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What is OpenC? OpenC is a leading crypto on-ramp service provider, dedicated to simplifying the process of converting fiat currency into tokens. imToken now integrates with OpenC, allowing you to get popular tokens like BTC, ETH, USDT, TRX, BCH, and LTC using third-party payment options such as Apple Pay, Google Pay, and Visa. How to Use OpenC in imToken? Go to the wallet homepage, swipe left on the function bar and click "Buy" - "One-stop crypto purchase" to launch OpenC to get tokens. Choose the fiat currency you'd like to use and the token you want to receive. Enter the amount you'd like to pay, then click "Next" to select your payment method and service provider. You'll notice that the receiving address for the token is your current wallet address.Click "Next" and then "Go Buy" to complete the form and proceed with payment via the third-party service (KYC verification is required by the third-party payment provider). Once the purchase is complete, return to your wallet's homepage to view your newly purchased tokens. imToken will keep improving the get token process, offering more options, and making it easier for users to access their tokens. Risk Warning: The content of this article does not constitute any form of investment advice or recommendation. imToken does not make any guarantees and promises for the third-party services and products mentioned in this article, nor assume any responsibility. Digital asset investment has risks. You should carefully evaluate these investment risks and consult with relevant professionals to make your own decisions.

imToken is turning 8! 🎉🎉🎉 From 2016 to 2024, imToken has been witnessing the ups and downs of the crypto industry alongside all of you. We express our gratitude to every user for their support and companionship, enabling us to keep moving forward. Building a Token-Centric World In 2018, imToken embraced the ethos of open source, infusing fresh energy into the crypto industry with its TokenCore code. However, as the ecosystem continues to evolve, simply patching up old code is no longer the optimal choice. We're committed to embracing innovative solutions that propel us forward in this ever-changing landscape. As the crypto industry rapidly evolves, wallet products need to meet a wider range of needs. We believe the ultimate state of an ideal wallet should be: A shield for users and their families: protecting tokens from compromise, data leaks, and identity tracking. Helping users access the tokenized world with low cost and low threshold: permissionless accounts, affordable hardware, and user-friendly interfaces. Looking ahead, we are steadfast in our belief that "a Token-Centric World" is the best way to achieve this vision. Tokens are changing the way we innovate, share, and interact, whether it's in transfers, payments, NFTs, staking, governance, or in the realms of DeFi and DID. We keenly perceive the profound impact of this paradigm shift. A New Beginning: imToken 2.15 Driven by the concept of "a Token-Centric World," we've dedicated ourselves to crafting imToken 2.15, introducing a revolutionary architecture and design. The flat account system not only enhances flexibility in accommodating diverse account types but also establishes the groundwork for token-centric product design, heralding a fresh beginning. In line with this transformative journey, we've designed a new brand centered around tokens, unveiling it to commemorate our 8th anniversary, symbolizing a pivotal milestone in our evolution. imToken 8th Anniversary More importantly, we have prepared a wealth of surprises and airdrop events, and we sincerely invite you to join us in celebrating imToken's 8th birthday! Join the 8th Anniversary Event now: https://token.im/anniversary8 imToken Team2024.05.22

Hackers have recently intensified their attacks on crypto project social media accounts, especially Discord and X (formerly Twitter). These channels have been compromised for projects like 1inch, Orderly Network, Sei, Avalanche, ZKsync, and Polygon. High-profile individuals, including members of the Trump family, professional footballer Kylian Mbappé, and NBA player Jaylen Brown, have also been victims of such attacks. These breaches have led to significant losses; for instance, a user lost $150,000 in ETH after Polygon's Discord was breached. This article will highlight common hacking methods and provide tips for safeguarding assets. Common Hacking Methods and High-Risk Periods Hackers often employ phishing attacks, software vulnerabilities, and social engineering to take control of accounts. Once they gain access, they impersonate official accounts and post fake announcements about airdrops, enticing users to click malicious links or download counterfeit Apps. Hacking incidents often surge during critical events like mainnet launches, token issuances, or airdrops. Users, eager to participate, may neglect to verify the authenticity of information, increasing their vulnerability to attacks. By clicking on malicious links and granting wallet permissions, they may unknowingly allow hackers to transfer tokens or compromise their devices with malware. Ava Labs COO Luigi D'Onorio DeMeo Fell Victim to Phishing Attack On August 19, Luigi D'Onorio DeMeo, COO of Ava Labs, fell victim to a phishing attack by clicking a fraudulent password reset link. This led to his X account being compromised, which the hacker then used to promote a fake token named "$PIKA." Attacks on Discord Servers Less than 48 hours after the Polygon Discord server was attacked, the servers of Avalanche and ZKsync also experienced similar breaches. Hackers posted fake links claiming to be for the second round of $ZK airdrops, deceiving users into clicking them. Security Advice for Project Teams Enforce strong password policies and change passwords regularly. Activate two-factor authentication (2FA). Limit account access to only core team members. Regularly review and update third-party applications and integrations to reduce potential vulnerabilities. Develop an emergency response plan for swift action during an attack and timely communication with the community. Security Advice for Users Information Verification: Exercise caution with announcements from official channels, particularly those related to airdrops or urgent actions. Always cross-check information across multiple official sources (such as the official website, X, Medium, etc.) instead of relying on one. Operational Security: Before clicking any link, verify the URL to ensure it’s from a trusted source. Avoid granting token allowance to unfamiliar links, refrain from downloading unverified apps, and keep your software and systems updated to protect against vulnerabilities. Token Management: It’s advisable to store tokens using a combination of software and hardware wallets. Decentralized wallets like imToken, which allow users to manage their own seed phrases and private keys, provide enhanced security. Stay Calm: Scammers exploit fear and greed. If an offer seems too good to be true, it probably is. End Staying vigilant and verifying information from multiple sources is essential to avoid cyberattacks. Continuous learning about security is also crucial due to the evolving nature of hacking techniques.

The latest version of imToken enhances the USDT transfer function for TRX accounts. Upgrading to v2.15.6 allows users to enjoy one-click energy rental and a more streamlined transfer process, reducing fees by up to 50%. Guide 1. Enter the USDT transfer page of your TRON account, input the recipient's address, and you will see two payment options in the gas fee section: Pay TRX to rent energy and Burn TRX. Selecting either option will show the corresponding fees. For energy rental, the fee is 7 TRX, while burning TRX incurs a fee of 14.30 TRX. Apparently, the rental option is more cost-effective. Note: The fees for different methods will vary based on real-time network conditions, so please refer to the actual fees displayed in the App during the transfer. 2. Choose "Pay TRX to rent energy," click "Next," and then "Send" the energy rental transaction. Once the transaction is done, imToken will automatically pop up the transfer page, and you can click "Send" to complete the USDT transfer. The "Send to" field in the middle image above refers to the Feee.io energy rental address. Please ensure that your TRX balance in the TRON account is greater than the amount required for directly burning TRX when using the "Pay TRX to rent energy" function. Otherwise, you will not be able to use this feature. For example, when transferring to a recipient with a USDT balance, burning TRX will consume around 14 TRX, so ensure your balance exceeds 14. But for recipients without a USDT balance, the TRX consumption increases to about 28 TRX, meaning your balance should be more than 28. Note: If TRON network energy is in shortage, the energy rental option won’t appear. You can either "Burn TRX" to proceed or manually rent energy via the "Rent" button on the TRON account homepage and wait for it to be credited before transferring.

What is MoonPay? MoonPay is a leader in Web3 infrastructure, offering end-to-end solutions for payments, enterprise-level digital tokens, and smart contract development, with services spanning over 160 countries. For more information, please visit: https://www.moonpay.com imToken has integrated MoonPay. You can use third-party payment services like Apple Pay, Google Pay, Visa, etc., to get popular tokens on the chains and networks supported by imToken, including BTC, ETH, USDT, TRX, BCH, LTC, and more. How to Use MoonPay in imToken? 1. Go to the wallet homepage, click on "Buy" - "MoonPay" in the function bar. 2. Enter the amount of currency you wish to pay to get a quote. Click "Continue" and enter your email address to receive the verification code. Then, follow the prompts to complete the KYC for the third-party service. Once the order is complete, return to your wallet's homepage to view your newly received tokens. Click here to learn more: Seamlessly Get Tokens with imToken for a Smoother Entry Into Web3  Risk Warning: The content of this article does not constitute any form of investment advice or recommendation. imToken does not make any guarantees and promises for the third-party services and products mentioned in this article, nor assume any responsibility. Digital asset investment has risks. You should carefully evaluate these investment risks and consult with relevant professionals to make your own decisions.

What is Crypto Shame? Do you ever feel uneasy talking about your involvement in the crypto or blockchain space? Recently, the term "crypto shame" has been circulating more frequently within the industry. Some people feel ashamed because blockchain has not yet provided meaningful social value, while others feel embarrassed due to the prolonged market slump. This feeling is not limited to everyday investors; it is also shared by long-standing industry professionals, including Ethereum core developers. On August 5, during a major market slump, Péter Szilágyi, a member of the Ethereum Foundation and the lead developer of Geth, tweeted a comparison between the crypto industry and SpaceX. He pointed out that, unlike SpaceX—which pushes human progress forward through rocket launches and space exploration—the crypto industry is more like a casino for gamblers and has not created real social value. You might argue that Bitcoin, which emerged from the 2008 financial crisis, along with the rise of stablecoins, DeFi, DEXs, wallets, and other innovations over the past decade, are substantial achievements. Péter acknowledges that stablecoins are useful, but he argues: - Bitcoin, intended to be a safe-haven asset, has failed due to its high volatility, undermining its original purpose. - Decentralized exchanges (DEXs) have mostly driven speculation instead of creating real value. - Market analysis tools like Dune and Messari, while useful, ultimately serve a market that often resembles a "casino." - Even though we've achieved high TPS, current blockchain applications mainly support meme coins rather than creating valuable products or services. Indeed, technology is not the goal itself; it should aim to bring real improvements to people's lives. Given the current landscape, it might be smarter to keep quiet about your involvement in crypto for your own safety. A month ago, a 29-year-old Bitcoin holder in Kyiv, Ukraine, was kidnapped by four men and murdered after they stole about $207,000 worth of Bitcoin from him. At the recent EthCC conference in Brussels, several attendees were also robbed. In the article, A Bitcoiner’s Guide to Organized Crime, Casa co-founder Jameson Lopp highlighted that organized crime groups in the United States specifically target Bitcoin holders to steal their assets. With multiple reports of crypto users being targeted, it's understandable why people want to hide their identities. The volatility of the crypto market also led some in the industry to stay silent. Sharp price declines can shake investor confidence and hurt the public's view of the entire crypto sector. Is Crypto Really "Shameful"? To answer this, we first need to acknowledge the current challenges in the crypto industry: a lack of practical applications. Beyond Bitcoin and a few other projects, most still lack substantial use cases, and much of the technological development appears to primarily enable speculation. Speculators are mainly focused on making profits and care little about what they invest in. However, they provide liquidity to many tokens, bridging gaps in the market. Both value investors and speculators play essential roles. As the saying goes, “clear waters hold no fish”—without speculators, market activity could decline significantly. Understanding the role speculators play helps us take a more balanced view of the industry. It's also understandable for crypto users to protect their identities for personal safety. However, feeling ashamed due to a perceived lack of value or market volatility may be unnecessary. Crypto has a valid role in the current landscape and holds potential for expanding real-world applications in the future. The Significance of Crypto Today Consider Bitcoin, the first successful decentralized digital currency, which operates without the need for central banks or authoritative institutions. This allows Bitcoin to be freely transacted globally without intermediaries. Despite its high volatility, many investors view it as a long-term store of value, similar to gold, providing a hedge against inflation. In countries with severe inflation, Bitcoin has emerged as an alternative. For example, on June 9, 2021, El Salvador adopted Bitcoin as legal tender to address its currency's devaluation. Additionally, Bitcoin promotes financial inclusion by offering a new method for unbanked populations to make payments and save money. Furthermore, Bitcoin has introduced blockchain technology, which has applications beyond cryptocurrencies, such as in supply chain management, identity verification, and more. Stablecoins, known for their price stability, have gained popularity in cross-border payments. For example, PayPal’s Xoom service allows users to transfer money using stablecoins without incurring fees, which reduces costs and enhances efficiency for international transactions. The Future Social Value of Crypto Péter's comparison of cryptocurrencies to SpaceX may not be entirely accurate. Rockets have a clear purpose—launching objects into space. However, the purpose of cryptocurrencies and blockchain, similar to the internet, is not fixed. They have the potential to evolve and adapt over time. A better comparison might be 5G technology. A decade ago, when 2G or 3G was adequate, few could have anticipated the applications of 5G. However, during the recent Paris Olympics, 5G was widely used for live broadcasts and data transmission. For instance, the Olympic Broadcasting Services (OBS) used 5G cameras and ultra-high-definition technology to give viewers around the world a better experience.  Thus, technologies that initially seem to lack clear applications can, over time and with further development, reveal significant social value. Blockchain's core feature—immutability—enhances data transparency and traceability. In the charitable sector, this can build donor trust, while in the food supply chain, blockchain can track the origins and history of food, improving safety. Additionally, blockchain’s encryption capabilities can be used for identity verification, ensuring that only authorized users access specific resources, thereby enhancing data security and reducing the risks of identity theft and data breaches. While much of today’s development in cryptocurrency and blockchain focuses on infrastructure, like increasing TPS, which is often used for meme coins and speculative purposes, the real potential lies in applying these technologies to more practical and valuable scenarios. Just as 5G technology proved its value as it matured and its applications expanded, cryptocurrencies and blockchain will similarly reveal their true worth as they evolve and find broader, more meaningful applications. Government Regulation on Crypto Bitcoin was created in the aftermath of the 2008 financial crisis by Satoshi Nakamoto, who, disillusioned with the traditional monetary system, designed Bitcoin without a central issuing authority. The Bitcoin genesis block famously includes the message: The Times 03/Jan/2009 Chancellor on brink of second bailout for banks Cryptocurrencies initially posed a challenge to traditional finance and government systems. However, today, governments worldwide are increasingly developing regulations for the crypto industry, showing some level of acceptance. In 2023, the European Parliament passed the Markets in Crypto-Assets (MiCA) regulation. This landmark legislation provides a comprehensive regulatory framework for crypto assets throughout Europe, covering aspects such as issuance, trading, and custody services. This year, the United States also approved Bitcoin and Ethereum spot ETFs, marking a major step for cryptocurrencies into mainstream finance. Additionally, the U.S. is considering a proposal to establish a Bitcoin Tax-Free Digital Economic Zone (DEZ) to encourage Bitcoin adoption and growth by offering a tax-free trading environment. In August, Russian President Vladimir Putin signed a law legalizing cryptocurrency mining. The Russian government has also identified cryptocurrencies as a promising economic sector and plans to develop a regulatory framework for it. These regulatory actions, from broad frameworks to specific initiatives, show increasing government optimism about the industry's future and address concerns about "crypto shame." Conclusion We don’t think crypto is shameful. Those in the industry should move forward confidently and stay true to their purpose. However, we don't fully agree with Arthur Hayes' suggestion that crypto holders should proudly show off their wealth—not without first ensuring a secure environment. We believe crypto is important, especially when we understand the source of its resilience. For now, patience is key.

What is Babylon? Babylon is a trustless Bitcoin staking protocol, allowing users to stake BTC in a PoS system and earn rewards on networks like Cosmos, Ethereum, BSC, and Polygon, while maintaining full asset control. With Babylon's fast unbonding and scalable staking features, Bitcoin stakers can not only enjoy PoS staking rewards but also participate in projects integrated with the Babylon protocol, such as SolvBTC and Bedrock, to earn additional income. Babylon's Bitcoin staking is rolling out in phases, with the first phase—Bitcoin Locking—now live. You can access the Babylon DApp via imToken and begin staking by submitting a BTC staking transaction on Bitcoin. Reference: https://babylonlabs.io/blog/babylon-bitcoin-staking-mainnet-launch-phase-1 How to Use Babylon on imToken Adding an Account First download and install imToken (https://token.im) to create/import a wallet and add a Bitcoin account.  Click to check website certificate security. If you didn‘t add a Bitcoin account when creating/importing your wallet, please navigate to "My Profile" -> "Manage wallets" -> "Add", select the Bitcoin network, and confirm (the default address type is Taproot, starting with "bc1p"). Return to the wallet home page to access the newly created Bitcoin account. Note: Only Bitcoin accounts starting with "bc1p" (Taproot) or "bc1q" (Native SegWit) are supported for Babylon staking. Learn more: How to add Bitcoin addresses starting with 1, 3, or bc1q? Staking 1. Open your BTC account and go to the Browser page. Search for Babylon or enter the URL: https://btcstaking.babylonlabs.io/ to launch the DApp. 2. After connecting your wallet, choose a finality provider (validator) to delegate to. Enter the amount to stake, click "Preview" to review miner fees, staking period, etc., and then click "Stake" to sign and complete the staking. Note: Finality providers stake BTC and participate in the block validation process, ensuring the chain's integrity and security.  3. After submitting the staking transaction, you can view your staking records in the Stake history section. Unbonding 1. Open Babylon, connect your wallet, and find your staking record. Click "Unbond" to view the unbonding fee, estimated unbonding period, etc. 2. Click "Proceed" to confirm the miner fee, then click "Sign" to submit the unbonding transaction. Wait for the transaction to be confirmed to complete the unbonding process. Withdrawing 1. Open Babylon, connect your wallet, find the unbonded (withdrawable) record in Stake history, and click "Withdraw." 2. Click "Proceed" to confirm the miner fee, then click "Sign" to send the withdrawal transaction. After confirmation, the tokens will be withdrawn to your Bitcoin wallet.   Risk Warning: The content of this article does not constitute any form of investment advice or recommendation. imToken does not make any guarantees and promises for the third-party services and products mentioned in this article, nor assume any responsibility. Digital asset investment has risks. You should carefully evaluate these investment risks and consult with relevant professionals to make your own decisions.

After adding support for more Bitcoin accounts like Taproot, the latest imToken update introduces Babylon Bitcoin staking. Babylon Bitcoin Staking Babylon is a trustless self-custody staking protocol on the Bitcoin network Bitcoin, powered by the PoW mechanism, has operated successfully for 15 years, proving its resilience over time. However, under this mechanism, Bitcoin does not support staking, leaving its trillion-dollar native tokens largely idle, with low capital efficiency. Meanwhile, many PoS chains lack sufficient valuable tokens to secure their networks. Babylon addresses this by enabling Bitcoin staking, converting idle BTC into security support for PoS chains. Throughout the process, Babylon employs a series of stringent mechanisms to ensure the security and flexibility of user staking operations: Bitcoin-Based: Staking operations occur on the Bitcoin mainnet, ensuring token security. Real-Time Verification: If stakers violate the protocol, the system automatically enforces slashing on the Bitcoin network. Flexible Withdrawal: Stakers can retrieve their staked BTC at any time, allowing for convenient token management. Staking through Babylon puts BTC to better use, allowing stakers to enhance PoS chain security while earning native token rewards. imToken Now Supports Babylon Bitcoin Staking imToken now supports Babylon Bitcoin staking, boosting innovation in the Bitcoin ecosystem. By transforming BTC into yield-generating assets, Babylon increases the capital efficiency of Bitcoin. In traditional finance, yield-generating assets account for over 90%, highlighting their importance. As more idle Bitcoin liquidity is activated, the Bitcoin ecosystem is expected to evolve like Ethereum, creating new opportunities and wealth effects. Go to the "Manage wallets" page in imToken, select "Add," choose Bitcoin, and click the icon in the upper right corner. Then, select "Advanced" and check the Bitcoin address types that support staking (Taproot and Native SegWit). After creating the account, deposit BTC, and visit the Babylon staking DApp in the browser to begin staking. For detailed instructions, please refer to: How to Stake Bitcoin through Babylon on imToken?

To provide more stable and efficient services, imToken Card issuer DCS plans to migrate DUSD to the PlatON network on August 15, 2024, from 10:00 to 18:00 Singapore time. DUSD, a project launched in 2023 in collaboration between imToken and DCS, offers a convenient top-up method for imToken Card users. This migration will temporarily affect some functions of the imToken Card as detailed below: Service Adjustments During Migration:The imToken Card top-up feature will be temporarily suspended during the migration. If you need to top up, please do so before the migration. Service Changes After Migration: Transaction History Query: You will temporarily be unable to view top-up transaction records in imToken. Please check the relevant records in the DCS Cards App. Top-up Address Update: The DCS top-up address will change. Please verify the new address before topping up. Binding Address Change: You will temporarily be unable to change the binding address. All affected functions will be restored as soon as possible. We apologize for any inconvenience this may cause and appreciate your understanding and support. If you encounter any issues, please contact us through "Support & Feedback" in the app. imToken Team2024.08.13