Decentralized finance (DeFi) has become increasingly popular in recent years, offering users a wide range of financial services without the need for intermediaries. However, DeFi also comes with its own set of risks, including the potential for hacks and scams.

1inch has emerged as a leading DEX aggregator, revolutionizing how users access liquidity across various decentralized exchanges. Its competitive edge lies in a set of features that not only streamline trading but also enhance efficiency and cost-effectiveness.

Circle Internet Financial seems to have successfully navigated the challenges posed by the chaos in the banking system. The stablecoin giant was caught in the turmoil induced by the liquidation of Silvergate Bank. This eventually led to the seizure of Silicon Valley Bank and the subsequent shutting down of Signature Bank.

Crypto investors pulled around $3 billion overall from the stablecoin USDC in three days, the company behind the token said in a blog post on Thursday, as investors rushed to redeem their holdings in the wake of the collapse of Silicon Valley Bank.