1inch's investment fund is offloading portions of its crypto holdings despite a recent market rebound, signaling a strategic effort to cut losses and hedge against further potential downside.
1inch integrates with Linea, leveraging zk-rollups to reduce Ethereum gas fees and optimize trade execution. This Layer-2 expansion enhances liquidity access and supports various swap modes for traders seeking lower-cost and high-speed transactions. The post DEX Aggregator 1inch Expands to Linea, Using Zk-Rollups for Trading appeared first on Cryptonews.
TL;DR The integration of 1inch with Linea enhances user experience by offering swaps with fees up to 16.6 times lower and execution speeds up to 6 times faster than Ethereum. Linea, developed by ConsenSys, utilizes zero-knowledge rollup (zk-rollups) technology to maintain security and scalability without compromising decentralization.
1inch has teamed up with Linea in a mutually beneficial partnership, with 1inch users gaining access to more liquidity and Linea benefiting from better swap rates on DEXes, among other things.
The crypto world just got another painful reminder: keeping your assets in the wrong place can be an expensive mistake. This time, 1inch, a popular decentralized exchange aggregator, has fallen victim to a $5M hack.
Decentralized exchange (DEX) aggregator 1inch experienced a critical breach of its smart contracts last week. However, following negotiations with the hacker, the exchange successfully recovered most of the $5 million stolen.
Could DeFi survive under outdated financial regulations? Experts suggest that forcing decentralized platforms into compliance models designed for banks would have been disastrous, proving why policymakers must rethink their approach.
Several market makers on 1Inch were affected by a legacy smart contract version, losing up to $5M in UDSC and WETH.
TL;DR An attack exploited a vulnerability in 1inch's smart contract, resulting in losses of over $5 million. The exploit primarily affected old contracts based on the Fusion v1 framework, while regular users did not suffer losses. 1inch has launched a bug bounty program to incentivize vulnerability research, offering rewards ranging from $100 to $500,000.
A security flaw in a smart contract allowed an attacker to steal $5 million from decentralized exchange (DEX) aggregator 1inch 1INCH.
1inch confirmed that some resolvers using outdated Fusion v1 contracts lost funds in the $5 million exploit, assuring that end-user assets remained safe.
Blockchain security firm SlowMist has reported that DeFi aggregator 1inch suffered an exploit in its resolver smart contract, resulting in losses exceeding $5 million. On March 7, SlowMist founder Yu Xian revealed that attackers drained approximately 2.4 million USDC and 1,276 Wrapped Ethereum (WETH) from the affected smart contract.
Its growth positions the protocol to potentially overtake 1inch as the leading DEX aggregator.
1inch, the decentralised exchange (DEX) aggregator, announced on Thursday its integration with zkSync, the Ethereum layer-2 scaling solution that uses zk-roll ups. In a bid to more faster and secure cross-chain transactions, 1inch will enable its users to make frequent or smaller trades with much lower gas fees using zkSync's Ethereum Layer-1 security.
1inch has woven ZKsync into its cross-chain swap architecture, empowering users to exchange assets across networks with accelerated processing and minimized fees. ZKsync Joins 1inch's Cross-Chain Ecosystem This upgrade aims to amplify 1inch's technical prowess, permitting asset transfers between blockchains via ZKsync's layer two (L2) framework.
1inch Network expands its cross-chain capabilities by integrating ZKsync's layer-2 scaling solution, promising reduced fees and enhanced transaction speeds for users.
1inch Network has added ZKsync support to its cross-chain swaps, providing traders with lower transaction fees and near-instant execution. With Fusion+ technology enabling gas-free transactions, the integration enhances DeFi accessibility while leveraging ZKsync's security and scalability. The post 1inch Network Updates Cross-Chain Swaps to Feature ZKsync appeared first on Cryptonews.
TL;DR 1inch Network integrates ZKsync, an Ethereum scaling solution, to offer faster and cheaper cross-chain swaps. 1inch's Fusion+ technology enables fee payments through “relayers” who stake 1INCH tokens, benefiting users with lower costs. ZKsync, based on zero-knowledge technology, speeds up transactions while maintaining Ethereum's security.
ZKsync pushes the DeFi sector towards a more efficient and secure future
The integration aims to provide faster and cheaper transactions for users.
In the crypto market bloodbath, Bitcoin and Ethereum are down at key levels with rising bearish risk. With strong hands and smart traders buying the dip, will the market take a quick turn?
Story Highlights The live price of 1 Inch network crypto is . 1inch Network price might surge as high as $0.428 in 2025. 1INCH price with a potential surge, could hit $2.31 by 2030. The 1INCH crypto is the centralization and utility token of 1Inch Exchange, a Decentralized exchange aggregator.
1inch, a decentralized finance (defi) platform, has officially rolled out Fusion+, a cross-chain swapping tool designed to enhance the security and simplicity of decentralized transactions. Fusion+ by 1inch Aims to Improve Security and Usability in Defi Swaps As shared with Bitcoin.
DeFi platform 1inch has launched Fusion+, an upgrade aimed at simplifying cross-chain cryptocurrency swaps. The post 1inch Launches Fusion+ to Simplify Cross-Chain Crypto Swaps appeared first on Cryptonews.
1INCH bounces back from major support, warranting a look at the network's level of utility which may not necessarily inspire much confidence.
For some 1inch users, this scary scene became real on October 30th, 2024, between 9:12 PM and 11:22 PM CET. During this short time, users who connected their wallets to the 1inch dApp could have received a dangerous request.
TL;DR 1inch has fallen victim to a significant supply chain attack, compromising its website and posing severe risks to users' funds and personal data. The breach occurred via a compromise of Lottie Player's content server, where hackers injected unauthorized scripts into websites using Lottie Player versions 2.0.5 and above.
1inch, a decentralized exchange aggregator, was compromised after attackers injected malicious code into an animation library update, prompting users to connect their wallets to a crypto drainer. On Oct.
1inch and multiple platforms that utilize the Lottie Player frontend library were been hit by a supply chain breach on 30 October. The perpetrator injected malicious code into the Lottie Player – a popular animation library adopted by various decentralized applications (dApps) and non-cryptocurrency websites.
Decentralized exchange aggregator 1inch's website has been breached along with multiple other platforms that use the same frontend library, Lottie Player.
Welcome to an interesting new blockchain cooperation unlike anything else expected. Leading distributed exchange aggregator 1inch has teamed with Bruce Lee's family to start its effort to sell and popularize Bitcoin and crypto acceptance under its “Take crypto SeriousLee” tagline.
To drive crypto adoption, 1inch has unveiled an unlikely partnership with the Bruce Lee Family Company.
Crypto exchange 1inch, which says its name was inspired by Bruce Lee's iconic “one-inch punch,” has teamed with the late martial artist's family.
DeFi platform 1inch and the family of Bruce Lee have teamed up in a new initiative aimed at changing the public's perception of cryptos.
TL;DR 1inch partners with the Bruce Lee Foundation to promote DeFi adoption and financial autonomy through the “Take Crypto SeriousLee” campaign. The campaign draws parallels between Bruce Lee's philosophy and DeFi, aiming to make decentralized finance more accessible and appealing.
1Inch has officially partnered with the Bruce Lee Family Company in its bid to take DeFi and crypto mainstream
1inch Network has announced a long-term partnership with the Bruce Lee Family Company, aimed at fostering the adoption of decentralized finance and Web3 under the slogan “Take crypto seriousLee.” This collaboration celebrates the legacy of Bruce Lee, whose iconic “one-inch punch” inspired the name of the 1inch platform.
The DeFi app 1inch, perhaps most famous primarily as a crypto wallet, announced today a partnership with the Bruce Lee Foundation.
1inch has teamed up with the Bruce Lee Family Company for the “Take crypto seriousLee” campaign, merging DeFi and Lee's legacy to shift public perception of cryptocurrencies.
The recent launch of Fusion+ by the 1inch Network has ignited bullish momentum for the 1INCH token price, signaling a potential recovery from its recent dips. As the market reacts positively to this innovative cross-chain swap technology, all eyes are now fixed on the price of 1INCH, with heightened expectations for a breakout.
1inch Network, a leading DEX aggregator for most EVM-based Layer 1 chains and Layer 2 rollups, has introduced Fusion+, a new solution that simplifies cross-chain token swaps.
1inch has updated its cross-chain swapping system by launching Fusion+, offering a seamless, gasless, and self-custodial experience for its users.
Decentralized exchange 1inch has introduced a new upgrade that allows users to swap their crypto assets without giving up custody. According to a Sept.
Story Highlights The live price of 1 Inch network crypto is . 1inch Network price might surge as high as $0.428 in 2024. 1INCH price with a potential surge, could hit $2.31 by 2030. The 1INCH crypto is the centralization and utility token of 1Inch Exchange, a Decentralized exchange aggregator.
1inch claims that the feature has built-in security against maximal extractable value (MEV) attacks.
The white paper comes shortly after Polygon Labs and Ethereum co-founder Vitalik Buterin revealed new cross-chain interoperability solutions.
Following a recent slumping market, the crypto prices today have ignited investor curiosity globally. Bitcoin (BTC) price prevented further downside momentum and retained a hold at the $57K price level today.