1inch

1inch Network has unveiled its Fusion API, designed to enable crypto exchanges and wallets to offer token swaps with zero network fees, unlimited liquidity across the market, miner extractable value (MEV) protection, and full regulatory compliance. The Fusion API aims to provide a seamless and cost-effective solution for integrating decentralized finance (DeFi) capabilities into centralized platforms.

Synthetix, a decentralized synthetic asset issuance protocol, has announced an update to its redemption process on the Ethereum blockchain. From now on, users can only redeem non-USD synthetic assets (synths) to the protocol's native stablecoin, sUSD. This change aims to streamline the redemption process and enhance trading efficiency. Synthetix also highlighted the option to seamlessly swap non-USD synths to sUSD using the 1inch decentralized exchange aggregator.

A new API called 1inchFusion has been launched, targeting financial institutions looking to enter the decentralized finance (DeFi) space. The API offers no network fees, enhanced protection against miner extractable value (MEV) attacks, and full Know Your Customer (KYC) and Anti-Money Laundering (AML) compliance. It is being marketed as a breakthrough solution that can help traditional finance institutions transition into DeFi.

1inch, a decentralized exchange aggregator, has announced an upgrade to its swap feature that can reduce transaction costs by up to 16%. This improvement leverages the efficiency of the Uniswap and Curve protocols to ensure users get the best rates for their transactions. The platform has also reached milestones of over 1 million swaps and $1 billion in total trading volume, reflecting its ability to provide deep liquidity and competitive rates. Users are advised to research thoroughly before swapping tokens.

MagicSquare has announced the integration of the 1inch Swap API into its platform. To celebrate this integration, MagicSquare is hosting a contest where the 100 users with the highest swap volume on MagicSquare will share $25,000 in SQR tokens. Additionally, 10 lucky users who repost both the integration and contest announcements will receive $100 each. The full rules for the contest are provided in the announcement.

1inch Network had a significant month in March. New features were introduced for the 1inch Wallet, including the Community Builders Program 2.0 and lower Layer 2 fees with the Dencun upgrade. The network also participated in global events and reported impressive statistics.

1inch has announced an upgrade to their hardware wallet prototype, transforming it into a 6-in-1 multitool. The new device will not only secure cryptocurrency assets but also function as a bottle opener, screwdriver, and other tools. 1inch emphasizes the importance of versatility in the crypto world, combining security with practicality in an innovative way.

1inch, a decentralized finance (DeFi) platform, has announced the launch of Phase 2.0 of its Community Builders Program. The program aims to expand the platform's global reach by transcending language barriers and resonating with crypto enthusiasts worldwide. It offers five dynamic tracks: Social Media, Translation, Community Engagement, X Degens, and Blog post. Participants will have the opportunity to contribute to the platform's growth, enjoy unique perks, and be part of the team driving towards a decentralized future.

1inch Network, a leading decentralized finance (DeFi) aggregator, has announced the appointment of Samuel Yim as its new Chief Business Development Officer (CBDO). Yim brings extensive experience to his role at 1inch, which aims to provide users with the most favorable trading conditions by aggregating liquidity from various sources.

WalletCon, a gathering of blockchain and cryptocurrency innovators, recently took place in Lisbon, Portugal. The five-day event featured over 60 builders and seven groundbreaking demonstrations, showcasing the latest advancements in decentralized technology. The event was hailed as a success, with attendees praising the relentless innovation on display. WalletConnect's marketing partnerships lead, Sasha, played a prominent role in the event's organization. Looking ahead, WalletConnect plans to participate in upcoming Web3 events in Hong Kong, Paris, and Dubai.