Our weekly updates are put together by folks deep in the crypto scene, giving you a clear picture of what's happening without overwhelming you.
To Watch This Week
AIRDROPS + ALPHAOct 27, 2021
Coins
1inch Surges Over 100% to New All-Time High
1inch, a DEX aggregator that picks out cheap crypto prices across decentralized exchanges , has seen its governance token (1INCH) surge over 100% this morning. The brief but major spike in price resulted in a new all-time high for the token of $8.65. The spike also came after a relatively dormant week for the token, which has spent the last week hovering between a high of $4.53 and a low of $3.72. At approximately 7:00am BST, 1INCH spiked from $4.18 to almost $6 in half an hour. The token then...
Jun 23, 2021
The Projects
What is 1inch Exchange? Beginner's Guide
Decentralized exchanges (DEXs) are cryptocurrency exchanges that don't require a third party to govern it all. The clue’s in the name, after all: on a decentralized exchange, there is no single company maintaining the order books, custodying funds or calling the shots. (Hypothetically, in principle, and often with some major caveats). Anyone can trade on a decentralized exchange; traders need only connect their wallets, never giving up access to their funds or personal information to companies....
Feb 12, 2021
Business
1inch Exchange Airdrops $84 Million to Crypto Community
Just in time for Lunar New Year, decentralized exchange aggregator 1inch Exchange is once again distributing free crypto in another seasonal marketing drive. The latest drop will distribute 6 million 1INCH tokens to Uniswap users and $9 million to its community. At today’s prices of about $5.6, the airdrop is worth about $84 million. The 1inch Foundation, the nonprofit that oversees the project, said it will distribute 6 million 1INCH tokens to people to Uniswap traders—those who have neither u...
Dec 26, 2020
DeFi
Major DeFi Exchange Gifts Users Millions in Free Crypto on Christmas Day
Spend the entire year giving and you might get a lil’ something in return on Christmas Day. That hope rang true for early adopters of decentralized exchange aggregator 1inch, whom 1inch this Christmas gifted tens of millions in free cryptocurrency. One lucky trader got $27 million in their stocking. The exchange aggregator, which combines order books from several decentralized exchanges to reduce price slippage, launched its own cryptocurrency, 1inch token, on Christmas Day. 1inch then distri...