The founder and current CEO of one of the largest crypto exchanges Binance, Changpang Zhao issued a warning saying he will delist Bitcoin Satoshi Vision (BSV) if Craig Wright-the creator of the altcoin doesn’t change his behavior. In the latest cryptocurrency news, we find out what exactly happened.
Zhao tweeted yesterday and the community responded by creating a hashtag #DelistBSV asking multiple exchanges to do so. The tweet came after Wright’s recent action against the Twitter user who was standing behind the Lightning Torch initiative.
As Coingeek reported, $5,000 bounty in BSV was placed by Wright for gathering information about the identity of the Twitter user Hodlnaut. The community created another hashtag #WeAreallHodlonaut to show support for the now-deleted account. Wright accused the user of being a fraud and accused him of falsely claiming to be the creator of Bitcoin.
Hodlnaut tweeted about Wright previously calling him a sad and pathetic scammer who was clearly mentally ill.
The attorney of Wright stated that his client never claimed to be Satoshi Nakamoto in order to defraud investors. Wright has claimed multiple times he is the creator of Bitcoin. The statements also show that he wrote Bitcoin’s white paper and he was the one who conducted the first bitcoin transaction. Wright demanded an apology from Hodlnaut and he claims to take the case to court.
A larger part of the crypto community doesn’t trust Wright or his claims. He is now known as the ‘’faketoshi.’’ WikiLeaks even called him ‘’a proven serial forger of documents claiming that he is the inventor of Bitcoin.’’ Further reports from the media outlet Motherboard in 2015 show that Wright’s evidence ‘’are probably backdated and point to a hoax.’’
As previously reported, at the end of 2018, the United States court has rejected multiple requests from Craig Wright to dismiss the lawsuit against him valued at $4 billion for allegedly stealing up to $1.1 million BTC.
Privacy Cryptocurrency Monero (XMR) Celebrates Its 5th Birthday
“Monero is very committed to its decentralized, grassroots structure meaning we took no premine. We don’t take a percentage of the block rewards. There was no [initial coin offering]."He also estimated that there is anywhere from 100 to 200 volunteers working on the Monero XMR project, a number which is mostly “depending on people’s time and availability." The project itself, according to Salazar, is not just about building a blockchain protocol. As featured on many altcoin news sites, it is also about redefining and boosting a global movement that will be centered around digital privacy.
“We’re not just trying to make global internet money. We’re trying to teach people the importance of things like privacy…It’s a very powerful tool and I think it’s a very necessary tool in our day and age,” Salazar noted.There is right now a free PDF version of a book titled "Mastering Monero" which talks about the privacy cryptocurrency Monero and is created by an Italian contributor with an alias "SerHack" who released it. Originally published in late 2018, this book was fully funded by the Monero community and is designed to teach non-crypto users the importance of "private and censorship-resistant transactions."
“With monero, for every input that you are spending, you will pull other inputs from the blockchain, other people’s random inputs…and it makes it appear as if all these inputs are spent. It makes it seem mathematically like any one of these [inputs] could have possibly been the [transaction] signers," another report notes.From Salazar's perspective, however, there are many improvements to the privacy cryptocurrency Monero - one of which is the upgrade of the network's user interface and experience (UI/UX) which are set to happen in the upcoming months.
Binance Coin (BNB) Is The First Crypto To Surpass Its 2018 All-Time High
- Utility - The main purpose of the BNB coin was to allow traders to receive significant discounts on trading fees when using BNB to pay for them - with recurring discounts in regards to listing fees, withdrawal fees, exchange fees and other fees.
- BNB Burning - Binance Coin (BNB) had a limited supply of 200 million but the Malta-based exchange later said that it would leave just 100 million BNB in circulation.
- Binance Chain - This is another major development trending in the altcoin news section as one of the recent launches for the decentralized exchange Binance Chain.
- Changpeng Zhao (CZ) - Last but not the least is the boss of Binance, the popular CZ, who is behind the rise of Binance Coin (BNB) and constantly playing a role as a prominent individual in this market.
Crypto Market Cap Surges To $180 Million, Binance Coin (BNB) Leads
Crypto Exchange Poloniex Starts Tether (USDT) Support
"To support both versions, our crypto exchange Poloniex will be converting a percentage of Tether currently on the Omni network to Tether on the TRON network. The amount of USDT we receive in the airdrop will be based on the amount we convert. Once the airdrop begins, Poloniex customers will be credited based on the amount of Tether they hold on Poloniex. The airdrop is scheduled to begin on April 30th and more details will be provided next week."According to the announcement which went viral in the Bitcoin and altcoin news, the development will support Tether on both chains - the USDT issued on the Omni protocol and the Tron network. The crypto exchange Poloniex also said that their decision to support the new chain is reasoned by expanded flexibility it provides to the USDT platform. In order to support the two issued versions, Poloniex will be converting a percentage of Tether which is currently on the Omni blockchain to Tether within the Tron blockchain. As Poloniex noted in the announcement:
“The amount of USDT we receive in the airdrop will be based on the amount we convert. Once the airdrop begins, Poloniex customers will be credited based on the amount of Tether they hold on Poloniex.”Meanwhile, Tether started issuing USDT on the Tron (TRX) blockchain on April 17th - and this development has been an upgrade from the Omni protocol-based USDT. As the best cryptocurrency news sites reported, this would enable users to hold and transfer the cryptocurrency through smart contracts on Tron. In December 2018, the crypto exchange Poloniex launched a dedicated offering for institutional traders and joined an increasing array of operators looking to service the institutional market. Before that, Poloniex explained then that the move had been taken in order to ensure that the exchange complies with the regulatory requirements in every jurisdiction. However, this announcement did not refer directly to any specific regulations.
Join us on Facebook
- Thailand Crypto Regulation Could Arrive Through ICO & STO Offerings
- Privacy Cryptocurrency Monero (XMR) Celebrates Its 5th Birthday
- Binance Coin (BNB) Is The First Crypto To Surpass Its 2018 All-Time High
- Bitcoin Investing: Over 50% Of Retirees In US Are Crypto-Aware
- 2019 Bitcoin Gains Are Now At 44% Against The US Dollar
UPCOMING EVENTS RECOMMEND BY DC FORECASTS
Altcoin News4 days ago
Notre Dame Reconstruction Powered By Crypto Fundraising Campaign
Altcoin News4 days ago
LTC Price Can’t Keep The Pace Any Longer: Crypto Analyst
About3 days ago
The Real Satoshi Nakamoto To Be Revealed By John McAfee
Blockchain News3 days ago
Legal Blockchain Experts Are In High Demand: Report
Altcoin News2 days ago
Russia’s Central Bank Looks Into The Pros And Cons Of CBDC
Altcoin News4 days ago
Tezos Price Rises By 10% Reaching A New Five-Month High
Analysis2 days ago
Bitcoin (BTC) Price Holding Onto Crucial Support Levels: An Increase Is Likely
About5 days ago
Cryptoispy Reviews Don’t Lie: Your Go-To Place For Reliable Opinions