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Adam Back Refutes the "Bitcoin Supports Spam Data" Argument: Limiting Spam Cannot Rely on Soft Forks Lacking Consensus
Odaily News BIP-110 has sparked community controversy over its attempt to restrict non-financial data storage on the Bitcoin blockchain. Supporters of this proposal plan to push for the rule change through a User-Activated Soft Fork (UASF), but current miner support is far from meeting the activation requirements. The market is watching whether this controversy will further escalate into a split within Bitcoin's network governance.Blockstream CEO Adam Back criticized the arguments of BIP-110 supporters in a post on the X platform, stating that the claim "Bitcoin supports spam data" is incorrect and noting that all Bitcoin participants dislike network spam. Adam Back pointed out that Bitcoin cannot achieve absolute censorship at the mathematical level, and the BIP-110 proposal itself has numerous flaws that prevent it from functioning effectively, which is why it has not gained network consensus. He emphasized that forcibly pushing rule changes without consensus could ultimately lead to a fork outcome similar to Bitcoin SV (BSV).
OKX will remove X, BSV and other currencies from spot trading on July 7
Odaily News According to official news, OKX will officially delist X/USDT, BSV/BTC, BSV/USDT, BSV/USD, GOG/USDT, GOG/USD, DIA/USDT, DIA/USD, BONE/USDT, BONE/USD, OXT/USDT, OXT/USD trading pairs from 4:00 pm to 6:00 pm (UTC+8) on July 7, 2025. In addition, OKX has suspended the deposit operations of the above currencies X, BSV, GOG, DIA, BONE, and OXT at 4:00 pm on June 30, 2025 (UTC+8), and will no longer be open in the future. Users who have pending orders for the above currency pairs, please cancel the order before 4:00 pm (UTC+8) on July 7, 2025. If you fail to cancel the order in time, the pending order system will automatically execute it for you. It may take 1 to 3 working days to cancel the order.
OKX will delist 5 perpetual contract trading pairs including XUSDT and BSVUSDT
Odaily News According to official news, in order to prevent market risks, OKX will remove some perpetual contract trading pairs, including XUSDT, BSVUSDT, GUNUSDT, BRUSDT, and SWELLUSDT, at 4:00 pm (UTC+8) on June 12, 2025. When the contract is offline, the contract trading will be stopped, all user orders will be canceled, and the arithmetic average of the Euro Index one hour before the offline will be used as the delivery price of the offline perpetual contract to deliver all user positions under the contract. If the index price is abnormally manipulated one hour before the offline, the platform may adjust the final delivery price to a reasonable level for delivery according to the actual situation.
OKX will remove leverage on some currency pairs
Odaily News According to the official announcement, in order to prevent market risks and provide users with a good trading experience, OKX will regularly delist some leveraged currency pairs. The specific delisting plan is as follows: OKX will stop lending BSV/USDT, BSV/BTC, LUNC/USDT, BAND/USDT, CELR/USDT, MOVR/USDT and SWEAT/USDT pairs at 5:30 pm (UTC+8) on June 6, 2025. The above pairs will also be taken offline from 2:00 to 6:00 pm (UTC+8) on June 11, 2025. In addition, according to official tips, it takes about 2 hours for each currency pair to go offline. Users who have borrowed/pledged in the above-mentioned leveraged trading pairs or current loans must repay the currency before the currency pair goes offline. If the borrowed currency is not returned by then, the system will trigger forced repayment. Due to the large market fluctuations, it is recommended that users close their positions before stopping trading to avoid losses when the system forces repayment.
UK court dismisses BSV investor’s $11.9 billion lawsuit against Binance
Odaily News The UK Court of Appeal recently partially dismissed a lawsuit filed by Bitcoin SV (BSV) investors against major cryptocurrency exchanges including Binance, alleging that these exchanges jointly delisted BSV in 2019, resulting in investor losses. The court ruled that the investors' claim for £8.9 billion (approximately $11.9 billion) was unfounded and that investors had a responsibility to mitigate their losses through sales or reinvestment. The court pointed out that BSV is not an irreplaceable crypto asset and that investors could have chosen other similar assets such as Bitcoin or Bitcoin Cash for investment. In addition, the court rejected the investors' claim of "missed appreciation opportunities", arguing that the theory did not hold true in the context of the high volatility of crypto assets. (Cointelegraph)
星球早讯
1. Solana 联创 Toly:L1 不应限制应用增长模式; 2. Cathie Wood:AI 正在改变游戏规则,比特币看涨至 150 万美元; 3. BSV 投资者试图重启 2019 年对币安的诉讼; 4.1confirmation 创始人:ETH 将推动加密迈向十亿用户,最终有望超越 BTC; 5. Bonk Guy:别盲目跟随任何 KOL 的代币列表,建议独立思考形成交易逻辑; 6. 前 UFC 冠军康纳麦格雷戈提议建立爱尔兰比特币储备,竞选总统期间主打加密政策; 7. 特朗普:印度和巴基斯坦同意立即全面停火。
BSV investors attempt to reopen 2019 lawsuit against Binance
Odaily News BSV investors are trying to reopen a lawsuit filed in 2019 over Binance's delisting of BSV, which the plaintiffs claim suppressed BSV prices. The original lawsuit claimed $9 billion, and investors believed that the delisting was the main reason for the long-term decline in BSV prices and lack of investor attention. The lawsuit is now requesting a reconsideration of the relevant claims rejected by the UK Competition Appeal Tribunal in 2024. If successful, the amount of compensation may reach $13 billion. (Cointelegraph)
OKX SG will suspend ADA and other 9 token recharge and trading services due to wallet upgrade
Odaily News According to the official announcement, in order to upgrade the OKX SG custodial wallet to further meet local regulatory requirements, according to the OKX digital asset delisting/suspension notice, OKX SG will suspend deposits of 9 tokens from 10:00 am on October 3, 2024, and temporarily suspend the purchase, sale and conversion services of these tokens. The affected tokens include: ADA, ALGO, AR, BSV, CSPR, EOS, FIL, NEO, ORDI.
Fractal network computing power exceeds 263EH/s, ranking fourth among POW chains
Odaily News MiningPoolStats data shows that Fractal's network computing power exceeds 263EH/s, ranking fourth among POW chains. Its network computing power has surpassed POW chains with the highest market capitalization, such as DOGE, BCH, KAS, BSV and CKB, and is about 40% of the Bitcoin network.
Binance asks UK court to dismiss majority of BSV Claims conspiracy lawsuit
Odaily News Binance asked the UK Competition Appeal Tribunal (CAT) to dismiss most of the conspiracy lawsuit filed by BSV Claims against Binance and three other cryptocurrency exchanges. Binance delisted the token in 2019, which BSV Claims believed was collusion and anti-competitive behavior. (Coindesk)
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