1INCH Coin has recently made headlines across the cryptocurrency market and DeFi ecosystem. Its executive hinted at the benefits of
DeFi over traditional finance in the context of crypto loans. With security being a critical standing point, 1INCH worked with
SafePal for a WalletDrop, aiming at enhancing DeFi security. The price predictions for
1inch in the coming years seem bullish, with swapping rates across DEXs being one persuasive aspect.
Fostering an increase in DeFi security, 1inch and SafePal are looking to boost security by giving away hardware wallets. After seven months, 1INCH notably hit a high following a double-digit gain, which coincided with numerous advancements. A vulnerability in the 1inch Router's rescue function was revealed by
Carbontec, unveiling an exploit path worth $520,000. A smarter, faster, and more cost-efficient trading upgrade was promised by 1inch. Moreover, the 1inch team is notably active in the market, purchasing 1INCH tokens worth millions. Furthermore, 1inch’s ambitious roadmap includes launching on Solana and implementing crosschain swaps.
After an exploit of outdated smart contracts, 1inch proposed an exploit compensation and is currently being voted on. The network has also joined forces with Bruce Lee’s family for a DeFi campaign titled 'seriousLee'. Additionally, they have partnered with Mastercard and Baanx for the introduction of a
Web3 Debit Card. Amidst advancements, there are challenges such as potential scam fears. Nonetheless, notable milestones include raising $175M in a funding round led by Amber Group and receiving integration from Trezor for enhanced transactions.
1INCH Coin News Analytics from Mon, 04 Jan 2021 13:13:52 GMT to Wed, 23 Jul 2025 09:45:57 GMT -
Rating 5
- Innovation 6
- Information 7
- Rumor -3
