The crypto markets are consolidating after a small rise as the bulls face fatigue following a minor surge. Bitcoin price surged above $88,000 but has settled above $87,000 despite the rising bearish activity. On the other hand, Ethereum sustains above $2000, while memecoins display some strength as DOGE, PEPE, and FLOKI maintain a strong upswing.
In a thread on X this morning, Synthetix founder Kain Warwick offered a stark look into the inner workings of crypto market makers (MMs) and their evolution over the years.
Conflux says its security team has successfully patched the CREATE2 Opcode vulnerability with version 2.5 network upgrade.
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.
Conflux (CFX)Portal wallet will be removed from the Chrome plugin market due to security risks. Users are advised to switch to the Fluent wallet for enhanced safety and support.
Conflux (CFX) has issued a security alert warning users about phishing attempts by hackers impersonating official accounts. Users are advised to avoid suspicious links and remain vigilant.
Conflux (CFX) has announced the successful completion of its v2.5.0 network hardfork upgrade, ensuring enhanced stability and performance across its blockchain network.
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.
Another day, another hack. This time, decentralized exchange aggregator 1inch has fallen victim to a major hack, resulting in a loss of over $5 million. On chain experts suggest that a hacker found a vulnerability in one of 1inch's smart contracts, leading to the massive theft.
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.
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Its growth positions the protocol to potentially overtake 1inch as the leading DEX aggregator.
Conflux (CFX) reveals its v2.5.0-testnet hardfork, urging node operators to upgrade before March 3 to avoid protocol incompatibility. The upgrade includes a crucial security fix.
Synthetix (SNX) is a decentralized finance (DeFi) protocol built on the Ethereum blockchain, allowing users to create and trade synthetic assets. These assets mirror the value of real-world assets such as commodities, currencies, and stocks.
Conflux (CFX) Network has announced changes to key parameters following the conclusion of its 14th voting round. Key adjustments include increases in PoW block rewards and interest rates.
Conflux (CFX) Network outlines its parameter voting mechanism, detailing how users can influence network parameters through staking and voting on the blockchain.
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?
Conflux (CFX) has launched a Bug Bounty Program, encouraging community members to report issues and suggest improvements, with rewards ranging from 10 to 500 CFX.
Synthetix has announced that it will transition its perpetual markets on the Arbitrum network to a close-only mode.
The move is part of a strategic pivot by Synthetix to consolidate its operations and focus on Coinbase's Base network.
As 2024 draws to a close, the cryptocurrency market remains a landscape of sharp volatility, presenting both challenges and opportunities for traders and investors.
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.
The DeFi protocol also launched an in-house perpetuals trading app.
Synthetix exchange relaunches with multi-collateral perpetuals on the Base network. The reboot of Synthetix comes with a new website, relaunch of its exchange, and upcoming launch of Synthetix Leveraged Tokens.
The product is part of Synthetix's ongoing effort to revamp after a governance overhaul in October.
TL;DR Synthetix acquires TLX as part of its strategy to expand its product offerings and strengthen its DeFi ecosystem. Leveraged products in development: the protocol plans to relaunch TLX on the Base network after auditing and optimizing its infrastructure.
Decentralized finance (DeFi) protocol Synthetix has acquired the leveraged token platform TLX in a token-for-token deal. The post Synthetix Acquires TLX in Token-for-Token Deal appeared first on Cryptonews.
Synthetix said it plans to re-launch all TLX products on Base network after adding parameter improvements.
Blockchain projects thrive on innovation. The more developers push boundaries, the brighter a project's future becomes. This December, Santiment ranked the top ERC-20 tokens by development activity. From DeFi giants to Web3 pioneers, these tokens reflect where the blockchain world is headed. Let's take a closer look at who's making the most noise.
Conflux (CFX) announces v2.4.1 upgrade, addressing RPC improvements, storage optimizations, and bug fixes, enhancing node stability and performance.
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.