1inch Discovers and Addresses Resolver Contract Vulnerability
1inch Discovers and Addresses Resolver Contract Vulnerability
🔍 Resolver Drama at 1inch
The 1inch team identified a security vulnerability in resolver smart contracts related to the obsolete Fusion v1 implementation. Key points:
- No end users were affected by this issue
- 1inch implemented preventive measures to block potential exploits
- Detailed investigation findings are now public
Resolvers are urged to conduct security reviews of their contracts. Full technical details available in the official blog post.
UPDATED BLOGPOST: blog.1inch.io/vulnerability-…
At 23:00 CET on 05.03.25, the 1inch team discovered a vulnerability in resolver smart contracts using the obsolete Fusion v1 implementation. No end-user funds were at risk—only resolvers using Fusion v1 in their own contracts.
1inch Expands Integration Network with Okto Wallet Partnership
1inch Network continues its expansion of wallet integrations by partnering with Okto wallet. The integration brings 1inch Swap functionality directly to Okto users, offering: - Enhanced transaction speed - Improved reliability - Optimized swap rates This follows recent major developments including: - Solana blockchain integration - Trezor hardware wallet partnership - Launch of native cross-chain capabilities The Okto integration represents another step in 1inch's strategy to improve DeFi accessibility through strategic wallet partnerships. [Learn more about the integration](https://blog.1inch.io/okto-1inchs-swap-api/)
Simplified Asset Swapping Update
A new update has streamlined the process for exchanging certain digital assets that often go unmentioned. The platform now offers: - Enhanced swap functionality - Simplified user interface - Faster transaction processing - Improved liquidity options This builds upon January's basic swap feature release, marking a significant improvement in trading capabilities. The update focuses on user experience while maintaining compliance with regulatory requirements. *Note: Specific assets remain unnamed for compliance purposes.*
Fusion+ Introduces Gasless Transactions for Cross-Chain Swaps
Fusion+ has unveiled a new feature allowing users to perform gasless transactions for cross-chain swaps. Here's what you need to know: - Users can now sign off-chain orders without paying gas in native tokens - Network fees are covered by resolvers, making swaps cost-free - This feature simplifies the swap process, removing a common barrier Fusion+ continues to innovate in the cross-chain swap space, addressing key challenges like fragmented liquidity and high fees. The platform aims to provide: - Seamless token swaps across supported chains - Enhanced security and best price execution - A user-first approach to cross-chain interactions To learn more about Fusion+ and its features, visit the 1inch blog or try it out in the 1inch dApp.
1inch Wallet Eliminates Blind Signing for Enhanced Security
The 1inch Wallet has introduced a feature that eliminates blind signing, providing users with full visibility into their transactions. This enhancement aims to improve security and user understanding: - Complex transaction details are simplified into clear language - Users can review and approve each transaction with confidence - The feature promotes more secure and informed crypto transactions To experience this improved security measure: 1. Visit https://1inch.io/wallet/ 2. Download the 1inch Wallet 3. Enjoy transparent, secure transactions This update reinforces 1inch's commitment to user safety and transparency in the crypto space.
Anton Bukov to Speak at DeFi World 2024 in Bangkok
Anton Bukov, co-founder of a prominent DeFi project, is set to speak at DeFi World 2024 in Bangkok, Thailand. The event, scheduled for November 11, promises an in-depth exploration of the future of decentralized finance. Key points: - Speaker: Anton Bukov (@k06a) - Event: DeFi World 2024 - Date: November 11 - Location: Bangkok, Thailand - Focus: Future of finance Attendees can expect insights into the evolving DeFi landscape and potential innovations shaping the industry. Interested in the future of DeFi? Consider attending this event to stay informed on the latest developments.