imtoken

"On-chain detective" ZachXBT posted on platform X, publicly criticizing Tokenlon and imToken, stating that they have become high-risk channels for illegal fund flows and indicating that further actions will be taken against the relevant platforms.It is claimed that most of Tokenlon's trading volume comes from "pig butchering," investment scams, and various illegal market activities, directly stating that its co-founder Ben He should "bear legal responsibility for the related actions." He mentioned that investigations and crackdowns on Tokenlon and the imToken system will continue in the future. Tokenlon lacks genuine trading demand outside of Southeast Asia, with a significant proportion of its on-chain activities related to illegal fund flows, and this issue has noticeably worsened since 2022.In addition, ZachXBT also named several so-called "offshore large trading and aggregation platforms," including Butter Network, HiFiSwap, and Tokenlon, stating that they should be subject to stricter regulation and crackdown due to potential criminal activities.

The Chief Information Security Officer of Slow Fog Technology, 23pds, issued a reminder to be wary of fake imToken Chrome extensions. A fake imToken Chrome extension in the Chrome Web Store is phishing for seed phrases and private keys.

According to reports from users on platform X, an imToken wallet user encountered the theft of 112 BNB while participating in the Binance TGE event.Security expert Slow Mist's Yu Xian @evilcos conducted a preliminary analysis of on-chain data and found that the hacker address (0x8AeB0171742AC50d20884997F9f5009a233216D5) has caused financial losses for at least 7 users. The attack pattern indicates that the hacker may have conducted a planned attack by obtaining the mnemonic phrase or private key, with victims typically having their assets transferred shortly after depositing large amounts of funds. The security team has begun to mark and blacklist the relevant hacker addresses and is continuously monitoring the situation.

ChainCatcher news, imToken released a security statement clarifying concerns about "non-custodial wallet private key randomness" raised by recent U.S. law enforcement news. The official statement indicates that users of both the imToken software wallet and the imKey hardware wallet are not affected.The statement points out that the imToken software wallet generates private keys locally using secure random number sources from iOS and Android systems, and the core codebase TokenCore has been open-sourced and auditable since 2018; private keys are never transmitted over the network. The imKey hardware wallet uses a true random number generator (TRNG) within a secure chip to generate mnemonic phrases and private keys. imToken emphasizes that both products are non-custodial wallets, do not store user private keys or mnemonic phrases, and reminds users to properly back up their mnemonic phrases.

ChainCatcher news, according to official sources, the TokenFunction module of the imToken wallet has completed comprehensive integration with the leading TRON ecosystem protocols JUST and SUN.io. This deep integration with imToken will provide global users with a more convenient entry point into the TRON DeFi ecosystem, allowing more users to experience the TRON DeFi ecosystem. Users can now complete token staking, swapping, and yield operations in a one-stop manner through imToken, providing a more seamless experience in the TRON ecosystem.It is reported that SUN.io, as one of the most liquid decentralized finance platforms on the TRON chain, and JUST, as the leading DeFi protocol on the TRON chain, will further enhance the liquidity and user activity of the TRON DeFi ecosystem through their collaboration with imToken, further consolidating TRON's leading position in the cross-chain DeFi field.

According to reports from the Legal Network, the People's Court of Yuanjiang City, Hunan Province, recently heard a dispute case arising from the buying and selling of virtual currency.In this case, Zhou approached his friend Dai, hoping to get help in purchasing the cryptocurrency BZZ for investment. Consequently, Dai, entrusted by Zhou, purchased BZZ virtual currency from Zheng and sent the virtual currency to Zhou's imtoken wallet. However, after some time, Zhou filed a lawsuit against Zheng in court, requesting the return of the funds he used to purchase BZZ virtual currency, amounting to 76,518 yuan, and payment for the use of funds.After hearing the case, the court held that civil subjects engaging in civil activities must not violate legal provisions and must not contravene public order and good morals. BZZ is a type of network virtual currency similar to Bitcoin, which does not have legal tender status and should not and cannot be circulated as currency in the market. Activities related to virtual currency fall under illegal financial activities, and citizens participating in virtual currency transactions must bear the investment risks themselves. The entrusted transactions, management, and related refund actions concerning BZZ among Zhou, Zheng, and Dai are currently not protected by law in our country, and the consequences of such actions should be borne by them. Zhou's request for Zheng to return the funds used to purchase BZZ virtual currency, amounting to 76,518 yuan, and to pay for the use of funds lacks factual and legal basis, and thus the court ultimately ruled to dismiss Zhou's lawsuit.

ChainCatcher message, the digital asset wallet imToken officially issued a security reminder. Recently, scammers have impersonated imToken official personnel, contacting users through SMS and other means, falsely claiming that "imToken will soon shut down services," inducing users to visit fake websites and enter their mnemonic phrases, resulting in asset loss. The imToken official reminds users that imToken will not proactively contact users via SMS or phone calls. Please be vigilant against SMS scams, properly safeguard your mnemonic phrases or private keys, and do not disclose them.

ChainCatcher news, ICC Camp has reached a strategic cooperation with imToken. imToken will provide ecological support for ICC Camp, and by integrating the resource advantages of both parties, they will jointly build a strong global Web3 gaming ecosystem to help outstanding startup teams thrive in the future Web3 gaming field.ICC Camp has officially opened enrollment for participants. We welcome entrepreneurs focused on Web3 games to actively apply, and we also invite institutions, media, and communities interested in the Web3 gaming ecosystem to join the first phase of the startup camp program to share in the prosperous development of the Web3 gaming ecosystem.

ChainCatcher news, the latest version of imToken (2.14.0) supports connecting to the Keystone hardware wallet. After connecting imToken, Keystone users can conveniently manage all EVM-compatible chains, including Ethereum, Polygon, Arbitrum, and Optimism. As an open-source hardware wallet, Keystone stores users' private keys on a dedicated security chip within the device, keeping the private keys offline and never exposed to the internet, thus avoiding the possibility of hackers stealing the private keys. imToken, as a Web3 wallet trusted by millions of users, provides a one-stop service for digital asset purchasing, management, staking, and trading. Users initiate transactions using the imToken wallet and sign transactions through Keystone, with the entire process transmitting data via QR codes to maintain offline security. The combination of imToken and Keystone's hot and cold wallets helps users easily and securely explore the on-chain world.

ChainCatcher news, Bitrace tweeted that Slow Mist and the Bitrace team discovered fake imToken and fake BitpieWallet wallet applications in the Apple App Store in China. There are already victims who have incurred financial losses. Bitrace stated that a suspected cryptocurrency theft gang is taking advantage of the lax review process of the Apple App Store, using keyword ranking purchases to drive traffic to the download links of the fake wallets. Investors are urged to be aware of such risks.

ChainCatcher news, Hong Kong's first licensed retail virtual asset exchange HashKey Exchange has reached a strategic cooperation with the decentralized wallet imToken.imToken will serve as the official partner wallet of HashKey Exchange, meeting investors' needs for trustless self-managed assets. HashKey Exchange will provide imToken users with compliant and convenient fiat deposit and withdrawal services, as well as virtual asset trading.This cooperation aims to fully integrate the advantages of Web2 and Web3, offering comprehensive, convenient, and secure solutions, allowing users more choices to enjoy a safe and convenient experience, and jointly promoting a "Trusted and Trustless" Web3 ecosystem in a secure asset management environment.

ChainCatcher message, according to the "2023 Cryptocurrency Wallet Report" published by imToken, a survey of cryptocurrency users shows that 38% of respondents believe wallets are less secure than exchanges, 65% of respondents are aware of the concept of smart contract wallets, 51% of respondents are willing to choose a new wallet for the reason of "supporting multi-factor authentication to enhance security," and 76% of respondents think third-party custody solutions are more convenient than wallets.The report points out that in 2023, new solutions will continue to focus on how to handle keys, using different technical solutions to help users add, delete, restrict, or change the keys of their accounts, or provide custom logic for the accounts themselves to address current pain points. The main technical routes include: Multi-Party Computation (MPC), Abstract Accounts (AA), and underlying account innovations. (Source link)