Coinbase (COIN) is telling its users to take their Bitcoin SV (BSV) off the platform by January 9 or face liquidation.
“If you fail to withdraw your BSV funds, Coinbase will liquidate any remaining BSV remaining in your Coinbase account,” the notice from Coinbase reads.
A 51% attack refers to a situation where malicious miners gain over half of a blockchain’s mining power, allowing them to undermine the network by invalidating honest blocks in favor of their own longer chain.
In 2019, Binance CEO Changpeng Zhao ordered BSV to be delisted from his exchange after calling Wright a fraud.
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