imToken issues security statement: wallet private key randomness is secure, no users affected
ChainCatcher news, imToken has issued a security statement to clarify concerns about the "non-custodial wallet private key randomness" triggered by recent US law enforcement news. The official statement indicates that both imToken software wallet and imKey hardware wallet users 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. Its core codebase, TokenCore, has been open-sourced and available for audit since 2018, and private keys are never transmitted over the network. The imKey hardware wallet uses a True Random Number Generator (TRNG) within its secure chip to generate mnemonic phrases and private keys. imToken emphasizes that both products are non-custodial wallets, do not store users' private keys or mnemonic phrases, and reminds users to properly back up their mnemonic phrases.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
The White House did not intervene in the decision-making of Nvidia's board of directors.

BoE’s Greene says it is appropriate to proactively tighten our monetary policy stance

CoreWeave plans to issue at least $4 billion in investment-grade loans, falling nearly 6% after hours
According to Bloomberg, CoreWeave is seeking to refinance at least 4 billion USD through an investment-grade loan, led by Morgan Stanley and Mitsubishi UFJ, with a syndication roadshow expected to start as soon as next week. This financing continues the structure of using Nvidia chips and customer contracts as collateral, with the yield on the issuance anticipated to be around 7% to 7.5%, much lower than its junk bond yield. Following the news, CoreWeave's shares fell nearly 5.8% after hours.

