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1INCH Price   

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1INCH

1inch  

#1INCH

1INCH Price:
$0.42
Volume:
$32.3 M
All Time High:
$8.77
Market Cap:
$0.5 B


Circulating Supply:
1,158,634,616
Exchanges:
67
Total Supply:
1,500,000,000
Markets:
96
Max Supply:
1,500,000,000
Pairs:
87



  1INCH PRICE


The price of #1INCH today is $0.42 USD.

The lowest 1INCH price for this period was $0, the highest was $0.423, and the exact current price of one 1INCH crypto coin is $0.42263.

The all-time high 1INCH coin price was $8.77.

Use our custom price calculator to see the hypothetical price of 1INCH with market cap of BTC or other crypto coins.


  1INCH OVERVIEW


The code for 1inch is also #1INCH.

1inch is 3.4 years old.


  1INCH MARKET CAP


The current market capitalization for 1inch is $489,676,163.

1inch is ranking downwards to #144 out of all coins, by market cap (and other factors).


  1INCH VOLUME


There is a large volume of trading today on #1INCH.

Today's 24-hour trading volume across all exchanges for 1inch is $32,347,853.


  1INCH SUPPLY


The circulating supply of 1INCH is 1,158,634,616 coins, which is 77% of the maximum coin supply.


  1INCH BLOCKCHAIN


1INCH is a token on the Ethereum blockchain, and has digital contracts with 6 other blockchains.

See list of the 1INCH Blockchain contracts with 7 different blockchains.


  1INCH EXCHANGES


1INCH is well integrated with many pairings with other cryptocurrencies and is listed on at least 67 crypto exchanges.

View #1INCH trading pairs and crypto exchanges that currently support #1INCH purchase.


  1INCH RESOURCES


Website1inch.io
Whitepaperdocs.1inch.io
Twitter1inch
Redditr/1inch
TelegramOneInchNetwork
DiscordFZADkCZ
Mediumblog.1inch.io
Instagram1inch


  1INCH DEVELOPER NEWS



What is Bitcoin?

Bitcoin, as the first decentralized cryptocurrency, introduced the world to blockchain technology, paving the way for the overall expansion of the crypto space. Key takeaways: — Bitcoin is the first cryptocurrency to meet success. It was created by an unknown person or group of people under the pseudonym Satoshi Nakamoto. — Bitcoin (BTC) is a cryptocurrency, and the Bitcoin network is the blockchain it runs on. It functions like a payment network. — Bitcoin operates using the Proof of Work consensus mechanism.Transactions are processed by miners — distributed nodes participating in the blockchain. They compete to validate the blocks using computing power and receive rewards for their service. — As a store of value, BTC has experienced multiple cycles of ups and downs. Bitcoin (abbreviation — BTC, sign — ₿) is the world’s first successfully implemented cryptocurrency. It is powered by a network of the same name, the Bitcoin network. As the first сryptocurrency to gain popularity, Bitcoin basically became a springboard for creating the crypto industry. — How was Bitcoin created?. — The concept of Bitcoin was first introduced in a white paper on October 31, 2008. Bitcoin was described as “an electronic payment system based on cryptographic proof instead of trust.” Its creation was labeled as written by someone under the pseudonym Satoshi Nakamoto. In fact, no one knows who the ...




The 1inch Network releases a portfolio tracker

This solution offers users convenient and efficient portfolio tracking features. Tired of using multiple apps to track your crypto assets in several wallets on multiple networks? We have a solution for you! The 1inch Network is excited to roll out the 1inch Portfolio, a game-changing solution in the DeFi space that enables users to obtain comprehensive information about their crypto portfolios! With the 1inch Portfolio, we’re taking a significant step towards simplifying and enhancing your interaction with the Web3 space. The 1inch Portfolio is not just another tool. It’s your personal assistant in the ever-evolving world of crypto, designed to empower you with the knowledge and control you need to navigate the DeFi landscape conveniently and confidently. Based on the 1inch Portfolio API, this portfolio tracker offers users a possibility to get portfolio data and detailed analytics on a single screen. Users no longer have to use multiple apps to collect data about their crypto assets held in various wallets and/or on multiple blockchain networks. The main advantages of the 1inch Portfolio: Multi-wallet. According to our data, the majority of crypto users have two to five wallets. The 1inch Portfolio enables users to add as many wallets as they like and get a full picture of their crypto holdings., Multi-chain. Our data also shows that most users have assets on two to four various networks. Thanks to the 1inch Portfolio, th...




1inch attends Devconnect in Istanbul

This week, the 1inch Network is taking part in the Devconnect week in Istanbul. The 1inch team has landed in Istanbul to participate in Devconnect, a week-long gathering of independent Ethereum events, including DeFi Boat, Nethermind Summit, unStable Summit, ETH Infra Day, Intent.wtf Meetup and the ETHGlobal hackathon. The city’s unique location at the crossroads of Asia and Europe makes for a charming and culturally rich backdrop for the events. On November 15, Kirill Kuznetsov, 1inch lead blockchain engineer, is giving a keynote address, The Future of DeFi / Token Plugins, at the Nethermind Summit. The same day, Samuel Yim, 1inch CBDO, is speaking about 1inch Fusion at DeFi Boat and unStable Summit, while Artem Vorobev is taking part in ETH Infra Day’s panel ETH Infrastructure: innovations, challenges and solutions. That eventful day will end with unStableParty, presented by 1inch.io and Bitget Wallet. Entry is free for unStable Summit ticket holders and free-by-application for everyone else. More details about that night of cocktails, techno music and networking in the heart of Istanbul’s first beer factory are available here. The next day, Samuel is making a keynote address on 1inch Fusion at the intent.wtf Meetup, while Kirill is participating in the panel discussion The Role of Intent-Driven Transactions in the Evolution of DeFi. On November 17, the ETHGlobal Istanbul hackathon’s first day, Kirill is doing the ...




The History API added to the 1inch Developer Portal

Now, developers can integrate an API that facilitates obtaining well-organized and detailed transaction data for blockchain addresses. The 1inch Labs is thrilled to announce that the History APIs has been added to the 1inch Developer Portal, expanding the range of innovative Web3 tools offered to developers. When it comes to getting a transaction history on an EVM-based blockchain, the task turns out to be far from trivial. For instance, internal transactions often don’t contain logs, as developers simply don’t bother with that. Only a handful of solutions for transaction history are currently available, and the 1inch History API offers an innovative approach based on transaction traces, extracted with the help of the 1inch Traces API. As a result, the 1inch History API can deliver a very accurate and detailed, as well as well-organized and displayed transaction history for any address on multiple blockchains. The main advantages of the 1inch History API are: human-friendly interface, Transaction data is well organized and displayed in a humanly readable format. scam protection, All transactions are thoroughly screened to filter scam transactions. internal transaction support, The API offers support for data from internal transactions, based on the 1inch Traces API. fast response, A response time is below 200ms, which is one of the best offerings on the market. The 1inch History API can be integrated by various t...




Swap tokens on 1inch with 0 fee

In contrast to some projects’ moves to introduce fees for swapping tokens, 1inch has been sticking to its no-swap-fee policy. When it comes to swap tokens, some established platforms with large user bases have long been charging swap fees that could be as high as 0.875%. Most recently, some other platforms have also joined this trend, introducing or announcing plans to introduce extra swap fees. If, for instance, a user makes a swap and has to pay a 0.875% swap fee, they will lose $8.75 on a $1,000 trade. By extracting value from users on a relatively small market, projects are restricting their own potential for growth. Meanwhile, as a leading DeFi platform for crypto assets, 1inch has been holding on to its no-swap-fee policy since the project’s launch. This means that 1inch doesn’t impose on users any fees for making swaps in the 1inch dApp. We at 1inch always work hard on making sure that users are getting the best rates for crypto swaps and an extra fee could make our rates less favorable and less competitive. With 1inch, users can always be sure that they swap coins in a simple, user-friendly interface, paying no on-top fees. “1inch’s mission is not about short-term wins,” says Sergej Kunz, 1inch co-founder. “Our mission is fostering growth of the Web3 market, building cutting-edge tech and onboard the widest possible audience to transparent, efficient, secure and user-friendly decentralized tools.” ...




How does blockchain technology work?

Blockchain technology, powering crypto transactions, offers a secure, transparent and efficient alternative to traditional data storage and transfer methods. Key takeaways: — Blockchains are sequential databases containing recorded data for transactions — transfers of funds between users. — They can be decentralized, since no information is stored in a central location, but is spread across all the computers (nodes) participating in a blockchain network. Blockchain technology is based on distributed online ledgers. — Blockchains maintain a secure record of cryptocurrency transactions — they must be approved by consensus algorithms — for example Proof of Stake or Proof of Work. — Blockchains can only write data — its transaction history is unalterable. — Each attached block is considered as one blockchain confirmation. — A native token is a specific network’s inherent cryptocurrency. It is needed to compensate validators or miners for adding transactions to blocks. — What is a blockchain?. — Blockchain is a technology based on distributed digital ledgers, to which various kinds of data can be recorded. These distributed ledgers are basically chains of blocks — data units added one after another. In the context of decentralized finance (DeFi), blockchains are normally used to store data, including data for transactions — transfers of funds between users. One of...




1inch to attend the Australian Crypto Convention

This weekend, the 1inch Network is taking part in the Australian Crypto Convention, a major crypto event that expects over 15,000 attendees. The 1inch Network is always keen on conquering new regions and territories. Now, the time has come to set foot on the Australian continent. On November 11–12, the 1inch team will attend an event in Australia for the first time ever — the Australian Crypto Convention, scheduled to be held at the Melbourne Convention & Exhibition Center. Already an established crypto event, this year, the Australian Crypto Convention promises to shatter records, growing fourfold to become one of the space’s most prestigious global gatherings. Stop by the 1inch booth to discuss crypto, blockchain and our plans for stepping up presence in the Asia-Pacific region. On November 11, Sergej Kunz, 1inch co-founder, is scheduled to give a talk, “1inch Fusion: a new standard for token swaps.” Come listen to his insights into how 1inch tech makes crypto swaps more efficient and user-friendly. Meanwhile, on November 12, 1inch is hosting an afterparty, “Lock, Stock & One Swapping Unicorn.” Join us to celebrate the magical world of DeFi! Enjoy quest games with Unicorn, delicious food & drinks and DJs with the most danceable tracks you’ve ever heard! To attend the party, register here. Enjoy the Australian Crypto Convention with the 1inch Network! 1inch to attend the Australian Crypto Con...




From sharding to danksharding: the evolution of scalability solutions

Within the Ethereum ecosystem, blockchain scalability has evolved from traditional sharding to the cutting-edge danksharding approach, each offering its unique features. — Main takeaways:. — Sharding is a scalability solution that partitions a blockchain into smaller segments, or shards, to distribute the processing of transactions., By doing so, sharding increases the overall capacity and speed of the network and enhances its robustness against failures., However, sharding introduces potential security risks, as there are fewer validators on each shard, and presents challenges in the complex process of data migration., Danksharding is an advancement in Ethereum’s scalability that relies on data availability sampling to improve efficiency in the network., Proto-danksharding, an intermediary step towards full danksharding, uses temporary storage called data blobs to reduce storage costs for rollups., Traditional sharding is a technique in blockchain technology that aims to boost transaction scalability and speed. A blockchain network is divided into smaller segments called shards, therefore, transactions are validated within individual shards rather than on the entire network. This parallel processing allows for increased throughput, addressing the issue of scalability bottlenecks. — The main benefits of traditional sharding. — Scalability and improved performance. Distributing data across nodes l...




What is cryptocurrency and how can it be used?

Cryptocurrency operates on decentralized blockchain technology, enabling secure, peer-to-peer digital transactions without traditional intermediaries and offers a vast array of use cases beyond mere currency. — Main takeaways:. — Cryptocurrency is a digital currency protected by cryptography and designed for online transactions., It can be used worldwide, eliminating the need for traditional banks., Cryptocurrency wallets facilitate crypto storage and transactions., Benefits include decentralization, global acceptance, fast transfers and self-custody options. Blockchain technology ensures security, and private keys provide direct access and protection., Challenges include a limited acceptance in some countries, price volatility, potential for scams/theft and evolving regulations., A cryptocurrency (crypto, crypto coin, crypto token) is a digital currency based on cryptographic technology. It is purely digital, meaning there are no physical coins or banknotes. Сryptography protects tokens from duplication or counterfeit. You can use crypto as a regular currency (referred to as fiat in the crypto world) to pay for a product or service online or send money to your family or friends, just like you do in a bank app. — How does cryptocurrency work?. — With crypto, you don’t have to rely on banks. Crypto is specifically designed to make payments directly between users, without involving intermediaries. U...




1inch monthly digest: October

The 1inch Network is happy to present you the October digest of major news and updates. — Updates, news and integrations. — In October, version 1.17.0 of the 1inch Wallet for Android was released. The main highlight of the upgrade was the address book feature, earlier made available for iOS users. With the address book feature, users can directly add contacts to their address book, as well as save addresses after submitting transactions with new ones. All contacts are sorted alphabetically, with contacts’ names and addresses prominently displayed. The ‘Recents’ section features addresses to which the user has lately transferred assets, sorted from the newest to the oldest transaction. In late October, 1inch and Trust Wallet launched the second stage of the swap competition Need for Swap with a 25,000 USDC prize pool. The first stage, which drew to a close a month ago, attracted quite a number of participants. — Events. — On October 2, 1inch co-founder Anton Bukov joined a fireside chat on self-custody vs. non-self-custody in Hong Kong. The same week, 1inch’s team, including the other co-founder Sergej Kunz, participated in Builders Night in Dubai, alongside Consensys, MetaMask, Linea and other prominent players in the space. On October 8, Sergej also took the stage at ABC Conclave to deliver a keynote address on 1inch Fusion. Meanwhile, October’s most prominent blockchain event was the Fut...




  1INCH NEWS


1inch Soars with $30B Volume, Secures 64% of Ethereum DEX Aggregator Mar...

    1inch experienced a substantial surge in volumes and market dominance in the fourth quarter of last year amidst a broader market resurgence, According to Messari's report, the popular DEX aggregator recorded over $30 billion in executed volume and a commanding 64% share of the Ethereum DEX aggregator market. The nearly doubled volume from external sources suggests increased adoption of 1inch as a backend solution and the expansion of aggregator platforms. 1inch Sees Increased Trading Activity in Q4 Transaction growth is primarily attributed to new products, as evidenced by increased activity in the Limit Order Protocol (LOP) and 1inch Fusion, while transactions in the Aggregation Protocol witnessed a decline during the quarter. The share of 1inch trades conducted on Uniswap V3 and V2 saw an increase by 8 and 3 percentage points, constituting 40% of trades and 8% of trade volume, respectively. The volume generated by 1inch on these two Uniswap versions rose from $5.6 billion in Q3 to $10 billion in Q4, Messari's report noted. The share was mainly derived from Curve and Dodo, the second and now sixth most common execution venues. PancakeSwap continued to receive over $1 billion in trade volume from 1inch for the second consecutive quarter, accounting for 7% of 1inch's total volume in Q4. During the period, 1inch experienced notably greater volume growth compared to its counterparts, leading to an expansion of its market share from 59% of trades in Q3’23 to 63% in Q4&rsquo... read More



1inch DAO Makes DeFi History, Votes To Onboard Legal Counsel

    In a historic move that sets a precedent for decentralized autonomous organizations (DAOs), 1inch DAO, the entity behind the 1inch Network, has voted to secure 'legal advisory services' from STORM Partners. Notably, this decision comes amid growing regulatory scrutiny on the crypto and decentralized finance (DeFi) sectors. 1inch DAO Votes To Onboard STORM Partners For Legal Advisory Services Following voting that ended on January 9-overwhelmingly supported by the 1inch community-holders decided to onboard STORM Partners. This marks a significant step forward in the DAO's efforts to navigate the complex legal landscape and protect its members.  With STORM Partners on board, 1inch DAO becomes the first autonomous organization in the broader crypto ecosystem to access expert guidance on compliance, governance, and legal defense. Out of this landmark move, the DAO will receive expert legal advice. As such, they will strive to operate within the confines of applicable laws and regulations in the United States and beyond.  This move is particularly noteworthy given the recent United States Securities and Exchange Commission (SEC) concerns over the crypto industry and the DeFi sector. From lawsuits, the agency noted that individuals who engage in illegal activities, including offering unregistered securities, via a DAO could be sued individually. To illustrate, following a lawsuit from the SEC, BarnBridge DAO agreed to stop selling what the agency said w... read More



1inch Investment Fund Just Sold Ethereum, What Do They Know?

    1inch Investment Fund, a fund closely tied with the crypto exchange aggregating platform, 1inch, has sold 4,685 stETH for 8.54 million USDC at $1,823, according to Scopescan, an analytics platform, on October 24. By selling at spot rates, the fund has netted $1.28 million in profits since the stETH was bought at an average price of $1,550 less than a week ago. 1inch Investment Fund Sells stETH StETH, or staked Ethereum (ETH), is an ERC-20 token representing staked ETH on the Lido Finance protocol. The platform allows anyone to stake their coins and earn rewards without necessarily locking their coins for an extended period.  As of October 24, Lido Finance is the most popular decentralized finance (DeFi) application looking at total value locked (TVL). DeFiLlama data shows that the protocol manages over $15.7 billion of assets, of which over 95% are ETH.  Technically, any ETH holder wishing to stake and earn network rewards stake on Lido Finance receives stETH in return, representing the stake amount. The higher the staked amount, the more stETH the protocol issued. This stETH can be traded, transferred, or used to secure loans while concurrently earning network rewards.  Selling stETH means 1inch Investment Fund automatically unstaked the same amount on Lido Finance and sold the underlying coins. Even so, transferring the underlying ETH can take several days when there might be changes to spot prices. Curiously, the decision is when the crypto mar... read More



1inch Wallet Acquires $10 Million Worth of ETH: Data

    The 1inch Investment Fund's crypto wallet has made a substantial purchase of Ether. Lookonchain - the popular blockchain analysis platform - highlighted the transactions and revealed that the wallet acquired 6,088 ETH at an average price of $1,655. In doing so, the wallet associated with the DEX aggregator spent over $10 million. Blockchain data pointed out that 1inch's wallet purchased a total of 17k ETH, worth 26.8 million, at an average price of $1,569 on three occasions - January 13, February 9, and March 14. It then sold 11k ETH, roughly amounting to $21 million, when the price of the largest altcoin surged to $1,906 on July 5 and made a profit of $3.7 million in the process. Currently, the wallet in question holds more than $80 million worth of crypto-assets such as USDT, UNI, USDC, DAI, etc., in addition to Ether. The move comes just a month after completing its dollar-cost averaging (DCA) transactions during the initial months of 2023. Ether, on the other hand, has been on a bearish streak since the second week of July. The recent market dump further extended the altcoin's downside, which has prompted considerable accumulation among retail traders. According to a recent Glassnode alert, the retail investors - addresses holding at least 10 ETH - have been amassing the token at the current levels. As a result, this cohort just reached a 4-week high. In addition to retail accumulation, Ether's whale activity has also spiked to its highest in 16 weeks. Santimen... read More



DEX Aggregator 1inch Debuts on Coinbase's Base Blockchain

    Decentralized exchange aggregator 1inch announced expansion across the Coinbase-incubated layer-2 blockchain, Base. 1inch also mentioned that Base is poised to gain advantages from 'Coinbase product integrations and convenient fiat onramps,' which will also be extended to projects within the ecosystem. The team also revealed the deployment of the 1inch Aggregation Protocol and the 1inch Limit Order Protocol on Base. The latest expansion will enable 1inch users to get access to another layer-2 solution with lower transaction costs and higher speeds, as well as some extra liquidity. Commenting on the development, Sergej Kunz, 1inch Network's co-founder, said, 'We are happy to expand to Base. Base is a very promising L2 solution, plus it’s incubated by such a major player as Coinbase. In addition, we totally share Base’s philosophy aimed at bringing the next billion users to blockchain.' Uniswap v3, Balancer v2, SushiSwap v3, Rocket Swap, and 1inch Limit Order Protocol v3 are some of the protocols that are immediately available via 1inch on the Layer 2 Ethereum scaling solution. Since opening the Base mainnet for public use, the network has consistently managed to attract over $100k daily active users. With the increase in popularity, driven largely by the hype around the social app Friend.tech, the daily transactions on Base even briefly surpassed that of Ethereum. Base has also witnessed a frenzy of scam tokens. As reported earlier, the new blockchain saw m... read More



1inch Launches DEX Aggregation Protocol On Base Network

    Decentralized exchange (DEX) aggregator 1inch Network has announced the expansion of its operations to Coinbase’s Ethereum layer 2 (L2) network, Base.  1inch's Aggregation And Limit Order Protocols Go Live On Base In a blog post published on Thursday, August 24, 1inch disclosed the deployment of its aggregation protocol and limit order protocol on the Coinbase-incubated Base network.  The project's team stated that this action is in line with their goal to expand in the decentralized finance (DeFi) industry.  1inch will begin its operation by aggregating liquidity across 15 decentralized exchanges on the Base network. These DEXs, including Uniswap and SushiSwap, also recently launched on Base. Serg ej Kunz, co-founder of 1inch Network, stated the following regarding this development: We are happy to expand to Base. The Base network is a very promising L2 solution, plus it’s incubated by such a major player as Coinbase. In addition, we totally share Base’s philosophy aimed at bringing the next billion users to blockchain. Before this latest development, 1inch had already been deployed on various networks, including Ethereum, BNB chain, Avalanche, Polygon, Arbitrum, etc. Moreover, it is one of the leading DEX aggregators, with a trading volume of over $1 billion in the past week.  A Testament To Growing Interest In Base? The Base network has enjoyed significant interest and growth since opening its doors to the public on the 9th of August.... read More



1INCH Skyrockets 45% Daily, Bitcoin Stagnates Above $30K: Market Watch

    Bitcoin continues to trade sideways after last week's enhanced volatility and has not made a major move for a third consecutive day. Most altcoins are also relatively quiet, with XRP surging the most from the larger caps, while BNB has retraced by over 2%. BTC Gets Boring The last few business days of last week were quite eventful for the entire crypto space. This came as Judge Analisa Torres, president over the legal battle between the SEC and Ripple, ruled in favor of the blockchain project in regard to its XRP sales. This has a profound and immediate effect on all assets, including bitcoin. The primary cryptocurrency shot up by $1,500 to a 13-month peak at over $31,800 (on Bitstamp). However, it failed to keep its momentum going and retraced by several hundred dollars almost immediately. More violent moments followed on Friday when BTC dumped to just under $30,000. The bulls finally managed to intervene and pushed the asset to around $30,300 by Saturday. Bitcoin stalled for the next 48 hours and has not made a move since. As such, its market capitalization remained at $590 billion, and its dominance over the altcoins is still at 48.5%. BTCUSD. Source: TradingView 1INCH Steals the Show Needless to say, XRP was the most significant gainer after Ripple's win over the SEC. The asset almost doubled in value within the first 24 hours after the ruling and neared $1. However, it failed there and retraced to $0.7 yesterday. It has bounced off and added 4.5% in a day now and trades ... read More



1inch Foundation Allocates 10 Million Tokens To The Delegation Incentive...

    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.  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 Fo... read More



1inch Network Launches Hardware Wallet for Storing Users' Private Keys i...

    The decentralized exchange aggregation service 1inch Network has announced the launch of a cold storage hardware wallet. The team notes that the project is in its final stages of development. The hardware wallet, expected to go on sale later this year, features a 2.7-inch e-ink grayscale touch display and it does not require a wired connection.New Hardware Wallet From 1inch Network Offers Air-Gapped, Offline Storage for Crypto Assets On Thursday, the decentralized finance (defi) project 1inch Network announced the launch of a new hardware wallet that will go on sale later this year. The team explains in a press release sent to Bitcoin.com News that the wallet will offer 'the safest approach to storing users' private keys in an offline, simple and open-source way.' The announcement made by 1inch follows the recent collapse of FTX, which spurred a significant amount of demand for hardware wallets, according to the manufacturers behind Ledger and Trezor. 1inch details that the wallet is being developed by an independent team working with the 1inch Foundation. The development team received a grant from the 1inch Foundation to complete the project. According to 1inch, the hardware wallet is 'fully air-gapped' as it has no buttons and does not require any wired connection. Data is exchanged via QR codes or, optionally, with NFC. The 1inch hardware wallet is roughly the size of a credit card, weighs 70 grams and is 4mm thin. Additionally, 1inch says the 'waterproof' wallet will boa... read More



1inch Network Introduces Fusion Update for DeFi Swaps

    The popular DEX aggregator announced the launch of Fusion, which focuses on the 1inch Swap Engine and aims to enhance user experience with DeFi swaps. The team behind the project promised to deliver 'almost limitless' liquidity and maximum user protection. The press release shared with CryptoPotato informed that 1inch Swap Engine 'facilitates Fusion, which empowers DeFi users to place orders with a specified price and time range, paying no network fees.' 1inch Swap Engine is a decentralized trading and matching protocol, partially based on the 1inch Limit Order Protocol and the 1inch Aggregation Protocol. According to the team, this allows customers to access 'almost all available liquidity in the crypto market.' The orders are completed by professional market makers paying applicable gas fees called resolvers. Users have to stake 1INCH tokens to become resolvers, and the top five stakers will have priority executing orders. The team said Fusion mode allows users to swap tokens on various decentralized exchanges without paying any network fees, 'at the most favorable rates.' They can choose from three options: Fast - in which the user accepts a less desirable rate to have the swap executed within a few blocks. Fair - the user can wait a bit longer for a better rate. And Auction - the user waits up to 10 minutes to receive the most favorable rate. The Fusion update will initially work on BNB Chain, Ethereum, and Polygon, with more networks to be added in the future. “F... read More



1inch Unveils New Feature to Protect Users From 'Sandwich Attacks'

    Decentralized exchange aggregator - 1inch - announced the launch of a tool called 'Rabbithole.' According to the press release shared with CryptoPotato, the new feature is designed to protect MetaMask traders swapping on the 1inch platform against 'sandwich attacks' - a type of front-running attack usually applied over transactions sent to a DEX to buy tokens. RabitHole essentially works by sending swap transactions on 1inch directly to validators while avoiding the mempool, where it is prone to be attacked by sandwich bots. This is done by aggregating providers that allow sending swap transactions directly to validators, such as Flashbots, BloXroute, Eden, and Manifold. In addition to MetaMask users, the tool is also expected to benefit other crypto wallets, such as 1inch Wallet, Ledger, and Trezor, which are capable of creating and signing a transaction. 'The RabbitHole is designed as a proxy, connecting 1inch users’ MetaMask wallets and Ethereum validators. Its unique algorithm will check swap transactions on 1inch for the threat of a sandwich attack, and, if such a threat is detected, the transaction will be sent directly to validators, using one of the aggregated providers.' RabbitHole can be used free of cost during the testing period. Decisions regarding payment options will be made after receiving feedback from community members. 1inch also hinted at staking a certain amount of 1INCH tokens as a possible option for payments. For the uninitiated, a sandwich at... read More



1inch Partners With Unstoppable Domains to Compete With ENS

    On Oct. 4, the 1inch network announced a partnership with nonfungible token (NFT) domain name provider and digital identity platform Unstoppable Domains. The new collaboration signals a move into the decentralized domain space, which is currently dominated by the Ethereum Name Service (ENS). According to the announcement, the partnership will allow 1inch Wallet users to perform transactions in a more user-friendly way by replacing complex addresses with domain names. This is precisely what ENS offers – replacing Ethereum addresses with web-friendly domain names. 1/ Meet the most unstoppable announcement of this week!#1inch is excited to announce a partnership with @unstoppableweb, an #NFT domain name provider and digital identity platform. Read more: https://t.co/ooGROWT9XR#DeFi #crypto #Web3 — 1inch Network (@1inch) October 4, 2022 Big Name Choice … But at a Price Unstoppable Domains generates user-friendly names by minting them as an NFT so that the holder can keep them forever. By comparison, ENS domains need to be renewed periodically, just like real-world domain names. The platform also offers different usernames for crypto that can have endings, including NFT, Wallet, Crypto, Bitcoin, Blockchain, 888, and DAO. Users can interact with their 1inch Wallets with names such as andy.wallet or money.crypto. ENS names, on the other hand all end with .eth. The names can also be used as digital identities according to Unstoppable Domains. When searching fo... read More



1inch Network Partners With Binance-Backed Travala

    1inch Network - the decentralized exchange aggregator platform - has announced a partnership with Travala. As part of the latest step, the Binance-backed travel agency will add the 1INCH token as a payment option on its platform. As per the press release shared with CryptoPotato, the integration will allow 1INCH token holders to book more than 2.2 million hotels and homes, over 600 airlines, and other activities in 230 countries. They will also be able to access various travel products by Travala. Following the development, Sergej Kunz, 1inch Network co-founder, said that mass adoption of the company's products and solutions is the top-most priority of the aggregator. Kunz expects that the integration would create a new utility for the 1INCH token while offering exposure to many potential users. Juan Otero, Travala.com CEO commented, 'In continuing our commitment towards mass cryptocurrency adoption, we’re very excited to partner with the 1inch Network to champion the growth of the crypto community and to bring a new use case to 1INCH. The team impressed me with their vision for their business, and I have no doubt that we will see them making waves in the crypto community.” 1inch Network recently rolled out a spot price aggregator to extract data for assets traded on decentralized exchanges on the blockchain. The end goal of the tool is to solve information-related tasks and would support DEXs on - Ethereum, Binance Smart Chain, Polygon, Avalanche, Optimistic E... read More



Symbiosis Integrates 1inch to Enable Best Price Discovery for Cross-Chai...

    [PRESS RELEASE - Please Read Disclaimer] The multi-chain liquidity protocol Symbiosis has integrated the 1inch DEX aggregator to facilitate arbitrary asset swaps between EVM-compatible networks. The Symbiosis protocol manages stablecoin liquidity pools and routes the transaction through existing DEXes, so the partnership is essential to enable the best prices for the end-users as the 1inch router is working on both sides: on the source chain and destination chain sides. The best price for the exchange of any tokens. 1inch is the best solution, especially on large amounts, one can see a significant difference. Super excited! Will, Co-founder Symbiosis Prior to this, the Symbiosis team has been using a self-developed routing protocol, and a transition to 1inch proves to be a great augmentation amid the first non-EVM Terra that the team is planning to launch in May: Near and Solana coming out shortly after. Symbiosis launched beta-mainnet in March. Apart from diving into non-EVMs, the team behind protocol oversees great potential in different L2s with Boba being the first one integrated recently. About Company Symbiosis is a decentralized multi-chain liquidity protocol that enables users to perform any crypto token swaps across multiple blockchains with a single click. At present, the protocol supports 5 networks including Boba, BNB Chain (formerly BSC), Ethereum, Polygon, and Avalanche, with more networks to be expanded in the upcoming future. Their main goals are solving the t... read More



DEX Aggregator 1inch Expands to Fantom Network

    As per the press release shared with CryptoPotato, 1inch Network announced the expansion of the 1inch Aggregation Protocol and the 1inch Limit Order Protocol on Fantom. The move will help users access deeper liquidity and more alternatives for efficient and cheap swaps. Expansion to Fantom With 1inch's expansion on the scalable, EVM-compatible Layer 1 blockchain protocol, Fantom, a myriad of protocols will make the transition as well. Some of those names include Solidly, SpookySwap, Geist Finance, SCREAM, Curve, Beethoven X (Beets), SpiritSwap, Synapse, SushiSwap, PaintSwap, Morpheus Swap, Elk Finance, ProtoFi, Saddle. Speaking of the deployment, 1inch Network co-founder - Sergej Kunz commented, 'Fantom is a popular network, and it has performed quite remarkably lately. The deployment of 1inch protocols on that blockchain is set to offer users more efficiency and flexibility, as well as access to yet deeper liquidity.' Launched during the ICO boom in 2018, Fantom had mostly kept a low profile before gaining significant traction three years later due to its focus on DeFi. Its TVL skyrocketed from September 2021, according to DeFi Llama. Growth was also recorded in early 2022 when the total value locked on the project reached $15.22 billion. However, its contributors - Andre Cronje and Anton Nell's departure, triggered a sharp drop in the figures. As of April 14, Fantom's TVL stood at $7.31 billion. The move comes six months after the DEX aggregator announced its expansion to A... read More



DeFi platform 1inch adds wallet support for NFTs

    1inch, a network of blockchain protocols for operating in the DeFi space, today announced that NFT support has been added to the 1inch Wallet. Thanks to the integration of the OpenSea API in collaboration with the OpenSea team, support for NFTs was successfully incorporated into the 1inch Wallet. A direct link to OpenSea, one of the largest NFT marketplaces, will enable users to buy new NFTs and immediately store them in their 1inch Wallets. The new NFT feature further helps users to see all NFTs held in their address, organized by collection, and view information on them. Users can also send NFTs to other wallets. Note, the NFT feature is only available on the networks that support non-fungible tokens – namely, Ethereum and Polygon. 'NFTs are a very promising area in the blockchain space, and we want to enable users to store and manage their NFTs in the most convenient and efficient way,' said Sergej Kunz, Co-Founder of 1inch.   No stranger to NFTs, 1inch has been involved in the NFT scene for a couple of years. A number of 1inch NFTs have been released, as well as a joint NFT collection with major jewelry maker Parts of Four. The post DeFi platform 1inch adds wallet support for NFTs appeared first on CryptoNinjas. read More



1inch Network Introduced its Spot Price Aggregator

    1inch Network - a protocol that unites decentralized projects - launched a spot price aggregator to extract data for assets traded on DEXs on the blockchain. The tool provides a liquidity-weighted average of token spot prices. To avoid issues within transactions, 1inch recommended using it off-chain. 1inch’s Newest Instrument In a recent document seen by CryptoPotato, 1inch explained that the spot price aggregator aims to solve information-related tasks. Such include the visualization of asset valuations extracted from the blockchain in the interfaces of websites and applications. The tool consists of smart contracts that interact with various decentralized exchanges to receive token liquidity-weighted spot prices. The instrument also handles wrapped assets such as wETH, cDAI, aDAI, and more. In case there is no direct liquidity between two assets, the spot price aggregator calculates rates for those coins that use a connector token. The feature supports many DEXs on Ethereum, Binance Smart Chain, Polygon, Avalanche, Optimistic Ethereum, Arbitrum, and Gnosis Chain. While other similar solutions could face a lag of up to several minutes, 1inch’s instrument displays a token’s price immediately, the team asserted. The 1inch dApp interface and the Pathfinder algorithm are already using the tool. Technically, the spot price aggregator could be integrated into any place where a token price is displayed and needs to be converted into US dollar or other fiat currenc... read More



1inch Network Debuts Earn Pool for Liquidity Providers

    The 1inch Network launched a new investment tool called 1inch Earn, in hopes of incentivizing liquidity providers. The protocol asserted in a press release shared with CryptoPotato that the new feature will provide more efficient use of capital compared to AMM pools. How Does 1inch Earn Liquidity Pool Work? A set of liquidity pools optimized for stablecoins, 1inch Earn’s operating model is similar to Uniswap V3 range orders. “Earnings come from fees on swap trades in the pool,” says the press communiqué from 1inch Network. Individual users, algorithmic trade bots, and arbitrage traders will perform the swaps. 1inch Earn provides “deep liquidity at any point” because of its integration in the 1inch Pathfinder algorithm. The DeFi protocol said the earnings from the new investment tool would be “in the range of 5-10% APY” at the time of its launch. Later, the profitability will depend on how the market behaves. The concept of 1inch Earn has been in practice in the 1inch Network Treasury since September 2021. Earlier, it was called Trading Strategies. The popular aggregator of decentralized protocols believes 1inch Earn will improve decentralization and governance across the network. Besides, it will prove to be an attractive earning tool for the users, the project said in its PR. “The launch of 1inch Earn is set to be a major step towards improving the sustainability of the entire network and stepping up its decentralization... read More



1inch Protocol Now Available on Avalanche and Gnosis Chain

    Continuing with its push for 'the best deals across the blockchain space,' the 1inch Network has announced the deployment of its latest aggregation and limit-order protocols on Avalanche and Gnosis Chain. Conquest of the DeFi The DEX aggregator termed the new partnerships a continuation of its conquest of the DeFi space. In a press release shared with CryptoPotato, 1inch explained that it tries to offer low-cost and high-speed cross-chain transactions, saying: “1inch Aggregation Protocol and the 1inch Limit Order Protocol have been deployed on Avalanche and Gnosis Chain, formerly known as the xDai Chain.” These partnerships help 1inch expand its reach to new customers on these two platforms. Thanks to its cooperation with Avalanche, users can access several 1inch protocols on the latter's blockchain. These include 1inch Limit Order Protocol v2, Aave v2, SushiSwap, Trader Joe, and YetiSwap. Similarly, the tie-up with Gnosis Chain will allow users to access many of the 1inch's protocol, including 1inch Limit Order Protocol v2, Curve v1, Honeyswap, Levinswap, SushiSwap, and wxDai. Co-founder of 1inch Sergei Kunz said: “1inch’s main goal is to offer users the best deals across the blockchain space. To achieve that, 1inch protocols constantly expand to new chains, and the expansion to Avalanche and Gnosis Chain will offer 1inch users more options for cheap and fast transactions.” Limit Order Protocol v2 1inch released Limit Order Protocol v2 in mid-De... read More



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