Gate News Bot Message, January 5th, according to CoinMarketCap data, as of press time, BSV (Bitcoin SV) is trading at $21.69, up 16.30% in the past 24 hours, with a high of $21.91 and a low of $17.22. The current market capitalization is approximately $433 million, an increase of $60.7 million compared to yesterday. BSV blockchain offers the best solutions for enterprise applications and services with its scalability, micro-payments, and low transaction fees. The blockchain features protocol stability, unlimited scalability, and unbreakable security, supporting functions such as smart contracts, on-chain tokens, and compliance regulation. In 2023, the BSV blockchain has processed over 125 million transactions, demonstrating its excellent scalability. The network can handle 5,000 transactions per second, with a single transaction fee of only 0.0000

ChainCatcher News, according to the official announcement, in order to prevent market risks, some leveraged trading pairs will be removed. According to the announcement, the four trading pairs BSV/USDT, BSV/BTC, LUNC/USDT, and BAND/USDT will be delisted from 14:00 to 18:00 (UTC+8) on June 11; The CELR/USDT, MOVR/USDT, and SWEAT/USDT trading pairs will be delisted from 14:00 to 18:00 on June 12 (UTC+8). The borrowing function of all trading pairs has been suspended at 17:30 (UTC+8) on June 6. At the same time, OKEX will adjust the discount rates for related coins, gradually lowering the discount rates of delisting coins to 0. The platform advises users to manage their positions in a timely manner to avoid forced liquidation due to rule changes.

Odaily Planet Daily News According to MiningPoolStats data, the Computing Power of the Fractal network has exceeded 263EH/s, ranking fourth in the POW chain. Its Computing Power has surpassed DOGE, BCH, KAS, BSV, and CKB, which have a higher market capitalization in the POW chain, accounting for about the BTC network.

On June 5th, the London Court of Appeal held a hearing for the lawsuit against multiple exchanges delisting BSV. BSV Claims Ltd demanded that the six defendants compensate BSV holders with 9 billion dollars for missing out on the growth opportunity. However, the defendants argued that BSV token holders were not locked and therefore could sell and buy other cryptocurrencies at any time, so no compensation should be given. The deadline for this case is three days.