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Unocoin offers Bitcoin [BTC] for all the users affected by the technical glitch

Ketaki Dixit

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Unocoin offers Bitcoin [BTC] for all the users affected by the technical glitch
Source: Flickr

Unocoin, the leading cryptocurrency platform in India has announced that the platform will be offering Bitcoin [BTC] for all the users who were affected by the technical glitch earlier this week. The platform faced a technical glitch after announcing that they have listed five coins on the platform and will be listing more soon.

The exchange platform faced a technical issue with Zilliqa [ZIL] coins. Users didn’t receive their ZIL in their wallet and some users were restricted to deposit or withdraw the coin. This led to a state of panic amongst those users who bought the coin. The Unocoin team hadn’t provided a clarification on what exactly was happening with the coin at that point in time on their platform.

During an exclusive interview with AMBCrypto, the team said that the ZIL issue will be resolved and people are receiving their token in their account. In addition, the Unocoin team has also announced that they will be offering Bitcoin [BTC] as a way to compensate for all the users affected by the error.



They said:

“The ZIL issue is on the verge of being resolved and people are receiving their token into the respective accounts. Along with that Unocoin is also offering BTC worth Rs.200, while we are also giving up zero network fees for ZIL till Friday. This is just a small initiative to compensate for the loss the user faced.”

According to CoinMarketCap, Zilliqa [ZIL] at press time was trading at $0.11 with a market cap of $871 million and has dipped by more than 18% in the past 24 hours. Bitcoin [BTC] was trading at $7656 with a market cap of $130 billion and has dipped by more than 7% in the past 24 hours.





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Ketaki Dixit is a Journalism major from Jain University. She has about 1-year experience in the field and is passionate about blockchain technology and the cryptocurrency world.

Altcoins

Tron [TRX] DApps surpass Ethereum, EOS in terms of weekly active and new users

Namrata Shukla

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Tron [TRX] DApps surpass Ethereum and EOS in terms of Weekly active and new users
Source: Pixabay

Tron [TRX], the eleventh largest coin on CoinMarketCap, has been crossing new milestones recently, with its block height and partnerships. Despite the coin performing rather poorly in a relatively bullish market, its adoption and the popularity of its DApps have made Tron lead the DApps market.

Tron’s popular proponent, Misha Lederman, shared with the community Tron’s recent achievement. Compared to Ethereum [ETH] and EOS, Tron registered a higher number of new users and active users. It noted 60k new users, while Ethereum reported 25K and EOS reported 9k. The active users on Tron’s DApps platform were 172k, followed by EOS with 170k and ETH with 54k.

Lederman in his tweet commented,

“#TRON growing fastest in terms of new users among Top 3 platforms:
New Users:
TRON 60K; #ETH 25K; #EOS 9K
Active Users:
TRON 172K; EOS 170K; ETH 54K”

Source: Twitter

Source: Twitter

He added that BitTorrent Speed’s launch in Q2 would provide Tron and BitTorrent users with BTT as an incentive for seeding, which might lead to a growth in the user base of TRX and BTT.



Source: Twitter

Source: Twitter

According to Tron foundation and BitTorrent CEO Justin Sun, TRX will make its way into the top 10 by the end of June, whereas BTT will be a part of top 30 by Q2. However, Tron’s current market cap is $1.87 billion, whereas Cardano [ADA] on the tenth position reported a market cap of $2.12 billion.

At press time, Tron was valued at $0.0279, with a market cap of $1.87 billion. The 24-hour trading volume of the coin was noted to be $664 million, as it fell by 2.80% in a day. TRX managed to register 12.60% growth over the past seven days. However, it fell by 0.53% in an hour.





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