Myetherwallet Relaunches as Mycrypto Following a Hostile Twitter Takeover

Myetherwallet, the web’s most popular client-side ethereum interface, has announced a surprise rebrand. The service will henceforth be known as Mycrypto following an acrimonious split. The sudden move took one half of the Myetherwallet team by surprise, who claims the “Twitter handle was changed without knowledge or permission of MEW’s founder”. It has also emerged that a lawsuit was filed in December, with one party alleging that the other failed to allow them to inspect the company’s books. It now looks like there will be two competing brands moving forward, Myetherwallet and Mycrypto.

On Thursday evening, the Myetherwallet Twitter account announced to its 77,000 followers that it had rebranded as Mycrypto and had a new Twitter handle to match. There was just one problem: founder Taylor Monahan doesn’t seem to have told her co-founder Kosala. The revelation sparked a Twitter spat and overshadowed what had initially looked like a slick rebrand. The first ethereum wallet with a proper interface, MEW, as it’s affectionately known, has been around since 2015.

Its users witnessed the DAO hack and subsequent hard fork of the ethereum blockchain to create two versions of the coin: ETH and ETC. Now, MEW has undergone its own hard fork that’s set to be every bit as contentious as the one that came in the wake of the DAO. In a blog post, Taylor explained the reasons behind the rebrand – but conveniently forgot to mention that she had done so without the consensus of her founding partner, and had nabbed the Twitter account into the bargain. In December, Kosala filed a lawsuit in California after Taylor allegedly refused to let him inspect MEW’s books.

Source: Bitcoin News