Our weekly updates are put together by folks deep in the crypto scene, giving you a clear picture of what's happening without overwhelming you.
To Watch This Week
AIRDROPS + ALPHADec 5, 2024
Markets
Binance's BNB Token Hits All-Time High as Bitcoin and Ethereum Alts Swell
Binance’s native token (BNB) jumped to record highs on Wednesday amid a broader crypto market uplift that saw a resurgence in long-time altcoins affiliated with Ethereum and Bitcoin. BNB surged 8% to a new peak above $788, beating out its previous June all-time high of $710, CoinGecko data shows. The asset is used for trading fee discounts, transaction fees on the Binance Smart Chain, staking, participation in token sales, payments, borrowing, and lending. Meanwhile, Ethereum Classic (ETC) and...
Oct 18, 2024
Law and Order
Craig Wright Says Bitcoin Devs 'Misled the Public' in New $1 Billion Lawsuit
Craig Wright launched a new legal battle claiming that Bitcoin developers have deviated from the original vision of the project and insisting that Bitcoin SV is the real Bitcoin. The claim is seeking from the defendants the difference in market valuation between the two coins, over $1.18 billion. If Wright’s name sounds familiar, that’s because he previously claimed to be the creator of Bitcoin, Satoshi Nakamoto himself, getting tied up into a legal battle that he ultimately lost. The recently...
Mar 15, 2024
Coins
Bitcoin SV Down 22% Since Court Ruled Craig Wright Isn’t Satoshi
Bitcoin SV (BSV) has plummeted 13% over the last day after a UK court ruled that Craig Wright is not pseudonymous Bitcoin creator Satoshi Nakamoto and did not write the leading cryptocurrency’s whitepaper. Coupled with a broader downturn in the cryptocurrency market, it's been a rough week for the Bitcoin variant. Also known as Bitcoin Satoshi’s Vision, BSV was trading for around $113 on Thursday as the court case between Wright and the Crypto Patent Alliance (COPA) concluded. BSV saw its larges...
Mar 4, 2024
Markets
Bitcoin Hardforks BCH, BSV Outpace BTC Gains
Bitcoin has smashed through $65,000, continuing its race to the moon, and the fast-rising tide is lifting all boats: BTC offshoots like Bitcoin Cash (BCH) and Bitcoin Satoshi’s Vision (BSV) are surging. Bitcoin Bitcoin is rapidly closing in on its all-time high of $69,000. The number one cryptocurrency is trading at $66,413 at time of writing, up 5.7% in the last 24 hours. Bitcoin Forks Several cryptocurrencies have forked from the Bitcoin blockchain, and two of the forks most closely associated...
Nov 6, 2023
Coins
Coinbase Warns Bitcoin SV Holders: Withdraw or Be Liquidated
Coinbase is completely removing support for Bitcoin SV (BSV). America’s biggest cryptocurrency exchange said in a letter to customers who store the asset on the platform that their holdings will be liquidated unless they remove their coins by January 9. Coinbase delisted Bitcoin spin-off BSV—also known as Satoshi’s Vision—back in 2021 after the blockchain behind the coin suffered what’s known as a “51% attack” and the network became unstable. Coinbase clients have been unable to buy and sell t...
Oct 9, 2023
Markets
Bitcoin Forks, Sui, Aptos and Apecoin Hit Hardest as Market Plunges
Bitcoin forks Bitcoin SV and Bitcoin Cash have been hit hard by today's dip in crypto prices. Bitcoin SV (BSV) is down over 6% in the past day, currently changing hands at $32.66 per coin, data from CoinGecko shows. The normally obscure asset—the 56th biggest virtual currency by market cap—has also plunged by 15% in the past seven days. While Bitcoin Cash (BCH) is also suffering: It's currently trading for $216.53, a 5.4% dip over the past day. The biggest and most successful BTC fork has nosed...
May 8, 2022
Profiles
You and Whose Army? The Many Maxi Militias of the Crypto World
The cryptocurrency space is divided into dozens of niche subgroups. Every digital asset spawns its own devout community of investors, evangelists, and shills, all working to increase the value of their chosen token and pave the way for mass adoption. When it comes to the large-cap coins and tokens, like Bitcoin, Ethereum, and Chainlink (LINK), communities can grow to such a scale that they use their collective power to mobilize and influence the development and politics of the asset. In the pro...
Aug 26, 2021
Coins
Court Says Coins From Bitcoin SV Hack Can’t Be Transferred
Many prominent exchanges stopped paying attention to Bitcoin SV the moment they delisted the cryptocurrency. Bitmart, an international exchange registered in the Cayman Islands with offices in New York and across Asia, didn't. The exchange's owner has been fighting a court battle to prevent the transfer of BSV allegedly stolen in a July 9 hack. A U.S. District Court judge has granted a preliminary injunction to Bitmart owner, GBM Global Holding Co. Ltd., preventing the alleged hackers—whose na...
Jun 28, 2021
Business
Self-Crowned Bitcoin Inventor Wins Lawsuit Over Whitepaper Copyright Claim
You would think that of all the places on the internet, you’d be able to read the Bitcoin whitepaper on Bitcoin.org. For Brits, that won’t be possible for much longer. Dr. Craig Wright, the self-professed (and much-contested) creator of Bitcoin, today won a case in the High Court to force the Bitcoin education site to remove the Bitcoin whitepaper from its website. It is the first success in his string of attempts to control who displays the Bitcoin whitepaper. In a remote hearing today, a judg...
Apr 2, 2021
Coins
High Profile Crypto Execs Dodge Bitcoin Cash 'Hijack' Lawsuit
A federal court in Florida has dismissed an antitrust suit filed against Bitcoin.com founder Roger Ver and several other prominent figures in the crypto industry, accused of market manipulation during a contentious split of the Bitcoin Cash network in November 2018, Law360 reported. Other defendants in the case included Kraken CEO Jesse Powell, former CEO of Bitmain Technologies Jihan Wu, as well as Bitcoin Cash developers Shammah Chancellor and Jason Cox. First filed by United American Corp (UA...
Feb 24, 2021
Coins
OKCoin CEO Defends Her War on Bitcoin SV and Bitcoin Cash
San Francisco-based crypto exchange OKCoin announced on Friday that it will suspend trading of Bitcoin Cash (BCH) and Bitcoin SV (BSV)—two forks of Bitcoin (BTC)—starting March 1. 📢 Important announcement: we have made the decision to suspend $BSV and $BCH trading, effective March 1, 2021. Please take a moment to read more from our CEO @hfangca: https://t.co/9UoBS0qkAG — OKCoin (@OKCoin) February 19, 2021 OKCoin CEO Hong Fang said the suspensions aim to stop the “malicious misinformation war”...
Feb 19, 2021
Coins
OKCoin Bans Bitcoin Cash, BSV Citing ‘Misinformation War’
San Francisco-based crypto exchange OKCoin today announced it will suspend trading of Bitcoin Cash and Bitcoin SV, two forks of Bitcoin, from March 1, 2021. CEO Hong Fang said that the suspensions are to protect Bitcoin against the “malicious misinformation war” waged by self-titled Bitcoin creator Craig Wright and “other high-profile members of these communities” (meaning those who promote Bitcoin Cash and Bitcoin SV). What are Bitcoin Cash and Bitcoin SV? In 2017, Bitcoin split into two majo...
Jan 9, 2021
Coins
Bitcoin SV Leaps by 30% as Altcoin Race Heats Up
The price of Bitcoin SV today surged by 30% as the altcoin market picks up the pace. Bitcoin SV is built on a blockchain that forked from Bitcoin Cash, which itself is a fork from Bitcoin, the grandaddy that’s currently setting new all-time-highs every week. Attention to the Bitcoin SV token has largely been sidelined in favour of its more famous progenitors and tokens like Ethereum and XRP, but BSV today trades at a price of over $230. That’s still some way off its all-time high of $441, set...
Oct 25, 2020
Coins
As Bitcoin’s Price Breaks Records, Bitcoin Spinoffs Cash In
Sure, Bitcoin has had a good week. Today, traders pushed the coin to its highest price since June 2019. But ya know which coins performed even better this week? Bitcoin spinoffs, each touted as superior to Bitcoin in their own way, yet far less successful...until now! Childhood dreams came true this week for the creators of Litecoin, Bitcoin SV and Bitcoin Cash, the most popular Bitcoin spinoffs by market cap. According to data from metrics site CoinMarketCap, while Bitcoin’s price increased...
May 29, 2020
Business
Craig Wright loses appeal against Bitcoin.com's Roger Ver
Self-proclaimed Bitcoin inventor Craig Wright has lost an appeal against Bitcoin.com founder Roger Ver, according to court documents. Wright sued Ver on May 2, when the latter appeared at a Bitcoin Cash meetup in London. He claimed that Ver had libelled him by calling him a fraud. There's a long-running dispute in the crypto community over whether Wright really is Satoshi Nakamoto, the psuedonymous creator of Bitcoin. Critics say that he hasn't signed any of Satoshi's Bitcoin—which would count a...
May 5, 2020
Business
Craig Wright allegedly plagiarized his PhD thesis
Craig Wright, the self-professed creator of Bitcoin, allegedly plagiarised the vast bulk of his 2017 doctoral thesis, according to a research article. At least 30 pages of Wright's thesis—including an entire chapter—constitutes "substantial, deliberate plagiarism," alleges a pseudonymous researcher dubbed "Paintedfrog." "Wright plagiarized huge swaths of content and reworded it to avoid automated detection tools. In most cases, he simply substituted synonyms every few words," he stated, in the...
Apr 17, 2020
Business
Craig Wright vs. Crypto: The current state of his 5 libel lawsuits
Self-proclaimed Bitcoin inventor and Bitcoin SV figurehead, Craig Wright, caused controversy last year when he threatened to sue top crypto leaders who had called him a fraud. They each claimed in various ways that he wasn’t the pseudonymous inventor of Bitcoin, known as Satoshi Nakamoto, with some referencing a wide body of research that casts doubt on his claims. But Wright, funded by the deep-pocketed Coingeek founder Calvin Ayre, wanted to back his claim in court and prove to the world, that...
Apr 17, 2020
Technology
Craig Wright abandons libel lawsuit against Vitalik Buterin
Self-proclaimed Bitcoin inventor Craig Wright has dropped his libel lawsuit against Ethereum co-founder Vitalik Buterin, according to both parties. The libel lawsuit was one of five that Wright launched against various members of the crypto community who had cast doubt on his claim to be Satoshi Nakamoto, the pseudonymous inventor of Bitcoin. Why was Craig Wright suing Vitalik Buterin? In Buterin’s case, he asked, “Why is this fraud allowed to speak at this conference?” when Wright was onstage a...
Apr 14, 2020
Business
Judge gives Craig Wright 3 days in billion-dollar Bitcoin lawsuit
A US district court judge has ordered self-styled Bitcoin inventor Craig Wright to produce documents that support his claims by April 17. On Monday, the judge overruled Wright’s objection, which was based on attorney-client privilege. The order is the latest development in Kleiman vs. Wright, a long running court action against the Australian computer scientist who has long claimed to be mysterious Bitcoin inventor Satoshi Nakamoto. Dave Kleiman passed away in 2013. His estate believe he was p...
Apr 13, 2020
Business
Craig Wright drops lawsuit against Adam Back, pays all costs
nChain chief scientist and self-proclaimed Bitcoin inventor Craig Wright has abandoned his lawsuit against Blockstream CEO Adam Back and paid all legal costs incurred. Back tweeted yesterday that the case was dropped in January 2020 when Wright told the court he was discontinuing the case. He said that Wright agreed to pay 100% of his legal fees, which he claimed was unusual and that, typically, around 75% of fees are usually met. Back received £6,666 ($8,400) in fees. update time. https://t.co...