Date (YTD) high near $9100 on Thursday which was followed by a swift pullback to $8000. Nevertheless, the price rose the following day again, and Bitcoin has above $8700.
BTC/USD 1-Day Chart on Bitstamp (TradingView)
Opening Price: $8733
Closing Price: $8740
The weekly gains: 0.09%
Weekly High/Low: $9096/$8000
The market dominance of bitcoin was around 55% during the week, with rather significant ups and downs. However, Bitcoin continues to be the primary driver of price in the cryptocurrency markets.
Nevertheless, developments and news around other cryptocurrencies were also plenty during the week. Some of the notable gains were recorded in the following cryptocurrencies (Not in any specific order):
XRP Gains on Market Momentum
One of the top gainers in the recent week has been XRP as it continues to consolidate above $0.43. Concerning Bitcoin [BTC], the price is finding support above 0.00005 BTC.
Also Read: Bitcoin [BTC] Builds a Strong Case as ‘Store of Value’; XRP ‘Golden Cross’ On the Horizon
XRP/USD 1-Day Chart on Bitstamp (TradingView)
Opening Price: $0.409
Closing Price: $0.439
The weekly gains: 7.39%
Weekly High/Low: $0.474/$0.404
EOS Builds On Anticipation of a Big Announcement of its Secretive Social Media Platform
EOS was one of the top performing coins as Block.one built immense anticipation of a big announcement scheduled for June 1, 2019. The firm announced a new Social Media network, Voice, which rewards the users for the number of likes and engagements. It is was published on a large scale and drew the attention of almost the entire crypto-community.
Nevertheless, the price surge subsided after the release as the social media platform still has a very long way to go interns of user base and to build communities online.
EOS/USD 1-Day Chart on Binance (TradingView)
Opening Price: $6.94
Closing Price: $7.88
The weekly gains: 13.46%
Weekly High/Low: $8.71/$6.71
Bitcoin SV [BSV] Controversy Over Copyright  Doesn’t Stop the Price
Bitcoin SV [BSV] is the highest gainer of the week with near 100% gains. The price broke above $$250 to register a new All-Time High (ATH) on BSV. However, there was considerable volatility in the price. Moreover, the fundamentals of the rise were questioned at each step, and it was presumed to be back by fake news.
BSV/USD 1-Day Chart on Bittrex (Tradingview)
Also Read: Bitcoin SV [BSV] Flash Crash at Bitfinex; Another Copyright For Satoshi’s Whitepaper
Opening Price: $104
Closing Price: $189
The weekly gains: 83.11%
Weekly High/Low: $252/$103
Tron Breaks above $0.04
Tron [TRX] was one of the top gainers as CEO of Tron Foundation has also kept something ‘up his sleeve’ which he will reveal on June 3, 2019. Tron also has a massive community of investors and Dapp developers backing its price.
TRX/USD 1-Day Chart on Binance (TradingView)
Opening Price: $0.0311
Closing Price: $0.040
The weekly gains: 28.65%
Weekly High/Low: $0.0411/$0.0291
 
IOTA’s New Blockchain
IOTA announced a new update to its protocol, ‘coordicite’, which enabled permissionless, zero-fee transactions on the network. This is hailed as one of the most innovative protocols for the execution of blockchain-based transactions.
IOTA/USD 1-Day Chart on Binance (TradingView)
Opening Price: $0.41
Closing Price: $0.494
The weekly gains: 20.41%
Weekly Low/High: $0.392/$0.574
*The percentage dominance of cryptocurrencies w.r.t. to the total market capitalization of the market at $0.5 billion is 0.23%. Hence, for Analysis purpose, we will only consider cryptocurrencies with a total market capitalization $0.5 billion or more. For future analysis, we’ll try to maintain 0.25% as a standard for the calculation.
**The data is taken at around 11: 00 Hours UTC on 2nd June 2019. 
The post Crypto-Market Top Weekly Performers: Bitcoin, XRP, Tron, IOTA, EOS, and Bitcoin SV appeared first on Coingape.
Source: CoinGape

Peter McCormack Might Pay Craig Wright More Than £700,000

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Peter McCormack Might Pay Craig Wright More Than £700,000
Peter McCormack shared the details of how Wright’s libel case against him has been developing. He now has to decide on how to act regarding the libel accusation and choose one of the options he has.
Peter McCormack Might Pay Craig Wright More Than £700,000

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Source: CoinSpeaker

Peter McCormack readies his legal defense; prepares to battle Craig Wright, Calvin Ayre

Peter McCormack, host of What Bitcoin Did podcast, has announced that he is preparing for his legal battle with Craig Wright and Calvin Ayre. He also requested help from the crypto-community to build “the most vigorous defense possible.”
McCormack tweeted,

1/ I have instructed RPC to act of my behalf in my defence against Craig Wright. After reviewing pro-bono offers v the market I have decided it is essential to appoint the best firm possible.
RPC is the best and most equipped UK firm to defend in cases of libel.
— Dr. Peter McCormack (@PeterMcCormack) May 31, 2019

McCormack commented that he would need a “trusted group of Bitcoiners” to keep the whole process transparent and agree on fundraising methods, types of currencies accepted, and management/audit/use of funds.
In addition, he said,
“We will build the most vigorous defence possible and use the full weight of evidence that supports us in this case. I will likely require the support of expert developers, cryptographers and OGs to give evidence in support. Thank you to the many offers already received.”
Further standing his ground, McCormack stated that he still “does not believe that Craig Wright is Satoshi” Nakamoto, and that Craig Wright and Calvin Ayre’s recent statements were “coordinated and a sustained attack on Bitcoin.”
McCormack said,
“While I can cover some of the cost, a solid defence will require a fund, and I am therefore accepting the advice and support of everyone.”
The harassment and libel suits filed by Craig Wright started with Hodlonaut, and then continued after many others like Peter McCormack received similar legal notices. McCormack also tweeted,

@CalvinAyre coming for you big boy…https://t.co/IaLxAjt0Ge
— Dr. Peter McCormack (@PeterMcCormack) May 31, 2019

The post Peter McCormack readies his legal defense; prepares to battle Craig Wright, Calvin Ayre appeared first on AMBCrypto.
Source: AMB Crypto

Craig Wright Got His First Competitor: Wei Liu Registered Bitcoin White Paper Copyright

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Craig Wright Got His First Competitor: Wei Liu Registered Bitcoin White Paper Copyright
A second copyright registration for the Bitcoin white paper has appeared on the public catalog of the United States Copyright Office, indicating that a person named Wei Liu is claiming to have originated the work under the pseudonym Satoshi Nakamoto.
Craig Wright Got His First Competitor: Wei Liu Registered Bitcoin White Paper Copyright

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Source: CoinSpeaker

Bitcoin SV [BSV] falls by over 10% in a day; Ethereum [ETH] and Bitcoin Cash [BCH] follow suit

The cryptocurrency market saw the bull taken down by the bear, as most major cryptocurrencies bled. Bitcoin SV [BSV], which pumped by double digits, also fell by double digits over the past day. BSV was followed by Ethereum [ETH] and Bitcoin Cash [BCH].
Bitcoin SV [BSV]
Source: Trading view
The eighth largest coin on CoinMarketCap fell by a massive 18.62% over the past day, after pumping by 86.96% over the past week. BSV was valued at $185.48, with a market cap of $3.30 billion. The 24-hour trading volume of the coin was $1.42 billion.
BSV noted a high trading volume with BSV/KRW pair on Upbit exchange. The trading pair reported a volume of $191 billion, followed by OKEx registering a volume of $177 million via BSV/USDT pair. The third place was taken by Huobi Global with BSV/USDT pair and noted a trading volume of $126 million.
Ethereum [ETH] 
Source: Trading view
Ethereum [ETH], the second largest coin on CoinMarketCap, was falling by 10.35% over the past day and was valued at $253.82. The 24-hour trading volume of the coin was noted to be $13.12 billion.
ETH was highly traded on BW.com with ETH/USDT pair and a trading volume of $468 million. DOBI Exchange took the second and the third place with ETH/USDT and ETH/BTC pairs, respectively. With ETH/USDT pair, the exchange noted a volume of $372 million, followed by ETH/BTC pair with a volume of $352 million.
Bitcoin Cash [BCH]
Source: Trading view
Bitcoin Cash [BCH] was valued at $421.28, with a market cap of $7.50 billion. The 24-hour trading volume was reported to be $2.71 billion as the coin fell by 10.28% over the past day. The coin had however spiked by 3.57% over the past week and was up by 0.58% within the past hour.
The coin was highly traded on OEX with BCH/USDT pair. The trading volume registered by this pair was $290 million. The second place was taken by CoinBene via BCHABC/USDT pair with $202 million. CoinBene was followed by OKEx as it noted a trading volume of $197 million with BCH/USDT pair.
The post Bitcoin SV [BSV] falls by over 10% in a day; Ethereum [ETH] and Bitcoin Cash [BCH] follow suit appeared first on AMBCrypto.
Source: AMB Crypto

Binance CEO Gives ‘Fitting Reply’ To Craig Wright Over Appalling Allegations

Craig Wright, who is persistent with his claims of being Satoshi Nakamoto, the creator of Bitcoin [BTC] has accused Binance of being involved in human trafficking and prostitution. He accused Tether and Bitfinex of the same crimes. In a recent Bitcoin Satoshi Vision [BSV] Conference he said,
“Right now Illegal operations pumping money in Tether and Binance. Illegal use of people smuggling. Right now 30% of Binance money funds women in prostitution.”
It was brought to the notice of the CEO of Binance by Peter McCormack and Max Keizer. Nevertheless, Changpang Zhao was calm and probably gave a fitting reply to the allegations.
attention is probably what he wants… We ignore stupid stuff, and focus on things that matter. #BUIDL
Peter McCormack vs Craig Wright
Craig Wright has sued Peter McCormack for defamation and asked for an apology in open court while accepting the fact the, he is in fact, Satoshi Nakamoto. Peter McCormack, tweeted to this,
One thing I refuse to do is accept or say in court that Craig Wright is Satoshi and that BSV is the real Bitcoin.
Moreover, the many members from the crypto-Twitter community have extended their support by offering to participate in crowdfunding for the legal expenses of the case. However, McCormack has insisted that,
Please stop harassing people telling them they have to financially support my defence. If I choose to crowdfund then I’ll post an address which will be optional and [Jake Chervinsky] will audit the use of funds. I have options before I go down this path.
He has also decided to defend the case and expressed the fact with new-found vigor.
An Australian registered as a citizen from Antigua and Barbuda, financed by a Canadian is looking to use the libels laws of “my home country” to sell a lie, I look forward to defending this.
He has also continued to make satirical comments on Craig Wright and Calvin Ayre unabashedly. The price of Bitcoin SV [BSV] also broke below $190 a roller-coaster ride due to the spread of the ambiguous and then, possibly fake news rumor in China.
Moreover, with a certain amount of controversy and extreme price fluctuation, it is clear that the identity of Satoshi would create more problems for cryptocurrency markets than it would solve. Hence, he claims must be put to a stop as he hasn’t been able to prove them either. The real Satoshi acted anonymously for a reason which must be respected.
Also Read: How To Prove the Real Identity of Satoshi Nakamoto, the Creator of Bitcoin? CZ Suggests
Do you think that the ‘playing dirty’ tactics would work for Craig now that everything else seems to be failing? Please share your views with us. 
The post Binance CEO Gives ‘Fitting Reply’ To Craig Wright Over Appalling Allegations appeared first on Coingape.
Source: CoinGape

Bitcoin SV [BSV] Flash Crash at Bitfinex; Another Copyright For Satoshi’s Whitepaper

A Chinese citizen, Wei Lui, has filed a copyright registration at the US copyright office for the original Bitcoin white paper titled, Bitcoin: A peer-to-peer cash electronic system.
Wei Lui, the Chinese Citizen who lives in the US, has 19 copyrights in his name. The Bitcoin Whitepaper Copyright registration number and date is TX0008726120 / 2019-05-24.
Wei Lui’s Copyright Registration of BTC Whitepaper (Source) 
The copyright claim issue began with Craig Wright the lead proponent of Bitcoin SV [BSV] along with Calvin Ayre’s media publication, spread the news which led the people to believe that the US Copyright Office had granted Craig the ownership for Bitcoins’ creation. That he is, in fact, Satoshi Nakamoto himself.
Also Read: Bitcoin SV [BSV] Holds 80% Gains; MIT License To Challenge Craig’s Copyright?
The hoax was put to a stop when leading lawyers explained the US copyright laws. Jake Chervinsky noted that,
This is nonsense. There’s literally no such thing as being “awarded a copyright” under US law. The only real benefit of registering with the Copyright Office is the right to sue for statutory damages & attorney’s fees. Craig Wright’s copyright registration is meaningless theater.
Moreover, according to the law, more than one competing claims are invited for any work, and they do not even verify the claims in case of anonymous work like Bitcoin.
BSV Price Analysis: Registers 300% Gains in less than a fortnight
Nevertheless, despite the debate between Bitcoin SV proponents and crypto-community, the price of Bitcoin SV has increased tremendously in the past couple of weeks. The price rose by 300% after the news of the Copyright broke out. The price rose from $60 to a high above $240 during the rise.
BSV/USD 1-Day Chart on Bittrex (TradingView)
The rise can be categorized as abnormal; however, it has in some parts led the altcoins in the green as well. It gained about 100% from 29th to 30th May 2019.
Manipulation is also suspected in the Bitcoin SV markets. Earlier today, a flash crash of more about 80% from $207 was recorded, when Bitcoin SV fell to a low of $44. Reportedly, a large sell order of 25000 BSV triggered the move but was instantly filled at the market price before the crash.
BSV/USD 4-Hour Chart on Bitfinex (TradingView)
Also Read: Fake Satoshi and Binance Rumor in China Cause Bitcoin SV [BSV] Rise: Report
The markets at other Exchanges remained unaffected during the move at Bitfinex. The rise of BSV price is supported not only by weak fundamentals but ambiguous implications, which raise ultimate questions on the credibility of the increase.
Do you think that Bitcoin SV will sustain the price above $200? Is it primed to increase further or a downside is imminent? Please share your views with us. 
The post Bitcoin SV [BSV] Flash Crash at Bitfinex; Another Copyright For Satoshi’s Whitepaper appeared first on Coingape.
Source: CoinGape