imToken Updates and News for March 2021
Crypto Asia in Review
As imToken is based here in Asia, let us present what happened around us over the last weeks:
Inner Mongolia (the China’s autonomous region ) may ban cryptocurrency mining, and proposed to shut all current projects by April 2021. It aims to lower energy consumption in 2021, which leads Bitcoin to increase 6%. (More on Bloomberg)
Dan Bin, chairman of Shenzhen Oriental Harbour Investment Management Co., Ltd., said on his Weibo that he had bought Bitcoin ETF citing Tesla’s BTC purchase and big governments seemingly easier stance towards the currency as motivations. (WuBlockchain reports)
“Who has more long-term investment value, bitcoin or gold?” was on Weibo top searches. Having always been at the center of Bitcoin’s debate in the English-speaking world, the topic became hotly debated on Weibo, Chinese biggest micro blog. (More on 8BTC)
4.5 million people signed up for digital RMB red gift envelopes in Chengdu, a city of 16 million. As with similar events we talked about before in this newsletter, recipients can use the red envelopes to pay for goods via app. According to official numbers, about 200,000 digital RMB red envelopes with a total value of 40 million yuan will be distributed. (More on 8BTC)
Huobi has been granted the Hong Kong cryptocurrency fund license and will launch Bitcoin, Ethereum, and multi-strategy funds on March 3. It helps Huobi to further expand their business. (More on Coindesk)
Updates about imToken
We released the tutorial for how to stake ETH on imToken. It is easy to use it on imToken, try it. (More below)
For letting users know the newest information about our DApp channel, we are updating the “New Dapps on imToken” regularly. We love to hear your voice about Dapps in imToken. Please don’t hesitate to leave your comment! (More on our blog)
imToken 2.8.0 with the amazing, new Tokenlon 5.0 aggregator released. (More on our blog)
Our partner, dYdX launches their Starkeware zkrollup for cross-margined perpetuals. It’s on mainnet for invitees only, full public release planned for a few weeks. (More on dydx.exchange)
See you next time,
Your imToken team
