The cryptocurrency exchange Binance was featured in the latest cryptocurrency news as the one delisting the altcoin Bitcoin SV (BSV). However, it appears that besides the Twitter brawl which led the CEO of Binance to make this decision – other exchanges are doing the same. In the latest altcoin news, the exchange ShapeShift has also decided to drop the cryptocurrency and the exchange Kraken is considering to follow the suit.
In a tweet that was posted on April 15, the CEO of ShapeShift Erik Voorhees revealed that the company came to the decision of stopping to list BSV, stating:
“We stand with @binance and CZ’s sentiments. We’ve decided to delist Bitcoin SV #BSV from @ShapeShift_io within 48 hrs.”
This announcement drew a very negative response from many community members. One even commented:
“This action by you smacks of PayPal cutting off Wikileaks. As a BTC maximalist I don’t like it. It goes against what BTC stands for.”
As a reference, back in 2010 the payments service PayPal froze WikiLeaks’ account, claiming that it violated the PayPal terms of service. This post was also featured on many best cryptocurrency news sites and is quite linked to the coming altcoin news.
Aside from ShapeShift, Kraken is also considering to delist BSV, after posting a poll whether to drop the coin or keep it for the sake of price discovery. Meanwhile, BSV will be delisted from Binance starting next week – after they mentioned that they only delist a coin after an in-depth review, noting that they “believe that this best protects all users.”
This comes a few days after the CEO of Binance Changpeng Zhao (CZ) tweeted a warning in which he said that Binance could delist BSV in response to its creator’s behavior Craig Wright. In the meantime, Wright had set a $5,000 bounty in BSV for information regarding the identity of Hodlonaut (which started the brawl with him). The community reacted on Twitter by creating the #WeAreAllHodlonaut hashtag showing support for the now-deleted account.
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