Posted 11/7/2023, 9:00:50 AM
Coinbase to Liquidate Bitcoin SV Holdings by Jan 9 Due to Instability and Controversy
- Coinbase Will Liquidate Bitcoin SV Holdings Unless Users Remove Their Coins by January 9
- The decision to delist BSV was made in 2021 after the coin's blockchain experienced a "51% attack" and became unstable
- BSV, currently ranked 53rd in terms of market capitalization, has faced controversy due to its main supporter, Craig Wright
- Wright claims to be the creator of Bitcoin but lacks evidence
- Coinbase is discontinuing support for BSV and will liquidate holdings if coins aren't removed by Jan 9