UNKNOWN

AUGUST 2024

GLOBAL

1INCH

DESCRIPTION OF EVENTS

"One-stop access to decentralized finance" "Optimize your trades across hundreds of DEXes on multiple networks" "A tool for swapping tokens across any network and placing on-chain limit orders securely, at the best rate." "The most powerful mobile app for managing your assets and exploring Web3." "A cutting-edge tracking tool offering accurate, detailed and well-organized crypto portfolio information."

 

"1inch is dedicated to advancing a secure and compliant DeFi ecosystem. By uniting with forefront security and compliance specialists, we set the standard for safety and compliance, ensuring our users navigate the DeFi space with confidence."

 

"1inch is excited to finally reveal the news of our Rewards Program!. By using 1inch for your swaps, you're not only getting the best rates but also earning rewards! Keep using 1inh for your swaps to maximize your rewards. The more you swap, the more you earn!

 

For our Epoch 1Rewards Program distribution, not only are 1inch users eligible, but anyone in the EVM ecosystem. Over 5,000,000 $1NCH tokens are set to be distributed over our first reward period."

 

Who's eligible? Active users of the 1inch platform & engaged community members.

 

How to check eligibility? Visit our claim portal and connect your wallet ro see if you qualify."

 

"MistTrack, a crypto tracking and compliance platform developed by blockchain cybersecurity firm SlowMist, reported on X that the official Discord channel of the decentralized exchange aggregator 1Inch is suspected of being hacked."

 

"According to TechFlow, according to MistTrack monitoring, 1inch's official Discord is suspected to have been hacked and phishing links have been released. Please pay attention to the security of your funds."

 

"According to Foresight News, MistTrack has reported that the official Discord server of 1inch appears to have been compromised by hackers. The attackers have allegedly posted phishing links on the server, posing a significant risk to users. Members of the 1inch community are advised to exercise caution and avoid clicking on any suspicious links until the issue is resolved."

1inch offers a wallet to assist with storing crypto and a swapping service which assists with exchanging one asset to another. According to SlowMist, the official Discord channel of 1inch was breached and used to promote a phishing link as part of a fake airdrop. There does not appear to be any official news from the 1inch team and very few sources have subsequently reported or confirmed the breach.

Sources And Further Reading

 For questions or enquiries, email info@quadrigainitiative.com.

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