Synthetix (SNX) is a decentralized finance (DeFi) protocol built on the Ethereum blockchain, allowing users to create and trade synthetic assets. These assets mirror the value of real-world assets such as commodities, currencies, and stocks.
Conflux (CFX) Network has announced changes to key parameters following the conclusion of its 14th voting round. Key adjustments include increases in PoW block rewards and interest rates.
Conflux (CFX) Network outlines its parameter voting mechanism, detailing how users can influence network parameters through staking and voting on the blockchain.
1inch, the decentralised exchange (DEX) aggregator, announced on Thursday its integration with zkSync, the Ethereum layer-2 scaling solution that uses zk-roll ups. In a bid to more faster and secure cross-chain transactions, 1inch will enable its users to make frequent or smaller trades with much lower gas fees using zkSync's Ethereum Layer-1 security.
1inch has woven ZKsync into its cross-chain swap architecture, empowering users to exchange assets across networks with accelerated processing and minimized fees. ZKsync Joins 1inch's Cross-Chain Ecosystem This upgrade aims to amplify 1inch's technical prowess, permitting asset transfers between blockchains via ZKsync's layer two (L2) framework.
1inch Network expands its cross-chain capabilities by integrating ZKsync's layer-2 scaling solution, promising reduced fees and enhanced transaction speeds for users.
1inch Network has added ZKsync support to its cross-chain swaps, providing traders with lower transaction fees and near-instant execution. With Fusion+ technology enabling gas-free transactions, the integration enhances DeFi accessibility while leveraging ZKsync's security and scalability. The post 1inch Network Updates Cross-Chain Swaps to Feature ZKsync appeared first on Cryptonews.
TL;DR 1inch Network integrates ZKsync, an Ethereum scaling solution, to offer faster and cheaper cross-chain swaps. 1inch's Fusion+ technology enables fee payments through “relayers” who stake 1INCH tokens, benefiting users with lower costs. ZKsync, based on zero-knowledge technology, speeds up transactions while maintaining Ethereum's security.
ZKsync pushes the DeFi sector towards a more efficient and secure future
The integration aims to provide faster and cheaper transactions for users.
In the crypto market bloodbath, Bitcoin and Ethereum are down at key levels with rising bearish risk. With strong hands and smart traders buying the dip, will the market take a quick turn?
Conflux (CFX) has launched a Bug Bounty Program, encouraging community members to report issues and suggest improvements, with rewards ranging from 10 to 500 CFX.
Synthetix has announced that it will transition its perpetual markets on the Arbitrum network to a close-only mode.
The move is part of a strategic pivot by Synthetix to consolidate its operations and focus on Coinbase's Base network.
As 2024 draws to a close, the cryptocurrency market remains a landscape of sharp volatility, presenting both challenges and opportunities for traders and investors.
Story Highlights The live price of 1 Inch network crypto is . 1inch Network price might surge as high as $0.428 in 2025. 1INCH price with a potential surge, could hit $2.31 by 2030. The 1INCH crypto is the centralization and utility token of 1Inch Exchange, a Decentralized exchange aggregator.
The DeFi protocol also launched an in-house perpetuals trading app.
Synthetix exchange relaunches with multi-collateral perpetuals on the Base network. The reboot of Synthetix comes with a new website, relaunch of its exchange, and upcoming launch of Synthetix Leveraged Tokens.
The product is part of Synthetix's ongoing effort to revamp after a governance overhaul in October.
TL;DR Synthetix acquires TLX as part of its strategy to expand its product offerings and strengthen its DeFi ecosystem. Leveraged products in development: the protocol plans to relaunch TLX on the Base network after auditing and optimizing its infrastructure.
Decentralized finance (DeFi) protocol Synthetix has acquired the leveraged token platform TLX in a token-for-token deal. The post Synthetix Acquires TLX in Token-for-Token Deal appeared first on Cryptonews.
Synthetix said it plans to re-launch all TLX products on Base network after adding parameter improvements.
Blockchain projects thrive on innovation. The more developers push boundaries, the brighter a project's future becomes. This December, Santiment ranked the top ERC-20 tokens by development activity. From DeFi giants to Web3 pioneers, these tokens reflect where the blockchain world is headed. Let's take a closer look at who's making the most noise.
Conflux (CFX) announces v2.4.1 upgrade, addressing RPC improvements, storage optimizations, and bug fixes, enhancing node stability and performance.
1inch, a decentralized finance (defi) platform, has officially rolled out Fusion+, a cross-chain swapping tool designed to enhance the security and simplicity of decentralized transactions. Fusion+ by 1inch Aims to Improve Security and Usability in Defi Swaps As shared with Bitcoin.
DeFi platform 1inch has launched Fusion+, an upgrade aimed at simplifying cross-chain cryptocurrency swaps. The post 1inch Launches Fusion+ to Simplify Cross-Chain Crypto Swaps appeared first on Cryptonews.
Consumer-facing blockchain applications with intuitive user experiences could bring more mainstream cryptocurrency users.
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1INCH bounces back from major support, warranting a look at the network's level of utility which may not necessarily inspire much confidence.
Conflux Network, a public Layer-1 blockchain, is designed to facilitate decentralized applications (dApps) and support Web3 infrastructure. This project aims to create a sustainable, scalable, decentralized, and secure environment for developers and users.
For some 1inch users, this scary scene became real on October 30th, 2024, between 9:12 PM and 11:22 PM CET. During this short time, users who connected their wallets to the 1inch dApp could have received a dangerous request.
Conflux (CFX) has rolled out its v2.4.1 testnet upgrade, introducing significant RPC, storage, and code improvements, alongside crucial bug fixes. Node operators are urged to update promptly.
TL;DR 1inch has fallen victim to a significant supply chain attack, compromising its website and posing severe risks to users' funds and personal data. The breach occurred via a compromise of Lottie Player's content server, where hackers injected unauthorized scripts into websites using Lottie Player versions 2.0.5 and above.
1inch, a decentralized exchange aggregator, was compromised after attackers injected malicious code into an animation library update, prompting users to connect their wallets to a crypto drainer. On Oct.
1inch and multiple platforms that utilize the Lottie Player frontend library were been hit by a supply chain breach on 30 October. The perpetrator injected malicious code into the Lottie Player – a popular animation library adopted by various decentralized applications (dApps) and non-cryptocurrency websites.
Decentralized exchange aggregator 1inch's website has been breached along with multiple other platforms that use the same frontend library, Lottie Player.
TL;DR Synthetix has proposed acquiring Kwenta, an exchange derived from its ecosystem, to unify operations and enhance services. The acquisition values each KWENTA token at 17 SNX, with a token swap valued at $13.2 million. The integration would involve dissolving Kwenta's governance and merging it with SNX's Spartan Council.
With a resurgence in buying pressure, the CFX price is back in action and ranks among the top 24H performers. Conflux has risen nearly 4% in the last 24 hours and approaches the $700M market cap. With a new recovery run in the daily chart, will the CFX price reach the $0.
DeFi protocol Synthetix is setting its sights on acquiring Kwenta, a derivatives exchange that emerged from Synthetix itself in 2020. The post Synthetix Eyes Acquisition of Former Spin-Off Kwenta to Bolster DeFi Derivatives appeared first on Cryptonews.
Welcome to an interesting new blockchain cooperation unlike anything else expected. Leading distributed exchange aggregator 1inch has teamed with Bruce Lee's family to start its effort to sell and popularize Bitcoin and crypto acceptance under its “Take crypto SeriousLee” tagline.
To drive crypto adoption, 1inch has unveiled an unlikely partnership with the Bruce Lee Family Company.
Crypto exchange 1inch, which says its name was inspired by Bruce Lee's iconic “one-inch punch,” has teamed with the late martial artist's family.
DeFi platform 1inch and the family of Bruce Lee have teamed up in a new initiative aimed at changing the public's perception of cryptos.
TL;DR 1inch partners with the Bruce Lee Foundation to promote DeFi adoption and financial autonomy through the “Take Crypto SeriousLee” campaign. The campaign draws parallels between Bruce Lee's philosophy and DeFi, aiming to make decentralized finance more accessible and appealing.
1Inch has officially partnered with the Bruce Lee Family Company in its bid to take DeFi and crypto mainstream
1inch Network has announced a long-term partnership with the Bruce Lee Family Company, aimed at fostering the adoption of decentralized finance and Web3 under the slogan “Take crypto seriousLee.” This collaboration celebrates the legacy of Bruce Lee, whose iconic “one-inch punch” inspired the name of the 1inch platform.
The DeFi app 1inch, perhaps most famous primarily as a crypto wallet, announced today a partnership with the Bruce Lee Foundation.
1inch has teamed up with the Bruce Lee Family Company for the “Take crypto seriousLee” campaign, merging DeFi and Lee's legacy to shift public perception of cryptocurrencies.