#delistbsv: Kraken Joins ShapeShift, Binance and Others Saying Goodbye to Bitcoin SV

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#delistbsv: Kraken Joins ShapeShift, Binance and Others Saying Goodbye to Bitcoin SV
Kraken will disable BSV deposits on April 22, trading will be ceased for all trading pairs on April 29th and, finally, withdrawals will be disabled on May 31st.
#delistbsv: Kraken Joins ShapeShift, Binance and Others Saying Goodbye to Bitcoin SV

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Source: CoinSpeaker

Blockchain Wallet, ShapeShift to Delist Bitcoin SV, Kraken Considers Joining the Bandwagon

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Blockchain Wallet, ShapeShift to Delist Bitcoin SV, Kraken Considers Joining the Bandwagon
After crypto exchange Binance’s decision to delist Bitcoin SV (BSV), anonymous exchange ShapeShift has also decided to drop the cryptocurrency, with Kraken considering to follow suit.
Blockchain Wallet, ShapeShift to Delist Bitcoin SV, Kraken Considers Joining the Bandwagon

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Source: CoinSpeaker

Why Binance Delisted BSV And Other Exchange Following The Same Suit?

Craig White, the man behind Bitcoin SV, has always claimed to be the founder of Bitcoin, Satoshi Nakamoto. But none in the crypto world have ever believed him and he has always faced a backlash. But this time things have got a bit serious and not just him but his project, the Bitcoin SV, is also facing the heat. While the coin has already been delisted from Binance, other exchanges to are gearing up to delist the coin.
Binance and Shapeshift delist BSV. Will Kraken be the next?
Craig Wright, the man behind Bitcoin SV, has for the last several years claimed that he is the person who invented the Bitcoin and is the person behind the pseudonym Satoshi Nakamoto, but his evidence for this claim has been widely disputed. This time too was no different as Wright attacked Twitter user hodlonaut (who started the Lightning Network “torch“) and other individuals with his claims of being the Nakamoto. He in fact when a step ahead asking his lawyers to send defamation notices to people who did not believe him to be Nakamoto
Specifically, Wright placed a bounty on hodlonaut’s identity after the latter claimed Wright is not Satoshi. Considering these attacks by Wright and his “fraudulent” claims  CZ said Binance would delist BSV if Wright continued these attacks. In a series of follow-up tweets, CZ said “Craig Wright is a fraud,” that “the real Satoshi can digitally sign any message to prove it,” and that doing so would be simple.

Lastly, anyone who supports BSV from a tech perspective should be attacking the fraudulent Craig Wright, who is poisoning YOUR community, and not attack the rest of the world.
Anyone thinking CW is Satoshi should read about how a private key works, ie, learn about crypto.
— CZ Binance (@cz_binance) April 15, 2019

Following his own words and sentiments, Binance decided to delist BSV as CZ felt it was necessary to teach Wright a lesson. Although the official announcement listed the various reason for this delisting which includes Commitment of team to project, Level and quality of development activity and Network / smart contract stability, a lot of was connected towards Wright’ claim to be Satoshi.
While none agreed with Craig Wright, a lot of people and exchanges started supporting CZ for his bold move of delisting. Erik Voorhes, the CEO of ShapeShift, mentioned that he withstood with Binance and CZ sentiment and would be delisting it as well.

We stand with @binance and CZ's sentiments. We’ve decided to delist Bitcoin SV #BSV from @ShapeShift_io within 48 hrs.
— Erik Voorhees (@ErikVoorhees) April 15, 2019

Another prominent exchange, Kraken, ran a poll on twitter which also gave a result the BSV was toxic and Kraken too should delist it. The official announcement from Kraken is yet to arrive but the poll dominance would definitely get BSV of Kraken as well.

Should Kraken delist Bitcoin SV (BSV)? #delistbsv
— Kraken Exchange (@krakenfx) April 15, 2019

Craig Wright claims of being Satoshi this time has definitely backfired and is going to hurt Bitcoin SV big this time. The coin is already slipping in price and with exchanges delisting BSV the investors would definitely be dumping in panic.
Which is the next exchange that will delist Bitcoin SV? Do let us know your view on the same.
The post Why Binance Delisted BSV And Other Exchange Following The Same Suit? appeared first on Coingape.
Source: CoinGape

@Hodlonaut Crowdfunding Campaign Spins Up Uniting Crypto Community Against Craig Wright

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@Hodlonaut Crowdfunding Campaign Spins Up Uniting Crypto Community Against Craig Wright
#WeAreAllHodlonaut, a crowdfunding campaign to support Hodlonaut’s legal battle against Craig Wright, has already raised around $30,000 from 1,000 backers.
@Hodlonaut Crowdfunding Campaign Spins Up Uniting Crypto Community Against Craig Wright

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Source: CoinSpeaker

Craig Wright Sends Out ‘Law Suit’ Letters to Those Who Claim He’s Not Satoshi

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Craig Wright Sends Out ‘Law Suit’ Letters to Those Who Claim He’s Not Satoshi
Crypto blogger Peter McCormack received a lawsuit letter from Craig Wright for causing “serious harm” to his reputation.Wright had earlier threatened Hodlnaut, the person behind the lightning torch, with legal action for calling him a “fraudster.”
Craig Wright Sends Out ‘Law Suit’ Letters to Those Who Claim He’s Not Satoshi

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Source: CoinSpeaker

Bitcoin SV [BSV]: CZ drops hint of BSV delisting as opposition to Craig Wright and Calvin Ayre grows

Craig Wright and Calvin Ayre, the two spearheads behind Bitcoin SV [BSV], were met with firm opposition following Wright’s Satoshi Nakamoto claims. The opposition to “Faketoshi” is heating up to a point where BSV might be delisted from major exchanges.
Several notable crypto-proponents hit back at Wright’s “unverified” claims of being the creator of Bitcoin [BTC] and Ayre’s relentless support of the same. Ayre stated that he would be serving legal notices to anyone who disputed the claims made by the BSV camp.
Surprisingly, Binance’s CEO Changpeng Zhao, known for his measured and calm approach on Twitter, hit back at Wright’s claims. He tweeted that the nChain chief scientist is “not Satoshi,” and threatened to “delist” BSV. However, it should be noted that CZ did not explicitly state that BSV was the coin that would be delisted.

His tweet read,
“Craig Wright is not Satoshi.
Anymore of this sh!t, we delist!”
Further, CZ responded by saying “it won’t be the first time,” to a James McDowell tweet suggesting that he would be the subject of a Calvin Ayre lawsuit. The Binance CEO added that legal costs were not of concern to him, stating “we can deal with it.”
Not known for engaging in mindless Twitter-debates, CZ took rare exception, commenting, “this is going too far.” He blamed the emergence of BSV in November 2018 which, in his words, “caused BTC to drop below $6K.” This “caused pain to many in the industry, ” he added.
Just a day ago, Hodlonaut was one among many served a “legal notice” by Ayre and his team for labeling Wright a “fraud.” Since the notice was dished out, the crypto-community came to the pseudonym’s aid via a crowdfunding website, WeAreAllHodlonaut.com, which has seen over $10,000 raised by over 530 users.
Anthony Pompliano, Managing Partner at Morgan Creek Digital, stated that other exchanges should delist BSV as well. He added that this should be implemented on May 1, as “a sign of solidarity behind the only Bitcoin that ever mattered.” He ended with a hashtag that is now making rounds on Twitter,
“Every exchange should delist BSV simultaneously on May 1st in a sign of solidarity behind the only Bitcoin that ever mattered.
This community is the responsibility of the people. Sometimes we must do the hard thing, not because it is easy, but because it is right.
#DelistBSV”
Misha Lederman, Co-founder of IAmDecentralised, replied to Pomp’s tweet, stressing on the significance of a May 1 delisting,
“There is only one Bitcoin
May 1 is known as Labor Day, a protest day for working people worldwide
Proof of Work drives Bitcoin
May 1 should become Bitcoin Restoration Day
#DelistBSV from all legitimate exchanges on May 1”
CryptosBatman backed the overwhelming claim to delist BSV,
“I agree. What Craig Wright did is disgusting. Let’s hope they all delist $BSV once and for all!”
On the other hand, Kurt Wucker Jr, Creator of CryptoTraders Pro, provided a more level-headed response to Pompliano, stating,
“Mob rule hurts everyone, Pomp. CSW is in court over his fraud accusations, & he’s only looking to issue a cease/desist order for defamation by Hodlonaut.
We have a right to not be publicly defamed as a cornerstone of Western law. Subverting justice for political reasons is evil.”
The post Bitcoin SV [BSV]: CZ drops hint of BSV delisting as opposition to Craig Wright and Calvin Ayre grows appeared first on AMBCrypto.
Source: AMB Crypto

‘WeAreAllHodlonaut’: Binance CEO Claims Craig Wright Isn’t Satoshi Nakamoto, Threatens to Delist Bitcoin SV

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‘WeAreAllHodlonaut’: Binance CEO Claims Craig Wright Isn’t Satoshi Nakamoto, Threatens to Delist Bitcoin SV
Self-acclaimed Satoshi – Craig Wright – has recently faced the ire of Binance CEO Changpeng Zhao after Wright served legal notice to Twitter user Hodlonaut.
‘WeAreAllHodlonaut’: Binance CEO Claims Craig Wright Isn’t Satoshi Nakamoto, Threatens to Delist Bitcoin SV

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Source: CoinSpeaker

Ripple Army Urges Skype to Accept XRP as Means of Micro-Payment

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Ripple Army Urges Skype to Accept XRP as Means of Micro-Payment
XRP supporters want Skype to integrate XRP as an option for micropayments and there are real chances that it may happen.
Ripple Army Urges Skype to Accept XRP as Means of Micro-Payment

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Source: CoinSpeaker

Binance CEO Slams CoinMarketCap’s Top Crypto Exchanges on Highest Volume

In a wake of Bitcoin’s rally towards the $5k figure, some little-known cryptocurrency exchanges are showing the highest volume on the graph of Coinmarketcap today. As such, these exchanges sided down the most famous cryptocurrency, Binance. Following Binance’s volume on 8th position and other exchanges on top, CEO CZ mocks by adding ‘Credulity is important’.
Canadian Changpeng Zhao or CZ often presents the most transparent view on aspects revolved around cryptocurrency, regulations, blockchain and unlike. Nevertheless, looking at the disturbed market performance on coinmarketcap that puts Binance on 7th position (at press time) with a market cap $1,034,736,826, CZ says ‘This is getting a little out of hand’. He took to Twitter and states that;

In fact, at the time of reporting, top exchanges holding high volumes are OOOBTC with $1,508,004,988 market cap followed by HitBTC, DigiFinex, Coineal, OKEx, CoinBene and then Binance on 7th spot.
Following the first post in which he highlighted ‘Credibility’ as the essential aspect, CZ posted yet another tweet that says ‘these exchanges are actually hurting themselves’.
it’s a “secret” that I didn’t want to share with them before, lol… But for the health of the industry, we need to let them know they are actually hurting themselves.
As per coingape’s research, the top exchanges that hold the highest volume (OOOBTC, HitBTC, and DigiFinex) shows the major trading towards Litecoin and Ethereum pairing with Bitcoin. To note, OOOBTC which holds the top ranking is up with 500% over the past 24 hours and the volume graph is strictly moving up within a period of 7 days.

Nonetheless, it’s worth to add Bitwise’s report on Coinmaketcap that says except few famous crypto exchanges, CMC contains a number of unregulated exchanges that apparently portraying major trading volume to manipulate the market sentiment.
Although, CMC is on its way to increase the metrics of ranking, it is still unclear when and how – stay tuned with Coinpage for more details.
The post Binance CEO Slams CoinMarketCap’s Top Crypto Exchanges on Highest Volume appeared first on Coingape.
Source: CoinGape

Binance Is All Set for Singapore Expansion and DEX Launch This Month

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Binance Is All Set for Singapore Expansion and DEX Launch This Month
April is going to be a big month for Binance as the company plans to set up an office in Singapore along with the mainnet launch of its decentralized exchange (DEX).
Binance Is All Set for Singapore Expansion and DEX Launch This Month

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Source: CoinSpeaker

Binance Set to Launch Fiat To Crypto Exchange in This Country

Major crypto exchange, Binance announced that it is launching yet another fiat-to-crypto exchange later in April this year. The Fiat to Crypto exchange will be based out in Singapore, servicing SGD (Singapore Dollar) and is known as ‘Binance Singapore’.
Binance Singapore To Go live This Month
The announcement broke out earlier today via official Binance’s twitter account. However, no further details have been revealed yet. Here goes the official announcement that has probably leaked out at the Deconomy conference in Seoul, held in South Korea from April 4-5. Consequently, reports state that Binance CEO while talking at the panel, ‘Centralized vs Decentralized’ at Deconomy conference revealed two major announcements. He says that the

Binance DEX will most likely be available and going live in April
Another Fiat-to-Crypto exchange is already set to launch later this month

Here goes the official announcement of Binance
Although Binance Singapore announcement looks new the crypto exchange has earlier revealed ‘Singapore’ as the hub for its new trading platform when it had secured funding from Vertex Ventures, a global tech-focused venture capital network with divisions across various regions including Silicon Valley, Israel, China, and Southeast Asia & India. Binance Singapore is a result of funding that has received by Binance from Vertex Ventures to expand the operation of crypto-fiat trading in Asia.
To remind, Binance elaborated why Singapore has opted as the hub for its new exchange;
“Southeast Asia is a hotbed for significant growth. Over the past few years, the region registered some of the best economic growth rates in the world,” Binance exchange mentioned
“For this region, there’s no better gateway to Southeast Asia than Singapore…The multicultural country, whose role as finance hub is fueled by significant innovation, has begun to play a significant role in the blockchain sector. From its businesses to the government, Singapore has shown tremendous support for blockchain and distributed ledger technology.”
Likely Rule Singaporean Market Citing DragonEx’s hack
However, its worth to note that Binance has become the most reputed and trusted cryptocurrency exchange across the world – additionally, the exchange is steadily creating a benchmark across various countries. Nevertheless, the firm has opened branches in Malta, Jersey (Fiat to crypto exchange), Australia (fiat to crypto exchange), Uganda (fiat to crypto exchange) and soon in Singapore.
However, Binance is often known to catch opportunities in a region where regulatory instances across crypto are specific and certain – subsequently, Binance Australia is the result of Australia’s positive move towards Blockchain and crypto. This time, DragonEx crypto exchange that was hacked in late March 2019, was based out in Singapore. Following the annoyed DragonEx’s customers, it’s a quite potential way for Binance to enter into Singaporean Market as ‘Fiat –to-Crypto Exchange.
Interesting right? Let us know what you think of Binance’s entry in Singapore. a
The post Binance Set to Launch Fiat To Crypto Exchange in This Country appeared first on Coingape.
Source: CoinGape

Binance CEO says excessive printing of fiat will lead to cryptocurrency market surge

The core reason for the rise of the decentralized currency world was the need for financial freedom. The ability to control one’s money was at the center of the emergence of cryptocurrency. This principle was voiced, coupled with a bold prediction, by the Chief Executive Officer of Binance, CZ.
Changpeng Zhao, or CZ as he is popularly known in the crypto-world, stated that due to the nature of fiat currency creation at the will of the government, cryptocurrency will, one day, surge one thousand times against sovereign currency. His tweet failed to specify if this difference would be in value or the number of users.
He tweeted:
“#Crypto will increase more than 1000x (against fiat) simply due to the printing alone…”
CZ’s tweet was in reply to a tweet by Anthony Pompliano, quoting Alan Greenspan, the former chair of the Federal Reserve of the United States. Many financial analysts had earlier claimed that Greenspan and his lax regulations against the big banks were fundamental in the Financial Market Collapse of 2008.
Alan Greenspan had once stated this about US’ debts at NBC’s Meet the Press in August 2011:
“The United States can pay any debt it has because we can always print money to do that.”
Although the ‘printing power’ may allow a country to ‘pay any debt’, the eventual decrease in purchasing power of the currency in question will decline. As more of a currency is printed, the currency becomes less scarce, leading to its value to plummet.
This action, taken at the whim of a government, in this case, to repay a debt, will lead to several externalities. Most notably, the currency of the people will fall and hence, inflationary pressure will rise, leading to a possible economic slump.
CZ, and others in the cryptocurrency world see this defining principle as the fundamental reason why decentralized currency will take over the world, according to his tweet.
Bitcoin [BTC] has the “halving” protocol in place to avoid situations like these, especially because there is no centralized intermediary. According to this protocol, the reward distributed to miners for block production decreases by half its value, with the production of every 210,000 blocks.
During its early days, in 2009, the mining rewards were approximately 50 BTC per block. The first halving in 2012 saw the rewards decline to 25 BTC per block. Currently, the rewards stand at 12.5 BTC per block, following the 2016 halving. The third halving is scheduled for May 2020 and will see the rewards reduce to 6.25 BTC per block.
The halving protocol ensures that the supply cap of 21 million Bitcoins is maintained and that inflationary pressure is kept in check, not by a supervisory authority, but by the principles of supply and demand.
The post Binance CEO says excessive printing of fiat will lead to cryptocurrency market surge appeared first on AMBCrypto.
Source: AMB Crypto

Binance CEO Reports Why Fake Trading Volume Isn’t Much Coinmarketcap’s Fault

One of the major concerns of many crypto traders today is ‘when will Coinmarketcap (CMC) finally alter and improve its metrics’. As seen recently, Bitwise report shared analysis on Coinmarketcap which claims 95% of CMC’s BTC volume is fake. Addressing the similar topic, CZ, CEO of the world’s largest cryptocurrency exchange, Binance states that ‘its, not so much Coinmarketcap’s fault’.
Not So Much Coinmarketcap’s Fault
In the latest interview with news media,  Changpeng Zhao (CZ), CEO of Binance explained what went wrong with the case of Coinmarketcap. Claiming his own exchange as the realistic and transparent trading platform, CZ said that ‘it’s not so much Coinmarketcap’s fault’.
He says that Coinmarketcap or CMC follows simple mechanism, when there’s a project/exchange requesting them to list it on CMC, they show their data. This indicates that there are many poorly regulated or unregulated trading platforms which must be displayed with more transparent and realistic features. Although he doesn’t seem to defend the Coinmarketcap, rather he explained with a simple instance of listing any project on Binance exchange and how the project fights back if Binance denies listing them.
Explaining that he says;
Binance crypto trading volume is very solid and is very real. I think, basically, in the industry, the more reports like this, the better, the more transparency, the more data use, the better. It’s not so much coinmarketcap’s fault, CZ said adding that because CMC is very simple reporting mechanism where every exchange reports their own data to them and they just show it.
CoinMarketCap Reveals Three Upcoming Features
As for Coinmarketcap official reporting is a concern, they hint three major aspects that its team is working on. These include Liquidity measures, Cold/Hot Wallet balances, Traffic Data to show users on its platform. Moreover, the official email reads that;
The best way to mitigate the issue is to give users more control over their experience while using CMC. Giving them the tools to create custom views and filter through the data in a way that is most relevant to them will be a giant step in the right direction.
What Role Does Binance Play in Solving these Issues?
Most exchanges depend on CMC to give them internal traffic to a very large extent. CZ hints that Binance has already sent a few key ideas to CMC to crack down the issue. Additionally, he also says that he works very closely with Coinmarketcap guy and looking to resolve these issues collectively. He says;
We do have the role to play, said CZ while explaining what role does Binance play. It’s not that we’re not working on it, Binance is very solid volume exchange, and we don’t exhibit any bad behavior. We do try to encourage transparency in the industry. We cannot really do worldwide is an exchange, we cannot be attacking the other exchanges.
Nevertheless, Binance shared them the number of ideas but whether to do it or not or how they do it is really up to them, said CZ. He further stated that It’s not easy to solve the issue, it’s difficult when it comes to implementation. Just to remind, CZ earlier also responded to a tweet that mocks Coinmarketcap on this issue. As a response he said; I challenge you to do (not talk) better!

Have u thought about how much effort CMC team put in to build @CoinMarketCap? And the value they contributed to our space? Just one glitch in data (from a 3rd party source) doesn’t erase that. Look at people’s credits.
I challenge you to do (not talk) better!
— CZ Binance (@cz_binance) March 6, 2019

What do you think the best practice Coinmarketcap should implement? share your thoughts with us
The post Binance CEO Reports Why Fake Trading Volume Isn’t Much Coinmarketcap’s Fault appeared first on Coingape.
Source: CoinGape

Is XRP a Security? It Seems There Will be No Answer Any Time Soon

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Is XRP a Security? It Seems There Will be No Answer Any Time Soon
According to the investigation lawyer from global law firm Kober & Kim, Jake Chervinsky, it will take more than a year to understand whether Ripple’s XRP is a security or not. Here’s why.
Is XRP a Security? It Seems There Will be No Answer Any Time Soon

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Source: CoinSpeaker

Lightning Labs Releases Loop Feature to Improve Bitcoin Payments on Lightning

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Lightning Labs Releases Loop Feature to Improve Bitcoin Payments on Lightning
Lightning Labs has announced alpha release of Lightning Loop aimed to imrove the efficiency, scalability, and usability of Lightning.
Lightning Labs Releases Loop Feature to Improve Bitcoin Payments on Lightning

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Source: CoinSpeaker