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Forbes: Binance’s CZ Threatens to Anathematize Craig Wright’s Bitcoin SV

  • Yuri Molchan
    📰 News

    🔔🤷‍♂️Binance’s CEO, getting tired of Craig Wright’s claims of being Satoshi Nakamoto and of Wright now suing those who disagree, threatens to delist BSV from Binance


Forbes: Binance’s CZ Threatens to Anathematize Craig Wright’s Bitcoin SV
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Bitcoin SV appeared as a result of a hard fork forced by a group of developers led by the Australian Craig Wright, who disagreed with the further development plan of the Bitcoin Cash team and decided to launch his own currency.

Besides, he claimed to be the mysterious Bitcoin creator, Satoshi Nakamoto, who has now arisen from long years of sitting quietly somewhere in the crypto community and just watching how things are going.


In its recent article, Forbes dives into the case of the recent actions of the self-assumed Satoshi and the response of Binance’s CEO to them.

Craig Wright goes to extremes

Recently, Craig Wright began to threaten a Twitter user going by the name Hodlonaut with a legal suit – the user has been trolling Craig with various hashtags like #faketoshi, #CraigWrightIsAFraud, etc.

He promised a bounty of $5,000 in BSV to those who can put a name to the real identity of the Hodlonaut user through some of the pictures he posted on Twitter.

Later on, Craig’s legal team prepared an official letter with threats of a lawsuit ready to be sent to Hodlonaut as soon as s/he is identified. U.Today recently wrote about that, quoting parts of the letter.

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Binance chief demonstrates his war tomahawk

Changpeng Zhao, the head of Binance, the largest crypto exchange, has long become a figure carrying authority in the crypto world. More widely known as simply CZ, he has decided to stop the attitude Craig Wright has taken against those who dare to oppose his I-Am-Satoshi claims.

In a recent tweet, Binance’s CZ threatened to simply delist Bitcoin SV, calling Wright a fake Satoshi. As per CZ, BSV will be delisted unless Craig Wright stops suppressing his opponents and quits claiming to be the Bitcoin creator.

Struggling BSV price

The market price of Bitcoin SV has not been doing well over the last two weeks, though it did have a few bullish movements after the hard fork. Still, on the whole, the coin does not show much potential at the moment, as per Forbes.

If BTC added 25 percent since the month started, its rival BSV appreciated only 9 percent. Several small altcoins have spiked by nearly 200 percent in April already, since the Bitcoin price drives the rest of the market along.

Should CZ carry out his threat and kick BSV out of Binance, it will be a heavy blow for BSV.

On Sunday, CZ dared Craig Wright to prove he is Satoshi once and for all – if he can – by putting a digital signature on a blockchain message by using the private key which comes from the first Bitcoins minted by Satoshi Nakamoto.

Struggling BSV price

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Hodlonaut disappears

Forbes reports that user Hodlonaut has removed his account from Twitter, even though many users adopted his nickname to support the ‘rebel’.

Cover image via u.today
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Crypto Wonders: Binance Coin (BNB) Hits Its New ATH, Surpassing Its January 2018's Peak

  • Alex Morris
    📰 News

    Binance Coin is so far the second cryptocurrency (after EOS) that managed to rebound after January 2018's drawdown


Crypto Wonders: Binance Coin (BNB) Hits Its New ATH, Surpassing Its January 2018's Peak
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After surging by more than 14 percent over the last 24 hours, Binance Coin has managed to surpass its previous ATH that was recorded during the peak of the bull market in January 2018, according to the data provided by CoinMarketCap (CMC). The historic rally was triggered by numerous recent developments inside the exchange’s ecosystem.  

Binance Coin, CoinMarketCap
Binance Coin continues to register double-digit gains, image by CoinMarketCap

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BNB makes history

At the time of writing this article, the price of the BNB token is at $24.65, rising above its previous ATH of $24.46 that was recorded on Jan. 12. Hence, Binance Coin, the seventh largest cryptocurrency by market capitalization, becomes only the second asset to reach a new price peak after the crash of the speculation-driven bull market. EOS, which is sitting one spot above BNB on CMC, achieved a similar feat in May 2018.

‘Binance Coin is outpacing the overall crypto market. While Bitcoin is off 75% from its all-time-high, Binance Coin has recovered. There is fundamental growth and synergy taking place that is contributing to the rising price of Binance Coin,’ says BitBull Capital CEO Joe DiPasquale.

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Pumping other coins

On Apr. 18, Binance launched the mainnet of its custom Blockchain Binance Chain. The migration of BNB tokens from Ethereum to Binance Chain is scheduled to take place on Apr. 23. This is going to be the second largest token swap in history.

Binance, which is now completed with Ethereum, has already on-boarded some Blockchain projects, including Mithril (MITH) that experienced a 70 percent price pump after its launch on Binance Chain.

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