The exchange joins Binance and ShapeShift in delisting the token, which will no doubt hurt the token. The company referred to Wright’s actions and the litigation against the exchange by the token’s supporters, saying in the blog post,
Over the last few months, the team behind Bitcoin SV have engaged in behaviour completely antithetical to everything we at Kraken and the wider crypto community stands for. It started with fraudulent claims, escalating to threats and legal action, with the BSV team suing a number of people speaking out against them. The threats made last week to individual members of the community were the last straw.
The price of the Bitcoin Cash SV token has declined since the whole incident surrounding Hodlonaut, and the cryptocommunity has banded together in their defense of the latter. Morgan Creek co-founder and bitcoin pproponen, Anthony Pompliano, had earlier called on exchanges to delist the BSV token on May 1, and it looks like exchanges are heeding the call.
Binance has also delisted the token, after CEO Changpeng Zhao asked Craig Wright to show some restraint or else risk having the token delisted.
The focus of the hearing between Facebook’s David Marcus and the Senate on the Libra cryptocurrency was trust—or the lack thereof.
A court in Hangzhou, China, upheld Bitcoin’s status as “virtual property.” The ruling reaffirms that Bitcoin is legal to own in China and indicates to holders that they will be protected by the country’s legal system in disputes.
Japanese cryptocurrency exchange Bitpoint was hacked last week when hackers stole 3.5 billion yen ($32 million) from the exchange’s hot wallet, of which 2.5 billion yen were customer funds.
Ripple is revealing more on its multi-million dollar plan to grow the digital assets ecosystem and bring distributed ledger technology to the masses.
U.S. president Donald Trump finally expressed his views on Bitcoin and cryptocurrency, and the POTUS is not a fan.