1inch closed February with an agenda packed with developments in security, integrations and presence at Web3 ecosystem events.
In collaboration with PhishFort, the protocol published a comprehensive guide on how to stay safe in the DeFi ecosystem, focusing on phishing campaigns and fake advertisements. Additionally, Chief Information Officer Ilya Naryzhnyy took part in a conversation alongside representatives from Savant.Chat —a firm specializing in AI-powered audits— to analyze how AI is transforming both attacks and defenses in the decentralized ecosystem, positioning continuous auditing as the new industry standard.
1inch also documented the case of “David”, an experienced developer whose cold wallet was compromised after installing an apparently legitimate software update. The attack was later linked to actors associated with North Korea, in an operation tracked alongside security firm zeroShadow.
On the integrations front, 1inch announced a partnership with Alvara, creator of the ERC-7621 Basket Token standard. The alliance incorporates 1inch’s Swap API into Alvara’s Liquidity Expansion Layer to provide multi-venue liquidity for on-chain portfolio management.
Furthermore, the protocol was present at Web3 Circle Hong Kong on February 9th, an exclusive institutional gathering, and later participated in ETHDenver between the 17th and 21st of the same month. Tanner Moore, Head of Developer Relations at 1inch, presented at the Scaling Summit: House of AI and the Blockchain Application Stanford Summit, an event the protocol also co-sponsored.
Source: https://1inch.medium.com/1inch-in-february-focus-on-security-alvara-integration-ee19f91e430d
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