Bitcoin SV has gained more than 107% in the last 24 hours according to data from CoinMarketCap. BSV started to surge massively after a piece of fake news about re-listing of Bitcoin SV on binance flashed all over the internet.
A WeChat screenshot was spread all across China’s cryptocurrency media. Dovey Wan, a founding partner at Primitive Ventures spotted the fake news instantly and posted on twitter about it
Seems someone did it purposely just around the same time BSV pumped just an hour ago.
Completely fake news but “real enough” to trick many Chinese retails pic.twitter.com/qiWtW6Z8bC
— Dovey Wan 🗝 🦖 (@DoveyWan) May 29, 2019
The Chinese words when translated into English reads as follows:
“CSW transferred 50k BTC from the biggest BTC wallet to Binance, which confirmed he is the real Satoshi. As such CZ will re-list BSV and make an official apology on Twitter.”
The CEO of binance Changpeng Zhao also tweet soon about the fake news:
careful, it’s caused by fake new circulation in China. I got pinged 20 times today, clarifying it is fake. https://t.co/I8jIm4C2kk
— CZ Binance (@cz_binance) May 29, 2019
Bitcoin SV is currently trading around $250 (according to data from CoinMarketCap) and is currently correcting downwards after investors are getting to know about the fake news.
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