imToken Updates and News for April 2021
Crypto Asia in Review
As imToken is based here in Asia, let us present what happened around us over the last weeks:
Here we go again. Meitu bought another $10 million of bitcoin, which should have already made profits of more than 200% its annual net profit in 2020 with its earlier investment. (More.) See more Bitcoin hodling companies: bitcointreasuries.org .
The price gap between Korean and western exchanges, called Kimchi premium, climbed to a three-year high of 22%, caused by high demand for crypto from Korean investors. A pullback to 16% followed when someone found ways to arbitrage the difference in price and the Korean exchange Upbit announced withdrawal suspension. (More)
Traditional auction houses are FOMO-ing into NFTs. Yongle, one of China’s most established auction houses, plans a special session on NFTs during its famous, annual Spring Auction, following in the steps of Christie’s and Sotheby’s. (More)
Chinese lottery company 500.com Limited announced its acquisition of a major mining pool with links to Jihan Wu’s Bitfawn. Shares climbed 38.9% that day. (More)
Six major state-owned banks have started to promote digital RMB wallets and open a whitelist of applications. Customers can apply for a whitelist and participate in the test by setting up a bank sub-wallet in the central bank’s digital RMB APP. (More)
Updates about imToken
We just announced that imToken has closed a Series B, securing $30M in funding. Read more on our blog:
The latest imToken comes with 2 major updates:
1) You can now access Layer 2 (Optimism, Arbitrum, Polygon), BSC, Heco, xDai, TomoChain, ThunderCore, Fuse and many more custom networks:
2) You can now use zkSync for faster, cheaper transfers. We are the first major wallet to support zkSync natively:
We also added support for the CoinGecko API integration and new imKey.
Learn more about zkSync in our AMA with Matter Labs (zkSync) co-founder Alex Gluchowski here:
And as if there weren’t enough good news already: We added 100 new DApps to imToken recently, here are some of them:
See you next time,
Your imToken team
