Kraken warns traders about the risks of trading Bitcoin SV

[Mazda3]

Kraken Cryptocurrency Exchange, the most secure in the opinion of Group-IB, warned users about the perceived risks of Bitcoin SV trading (BCH SV), one of two competing networks resulting from Bitcoin Cash.

At the same time, the exchange launches trading in Bitcoin SV tokens, but warns that they "do not meet the usual Kraken listing requirements" and "should be viewed as extremely risky investments."

The “set of disturbing signals” that traders should pay attention to ”, the exchange considers that none of the well-known wallets provide protection against replaying, major blockchain observers do not support, and miners are obviously subsidized or work at a loss .
A source: https://blog.kraken.com/post/1928/kraken-credits-clients-with-bitcoin-sv-bsv-and-launches-bsv-trading/

[peel1]

Thanks for the heads up that's a very imported news for BCH holders like myself

[wry]

The BCH fork just gets more and more upsetting.  I can't believe there is no replay protection.  That is just a fundamental foundation for being legit.  When BCH first forked off of Bitcoin replay protection was enabled to prevent people from spending on both chains.

If you want to read more about replay protection:  https://blockchaind.net/replay-protection-bitcoin-needed/ is a decent summary, you can scroll down to why it's needed.