We were fascinated by the Halloween atmosphere, and imToken x Uptober brought us a lot of excitement and fun. Bitcoin broke the calm period and reached a remarkable yearly high. After a successful event in Singapore, the imToken team went to Malaysia to attend the ETH KL conference and hosted an unforgettable imToken Connect night. If you missed these, we have captured the highlights for you.
But that's not all! This month imToken has brought you some exciting product updates - from new staking features to Scroll mainnet integration. Let's recap some of those special moments we shared.
Note: Uptober is a term used in the Cryptocurrency community to refer to the historical trend of Bitcoin prices rising in October.
🎉 imToken Highlights
imToken 2.13.5 version released, signature features upgraded again
To provide the safest and most user-friendly wallet experience for digital asset management service, imToken has launched the 2.13.5 version with the following updates:
- Extended "You Sign What You See" and Risk Control Features to 11 More Chains
- Get Tokens with Cross-Chain Bridge Transfers
- Batch Operations of ETH Validators
- WalletConnect 2.0 Optimization for Smoother Desktop Experience
Supported Scroll, the Native zkEVM Layer 2 Solution
Learn more details here.
imToken x ETH KL
At the ETH KL event held at Malaysia Kuala Lumpur from October 14th to 15th, imToken Product Manager Yuan and Randy served as speakers, delivering in-depth insights into two key topics. Yuan detailed the basic concepts of ETH staking and shared how to achieve considerable returns through this strategy. Randy focused on sharing interesting trading strategies and advised on how individual investors can earn higher returns.
Scroll Experience Rewards
Participants can make a cross-chain or swap transaction through the Scroll network in the imToken wallet, and send a successful screenshot to the designated Discord channel to receive experience points. The activity aims to let community users better understand this emerging Layer2 network and its rich ecology.
🔥 Hot Picks
- Progress in SBF's alleged fraud case
Sam Bankman-Fried (founder of FTX Exchange) showed confidence and control under the guidance of lawyers, trying to prove that he did not intend to defraud clients. However, when questioned harshly by Assistant US Attorney Danielle Sassoon, his answers became confused and evasive, leading the situation in a direction unfavorable to SBF.
- Uniswap charges a Swap fee of 0.15% for certain tokens traded through the official front-end
The interface fee is separate from the Uniswap protocol fee and will allow the team to continue researching, developing, building, shipping, improving and scaling Cryptocurrency and DeFi.
- Stimulated by ETF, halving and other related news, BTC has risen by 100% this year.
Bitcoin has surpassed $34,000 and is up 100% so far this year. After a difficult downturn in 2022, some analysts believe that the increasing demand for Bitcoin as a safe asset is one of the reasons for its rise, which is related to government spending, instability in stock and bond markets, and the restricted supply of Bitcoin.
- Goldman Sachs believes that Ethereum's Dencun upgrade is a step towards a scalable settlement layer
This upgrade will increase the data availability of Layer2 Rollups through proto-danksharding technology, optimize gas fees, and reduce Layer2 transaction costs.
- Bitcoin Price Reaches Record High in Nigeria, Turkey and Argentina
Bitcoin has recently reached new all-time highs relative to some of the world's inflationary fiat currencies. This is mainly due to the continued depreciation of these currencies, coupled with Bitcoin's recent 16% price surge.
- The Arbitrum Foundation announced that "Orbit" is a Layer 3 network and is ready to enter the mainnet
Developers can now use Arbitrum's Orbit to create their own Layer 3 blockchains, which will settle on Layer 2 chains such as Arbitrum One, Arbitrum Nova, Arbitrum Goerli, and Arbitrum Sepolia.
Polygon Introduces POL Token Contract on Ethereum, Plans to Replace MATIC
The release of POL marks a major change for Polygon, with its re-staking mechanism enabling POL holders to participate in multi-chain, transforming POL into a more efficient token.
📚 imToken Content Learning
- Security Challenges and Solutions for Permit Signatures
Discover the latest scams and how to protect your digital assets from threats.
- Ethereum Staking: Asset Storage Strategies Across Different Investment Cycles
Explore the in-depth strategy of Ethereum staking, ensure asset security and earn rich returns!
- Explore trading strategies for ordinary users | ETHKL
Learn more about DeFi trading strategies with Tokenlon Product Manager Randy.
- An article to understand the Binance Smart Chain Layer 2 network opBNB
Dive into opBNB, and how it provides high-performance Layer2 solutions for Binance Smart Chain.
- Learn about Layer2 Network Mantle
- Learn about Layer2 Network Scroll
Learn about the popular Layer2 networks Mantle and Scroll in the community recently.
💡 Partner Highlights Review
Ethereum KL 2023
As a participant in Malaysia ecosystem, Tokenlon is proud to be a sponsor of ETH KL 2023. At this event, Charles, the core developer of the Tokenlon team, shared the theme of "Intent-based Swap and its impact on the DEX market".
Tokenlon's 23rd trading mining has ended
Tokenlon completed the 23rd phase of LON transaction mining on October 2, 2023 ( UTC + 8), with a total transaction volume reaching 397 million USD and total revenue worth 768,100 USDT. Additionally, about 1.0813 million LON were repurchased, totaling 547,100 USDT, of which 432,500 LON has been transferred to the community treasury.
BTC breaks through $35,000, LON reaches $0.57
Bitcoin broke through $35,000 in this month's market trend and peaked at of $35,190. On the other hand, the Tokenlon network application token LON reached a maximum of $0.57.
🚀 Wonderful First Look
In the next version, we will optimize the cold wallet and ETH staking functions. Remember to follow us and timely update imToken to the latest version. We will keep rolling out engaging activities, so join the imToken Discord to participate and stay up to date in Web3 in upcoming events.
Follow imToken’s Official Channels
Keep up with all the newest announcements, progress updates, and future roadmap by following along right here.