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Final warning – Will John McAfee file legal complaint against HitBTC?

Priyamvada Singh



Final warning - Will John McAfee file legal complaint against HitBTC?
Source: Pixabay

The McAfee-HitBTC theatre has lifted its curtain to a new legal twist. Recently, John McAfee, the famous entrepreneur and freshly turned HitBTC-hunter, tweeted an announcement for filing a ‘legal complaint’ against the platform for its apparent crime regarding customer funds.

John McAfee tweeted:

“HITBTC has not responded to our requests. We are preparing a legal complaint against HITBTCs service provider and against HITBTC. If you have an issue with HITBTC, then please send details to: [email protected]

The problem mainly began due to HitBTC’s trade limit on John McAfee’s choice of token, Docademic [MTC], and its high withdrawal fees. Earlier in the month, McAfee had accused HitBTC of ‘killing an unknown number of people‘. Docademic [MTC] is said to be working on a ‘free healthcare’ system via science and technology.

The battle between the two parties has been on for quite some time. In the last week of June, McAfee tweeted his first post on boycotting HitBTC due to its malpractices and fiddling with customer funds through crafty announcements and schemes.

At the onset of this battle, HitBTC, in a single response wished McAfee a ‘get well soon‘ on its Twitter.

In these regards, John McAfee had also written a tweet questioning HitBTC CEO’s character for being in the shadows amidst the controversy. He wrote:

“36 hours and not a single response from HitBTC. Please God …. does this not tell you something about the character of their CEO? Please see what is happening here.”

However, it is not just John McAfee who has been throwing jabs at HitBTC. The customer base of the exchange has also been showing continuous disappointment borne out of fund losses and frozen assets.

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Priyamvada is a full-time journalist at AMBCrypto. A graduate in Journalism & Communication from Manipal University, she believes blockchain technology to be a revolutionary tool in advancing the future. Currently, she holds no value in cryptocurrencies.


Tron DApp Weekly Report: Gambling apps leads the surge in Tron DApp numbers

Namrata Shukla



Tron DApp Weekly Report: Tron DApps number led by Gambling apps
Source: Pixabay

Tron, the eleventh largest cryptocurrency on CoinMarketCap, recently collaborated with Bitpie, a partnership that would help startups to bridge the gap in vulnerable financial systems. Tron’s token might be lagging in terms of performance in the market but, Tron DApps continued to surge.

The DApp weekly report released by the Tron Foundation reported an increase of 22 DApps in the Tron ecosystem, taking the total to 392. It noted that gambling DApps mainly contributed to this growth as 17 DApps were gambling-based. Decentralized exchanges followed suit, as 3 new DApps made their way into the Tron DApp ecosystem. The main highlight for the entire Tron community was the partnership with Opera, a mainstream browser.

Tron introduced a DApp ‘Lucky Moon,’ an entertainment-based DApp that pushes users to estimate the current time to run away from the imploding rocket with a specific reward rate. As the rocket takes-off, the reward rate keeps increasing and the player will have to escape at the right time. An extension of this game is ‘Tyrant Annihilation,’ where users need to collect seven types of equipment to kill a tyrant. The DApp might have taken inspiration from The Avengers.

The report made note of the fact that the Tron public chain received support from Aocoin wallet, a decentralized secure digital currency wallet. My Token, a software company that specializes in market information has been integrated into Tronscan and TRX market, leading the way to user traffic in DApps ecosystem.

At press time, Tron was valued at $0.0283 with a market cap of $1.89 billion. The 24-hour trading volume of the coin was noted to be $690.34 as it reported 6.36% growth over the past day. The coin grew by 8.80% over the past seven days, but fell by 0.44% in an hour.

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