About 1inch

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.