Cryptocurrency Q&A What is the BSV controversy?

What is the BSV controversy?

Alessandra Alessandra Fri Dec 27 2024 | 7 answers 1315
The BSV controversy centers around Bitcoin SV (BSV), a cryptocurrency forked from Bitcoin Cash (BCH). The main issue involves its leader, Craig Wright, who claims to be the anonymous creator of Bitcoin, Satoshi Nakamoto. Wright's legal actions to support this claim and conflicts with the crypto community led to BSV's delisting from several major exchanges, sparking a legal case over alleged losses of $90 billion. The case raises questions about exchange responsibilities and investor protections in the crypto market. What is the BSV controversy?

7 answers

Enrico Enrico Sun Dec 29 2024
The cryptocurrency world witnessed repeated attacks in the span of a few months.

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SkyWalkerEcho SkyWalkerEcho Sat Dec 28 2024
By controlling a majority of the hashing power, attackers can essentially take over the network, disrupting its normal operations.

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GeishaWhisper GeishaWhisper Sat Dec 28 2024
Specifically, between June and August of 2021, BSV became a target of significant cyber threats.

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Lucia Lucia Sat Dec 28 2024
BTCC, a top cryptocurrency exchange, offers a range of services to its users. These include spot trading, futures trading, and a wallet service.

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Pietro Pietro Sat Dec 28 2024
During this period, BSV experienced three separate 51% attacks.

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