bsv

According to market news, last week the UK Supreme Court rejected an appeal filed by BSV investors in a case where the investors attempted to claim over $13 billion from a well-known cryptocurrency exchange.The appeal stemmed from losses incurred after mainstream cryptocurrency exchanges like Binance and Kraken delisted the BSV token in 2019, causing its value to plummet. The latest litigation process and appeal permission were overseen by three court judges, who ultimately rejected the appeal.The appellant—BSV Claims Limited—claimed that the value of the token immediately dropped after it was delisted, and its potential growth was hindered, resulting in "immediate and ongoing impacts" as well as losses from the "missed growth effect" for token holders. In July 2024, the UK Competition Appeal Tribunal dismissed the appellant's claim regarding the "missed growth effect," rejecting the assumption that BSV would eventually grow to a value equivalent to Bitcoin. In May of this year, the appellant attempted to reassert this claim but was rejected again.

ChainCatcher news, according to Protos, Bitcoin Satoshi Vision (BSV) holders have appealed their $12 billion claim against several major cryptocurrency exchanges, including Binance and Kraken, to the UK Supreme Court.BSV holders claim that these exchanges conspired to delist BSV in 2019, leading to a price drop and missing out on price appreciation opportunities similar to Bitcoin (BTC).Previously, the case was submitted to the Competition Appeal Tribunal in 2024 but was dismissed. Subsequently, BSV holders appealed to the UK Court of Appeal, which also failed. This time, BSV Claims Limited is applying for permission to appeal to the Supreme Court on behalf of BSV holders.

According to ChainCatcher news, in an official announcement, OKX announced that it will delist 12 trading pairs including X/USDT, BSV/BTC, BSV/USDT, BSV/USD, GOG/USDT, GOG/USD, DIA/USDT, DIA/USD, BONE/USDT, BONE/USD, OXT/USDT, and OXT/USD on July 7, 2025, from 16:00 to 18:00 (UTC+8).The exchange has suspended the deposit functions for X, BSV, GOG, DIA, BONE, and OXT since June 30 at 16:00 (UTC+8), and the withdrawal service will continue until September 30 at 16:00 (UTC+8). Users need to process their related assets within the specified time, and any unprocessed orders will be automatically handled by the system.

ChainCatcher message, the South Korean exchange Upbit announced that due to wallet system maintenance, it will suspend the deposit and withdrawal services for Bitcoin SV (BSV) and NKN starting from June 26, 2025, at 23:00 (KST), until the system stability is confirmed. During the suspension, the deposit and withdrawal processes will be temporarily halted, and the resumption time will be notified separately.

ChainCatcher message, OKX announced that it will regularly delist certain perpetual contracts.According to the plan, the following contracts will be officially delisted on June 12, 2025, at 16:00 (Beijing time): XUSDT, BSVUSDT, GUNUSDT, BRUSDT, SWELLUSDT. Users should pay attention to the trading and fund arrangements of the relevant contracts.

ChainCatcher news, according to Cointelegraph, BSV investors are attempting to restart the lawsuit filed in 2019 due to Binance delisting BSV, with the plaintiffs claiming that the decision suppressed the price of BSV. The original lawsuit claimed $9 billion, and investors believe that the delisting was a major reason for the long-term decline in BSV's price and the lack of investor interest.Currently, the lawsuit requests a reconsideration of the relevant claims dismissed by the UK Competition Appeal Tribunal in 2024. If successful, the compensation amount could reach $13 billion.

ChainCatcher news, according to the popularity index data from the Web3 asset data platform RootData, as of March 6th, 10:00, Bitcoin SV has surged 580 places in the Top 50 ranking of skyrocketing projects, with its token BSV experiencing a 24-hour increase of 7.7%.Bitcoin SV is a hard fork of BCH that views cheap peer-to-peer transactions as the core value proposition of the network and is committed to increasing block size and on-chain transaction throughput.It is reported that RootData has launched the first "Web3 Popular Projects Ranking." This popularity ranking helps users capture the real pulse of attention and improve the accuracy of investment decisions through 4.3 million real user behavior data. The ranking is calculated in real-time based on weighted factors such as the frequency of searches by platform users, project click rates, user votes, and the popularity and influence on platform X.

ChainCatcher news, Binance requests the UK Competition Appeal Tribunal (CAT) to dismiss most of the BSV Claims' conspiracy lawsuit against Binance and three other cryptocurrency exchanges.Binance delisted the token in 2019, and BSV Claims argues that this constitutes collusive anti-competitive behavior. Binance lawyer Brian Kennelly stated that BSV holders "could reasonably sell it and reinvest in similar cryptocurrencies." Other defendants in the case include Bittylicious, Kraken, and Shapeshift.

ChainCatcher news, the London Court of Appeal held a hearing regarding the lawsuit against several exchanges for delisting BSV. BSV Claims Ltd is demanding $9 billion in compensation from the six defendants for BSV holders, as the delisting of BSV caused these holders to miss out on growth opportunities.The defendants argue that BSV investors could have sold their BSV tokens in 2019 and purchased another cryptocurrency, and therefore should not be compensated, as they could have taken reasonable steps to avoid the "loss."The defendants also stated that BSV token holders were not locked in, so they could sell at any time and buy other cryptocurrencies. The case will last for three days.

ChainCatcher message, the BCH halving countdown has only 10 hours left, expected to be completed tonight. The current block reward is 6.25 BCH, and after the halving, the block reward will be 3.125 BCH. There are currently 66 blocks remaining. Entering the reduction month of April, the BSV halving is expected to be completed on 2024/04/14, and the BTC halving is expected to be completed on 2024/04/20.

ChainCatcher message, Coinbase officially announced that it will stop supporting Bitcoin SV (BSV) around 12 PM Eastern Time on January 9, 2024.

ChainCatcher message, Coinbase announced that it will stop supporting Bitcoin SV (BSV) on January 9, 2024. Users need to withdraw their BSV funds before this date; otherwise, Coinbase will automatically liquidate the BSV in users' accounts and convert the balance into equivalent other digital assets supported by the platform.

ChainCatcher news, BSV protocol developer nChain announced a $2.4 million investment in the digital asset platform Asset Layer, acquiring a 20% stake in Asset Layer. nChain provides the core blockchain infrastructure behind the Asset Layer solution, offering customers interoperability, security, and scalability.Asset Layer is a digital asset-as-a-service solution, and the collaboration with nChain provides an opportunity to serve large enterprise clients. The Asset Layer platform enhances brand customer engagement by allowing non-technical teams to create interoperable digital assets that can serve various brand promotion purposes, such as loyalty programs and community engagement. (Source link)