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Blockaid CEO Ido Ben-Natan told Cointelegraph that the product allows developers to integrate the solution through an API, avoiding the need to develop security measures from scratch.
1inch, a leading decentralized exchange aggregator, has recently launched on the Solana blockchain, marking a significant milestone for the platform. With this expansion, users can now access 1inch’s innovative services on Solana, bringing fast and low-cost transactions to the growing Solana ecosystem. This integration opens up a whole new world of possibilities for Solana users, [...]
The post 1inchs Exciting Launch on Solana Offers Crosschain Swaps in the Pipeline appeared first on Crypto Breaking News.
Bitcoin has seen some good gains in the last day which eventually saw the digital asset climb over $29,000 for the first time in nine months, albeit briefly. But despite the price gains that the digital asset has seen in this time, it is still not the best performer in the crypto market as some [...]
The post Here Are The Altcoins That Are Outperforming Bitcoin appeared first on Crypto Breaking News.
Decentralized exchange aggregator 1inch has successfully recovered most of the $5 million stolen in a recent exploit following negotiations with the hacker.
The post 1inch Recovers Majority of Stolen $5 Million After Negotiations appeared first on Kanalcoin.
Decentralized exchange aggregator 1inch faced a major security breach last week when its smart contracts were exploited. However, after discussions with the attacker, the platform managed to reclaim most of the stolen $5 million through a bug bounty agreement, confirming the successful recovery. On March 5, 1inch found a flaw in the exchange’s resolvers, which handled […]
1inch, a decentralized finance (DeFi) protocol, has deployed its aggregation and limit order protocols on Ethereum's zkSync Era. The move is aimed at leveraging faster and cheaper transactions on the layer-2 scaling solution. (Read More)
The 1inch price prediction shows that 1INCH is facing the upside as the coin moves to break above the upper boundary of the channel. 1inch [...]
1inch (1INCH) is the native token for the 1inch cryptocurrency exchange. Its purpose is to be used as a utility token to allow community governance settings on exchange and blockchain. What is 1inch? 1inch is a decentralized exchange (DEX) aggregator that enables users to access multiple DEXs through bridges to... Read More
1inch Network, a DEX aggregating platform, has allocated 10 million INCH tokens to its Delegation Incentive Program, a press release on January 24 shows. The goal is to incentivize more 1INCH stakers to delegate their Unicorn Power to resolvers. Incentivize 1inch Stakers’ Delegation To Resolvers 1inch Network wants to increase the number of resolvers within its platform. Accordingly, it launched the 1inch Resolver Incentive Program in December 2022. The program’s goal was to compensate resolvers for the cost of gas they pay when they fill in user orders. As part of this arrangement, the aggregator encourages its users to stake 1INCH, their native governance token. Any user who stakes the governance token receives Unicorn Power in place of delegation rewards. Related Reading: MEV Crypto Bot Gains $1M But Loses Same To Hack Same Day Unicorn Power can either be delegated to resolvers or be used when voting on crucial network decisions. The aggregator has stated that the number of Unicorn Power received directly depends on the lockup period. Stakers who lock their assets for longer will receive more Unicorn Power. Following this announcement, 1inch Network will now distribute 250,000 1INCH to resolvers weekly. The program will run until all 10 million 1INCH are distributed. Funds from the foundation will, in turn, be used to reward 1INCH stakers who choose to delegate their Unicorn Power. However, the 1inch Foundation has stated that the number of 1INCH received will vary between resolvers depending on their network share. Program Follows Launch Of Fusion In late December 2022, 1inch Network launched the Fusion Mode. With Fusion, users can swap transactions without paying network fees. Depending on the underlying platform, network fees can vary from near-zero, cents, to double digits, in USD terms, in some blockchains, mainly Ethereum. Gas fees tend to spike when the Ethereum network is congested. Subsequently, this can increase the cost of swapping transactions in top decentralized exchanges like Uniswap, a platform whose price feeds are aggregated by the 1inch Network. Related Reading: 1Inch Exchange Co-Founder Disputes Claims bZx Attackers Stole $8m in DeFi Exploit In Fusion Mode, resolvers play a critical role in enabling users to swap without paying transaction fees. In this setup, resolvers fill pending orders. These resolvers are professional market makers who will pay underlying gas fees on behalf of the user. As a result of their participation, they profit from arbitrage trading. The launch of Fusion was described as a huge step forward for the entire DeFi space by Sergej Kunz, the co-founder of 1Inch Network. He added that swapping on the platform using Fusion will be much more cost-efficient and safer. “This is a huge step forward for the entire DeFi space. Fusion makes swaps on 1inch dramatically more cost-efficient, as users won’t have to pay network fees, plus, an extra layer of security is added, protecting users from sandwich attacks.” 1INCH is trading at $0.514 as of writing on January 25. Feature image from Canva, Chart from TradingView
One of the most well-known DEX aggregators, 1inch Network, has now released its own multi-coin hardware wallet, further diversifying its
Just as the general crypto market stages a recovery after a long bear market, the 1inch Network (1INCH/USD) has unveiled its hardware wallet joining the other hardware crypto wallet providers of Ledger. The 1inch Hardware Wallet offers a cutting-edge solution for cold storage as crypto hacks become rampant. It goes without saying that when it comes ... Read more
<p>The post 1inch Network unveils its hardware wallet | Invezz first appeared on CCNC.</p>
The upgrade will also bring major improvement to the security and tokenomics of the protocol.
Continue reading 1inch Introduces Gasless Swaps and MEV Protection at DailyCoin.com.
Users will be able to choose between three options with the Fusion mode.
In 2022 so far, sandwich attacks have led to estimated losses of at least $800 million.
The 1Inch price prediction shows that 1INCH is facing the upside as the coin moves to break above the upper boundary of the channel. 1Inch [...]
The 1inch decentralized exchange aggregator protocol has entered into a new partnership that could see it offering services to rival the Ethereum Name Service (ENS).
The price of One-inch (1INCH) has shown some great strength in recent times against tether (USDT) as the price gears up for a rally to the $1.3 mark. Bitcoin’s (BTC) price has shown a little strength bouncing off from key support, leading to most crypto assets popping out from their shell, with the price of One-inch (1INCH), not an exception. (Data from Binance) Related Reading: Crypto Market Remains Extremely Fearful As Bitcoin Struggles At $20,000 One-inch (1INCH) Price Analysis On The Weekly Chart The price of 1INCH has recently shown a measure of strength, bouncing off from a low of $0.5 to a region of $0.75. The price of 1INCH has had quite an adventure, dropping from an all-time high of $7.8 to a low of $0.5 on the weekly chart. The price of 1INCH formed weekly support at the low region; the price of 1INCH has continued to build strength with more buy orders being set for this crypto asset. 1INCH price is faced with a resistance at $0.83 to break above and trend to the $1.3 mark; if the structure of 1INCH is maintained, this will be achievable. The price of 1INCH is trading above its weekly support at $0.5, with eyes set for more highs. Weekly resistance for the price of 1INCH – $0.83. Weekly support for the price of 1INCH – $0.55. Price Analysis Of 1INCH On The Daily (1D) Chart After falling to a daily low of $0.5, the price of 1INCH on the daily bounced off this region as it has formed good support, as price rallied to a region of $0.7 where the price is faced with resistance to breaking higher to a region of $1. The price of 1INCH needs to maintain its bullish structure with more buy orders for the price to break above the current resistance at $0.7. 1INCH trades at $0.7 below the 50 and 200 Exponential Moving Average (EMA). The prices at $0.7 and $1.1, corresponding to 50 and 200 EMA, will continue to keep the price of 1INCH from going higher. Daily (1D) resistance for the 1INCH price – $0.7-$1. Daily (1D) support for the 1INCH price – $0.55. Price Analysis Of 1INCH On The One Four-Hourly (4H) Chart The price of 1INCH in the 4H timeframe has continued to look bullish after breaking out of the symmetrical triangle; with the price rallying to a high of $0.7, it faced resistance, and the price was rejected. If the price of 1INCH holds above the 50 EMA acting as support for the price, holding above this support area will be key to continuing its bullish sentiment. 1INCH price needs to flip the resistance at $0.72, which corresponds to the 200 EMA, to have a better chance of trading close to the $1 mark. If the price of 1INCH fails to hold its support at $0.68, we could see the price of 1INCH revisiting its key support. The Relative Strength Index (RSI) for 1INCH on the 4H chart is above 50, indicating buy order volume for the 1INCH price. Four-Hourly (1H) resistance for the 1INCH price – $0.7. Four-Hourly (1H) support for the 1INCH price – $0.68. Related Reading: Lido DAO Continues With Strong Bullish Bias, How High Can Price Go? Featured Image From zipmex, Charts From TradingView.com
The Seychelles-based crypto exchange KuCoin has announced a partnership with 1inch DeFi data aggregator to bring native token swap functionality to its in-house wallet. (Read More)
KuCoin, one of the leading cryptocurrency exchanges in the world, has announced integration of DEX aggregator 1inch Network to allow for native swaps that will benefit the exchange’s users across the globe.
The 1inch partnership and enabling of native swaps will bring low price and fast transfers to decentralised finance (DeFi), benefitting users across all decentralised exchange platforms, KuCoin noted in a press release shared with Invezz.
To achieve these benefits, the wallet will tap into the DEX aggregator’s Pathfinder algorithm and API to enable cross-chain swaps and give customers faster, cost-effective transfers.
Jeff Haul, Head of KuCoin Wallet said in a statement:
We are always striving to make our product cater to the needs of all investors. Swap is a high-frequency feature of the wallet and 1inch is one of the most popular DEXs in the Web3 industry, so we work together through native integration to provide a smooth and cost-effective trading experience for our users.”
As noted in the press release, KuCoin’s status as a gateway to Web3 will also benefit from this partnership, with the platform opened up to further growth within the broader blockchain ecosystem. Particularly, the exchange expects the 1inch integration will help it expand its presence in the DeFi space, the target being to boost the growth and adoption of Web3 applications among users.
About KuCoin WalletThe KuCoin Wallet, powered by the KuCoin ecosystem, is a secure self-custody crypto wallet with multi-chain aggregation support. It is the official KuCoin wallet, serving over 10 million users. The KuCoin exchange launched in 2017 and offers access to over 700 cryptocurrencies to customers across 207 countries.
The platform offers multiple crypto services and features, including spot trading, staking, futures trading and lending.
The post KuCoin Wallet integrates 1inch for native swap functionality appeared first on Invezz.
1inch Network expands to another cryptocurrency exchange as KuCoin Wallet integrates its automated market maker functionality to improve token swaps.
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