October 16, 2026

1inch

$5M bet lifts 1INCH 29% – Will bulls hold the $0.20 line?

$5M bet Rockets 1INCH 29%

A $5M position drove 1INCH up 29% to test the $0.20 support. Traders now watch whether bullish momentum can sustain gains amid profit-taking and broader market volatility that could push price below key line.

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1inch suffers $5M hack due to smart contract vulnerability

1inch, a decentralized exchange aggregator, has suffered a significant setback, losing $5 million to a hack attributed to vulnerabilities in its smart contracts. The incident underscores the ongoing security challenges faced by DeFi platforms in the crypto space.

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